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ICAP humiliating itself
01-23-2009, 04:18 AM,
 
Dears

Firstly I must say I personally know two people who qualified as an ACCA Affliciate from London and worked in London for about 1.5 yrs. One of them is earning 80,000 plus car and second one is earning 70,000 plus car in Karachi. If it is not good package then what is good package. Can someone explain. Remembers they are not ACCA full member yet.

I can accept the comment that one should go for local qualification if its apply at all time and for all foreign qualification. In Pakistan ICAEW is given preference over ICAP even by ICAP members, but on other hands they say ACCA is not good. The only ACCA crime is that it gives everyone equal opportunity to become Qualified accountant and conduct its examinations in Pakistan. I suspect same may happen to ICAEW in Pakistan in coming yrs and ICAEW is going to conduct its examinations in Pakistan.

Yaya Khan said check the number of ICAP and ACCA who are working in UAE. I assure everyone in number game ACCA will defeat every accountancy institute of the world even CPA(USA) which has 350,000 member more than double of ACCA members but most of them working in USA (correct me if I am wrong). As far as ACCA is concerned its has about 31,000 members in UAE as compare of ICAP which has about 875 members working outside Pakistan. So in number game ACCA will never loose.

One more interesting fact that ICAI(Ireland) which is the only UK based accountancy body fully recognised in USA is going to launch its new route to membership especially for ACCA members cause ACCA is defeating in number game to everyone in UK. But the problem is to use this new route of ICAI(Ireland) one has to be in UK. This route will be avialble in next coming months. If someone does not believe me, the person can email ICAI(Ireland) Director of Education and Training, Ronan O'Loughlin. Moreover ICAEW is going to change its CCBA route to its membership as current CCAB route of ICAEW failed to attract ACCA members. This will also be available soon.

Inspite of all above available option I do not recommend any of ACCA member to become ICAEW or ICAI(Ireland) as ACCA is itself big enough.

Another interesting thing, If some is national of EU member state and member of CPA(Ireland) then person can easily become member of ICAEW and ICAS(Scotland) using EU directive. EU directive does not apply to ACCA in Ireland and Scotland as it is already recognized there. So ACCA is already big enough.

For clarification of readers(especially rabia) in uk to become auditor and sign audit report of plc, one does not need to be member and hold practicing certificate issued by ACCA, ICAEW, ICAS, ICAI or any other profession body recognized by EU directive.

Auditor status of PLC can be issued to anyone who is considered fit for audit by Department of trade and Education. But normally Department of trade and Education issues audit certificate to members of following body.

<b>The Institute of Chartered Accountants in Australia (ICAA)</b>

<b>The Canadian Institute of Chartered Accountants (CICA)</b>

<b>The New Zealand Institute of Chartered Accountants (NZICA)</b>

<b>The South African Institute of Chartered Accountants (SAICA)</b>

I am not sure about <b>The Hong Kong Institute of Certified Public Accountants (HKICPA</b>). So I wanted to say Department of trade and Education can issue Audit certificate to anyone.

In short, signing audit report is not the main thing which is mainly discussed here by ICAP. The main thing is market recognition and ACCA has market recognition is 160 country of the world including Pakistan.

As far as Pakistan is concerned I have been told by CPA(Pak) that they are seeking audit recognition in Pakistan. If it will happen then ICAP will loose its monopoly in Pakistan. However I am not sure about CPA(PAK) this claim nor I am suggesting anyone to go for CPA(Pak) as I personally do not have any information about this qualification. I also do not know legal status of CPA(PAK) in Pakistan.

I even do not know why people are not willing to accept that Indian CA are also good. If we as a Pakistanis do have problem with India it does not means we should reject reality. ICAI(India) is the fourth biggest accountancy institute in the world with 145,000 members.

If Secondly class citizen means someone who cannot start his own business and buy property, then all overseas nationals in UAE (excluding Dubai) are second class citizen. However there is no such term in Western world. If someone is saying overseas students face problems in UK in start then its correct and it very natural, but it does not make anyone second class national. Remember Overseas students and workers in western world are not citizen of country where they study or work therefore term of second class citizen does not arise. In UAE they do not give passport to anyone so issue of second class citizen does not arise. To be second class citizen one has to be citizen first. Therefore I do not agree with Yaya Khan.

Furthermore, in Kuwait even a woman who is first class natioanl of Kuwait cannot start business, So sorry to say, but its fact in most UAE countries laws are not human laws. I used term first class citizen for Kuwait as in Kuwait there are about nine types of passports and citizenship. One has to live is Kuwait for 50 yrs to get lowest category of passport. UAE is different from rest of world.

Dear Toronto_Boy

Lawyer can better advise if term “Qualified Accountant” is protected by law in Canada or no. So its better to leave it.

Khalid
Reply


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
[No subject] - by mroneflower - 01-05-2009, 06:00 PM
[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
[No subject] - by Pracs - 01-06-2009, 08:14 AM
[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
[No subject] - by rabia-k - 01-08-2009, 04:14 PM
[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
[No subject] - by mroneflower - 01-15-2009, 12:55 PM
[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
[No subject] - by rabia-k - 01-16-2009, 02:41 AM
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[No subject] - by Shahbaz - 01-18-2009, 11:46 AM
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[No subject] - by rabia-k - 01-18-2009, 10:15 PM
[No subject] - by mroneflower - 01-19-2009, 02:10 AM
[No subject] - by Pracs - 01-19-2009, 03:38 AM
[No subject] - by ali_boy9 - 01-19-2009, 04:29 AM
[No subject] - by rabia-k - 01-19-2009, 04:35 PM
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[No subject] - by rabia-k - 01-19-2009, 07:44 PM
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[No subject] - by rabia-k - 01-19-2009, 08:39 PM
[No subject] - by kamranACA - 01-19-2009, 10:00 PM
[No subject] - by ali_boy9 - 01-19-2009, 10:15 PM
[No subject] - by rabia-k - 01-20-2009, 12:11 AM
[No subject] - by mroneflower - 01-20-2009, 02:24 AM
[No subject] - by Pracs - 01-20-2009, 07:46 AM
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[No subject] - by Pracs - 01-20-2009, 08:31 AM
[No subject] - by rabia-k - 01-20-2009, 04:03 PM
[No subject] - by kamranACA - 01-20-2009, 06:19 PM
[No subject] - by rabia-k - 01-20-2009, 10:31 PM
[No subject] - by SAIFEE - 01-21-2009, 04:52 AM
[No subject] - by Toronto_Boy - 01-21-2009, 05:32 AM
[No subject] - by Pracs - 01-21-2009, 06:39 AM
[No subject] - by mroneflower - 01-21-2009, 09:44 AM
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[No subject] - by Toronto_Boy - 01-21-2009, 01:02 PM
[No subject] - by mroneflower - 01-21-2009, 01:28 PM
[No subject] - by Toronto_Boy - 01-21-2009, 02:42 PM
[No subject] - by rabia-k - 01-21-2009, 06:42 PM
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[No subject] - by ali_boy9 - 01-21-2009, 10:32 PM
[No subject] - by mroneflower - 01-22-2009, 01:32 AM
[No subject] - by Toronto_Boy - 01-22-2009, 01:44 AM
[No subject] - by mroneflower - 01-22-2009, 01:59 AM
[No subject] - by mroneflower - 01-22-2009, 02:28 AM
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[No subject] - by ali_boy9 - 01-22-2009, 05:07 AM
[No subject] - by Toronto_Boy - 01-22-2009, 05:20 AM
[No subject] - by mroneflower - 01-22-2009, 07:49 AM
[No subject] - by Toronto_Boy - 01-22-2009, 08:32 AM
[No subject] - by mroneflower - 01-22-2009, 09:41 AM
[No subject] - by Toronto_Boy - 01-22-2009, 12:10 PM
[No subject] - by kamranACA - 01-22-2009, 05:15 PM
[No subject] - by mroneflower - 01-22-2009, 05:47 PM
[No subject] - by rabia-k - 01-22-2009, 07:10 PM
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[No subject] - by mroneflower - 01-22-2009, 07:33 PM
[No subject] - by kamranACA - 01-22-2009, 07:51 PM
[No subject] - by SAIFEE - 01-22-2009, 07:52 PM
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[No subject] - by yaya khan - 01-22-2009, 10:48 PM
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[No subject] - by Toronto_Boy - 01-23-2009, 05:54 AM
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[No subject] - by Pracs - 01-23-2009, 07:35 AM
[No subject] - by mroneflower - 01-23-2009, 07:47 AM
[No subject] - by Pracs - 01-23-2009, 07:58 AM
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[No subject] - by rabia-k - 01-26-2009, 12:11 AM
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[No subject] - by kamranACA - 01-26-2009, 05:48 PM
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[No subject] - by Schuaeb - 01-30-2009, 01:37 AM
[No subject] - by kamranACA - 01-30-2009, 06:39 PM
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[No subject] - by Schuaeb - 01-31-2009, 02:33 AM
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[No subject] - by mroneflower - 01-31-2009, 05:23 AM
[No subject] - by mroneflower - 01-31-2009, 05:29 AM
[No subject] - by Pracs - 01-31-2009, 07:28 AM
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[No subject] - by kamranACA - 01-31-2009, 09:15 PM
[No subject] - by mroneflower - 01-31-2009, 09:39 PM
[No subject] - by Schuaeb - 02-01-2009, 02:13 AM
[No subject] - by mroneflower - 02-01-2009, 08:16 AM
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[No subject] - by mroneflower - 02-02-2009, 11:26 PM
[No subject] - by kamranACA - 02-02-2009, 11:44 PM
[No subject] - by mroneflower - 02-03-2009, 12:07 AM
[No subject] - by Pracs - 02-03-2009, 04:29 AM
[No subject] - by mroneflower - 02-03-2009, 08:17 AM
[No subject] - by kamranACA - 02-03-2009, 05:38 PM
[No subject] - by rabia-k - 02-03-2009, 05:40 PM
[No subject] - by kamranACA - 02-04-2009, 05:31 PM
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[No subject] - by sumairalam - 02-09-2009, 08:08 PM
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[No subject] - by sumairalam - 02-10-2009, 10:16 PM
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[No subject] - by Pracs - 02-13-2009, 05:55 AM
[No subject] - by mroneflower - 04-01-2009, 03:08 PM
[No subject] - by kamranACA - 04-01-2009, 03:29 PM
[No subject] - by rabia-k - 04-01-2009, 04:06 PM
[No subject] - by admin - 04-01-2009, 05:59 PM
[No subject] - by kamranACA - 04-01-2009, 06:53 PM
[No subject] - by kamranACA - 04-01-2009, 07:03 PM
[No subject] - by mroneflower - 04-02-2009, 12:21 AM
[No subject] - by mroneflower - 04-02-2009, 12:26 AM
[No subject] - by mroneflower - 04-02-2009, 12:31 AM
[No subject] - by kamranACA - 04-02-2009, 12:52 AM
[No subject] - by mroneflower - 04-02-2009, 01:36 AM
[No subject] - by rabia-k - 04-02-2009, 01:54 AM
[No subject] - by mroneflower - 04-02-2009, 02:16 AM
[No subject] - by rabia-k - 04-02-2009, 02:36 AM
[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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