[MENTION=20461]Pakiyoungster[/MENTION]! Finish your ACCA. Get a job, and focus only on gaining work experience. Once/If you become Qualified, you can get the M.Com degree.
CA -|- Chartered Accountants Thread
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Wasn't you saying once that article life has compensated the sacrifice of university life???
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It has, for us, but the comparison was never meant to be equal. It was more like a comparative zoning of our lives rather than a literal comparison.
In simple words from entering CA to Articles and than till qualifying there is no relief its a sort of journey in sahara desert on a camel, according to your experience how is post qualifying life is it same or somewhat different and most important thing are we going to have any personal life afterwards or not
???
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You are right about the pre-qualification life. It is indeed a sad journey however the big 3 in Pakistan may brighten up your experience with some good clients and business travels. I, for one, did enjoy those during my articles. As for the post qualification life, well it depends upon the certification holder that if he wants to be rammed and mutilated for the rest of his life or go out and finally have some fresh air - staying in the firm is what coincides with the suicide life however industry, some what, gets better. In a nutshell, this profession is as boring as any can get, with late sittings to stupid reconciliations it is all but interesting however it is solely on the performer to enter such a life or he can actually turn himself into a financial analyst, finance specialist or any other person except being a regular accountant. Trust me when I say this, there is no one to stop you from enjoying your life after qualification except your own self.
So making one's life hell for qualification is useless because if someone wants to enjoy his life after qualifying either he should move out or should switch field (CFA).
Probably worst decision of my life, never thought about living such a boring and intense life...
Probably worst decision of my life, never thought about living such a boring and intense life...
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Well, it does have its perks - you can be amongst the 7500 ICAP members (appx, till date). Nothing can beat the charisma of being a CA in Pakistan, especially in the fields of business and accountancy. I do miss the university life but then 80% of those uni students don't live the way we live after qualification. Choose to be yourself and you'll do alright. I'm just like you - only a few years ahead of you - but I have my hobbies; I'm a professional photographer, I do freelance writing (a lot actually), I am a hard core gamer (just like you lot), I go out with best buddies - it's just that we have batch mates in articles like university students have class mates; on the work side, I am the JI of the audit of biggest listed company of Pakistan when I could never have been in such major position this early if I had gone for engineering or MBBS (yes, I had both options after A levels) and lastly, I have the experience of working with the best audit firm in Pakistan which grants me an edge in scoring a lead position in the future.
A word of advice, always find happiness in what you do or you'll be the last one to finish. I do criticise the way of life ICAP has laid out for us but then we can always change the trend - take control of your own life.
A word of advice, always find happiness in what you do or you'll be the last one to finish. I do criticise the way of life ICAP has laid out for us but then we can always change the trend - take control of your own life.
Kashan you should try for internship in the big 3 - all of them have their own well developed advisory departments where you can learn and groom to be a consultant. You can always switch to consultancy partnerships but experience and know-how is a must-have before you do that.
Okay I go for CA then.I have completed F.sc and have no knowledge about the subjects of CA.Do you think it will be harder for me? also Which is the best insitute for CA?
[MENTION=20276]Rflame[/MENTION] [MENTION=16412]saadleo[/MENTION] I will be attempting two out of the remaining four Professional ACCA exams this December. I was wondering if I should pursue the articles once I'm done with these two and begin studying for the remaining two or look for internship/job in some of the smaller firms/companies around. What course of action do you suggest? Is it even possible to pursue articles here in Pakistan with only 12 ACCA exams to show for it? Any other advice you may have regarding how I should go about this?
Hello Hassan, regarding your query I would suggest you to get some experience from any of the big threes in Pakistan. ACCAs are not allowed to have their articles in PwC but they can always spend some time as an internee. KPMG and EY might be offering some opportunities - I don't know because I haven't been in touch with such matters for a while now.
Hello. Thanks for your response, Saad.
An acquaintance who seems to have completed ACCA and presently working in KPMG suggested that I register with ICAP merely to earn the training contract in one of the big 4. Does that actually work that way?
Secondly, another also suggested that there is little point chasing the big firms and looking to gain entry in smaller firms instead since chances of faster growth and learning there are much better given the smaller structure. He suggests that bigger firms tend to delay a person's growth within the firm and it needlessly stretches to 5 years. To what extent do you agree with that notion?
Are companies also to be considered in that sense? If so, which ones exactly for an internship or job that counts towards the ACCA experience?
Thirdly, would you recommend learning any accounting software before applying anywhere or is that the kind of stuff that the firm/company should provide in-house?
Start looking for internships/jobs after December. You might need some references. PWC does not enroll ACCAs into their audit department, and the CAs must have passed mod D. Here in KPMG there was an induction of a few ACCAs a few months ago. And from what I have heard, EY also recruits ACCAs. Try and finish your ACCA as soon as possible.
As for the accountancy software, you don't have to be proficient in it to get into firms, and I don't think companies expect fresh recruits to have ERP experience. Someone else might be able to give better guidance.
As for the choice between big 3 and other firms, go for Big 3, if possible. These firms have better market presence, they will look much better on your CV than smaller firms. These firms also have other benefits like much bigger clients and secondment experience, to name a few. You will also get the same learning opportunities, if not better, in Big 3 as in smaller firm, though it will take time for you to get to the job in-charge level. Many employers prefer Big 4 experience over experience from other firms.
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I can't say for sure about the level of difficulty you will have. I started ACCA after pre-eng A Levels; it wasn't much harder for me, however, it took me some time to get a good grasp of things. A good institute for CA in Lahore is PAC.
Do some research yourself before getting into this field as CA is not for everyone. Some people get stuck on some papers, especially in mod E and F, and start regretting coming into the field.
AOA,
Hope you people are fine. I'm a CMA finalist from LHR. I need your suggestion. I've one paper (SMA from stage 6) remaining. Now, i want to step into practical life. Today, i went to an ICAP audit firm to look for some practical experience opportunity. They agree to train me but they are saying i must enter into a contract of min 2 Years (+ 3 months trial at the beginning) of practical training. They'll give 8k-10k (or may be a few more) stipend monthly.
Now, please advice me is it the best route for entering the market, otherwise suggest some other.
Hope you people are fine. I'm a CMA finalist from LHR. I need your suggestion. I've one paper (SMA from stage 6) remaining. Now, i want to step into practical life. Today, i went to an ICAP audit firm to look for some practical experience opportunity. They agree to train me but they are saying i must enter into a contract of min 2 Years (+ 3 months trial at the beginning) of practical training. They'll give 8k-10k (or may be a few more) stipend monthly.
Now, please advice me is it the best route for entering the market, otherwise suggest some other.
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XPremiuM:
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XPremiuM:
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faraany3k:
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