ACCA vs CA

[Salman_Z]

I am failed to understand why this discussion is necessary, is it a competition going on between CA and ACCA????. Every qualification demands hardworking and dedication, if you study hard and work hard, it is a cake walk for you, otherwise its a tough world for you. One person was saying that its a shortcut, I was really surprised to see that comment, its childish and the person must be unaware and must be living in a fools paradise to say any qualification, a shortcut. Let me tell you the difference, its all the matter of rules, ICAP has a rule of passing all the attempted papers in one go to become successful in one group (Pakistan is the only country whith this rule) whereas, ACCA rule is if you pass any paper, its yours, you dont have to sit for the whole stage, if you are unsuccessful in one of your papers. As for the Pakistani tax law, is not an issue if you know that basics of taxation (even taxation of UK) you can get hold of our taxation principals also, it is all derived from dedication, no qualification is inferior or superior, its a mind set of the public which is "CA" not "ACCA", otherwise both are equivalent. CA students has to to an 4 years article ship, and they cannot have enough time to study as they are spending most of the time doing audits, whereas, ACCA students are full timers and there are proper coaching centers available to guide them. I have done my MBA and CA as well and I have many friends who have doing ACCA, believe me, my friend who has done ACCA paid better them me, its a matter of luck and oppotunity. So my friends concentrate on you studies no matter if you are studying for CA or ACCA, Stop comparing both, because every qualification demands hardworking, dedication and committment for success.

Allah Hafiz

Salman Zafar