11-23-2010, 03:12 AM
CFA is an american qualification and 1 need to have a lot of practical experience and as well as some professional certificate in order to clear exams, irrespective of minimum entry requirements. Not certain about Pakistan but abroad it is valued(both in monetary and demand terms) lot more than CA.
And for those arguing CAT(ACCA) vs CA(ICAP), let me tell you I have many a friends doing ACCA who left CA because they couldn't get through it. They personally admit CA syllabus to be tougher as compared CAT and ACCA to the extent they have studied.and studying Costing of mod D or F at CAT stage is no big deal. I have also solved CIMA questions in module D. Furthermore OB which is the professional paper of ACCA covers 35% syllabus of BCBS in module C. THis definitely doesn't means that ACCA is not upto the mark. these differences are always there as it upto the board to decide which subject has to be studied at what level but with respect to syllabus, they are more or less equal, but when it comes to monetary terms CA costs cheaper and yield high atleast in Pakistan, whereas CA and Pakistani(ACCA) are almost same in the abroad market
And for those arguing CAT(ACCA) vs CA(ICAP), let me tell you I have many a friends doing ACCA who left CA because they couldn't get through it. They personally admit CA syllabus to be tougher as compared CAT and ACCA to the extent they have studied.and studying Costing of mod D or F at CAT stage is no big deal. I have also solved CIMA questions in module D. Furthermore OB which is the professional paper of ACCA covers 35% syllabus of BCBS in module C. THis definitely doesn't means that ACCA is not upto the mark. these differences are always there as it upto the board to decide which subject has to be studied at what level but with respect to syllabus, they are more or less equal, but when it comes to monetary terms CA costs cheaper and yield high atleast in Pakistan, whereas CA and Pakistani(ACCA) are almost same in the abroad market
