CA -|- Chartered Accountants Thread

[Ahmed Zamir]

I heard that Chartered accountants can't apply in CSS? is this true?

You need to have a bachelors degree to apply for CSS exam. CA is not a degree

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[Akaiz99]

Hey any member here who works at PWC Islamabad office?

 

[harambe]

Hey any member here who works at PWC Islamabad office?

Yeah bro I do, what help do you need?

 

[Akaiz99]

Heyy man thanks for the reply. Needed some info back then but already got inducted during the last session

 

[vtec]

Hi can anybody tell me the eligibility criteria for articleship in big4 ?

 

[Ahmed Zamir]

Hi can anybody tell me the eligibility criteria for articleship in big4 ?

Usually they require CAF (CA inter) qualified candidates or candidates with atleast 5 papers of CAF passed along with AFC. Preference is given to recent FTS but if you are from eligible FTS, you will be given an equal opportunity.

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[vtec]

I meant to ask,afc +caf passed in how much time without failing any paper can easily get in big4?

 

[Ahmed Zamir]

I meant to ask,afc +caf passed in how much time without failing any paper can easily get in big4?

AFC + CAF if passed within 2 years (3 attempts of CAF and an attempt of AFC) can get you easily in Big4

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[vtec]

AFC + CAF if passed within 2 years (3 attempts of CAF and an attempt of AFC) can get you easily in Big4

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is there any negative in selection in big4 if afc+caf is done after bachelors ?

 

[Ahmed Zamir]

is there any negative in selection in big4 if afc+caf is done after bachelors ?

Nope. Just your fts needs to be in the eligible range

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[Shalashaska]

I am a final year student at IBA in the Bs(Accounting and Finance) program. I will be eligible for the SDAI exemptions for CA and will have to complete my articleship for three years. Now, when it comes to articleship, there are two options:
1) Audit Firm
2) Training Organisations outside Practice (TOoP) aka ‘Industry’

I want to know the potential downsides to working at a regular company (industry) instead of an audit firm for my articleship. Will it hurt future job/promotion prospects?

I have heard that industry pays better and working hours are normal office hours rather than the extreme timings at audit firms. Note that even firms pay IBA grads double of what they pay regular CAs/ACCAs.

However, everyone I talk to about this issue just tells me one thing: “with an audit firm, you’ll have the experience of multiple companies, but with a company, you’ll have the experience of just one”. At the end, if I pass all my exams and complete the articleship, I get a CA qualification in both cases, so is it any different to employers? Will my IBA degree make any difference? Because right after graduation, IBA people generally get better salaries than those of other universities.

Need some more help with this. Thanks.


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[Ahmed Zamir]

I am a final year student at IBA in the Bs(Accounting and Finance) program. I will be eligible for the SDAI exemptions for CA and will have to complete my articleship for three years. Now, when it comes to articleship, there are two options:
1) Audit Firm
2) Training Organisations outside Practice (TOoP) aka ‘Industry’

I want to know the potential downsides to working at a regular company (industry) instead of an audit firm for my articleship. Will it hurt future job/promotion prospects?

I have heard that industry pays better and working hours are normal office hours rather than the extreme timings at audit firms. Note that even firms pay IBA grads double of what they pay regular CAs/ACCAs.

However, everyone I talk to about this issue just tells me one thing: “with an audit firm, you’ll have the experience of multiple companies, but with a company, you’ll have the experience of just one”. At the end, if I pass all my exams and complete the articleship, I get a CA qualification in both cases, so is it any different to employers? Will my IBA degree make any difference? Because right after graduation, IBA people generally get better salaries than those of other universities.

Need some more help with this. Thanks.


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If you are planning to settle abroad, audit firms specially the big 4 provide you with an excellent opportunity. If you don't have any such plan, then select an industry where you want to advance like Banks, manufacturing etc. as no one can be a master of all industries. Although the CA syllabus is designed in such a way that you can work in any organization still a Bank won't hire anyone who doesn't have banking audit experience. Same goes with manufacturing and other industries.

Another advantage of audit firms is that you get a taste of various industries that can help you in deciding which industry to advance your career in. But again lets suppose you have always dreamt to be a Banking auditor in Pakistan, then banks like HBL will be most suitable for you.


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