01-02-2004, 10:47 PM
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>SMR, Sumaan and others I think we are all professionals here and do know that no qualification is easy to attain. A certain amount of hardwork is necassary even if someone wants to be a cook or a chowkidar and that should be respected. <hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Yes Omar, that no qualification is easy to attain, every qualification is difficult, but the level of difficulty is not the same, same is the case with CA and ACCA, In ACCA you have your prescribed Syllabus, but In CA on the day of Exam, you can never be sure about the exam, that from where the examinar is going to ask the question, and second thing is the passing policy of ICAP, (I think which plays a vital role),
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>As for your question SMR, I think you would also be aware that no ICAEW qualified CA can become a partner in Pakistani firm unless he clears ICAPS Pakistani LAw and Tax papers. If you dont see the point of that or realise the fact that compliance to laws as well as taxation of the environment you are working in, as an important aspect of an accountants work then I guess people are right in judging that ACCA's are indeed inferior to CA's but honestly speaking I think that both are equally well equipt to deal with matters pertaining accounting or audit, so the only place ACCA's lack is the knowledge of local Tax and Corporate laws.<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Agreed and Same is the case with ACCAs, they also have to appear in same papers, but ICEAW are still preferred to ACCAs, the positions of both is same like we have the positions of CAs and ACMAs in Pakistan.
SMR
Yes Omar, that no qualification is easy to attain, every qualification is difficult, but the level of difficulty is not the same, same is the case with CA and ACCA, In ACCA you have your prescribed Syllabus, but In CA on the day of Exam, you can never be sure about the exam, that from where the examinar is going to ask the question, and second thing is the passing policy of ICAP, (I think which plays a vital role),
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Tahoma, Arial" id=quote>quote<hr height=1 noshade id=quote>As for your question SMR, I think you would also be aware that no ICAEW qualified CA can become a partner in Pakistani firm unless he clears ICAPS Pakistani LAw and Tax papers. If you dont see the point of that or realise the fact that compliance to laws as well as taxation of the environment you are working in, as an important aspect of an accountants work then I guess people are right in judging that ACCA's are indeed inferior to CA's but honestly speaking I think that both are equally well equipt to deal with matters pertaining accounting or audit, so the only place ACCA's lack is the knowledge of local Tax and Corporate laws.<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Agreed and Same is the case with ACCAs, they also have to appear in same papers, but ICEAW are still preferred to ACCAs, the positions of both is same like we have the positions of CAs and ACMAs in Pakistan.
SMR