03-10-2011, 08:46 PM
Neither ICAP had 2200 members in year 1999 nor did it get 4000 in year 2005. So, even the figures you are quoting are incorrect then why should I go further to give an explanation? Is there a need to go for further analysis? If yes, come back and I will tell you how many ICAP members are ACCAs. Not in a negative sense, rather only to correct your record.
As far as going for additional qualification is concerned; I am the one who always supported it. But for the sake of having exposure, and not for the reason that previous qualification is/was worthless. This becomes weirder when one at the onset knew that the (previous) qualification is worthless. I am not declaring any qualification as worthless; these words are only for those who cry on their decision and who their-selves declare their qualification as merely a gateway or worthless.
Definitely, the more you study and the more you learn, the more exposure with greater volume of diversification you are supposed to get. The ones who qualify one professional exam and then opt for others without worrying for what and which exemptions are available or withdrawn, are the ones who have aptitude and courage. The world is open for the hard worker and ambitious people. But unfortunately these words are not for the ones who plan out short-cuts.
Choosing a qualification MERELY as a gateway while out-rightly targeting someone else is incorrect. And that also becomes objectionable when you have precious and little resources, short time to settle down etc and you eventually cry for your incorrect decision. The decision to use a short-cut or chor darwaza. So, chor darwaza is for those who are caught up in such state of mind.
None of the qualification is a chor-darwaza in itself unless and until someone intends to use it in that fashion.
I believe, ICAP never went to anyone for providing assurance that pls get bala bala designation and we are here to provide you with exemptions. Exemptions and bilateral arrangements are continuing process and are not purely based upon qualitative factors ONLY. There are many other issues to be kept in view in the ever changing world. So, if ICAP has never provided any written assurance, and in case of a number of institutes in the world exemptions do fluctuate with the time, then why you guys are complaining unnecessarily?
Is there any bar on ACCAs to do CA? not at all. Then what is the issue to debate? Merely the greater number of papers as compared to previous ones? This is a joke and does not suit professionals to grouse about. The people who did CA or ACCA in 80s studied a very nominal number of international professional pronouncements; so, should we not start complaining that why we are tested for such a greater number of IFRSs, ISAs and interpretations when earlier on this was not a case??? Definitely not! So the buddy, this is a changing world and you have to move with its circumstances and be adaptable always. Exemptions will keep coming and leaving; so concentrate on what suits you more. If you have to take the challenge then just take it.
ACCA or any other qualification would never be a chor darwaza for the one who considers his decision correct; and who for any other reason or thirst is willing to go for further qualifications, and for doing so, accepts whatever conditions/exemptions/challenges are prevalent and strives for his targets. Such a person is appreciated and welcomed everywhere.
BTW, "shortcut" or "chor darwaza" or even "gateway" are not an abuse in any decent terms.
Regards,