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ICAP humiliating itself
12-20-2008, 12:23 AM,
#4
 
Dears,

There appears no reason for advocacy of anything done by ICAP or ACCA or else. I know people may take wrong decisions because they are prone to errors and misjudgments. However, after going into the contents of above post I must say that it is totally based on lack of knowledge, understanding of circumstances, basis of bilateral exemptions, quality of profession locally and so on.

The writer is totally ignorant of the facts and he does not understand what could be logics to extend or reduce the exemptions etc.

One must understand that recognition is always a two way process and the world is not stationary that the decision once taken can never be changed. These have to be altered as per circumstances. This MOU between ICAP and ICEAW is a step forward to the path of further co-operation, understanding, sharing of expertise, research and reconsidering each other. This process is not stopped after signing off the MOU. I always wonder when one says that ACCAs were taking up Pakistan market. ACCAs can't do it within next 50 years, in Pakistan. It's a fact that in Pakistan they were, they are and they will be dependent on CAs of ICAP for everything they conceive, learn and add to their personalities. If some one has the ability to think he should reach the conclusion that unlike India, in Pakistan, it is always the ICAP that has been trying to give a place to ACCA to work. This is just a good gesture and professional approach. One can see who is dependent. I don't comment on Indian institutes because they know better what suits to their circumstances. However, after WTO and related covenants it would not be possible in the long run to abstain others to compete.

I agree, and I have already been agreeing that ICEAW is better and well placed as compared to ICAP. This has so many reasons. We all the developing countries look forward to those nations for every development. Now this does not give any credit to ACCA that was itself an association established by those who were “graceful” failures of ICEAW and invented this association as a solution to write some designation with their names. Check the history deeply. I can prove it, I guess.

Even then, if we analyze the situation, it is a fact that ICEAW qualified people also have to qualify 3 papers of ICAP before getting into public practice in Pakistan. I must say this does not render them inferior to ICAP members. This is just to make them to learn about local rules and regulations which overrule the international pronouncements etc. No one ever felt it disrespect at ICEAW.

Like-wise if ICEAW has imposed condition of 3 papers, it carries no humiliation at all. This is not a humiliation at all. Rather it is right of ICEAW to judge the professionals at its own criteria. No harms in it. This creation is only of a destructive or ignorant mindset.

It may also be noted that the condition of two years of training does not require anyone to go to UK and get training there-from. The firms of Pakistani qualified people are accredited and authorized to provide such trainings. I experienced that ICEAW is more than willing to authorize every good firm which applies for it. I am a Pakistani qualified CA in public practice and I tell you that students (doing ICEAW after ICAP) will get training from us, the people who are ICAP qualified. Is it a disgrace? I said it's a two way process. Mind is required to understand the facts. No GORA is supposed to come here to train us and even if it happens it's not a disgrace. One learns all the life time.

Time has not stopped, judgment day has not come. There will be more deliberations and co-operation between various institutes worldwide in the time to come. There may be increase or decrease of such exemptions and facilitations in the upcoming days from one or both sides. When one talks about co-operation, it has to wait for confidence building.

The USA's qualified person (say some CFA etc), if wants to get ICAP membership, will be required to undergo all the exam and training requirements. Would it be a disgrace if some how he has to do it?

Hope it may make things easier to understand.

I, however, wonder when some kids talk about the issues bigger than the capacity of their brains. Certainly this sentence is not for the writer of the article.

Regards,



KAMRAN.


Note Edited for wrong spellings.
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Messages In This Thread
ICAP humiliating itself - by mroneflower - 12-19-2008, 03:15 AM
[No subject] - by Shahbaz - 12-19-2008, 12:48 PM
[No subject] - by unseendemon - 12-19-2008, 11:49 PM
[No subject] - by kamranACA - 12-20-2008, 12:23 AM
[No subject] - by ali_boy9 - 12-20-2008, 08:28 AM
[No subject] - by mroneflower - 12-20-2008, 01:12 PM
[No subject] - by mhmirza - 12-20-2008, 05:21 PM
[No subject] - by kamranACA - 12-20-2008, 06:09 PM
[No subject] - by kamranACA - 12-20-2008, 07:04 PM
[No subject] - by ali_boy9 - 12-20-2008, 07:55 PM
[No subject] - by mroneflower - 12-22-2008, 01:29 AM
[No subject] - by kamranACA - 12-22-2008, 05:54 PM
[No subject] - by mroneflower - 12-23-2008, 12:45 AM
[No subject] - by mhmirza - 12-23-2008, 07:04 PM
[No subject] - by kamranACA - 12-23-2008, 10:26 PM
[No subject] - by mroneflower - 12-24-2008, 08:58 AM
[No subject] - by kamranACA - 12-24-2008, 06:29 PM
[No subject] - by mhmirza - 12-24-2008, 06:29 PM
[No subject] - by kamranACA - 12-24-2008, 06:57 PM
[No subject] - by ali_boy9 - 12-24-2008, 10:44 PM
[No subject] - by mroneflower - 12-25-2008, 02:45 AM
[No subject] - by mroneflower - 12-25-2008, 09:39 AM
[No subject] - by unseendemon - 12-25-2008, 07:58 PM
[No subject] - by Pracs - 12-25-2008, 10:01 PM
[No subject] - by mroneflower - 12-25-2008, 10:43 PM
[No subject] - by mroneflower - 12-26-2008, 01:13 PM
[No subject] - by kamranACA - 12-26-2008, 04:07 PM
[No subject] - by mroneflower - 12-27-2008, 09:25 AM
[No subject] - by mroneflower - 12-28-2008, 04:01 PM
[No subject] - by kamranACA - 12-28-2008, 06:39 PM
[No subject] - by kamranACA - 12-28-2008, 06:42 PM
[No subject] - by mroneflower - 12-28-2008, 08:19 PM
[No subject] - by unseendemon - 12-29-2008, 01:43 AM
[No subject] - by Pracs - 12-29-2008, 05:42 AM
[No subject] - by kamranACA - 12-29-2008, 06:08 AM
[No subject] - by mhmirza - 12-29-2008, 04:04 PM
[No subject] - by mhmirza - 12-29-2008, 04:09 PM
[No subject] - by kamranACA - 12-29-2008, 04:50 PM
[No subject] - by mroneflower - 12-29-2008, 06:02 PM
[No subject] - by kamranACA - 12-29-2008, 06:17 PM
[No subject] - by nakaiun - 12-29-2008, 06:27 PM
[No subject] - by mroneflower - 12-29-2008, 06:52 PM
[No subject] - by nakaiun - 12-29-2008, 06:57 PM
[No subject] - by kamranACA - 12-29-2008, 07:12 PM
[No subject] - by ali_boy9 - 12-29-2008, 09:38 PM
[No subject] - by ali_boy9 - 12-29-2008, 09:43 PM
[No subject] - by kamranACA - 12-29-2008, 10:35 PM
[No subject] - by unseendemon - 12-30-2008, 12:06 AM
[No subject] - by usmansss - 12-30-2008, 03:34 AM
[No subject] - by ali_boy9 - 12-30-2008, 05:25 AM
[No subject] - by mroneflower - 12-30-2008, 04:08 PM
[No subject] - by nakaiun - 12-30-2008, 04:19 PM
[No subject] - by kamranACA - 12-30-2008, 05:18 PM
[No subject] - by kamranACA - 12-30-2008, 05:24 PM
[No subject] - by mroneflower - 12-30-2008, 06:31 PM
[No subject] - by kamranACA - 12-30-2008, 07:16 PM
[No subject] - by mroneflower - 12-30-2008, 09:07 PM
[No subject] - by kamranACA - 12-31-2008, 04:06 PM
[No subject] - by mroneflower - 12-31-2008, 09:51 PM
[No subject] - by mroneflower - 01-01-2009, 03:14 PM
[No subject] - by mhmirza - 01-01-2009, 04:27 PM
[No subject] - by kamranACA - 01-01-2009, 04:35 PM
[No subject] - by mroneflower - 01-01-2009, 05:46 PM
[No subject] - by mroneflower - 01-02-2009, 03:13 AM
[No subject] - by mroneflower - 01-02-2009, 04:39 AM
[No subject] - by kamranACA - 01-02-2009, 04:24 PM
[No subject] - by Shahbaz - 01-03-2009, 04:25 AM
[No subject] - by mroneflower - 01-03-2009, 05:33 AM
[No subject] - by dreamsunlimited - 01-03-2009, 07:51 PM
[No subject] - by mroneflower - 01-03-2009, 09:42 PM
[No subject] - by faizee - 01-04-2009, 08:32 PM
[No subject] - by kamranACA - 01-04-2009, 09:16 PM
[No subject] - by mroneflower - 01-04-2009, 10:30 PM
[No subject] - by kamranACA - 01-04-2009, 10:59 PM
[No subject] - by mroneflower - 01-04-2009, 11:19 PM
[No subject] - by kamranACA - 01-04-2009, 11:48 PM
[No subject] - by kamranACA - 01-04-2009, 11:56 PM
[No subject] - by mroneflower - 01-05-2009, 12:03 AM
[No subject] - by dreamsunlimited - 01-05-2009, 05:12 AM
[No subject] - by khani - 01-05-2009, 11:46 AM
[No subject] - by mroneflower - 01-05-2009, 01:57 PM
[No subject] - by mroneflower - 01-05-2009, 02:35 PM
[No subject] - by kamranACA - 01-05-2009, 05:36 PM
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[No subject] - by rabia-k - 01-05-2009, 06:45 PM
[No subject] - by rabia-k - 01-05-2009, 06:59 PM
[No subject] - by mroneflower - 01-05-2009, 07:14 PM
[No subject] - by Shahbaz - 01-06-2009, 12:10 AM
[No subject] - by mroneflower - 01-06-2009, 02:27 AM
[No subject] - by mroneflower - 01-06-2009, 06:29 AM
[No subject] - by Pracs - 01-06-2009, 08:09 AM
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[No subject] - by rabia-k - 01-06-2009, 06:42 PM
[No subject] - by mroneflower - 01-07-2009, 08:09 AM
[No subject] - by rabia-k - 01-07-2009, 11:41 PM
[No subject] - by mroneflower - 01-08-2009, 03:05 AM
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[No subject] - by mroneflower - 01-09-2009, 07:13 PM
[No subject] - by rabia-k - 01-10-2009, 09:25 PM
[No subject] - by mroneflower - 01-11-2009, 01:27 AM
[No subject] - by rabia-k - 01-11-2009, 03:34 AM
[No subject] - by rabia-k - 01-11-2009, 03:55 AM
[No subject] - by mroneflower - 01-11-2009, 08:44 AM
[No subject] - by Toronto_Boy - 01-12-2009, 06:00 PM
[No subject] - by kamranACA - 01-12-2009, 11:39 PM
[No subject] - by Schuaeb - 01-12-2009, 11:52 PM
[No subject] - by rabia-k - 01-13-2009, 01:50 AM
[No subject] - by mroneflower - 01-13-2009, 05:33 AM
[No subject] - by mroneflower - 01-13-2009, 06:09 AM
[No subject] - by Ali_87 - 01-13-2009, 05:08 PM
[No subject] - by kamranACA - 01-13-2009, 05:24 PM
[No subject] - by rabia-k - 01-13-2009, 08:31 PM
[No subject] - by mroneflower - 01-13-2009, 10:30 PM
[No subject] - by rabia-k - 01-13-2009, 10:54 PM
[No subject] - by mroneflower - 01-14-2009, 11:30 AM
[No subject] - by rabia-k - 01-14-2009, 04:33 PM
[No subject] - by kamranACA - 01-14-2009, 04:34 PM
[No subject] - by rabia-k - 01-14-2009, 04:46 PM
[No subject] - by mroneflower - 01-14-2009, 10:38 PM
[No subject] - by rabia-k - 01-14-2009, 10:55 PM
[No subject] - by Schuaeb - 01-15-2009, 12:03 AM
[No subject] - by Schuaeb - 01-15-2009, 12:09 AM
[No subject] - by rabia-k - 01-15-2009, 01:22 AM
[No subject] - by sadaf4ahsan - 01-15-2009, 05:34 AM
[No subject] - by Pracs - 01-15-2009, 06:01 AM
[No subject] - by ali_boy9 - 01-15-2009, 07:40 AM
[No subject] - by mroneflower - 01-15-2009, 08:54 AM
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[No subject] - by rabia-k - 01-15-2009, 04:37 PM
[No subject] - by kamranACA - 01-15-2009, 10:48 PM
[No subject] - by rabia-k - 01-16-2009, 12:50 AM
[No subject] - by rabia-k - 01-16-2009, 12:57 AM
[No subject] - by mroneflower - 01-16-2009, 01:20 AM
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[No subject] - by admin - 04-01-2009, 05:59 PM
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[No subject] - by mroneflower - 04-02-2009, 03:41 AM
[No subject] - by sumairalam - 04-02-2009, 05:34 AM
[No subject] - by mroneflower - 04-02-2009, 06:22 AM
[No subject] - by Toronto_Boy - 04-02-2009, 06:31 AM
[No subject] - by sumairalam - 04-02-2009, 06:43 AM
[No subject] - by mroneflower - 04-02-2009, 06:50 AM
[No subject] - by Toronto_Boy - 04-02-2009, 07:07 AM
[No subject] - by Pracs - 04-02-2009, 07:19 AM
[No subject] - by mroneflower - 04-02-2009, 07:51 AM
[No subject] - by rabia-k - 04-02-2009, 03:15 PM
[No subject] - by sumairalam - 04-02-2009, 04:40 PM
[No subject] - by rabia-k - 04-02-2009, 07:20 PM
[No subject] - by rabia-k - 04-02-2009, 07:29 PM
[No subject] - by kamranACA - 04-02-2009, 11:43 PM
[No subject] - by rabia-k - 04-02-2009, 11:53 PM
[No subject] - by Toronto_Boy - 04-03-2009, 01:46 AM
[No subject] - by kamranACA - 04-03-2009, 02:04 AM
[No subject] - by Toronto_Boy - 04-03-2009, 03:10 AM
[No subject] - by mroneflower - 04-03-2009, 04:00 AM
[No subject] - by mroneflower - 04-03-2009, 04:22 AM
[No subject] - by mroneflower - 04-03-2009, 04:49 AM
[No subject] - by mroneflower - 04-03-2009, 04:52 AM
[No subject] - by rabia-k - 04-03-2009, 05:08 AM
[No subject] - by kamranACA - 04-03-2009, 10:35 PM
[No subject] - by kamranACA - 04-03-2009, 11:00 PM

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