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Is ICMAP bigger than CIMA?

 
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Is ICMAP bigger than CIMA?
kamranACA
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#76
10-24-2009, 07:37 PM
Sohail / ad2478

I would like to comment on ranking of universities first of all. Here on the focal point I do not disagree to all of you since the ranking has its importance and cannot be changed whatever we say.

Notwithstanding with my agreement with you, let me mention some other facts as well. We are discussing quality education that we largely accept is not available in Pakistan. I explained that in some cases it does exist here as well but it is so costly that poorer and middle class students cannot be benefited. I also tried emphasizing that we need a comprehensive education policy and major reforms in education especially at public sector.

Ad2478 said that our universities are not up to the international level so we cannot get that level of education despite whatever name we have in the list. Just assuring you that the subject is not being rotated, I would reiterate that the purpose of quality education is to develop our country at the level other nations are proceeding. Having a big name and having a quality education provider in place can be two separate things.

If due to economic, financial and political reasons or for anonymous reasons as well even our good deeds, good people and good institutes are not recognized by those nations, then we cannot conclude that our elite educational bodies have no worth. If an institute is benefiting us at its optimum and is contributing in development far better than others in place (in the circumstances) then we should accept its significance at least for the sake of inspiration for rest of the education system.

I am of the view that if we have a quality institute like LUMS or IBA, others should also follow it in the same sense regardless of how it is recognized in the world. A step forward by all is inevitable to reach a point where we will be accepted by the world.


As far as ICAP CAs and their position worldwide is concerned, please let me explain that what I wrote does not refer to rare cases at all. I must mention that out of 4243 members (as per 2008-2009 members’ directory) 941 members are working abroad (more than 22 percent i.e. a significant proportion). If you will go through the names working abroad you will find RARE or NIL cases which would not be properly settled. Majority of such 941 members would appear to be occupying worthy and lucrative positions including the big 4.

Certainly they all got such positions after competing ICAEW’s CAs and others (as may be applicable at each location) in the competition since we cannot expect references working aboard substantially in all cases and especially in western countries.

If one feels that 941 is tiny figure he should also see that total population is merely 4243 and a sample has to be taken from the total population. So I hope you would understand this is not a case treated as RARE one. If we are small, we have a little voice or we are not an economic power, this has to be discussed separately.

Regards,



KAMRAN.
tariqsohail
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#77
10-24-2009, 08:14 PM
Dear Kamran,

First of all I really appreciate your efforts in bringing out such kind of analysis of ICAP, and its good to see that our people are doing good jobs. But don't you think 941 is so small to be noticed in the accounting world when we are talking about million of accountants working around the world.

According to your numbers total members of ICAP are 4243 out of which 22% working abroad on good positions but just imagine the number of ACA's - U.K/CPA's working in the world and when it comes to hiring then its obvious that they will prefer their own country's institute first and then globally renowned institutes, which will again prove my point of selection threshold mentioned in my previous post.

There is no doubt in the technical skill of our accountants (CMA's & ACA's)..but fact is fact. If you keep on insisting and will provide rare examples then you also have to accept that CMA's are also supervising ACA's not only in Pakistan but also around the world..atleast I know personally couple of ACA's from Pakistan & India working under a CMA (may be in your point of view you can call this as a rare case).

Exceptions are always there..Pakistani ACA's are best ACA's in the market but this can be proved only when they got a chance to prove, which means they have to wait for their turn to prove themseleves rather than direct entry on the basis of their qualification which happened in case of ACA's of U.K and CPA's of USA.

In short I don't have any concern on quality of education provided by ICMAP & ICAP as both institutes are brilliant..I am only pointing acceptance of these qualification globally as compare to other institutes because the comparison was between CIMA (globally recognized & consider one of the best among CMA's) and ICMAP (very well recognized in Pakistan and providing quality education).

Regards,
Sohail
kamranACA
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#78
10-24-2009, 08:40 PM
Sohail

I guess you did not notice the contents of my last paragraph. My brother, we are small economy, we have little resources, we are underdeveloped, we look to other nations for survival, we have least growth; these all are facts. These facts have, we must agree, affected the number of professionals we produce either these are CAs, CMAs, consultant doctors or whatever. However, it is a great acheivement that regardless of its impact on number these could not affect the quality of our professionals.

So having a little number (merely 4243) against the world's output of millions is another issue and having 941 persons settled abroad against total population of 4243 is another issue. I agree that 941 against 1,000,000 could be the rare but 941 against 4243 is not rare at all.

If you have only 4243 CAs, then how can you object that why not millions of ICAP's members are not settled abroad by winning the competition against others who are certainly in millions. I said you have to analyse population for analysing the sample. Had it been one million CA produced by ICAP so far, I find no way except to agree that 941 is a rare case. This is why I gave you a percentage. I mean it would be bit confused if we go like this.

We must have to see that out of 4243 ICAP CAs (which is even lesser than local demand), 941 are settled abroad. So one cannot conclude that ICAP members rarely compete and win such competition when put to task against ICAEW's members. This is what I explained to you.

Now if you have your own definition of "rare", then it would be difficult to convince you. You said that CMAs are supervising CAs. I just don't want to go in this debate to avoid further purposeless discussion otherwise if I will reply it with facts and figures, all of your CMA brothers would say I am biased. You and I both know what is what and who is who. If any one of us does not know, then every one who reads this thread knows. So leave it because there is no cure of misconception, even if it is at my part. I however agree that CMAs are also well versed in their field though there are some facts which cannot be changed.

I am saying it from the outset that my assessment can be wrong if I assume CIMAs are better than ACMAs. Similar can be the case with others. Market is the best judge locally as well internationally.

Regards,


KAMRAN.


Edited for wrong spellings.
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#79
10-25-2009, 03:19 AM
Salam,

U have made an interesting comparison.... [)]

U apparently have quite passion for cricket........ huh?

[D]

Results r everything!!
kamranACA
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#80
10-25-2009, 03:22 AM
ad2478

You have rightly pointed out the area of problems. In response to odyssee's query regarding intelligentsia I attempted saying something which was deliberately given a sugar coat.

Dear, we are harvesting what we have been cultivating for the decades. From the very first day we were wondering as to which super power we should go for taking a shoulder. This was our strategy right after the death of Mr. Jinnah. Nations face the periods of dependency after their freedom or separations. But this should be a specific period only. We can see the examples like China, Japan, Malaysia and so more.

Every GOVT of ours feels pride in getting loans, in begging, and in strengthening dependency. Every leader binds the nation for another decade or so by obtaining loans and looting such money on the cost of nations slavery.

Until the day we will not learn and tune up or bodies and souls to accept living in least resources and luxuries, we will keep on following same practices. We are in fact cutting the the branches of a tree on which we are located. I in one of my post asked some critical questions. I repeat only one question i.e. can we live without utilities and basic necessities of life?

No reply will come. Let me tell you unless we do this, we will not be in a position to have developed all such luxuries and facilities at our own and from our own resources.

Our political thought and our political leadership is a comprehensive chapter as well.

Things are not expected to change in foreseable future. So in such conditions if some one "at least individually" is doing something remarkable, it must be appreciated.

End result of LUMS and IBA is not bad. You can compare their professionals even with those 500 universities at least from the point of view of their post qualification positions. Same is the case with CAs and few others.

Regards,


KAMRAN.


kamranACA
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#81
10-25-2009, 03:24 AM
Shahbaz,

If you see this message, please e-mail me your queries once again. I am sorry but your e-mail has some how been deleted.

I hope you would not mind.

Regards,


KAMRAN.
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#82
10-25-2009, 05:55 AM
Dear Kamran,

I would prefer to end my discussion on this thread which is unnecessarily stretched too long.

Regards,
Sohail
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#83
10-25-2009, 10:38 PM
Salam,

Typical pakistani..... [Wink]
Ali RAZA
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#84
10-25-2009, 10:41 PM
Osama you are destroying the purpose of this thread.
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#85
10-26-2009, 02:07 PM
Dear Tariq

As per directory of ICMAP published in May,2007 there were around 3000 qualified CMA's of which around 500 were working abroad. When this fact came in my knowledge, it was too surprising for me that almost 17% CMA's were working abroad. I was not expecting that such huge number of CMA's working abroad. Some CMA's are working in international audit firms. So CMA's of Pakistan are also able to obtain good jobs in abroad and proving themselves as competitor of foreign qualified accountants. As Mr. Kamran has mentioned that 941 CA's are working abroad or around 22% so the proportion between CMA's and CA's working abroad is nearly the same (or there is not a huge gap). I don't have the current status of number of members of ICMAP and members serving abroad at present..

Regards,

Awais Aftab
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#86
10-26-2009, 02:43 PM
Dear Awais,

It's good that over 500 or 17% CMA (ICMAP) according to 2007 are working abroad and I am sure that some of them must be on pretty good positions but I was talking different thing in my previous post. Atleast a dozen CMA (ICMAP) are in direct contact with me abroad and my previous post is not only my personal thinking..it's based on my disscussions with my fellow CMA's (ICMAP) who are living abroad in this part of the world.

Regards,
Tariq

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#87
10-26-2009, 04:27 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Ali RAZA</i>
<br />Osama you are destroying the purpose of this thread.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Salam,

Well as far as i can see the purpose of this thread has already been achieved....

But if u mind,me interfering then perhaps i shouldn't!!

[Wink]
kamranACA
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#88
10-26-2009, 06:14 PM
Dear Members specially Tariq Sohail and Awais Aftab

There is no doubt that Pakistanis have equal or even better potential than the competitors; the fact also has to remain that our professionals of whatever field do compete the rest of the world and so oftenly secure the desired positions.

The issue raised by Tariq Sohail is well taken and understood. However, in my humble view such problems arise due to our low voice as a nation, as a country, and as an economy on the globe. This finds its roots in our strength as a country instead of strength of relevant educational or professional bodies. One fellow said that why it is so; it should have not been like this. I agree, but without getting emotional, we also know that facts cannot be changed and we have to fight back so much for getting out of this phase. This cannot be done overnight.

So many of our professionals working abroad do get some international designations as well since this is supposed to increase their acceptability. We must not forget that if they do so, even then they do it on the basis of their abilities that were polished locally. Tariq Sohail has certain other designations as per my info. He would be a witness that how did ACMA (PAK) would have helped him in getting through others. We know our quest is too hard than others. Reasons may be acceptable or not; but the process which we face and undergo is toughest when compared to other worthy designations.

However, notwithstanding this paragraph, our professionals do compete, win and survive on the basis of localized designations. If we add up 941 and 500 it makes 1441 which is quite an encouraging number when compared to a given pouplation of around 7000.

The problems which they face are quite similar to the issues which Pakistanis face every where while dealing with other nations either they are from commerce, finance, medicine, engineering or whatever field.

Regards,


KAMRAN.
kamranACA
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#89
10-26-2009, 06:18 PM
Dears,

Have the Moderators installed some improved Anti-Virus Software? It apppears to be more effective.

Appreciation is due for developers/programmers.

Regards,


KAMRAN.
Mujahid
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#90
10-27-2009, 02:56 AM
kamran bhai,

insani virus k liye doctor ki zaroorat parti hai. [D] Say thanks to the doctors. [)]
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