10-13-2006, 05:03 AM
Rambo, its not about being an ostrich or a 'kabootar' as you put it, if and if ICAEW comes in Pakistan CAs from ICAEW will not have the regulatary backing to practice in Pakistan, some arrangements of reciprocal membership will be up (as there are already) and members of ICAEW will still have to pass the local papers or opt for dual membership with ICAP, which will retain its postion in the market, nothing will happen overnight. ICAEW runs joint schemes with local institutes in Malaysia and Singapore which still have their local institutes who regulate the profession. It is wait and see as Schueab just said.
