04-14-2004, 06:26 AM
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Hello
With less than 4,000 members ICAP should be trying to increase its membership. Keeping such a tight control over the number of students passing may have been acceptable in the old feudal days, where the powerful could oppress the poor by denying them education.
Higher membership would increase the level of accountancy within the country and get rid of the manual accounting done by the owner of his business.
Hence I think that the exemption policy should be liberal. And the exam results / work experince taken into account as well for ACCA members.
Anyway, the ACCA exams are not any easier than ICAP's. Just the approach by the boards are different.
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I don't agree with you here... You see a board's aim shouldn't be to maximize number of members, instead it should maintain its significance... Considering ICAP's monopoly in Pakistan, if I were to run ICAP, I'd certainly go with the current ICAP plans... Atleast we have one profession in Pakistan that is highly respected and if you haven't noticed, a Chartered Accountant always stands noticed amongst a gathering of professionals... And why is that so?... Becausing everyone knows that to become an ACA from ICAP, one has to be extraordinarily competent...
Higher number of ICAP members would never help eradicate manual accounting by owners themselves... It doesn't have any sort of relationship with that.
Hello
With less than 4,000 members ICAP should be trying to increase its membership. Keeping such a tight control over the number of students passing may have been acceptable in the old feudal days, where the powerful could oppress the poor by denying them education.
Higher membership would increase the level of accountancy within the country and get rid of the manual accounting done by the owner of his business.
Hence I think that the exemption policy should be liberal. And the exam results / work experince taken into account as well for ACCA members.
Anyway, the ACCA exams are not any easier than ICAP's. Just the approach by the boards are different.
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I don't agree with you here... You see a board's aim shouldn't be to maximize number of members, instead it should maintain its significance... Considering ICAP's monopoly in Pakistan, if I were to run ICAP, I'd certainly go with the current ICAP plans... Atleast we have one profession in Pakistan that is highly respected and if you haven't noticed, a Chartered Accountant always stands noticed amongst a gathering of professionals... And why is that so?... Becausing everyone knows that to become an ACA from ICAP, one has to be extraordinarily competent...
Higher number of ICAP members would never help eradicate manual accounting by owners themselves... It doesn't have any sort of relationship with that.