01-12-2009, 11:39 PM
Dears,
I had been out of touch for some days due to personal pre-occupations.
There had been interesting discussion on the forum from Rabia and Khalid. As far as Ali's post is concerned I must request him not to discuss me at such a personal level on the forum.
Rabia, I am among the ones who have always been supporting the idea of increased number of females in the profession. I believe the economies need their contribution. This issue has been debated with another member of the forum Mr. Muhammad Amir, who is ACCA student and is a firm opponent of this idea. You, as depicted in your posts, are located at UAE and due to your residential status you are ignoring the back ground and context of the arguments I use to make when some body inquires about which stream of qualification he/she should go for.
UAE is a good place for ACCAs, this is not the first time we agree on it. For your clarity, I must mention that I don't have any personal grudge or issue with any other qualification or professional. Sometimes the posts require a reply which becomes essential to keep the things balanced. Further, I only say what I believe in and when advising some one I always keep myself beyond any prejudice. Notwithstanding this I am also a human being and as such I may not be perfect as well.
No qualification will lose its worth merely because I or some body else don't rate it as most preferable. Similarly, we cannot change the facts on ground regardless of whatever we attempt to do. ACCA is off course a good qualification. Why we differentiate the ACCAs at UK or Pakistan has so many reasons. I don't support the statement that ACCAs are engaged in audits of beauty saloons, still, it may not be as weird as it is being taken. I, however, feel that there are so many beauty saloons whose earning may be better than normal private limited companies. May we have some such saloons incorporated as private limited companies, although I am not confirmed?
If you need to know why ACCA is not better than ICAP at Pakistan (I said Pakistan), if you need to know why input quality of ACCA students is poor, if you need to know what legal status ACCA has in Pakistan, if you need to know why ACCA is so far a looser in Pakistanâs market and why it is so far dependent, if you need to know what is the difference between a Pakistani qualified ACCA and a UK qualified ACCA when considered for its market worth at UK, if you need to know the difference between strugglers and failures, and if you need to know answer to other such questions, then you must try to understand the conditions prevalent at Pakistan since my focal area of discussion is Pakistan.
Further, keep in mind that all recognized firms including Big 4 at UK are primarily CA firms. They are also CPAs in other countries. Such renowned firms mainly represent CA or CPA bodies at the originating place of such firms. They have ACCA partners as well. I donât want to undermine any oneâs position. The point to understand when talking on this facet is to find out how many firms having solely ACCA partners or proprietors (whose base is ACCA and not the CA or CPA) are there in competition. You need to understand it. This may be checked with reference to portfolio of clientele. The license or accreditation is very good but it cannot make some one the market leader. I said getting the test cap is very good but for having a good rating one has to perform better. Performance, professionally speaking, is evidenced by number of clients, business portfolio, assignments in hand, past experiences, revenues, number of staff members, number of firms and their offices and so on. These are not judged by number of countries in which a designation is given exemptions etc. How a designation performs in such authorizing countries is the measure of success.
Ali said, he is a layman to the things being discussed on the thread. Then he said that it may be surprising to know that he is ACCA student. Please donât mind it but I donât find a reason to criticize his statements. There is a way to perceive and understand the issues and statements. If some one does not have its ability he should not start beating about the bush. Being layman, to my understanding, meant that he does not know the ground realities of all the facts being discussed especially when he is not here in Pakistan and that he knows little about ICAP and Pakistani market. He may also be saying that he is at a junior level and he may not be in a position to comment professionally to the extent that he may be considered a contributor within specific context. Getting surprised to know him as ACCA student may be referring to his inclination of giving respect to his own country and ICAP when others, in his view, are not doing it.
Every oneâs stay outside Pakistan cannot be criticized in the context people normally do. Such residential status may also not impair oneâs patriotism or concerns for his own country. For example if some oneâs father is a diplomat working in some foreign office, he may not be able to live at Pakistan without his family. However, every one may have different approach towards life. Here we are discussing living out of the country only for the limitation caused by a specific qualification. Other personal matters should not be discussed in my view.
I donât comment on Rabiaâs issue with some cousin probably, because itâs totally her personal matter. Yes I appreciate that she agreed to expect good returns after doing CA from ICEAW.
Khalid, keep on trying your level best. For you itâs enough that I am here for further two years Inshallah to put some critical questions for you. If you will check my presence here you will note this presence for a similar tenure in the past as well. So many like you made such claims. Letâs see what you will say after two years. I hope you would be professional enough to reply such queries. Letâs see what happens on or after 31 December 2010 i.e. your couple of years. Now please donât hide behind the statements that this discussion is not started by you.
Best regards,
KAMRAN.