09-23-2008, 09:31 PM
Dear Khani, ad2478 and others,
Due to certain pre-occupations I could not remain in touch. Whatever has been written in this thread in the form of questions has been explained in other threads many times and wherever is required, would again be tried to answer.
However, before this, I just place on record that no body was humiliated unless a reason was created to do so and even then limits were used. One should re-visit his words in each and every post. Like is likely to be replied with like. Here I would not go in detail to explain again that my initial mail was not purposed to hit some one personally. Rather it was an explanation for those who got confused of the one sided view and this fact was out rightly mentioned.
The question came that, is ICEAW not better than Pakistani CA? Reply is yes; off course it is better in international arena due to so many reasons. This has, however, nothing to do with whatever I wrote in earlier posts. I have, at so many places in other threads, mentioned that ICEAW is better. This is not new to be discussed.
In Pakistan, however, member of ICEAW or ICAP are JUST equal and if ICEAW member would like to be in practice he would be required to qualify certain papers of ICAP. Similarly ICAP members are required to qualify some papers (3) of ICEAW to become its members.
No group at ICAP is supposed to fail the students deliberately. It's a childish thinking. The matter is of survival of the fittest and this happens every where, I have already explained.
There is no monopoly. This thinking reflects a failure avenge and should be avoided if some one finds himself up to the mark. No body is relative of any one in council that he gets passed quickly without any reason. There is nothing like luck I also mention. One has to study and come up to the required level. Otherwise, keep on striking head, be a part of so-called esteemed 98%, and nothing will come out of it. It's again an ALAF LAILVI thinking.
The question of Khani about why ACCA is not being given the anticipated recognition in Pakistan has already been specifically replied to him on another thread. Khani, please do visit it again if you have forgotten. It's not so simple to be understood without understanding the whole process. ICAP recognized ICEAW's designation (even in practice) in full before even getting into corresponding MOU etc. We cannot complain that why at that time ICEAW was not giving such exemptions to ICAP. Now even having an MOU, ICAP is requiring ICEAW members to pass certain papers for getting into practice. This was not required in past. I would again like to mention that if ACCA is so prestigious then why it looks forward to get exemptions from ICAP. We are not the policy makers. Mutual recognitions find their roots in so many considerations which I have already explained to you.
Rambo, a guy appeared here with hilarious remarks. He has similar grouses of having lesser exemptions. What an innocent question? Anyway! For his info, I did my CA in recent years and not in 1985. Recent years mean last half decade. Further, if in 1985 it was available in free then why the people like him could not increase its number in Pakistan and remained part of esteemed and innocent 98% category. From young professionals, I could not understand what he wanted to argue. It may be indicating young 98% population. His argument of ICAP's monopoly is again reflective of his un-informed thinking and I don't comment on it.
ad2478 has asked a question
QUOTE
i have one more question from you KAMRAN bhai which is confusing me. how a local qualification will secure our future then compared to a foreign one? suppose if i do ACCA ....and other guy do CA...dont you think even at our local business sector ACCA will be preferd as it is a TRUTH that UK education is 1000 times better then of ours? you might say qualifications are designed for their specifi regions but even this is confusing.because we study the same thing in ACCA or CA. I mean if its auditing stuff then ofcourse auditing have the same meaning all over the world then how will a local qualification will secure our future??
UNQUOTE
I normally don't like to reply the questions which are asked with totally unaware minds and lack of basic concept. I think you should try to find out what is meant by local charter and why studying same "auditing" does not make an ACCA equal to CA, at least in Pakistan and makes CA equal to CPA in USA and so on. This thread is, as said earlier, not focused on CA v/s ACCA debate. It has already been discussed so many times. Just open the threads and find answers.
Still, if you don't understand (I called it innocent age) then do your ACCA and come out to the local market. You will come to know the difference.
I again mention that I am not against ACCA in general, I have read its books. However, simply the good books cannot make any certification the best in itself. This fact has been discussed at length. Leaving every thing behind, in fact everything sums up in market requirement. Go out and try to find out ACCAs in the market. You will be answered. ACCA is a good gateway for further qualifications but does not isolatedly make up a good rewarding qualification.
As far as the issues of Pakistan are concerned, I have similar views about it. I never regarded Pakistan a best place to live at. But our problem is that we are born as Pakistanis. Now, when a boat is going to drown there appears two way outs. One is to leave the boat and swim out of the water. The other is to try to the last moment for saving the boat. There is always a chance to swim out if you know swimming. But the ones who save the boat are the ones who have to own the boat. If Pakistan is wrong, it's wrong due to ourselves. Every corrupt is our relative. If not mine then yours, and if not yours then mine. Either deny your existence as Pakistani as some people here appear to do, or try to do something for making it good. As far as the names of the corrupt people and generals discussed, I don't have different views about them. It's bit controversial but I don't feel very delicate about AQ Khan as well. He had been part of the nuclear trade and he cannot deny it. These people have caused Pakistan to reach at this corner although he was among the ones who gave Pakistan the nuclear strength. Things are quite controversial.
I, at the end, like to say that having more than one qualifications, specially obtaining international qualifications is not bad idea. It's more logical in view of our threatened existence as a nation. Again this is not something new which I am saying. However, whenever we talk about it we should remain un-biased and must show both sides of the picture. When someone says sitaron kay aagey jahaan aur bhi hain, he must not forget that all those JAHAANS don't end up in one country who is itself dependent upon work force of other nations being called âback in homeâ. Those back in home have been making most of this so-called wonderland!!!
Despite this all, Pakistan is not a good place (in particular) for ACCAs isolatedly. I mention it because most of the arguing people pertain to it or to the esteemed so-called 98% class. If some one has doubts, he should try it and get the results. No body is going to be harmed.
Regards,
KAMRAN.