Career Consult need Suggestions (CA or ACCA)

[taurusbilal]

Hello All !
I love PG and trust u all that's why sharing my Career with you guys I know u guys can better suggest me even the Professionals here can Guide well which can help me to take a Wise and Bold Decision so,

I done Inter from Engineering then I do CAT about 7 paper & 3 papers of ACCA then I am giving B.COM paper this Dec. & After Dec I cont. My ACCA but now I am thinking about CA acc. to me CA has more worth than ACCA but I don't understand the diff. and Superior One well If i go for CA they should give me any Exemption and I had already pass their PPT test last year and B.Com also a + point

Therefore,

Should I stick with ACCA ?
or
Switch to CA ?

which has more worth ?

I can study both but very confuse between these two I didn't pay ACCA 2010 fees bcoz I am fail to decide now all is upto PG professionals as my Dad had leave all on me and none of my friend or relative is in Accounting field.

---------- Post added at 02:22 AM ---------- Previous post was at 02:17 AM ----------

http://www.accountancy.com.pk/forum/topic.asp?TOPIC_ID=582


u can check it this link urge me to go fort CA rather then ACCA what to do guys ?

 

[jahangir]

i would suggest continue your ACCA,but if u are a good in studies just try to them both acca and ca.but this can get you confused.btw after 3yrs of acca you can compare your self with ca.so my opinion stick with acca.

 

[taurusbilal]

no I am not as much good to continue both......!!

 

[azharkhan]

Man i will not advice u to do ACCA coz i am crippled wid that...!
Anywayz better is CA in terms of worth if you are to stay in Pak...!
Otherwise ACCA is better for many reasons...!

U dont need to be a genius or hard worker...! (But u have to study to pass and then luck counts and prayers)
For better chances to go abroad.
Above all it will not ruin your hard work most of the times means better chances of success.
Coz passing criteria is fixed like 50 marks.
In CA u dont know the mark and sometimes even ur best shot doesnt count.
Like once my friend got 80+ marks in a paper and failed but next time on 60 he waz pass lol...!
Btw ACCA is also getting tough to pass, first there were rumours that passing marks are to be increased to 60.
But now they have compensated taht thing by strict checking imo and making it difficult to pass a paper.
But still its easy than CA to pass...!

Anywayz in short u should go for ACCA in my opinion...!
And most people dont rely on my opinion...!
And 1 thing more about the worth thing u mentioned.
U have to make ur own worth not ur degree.
I mean it counts but still its you who will make the difference.
Btw job and pay will rest on ur luck and the contacts...!
Degree is to enter the premises...!
Just j\k...!

Spoiler: show

Regards Future Consultants Pakistan.
Now Gimme my fees...!

 

[alamode]

Yaar, Acca continue karo.. Chor kion rahay ho jab CAT kar liya hai? Exemption nahi milnay wali CA main.. Module ABCD saray denay paraingay (i think)

Complete your ACCA papers, Then claim exemption from CA (Module A to D) and then start your 3 year articleship and give module E and F and become both ACCA and a CA..

This is the route that im taking.. Im currently giving ACCA last 4 papers, Uskay baad dekhtay hain maybe Icaew or Icap i will join. Problem yeh hai pakistan main Icap has alot more value then ACCA but abroad ACCA and CA are both pretty much equal provided you have proper experience.. So if you do them both, you can have the best of both worlds.. Dont do both of them together.. I mean like dont give ACCA and CA papers together.. That is madness in my opinion.. why are you wasting your time giving both CA and ACCA when you can claim exemption from module A to D after completing ACCA? So there's no point in doing both of them together.

Oh and just to add.. CA in pakistan has more value because it is compulsory for CA's to do 3 year articleship in firms.. It is not compulsory for ACCA's to do 3 years articleship in firm.. ACCA's can do articleship in companies as well but CA's can only do it in firms.. Firms say experience bohat milta hai.. Plus if you are acca qualified you dont get training contracts in the big4 firms unless you join CA.. So thats the reason why in my opinon, CA has more value here in pakistan


@azharkhan
CA main they dont tell you marks dude.. So your friend is bluffing that he got 80% or 60% whatever lol.. They just give you grades like A B C D or F.. A B and C is pass, D is refer and F is lapse.. But i think lapse has been removed now

 

[Syavash]

I would advise you to do ACCA, I am planning to do that too

Reason being ACCA has same worth as CA outside of pakistan, so unless ur planning on staying here for the rest of ur life stick to ACCA. Later on after acca you can also do CA and u will get exemption. You can also try and research abt ICAEW ( Dont know whats the I stands for , but the rest is, chartered accountant of England and Wales) its the highest degree in accounting in the UK.

 

[alamode]

I would advise you to do ACCA, I am planning to do that too

Reason being ACCA has same worth as CA outside of pakistan, so unless ur planning on staying here for the rest of ur life stick to ACCA. Later on after acca you can also do CA and u will get exemption. You can also try and research abt ICAEW ( Dont know whats the I stands for , but the rest is, chartered accountant of England and Wales) its the highest degree in accounting in the UK.

I= Institute

And yeah, You're right.. ACCA opens up scope for you .. Like after ACCA you can do Icaew, Icap, Cima, CFA etc and ACCA is only of 2.5-3 years.. So choices open up for you and you can do CA after acca if you like.. agar CA main direct chalay gaye tou bas phir 5-6 years tak jaan nai chutnay wali jab tak CA complete nai ho jata.. So its better to do Acca first then CA

 

[photra]

Hey acca is the best qualification to do as it will open a number of routes after completion being a finalist myself i would advise u to go for acca as it has recognisiability all over the world whereas ca is only recognised in pakistan or in the middle east and if ur trained from the big four and an acca then u will be paid more than a ca in the middle east or anywhere in the world as i do have freinds in both these qualifications and it is their experience that im sharing with you furthermore icaew is also offering free exemptions to partly qualified acca and cima's not to ca's so you can yourself conclude the worth of both these qualifications.

 

[azharkhan]

@alamode: May be but the point waz that pass hona mushkil hai CA mein ACCA se...!
Anywayz to the thread maker go for ACCA waise worth itni nhn hai ab is ki...!
When i started then it waz like real good but now its in the middle line u should go for more like CA, ICAEW or CFA...!
Gud Luck in your life...!

 

[alamode]

@photra
Exemptions are also free to Icap Members at the time i think (But they have to be members, Meaning fully qualified)

And yeah, you're right.. Icap is good if you want to stay in pakistan.. ACCA is good if you wanna go abroad..

@azharkhan
Yeah you're right lekin donon qualification mishkil hain.. CA thora zada mishkil hai and ACCA's part 2 tak kay papers are alright, not too hard but Professional level papers are very tough.. Aur han ab log itnay agaye hain ACCA main kay worth itni nahi rahi specially in pakistan but doing acca opens up your choices to other qualifications so its a good gamble.. Kuch log jatay hain CA main aur phir fail hotay rehtay hain then they do A-D in 3 years instead of 2.. Issay behtar 3 saal main ACCA karliya hota aur phir Icap join karletay.. Aik internationally recognized qualification would be in your hand then

 

[ahstpk]

Well opt for ACCA but if think u can pass CA then just give it a try...
well pak CA is recognized in many countries...and they are working in Brittan (UK) US and large number in Canada + Middle east.. And in African courtiers too..(Although they just go for assignment i.e. for 2-5 months)
......

Disclaimer...
Its ur Decision not mine ..So beware of consequences tht lie upon u Solely Bz of decision made by u. []

 

[syedshahzad786]

i m doing CIMA n my bro doing ACCA!

CA is better than ACCA and for sure,wats the reason for be auditor when u cant sign audit report! studying audit and u can sign audit report! urgh

so! do CA.well i wont suggest to go for ICAP cauz clearing that is really hurdle usually due to QUOATA system.

this is what me n my brother did.

my brother has cleared 8 papers and i 10..we applied the expemtion for ICAEW and we got that..after full ACCA if u choose ADVANCE AUDIT N TAX,12 papers of ICAEW will exempt 2 more to go! and i think u should know wat ICAEW is! after ICAEW one has to giv local TAX n LAW for pakistan! if one want to stay in pak!


so in a nutshell! CA is better than ACCA,but make ur route to CA via ACCA..

or needs bang! then do CIMA+CA/ICAEW or ACCA+CIA

 

[taurusbilal]

I am so glad having ur reply !

I think I should continue ACCA.......

Man i will not advice u to do ACCA coz i am crippled wid that...!
Anywayz better is CA in terms of worth if you are to stay in Pak...!
Otherwise ACCA is better for many reasons...!

U dont need to be a genius or hard worker...! (But u have to study to pass and then luck counts and prayers)
For better chances to go abroad.
Above all it will not ruin your hard work most of the times means better chances of success.
Coz passing criteria is fixed like 50 marks.
In CA u dont know the mark and sometimes even ur best shot doesnt count.
Like once my friend got 80+ marks in a paper and failed but next time on 60 he waz pass lol...!
Btw ACCA is also getting tough to pass, first there were rumours that passing marks are to be increased to 60.
But now they have compensated taht thing by strict checking imo and making it difficult to pass a paper.
But still its easy than CA to pass...!

Anywayz in short u should go for ACCA in my opinion...!
And most people dont rely on my opinion...!
And 1 thing more about the worth thing u mentioned.
U have to make ur own worth not ur degree.
I mean it counts but still its you who will make the difference.
Btw job and pay will rest on ur luck and the contacts...!
Degree is to enter the premises...!
Just j\k...!

Spoiler: show

Regards Future Consultants Pakistan.
Now Gimme my fees...!

bro I don't think ACCA care their students that's why I thought CA do
if I do ACCA so it then will they support me to move from Pak. ?
whereas In CA lot of job offers and all I watch on newspaper


I give ur fees for sure when ur guide work and I have a future

---------- Post added at 08:16 PM ---------- Previous post was at 08:10 PM ----------

Yaar, Acca continue karo.. Chor kion rahay ho jab CAT kar liya hai? Exemption nahi milnay wali CA main.. Module ABCD saray denay paraingay (i think)

Complete your ACCA papers, Then claim exemption from CA (Module A to D) and then start your 3 year articleship and give module E and F and become both ACCA and a CA..

This is the route that im taking.. Im currently giving ACCA last 4 papers, Uskay baad dekhtay hain maybe Icaew or Icap i will join. Problem yeh hai pakistan main Icap has alot more value then ACCA but abroad ACCA and CA are both pretty much equal provided you have proper experience.. So if you do them both, you can have the best of both worlds.. Dont do both of them together.. I mean like dont give ACCA and CA papers together.. That is madness in my opinion.. why are you wasting your time giving both CA and ACCA when you can claim exemption from module A to D after completing ACCA? So there's no point in doing both of them together.

Oh and just to add.. CA in pakistan has more value because it is compulsory for CA's to do 3 year articleship in firms.. It is not compulsory for ACCA's to do 3 years articleship in firm.. ACCA's can do articleship in companies as well but CA's can only do it in firms.. Firms say experience bohat milta hai.. Plus if you are acca qualified you dont get training contracts in the big4 firms unless you join CA.. So thats the reason why in my opinon, CA has more value here in pakistan


@azharkhan
CA main they dont tell you marks dude.. So your friend is bluffing that he got 80% or 60% whatever lol.. They just give you grades like A B C D or F.. A B and C is pass, D is refer and F is lapse.. But i think lapse has been removed now

The way u show is Awesome I love to follow it but After ACCA can I get any gud JOb in Abroad and then Cont. ICAEW bcoz after CA Module of A,B,C & D I can get a better job here to afford my expense....so do ACCA then CA is gud enough ?

---------- Post added at 08:19 PM ---------- Previous post was at 08:16 PM ----------

i m doing CIMA n my bro doing ACCA!

CA is better than ACCA and for sure,wats the reason for be auditor when u cant sign audit report! studying audit and u can sign audit report! urgh

so! do CA.well i wont suggest to go for ICAP cauz clearing that is really hurdle usually due to QUOATA system.

this is what me n my brother did.

my brother has cleared 8 papers and i 10..we applied the expemtion for ICAEW and we got that..after full ACCA if u choose ADVANCE AUDIT N TAX,12 papers of ICAEW will exempt 2 more to go! and i think u should know wat ICAEW is! after ICAEW one has to giv local TAX n LAW for pakistan! if one want to stay in pak!


so in a nutshell! CA is better than ACCA,but make ur route to CA via ACCA..

or needs bang! then do CIMA+CA/ICAEW or ACCA+CIA

Please mate u are the One very Practical in this field so please give me some more Description as how can I make my route from CA via ACCA..

and how can I do this CIMA+CA/ICAEW or ACCA+CIA ? right now should I cont. ACCA ?

 

[alamode]

The way u show is Awesome I love to follow it but After ACCA can I get any gud JOb in Abroad and then Cont. ICAEW bcoz after CA Module of A,B,C & D I can get a better job here to afford my expense....so do ACCA then CA is gud enough ?

Please mate u are the One very Practical in this field so please give me some more Description as how can I make my route from CA via ACCA..

and how can I do this CIMA+CA/ICAEW or ACCA+CIA ? right now should I cont. ACCA ?

Well.. In current situation it is very tough to get job abroad.. The thing is you need experience.. experience is very important so after doing acca dont expect to get jobs from abroad because they also need experience I would recommend that stay in pak till you complete your Acca and CA then maybe go abroad..

Yaar yahan Pakistan main when you complete ACCA you can get jobs of around 20thousand approximate (starting).. Whereas agar ABCD module karo gay CA main then uskay baad 3 year ki articleship hai usmain you get paid 6500rs per month.. So proper salary tou CA kay baad hi milay gi.

And lastly, the route that i would recomment is do acca, Once you're done with part 2 of acca you can get a bachelors degree from Oxford Brookes university from UK but you have to write a thesis for that.. So write the thesis after part 2 and get BSC degree, Then complete your ACCA part 3.. After that you will have various options, Cima, Icap, Icaew, Cfa or you can even do Masters if you like because you will already have BSc degree and that degree is recognized by HEC.

 

[taurusbilal]

OK ! I like ur Suggestion well It's confirm I stick with ACCA but bro help me Out more..........plz

I do CAT first 5 paperz from Cams of Bath Island then I study from Individual teachers to their home for T7 & T6 and ACCA F1 so now
what u think which place is Best to study I am satisfied from Private teachers but can't feel any Competition and no dynamic Environment
so what is better to Study ACCA in Khi ?

 

[alamode]

Well every subject has a special teacher.. lol..

So it depends which paper you're studying.. here's the teachers i recommend:
F1, F2, F3 = Doesnt matter .. They are important but also not that difficult so it doesnt matter if the teacher is good or not so take these 3 from Cams Bath Island..

F4= Khalid Fareed (Dont know where he teaches now, used to teach in Al Hamd and i think he still teaches in tabanis)
F5= Hussain Qazi (Bath Island/ Pechs cams)
F6 and F7 = Abeel (abeel school of accountancy)
F8= Kashif Kamran (BathIsland. He's not great but he's alright)
F9= Zulfiqar Mian (Bath Island)

So in my opinion, bath island is the best.. But Sir Abeel was awesome and he made his own institute now so dont take F6 F7 from Bath island but go to Abeel's school of accountancy.. Plus i really loved the F4 classes in bath island.. Auditorium main hoti theen, With around 60-70 students.. It was fun.. Even though i studied from Khurram rasheed i would recommend KFA for F4

 

[syedshahzad786]

well wat i recomend u to dont do ACCA..becauz there are to many ACCA is here ..thats mean too much competition in market! around har galee men 2 banday hotay hain jo ACCA kar rahay hotay hain!!

u can start CIMA directly ! there is no requirment of age or CAT for CIMA..

as awell as ICAEW concern.at the moment they are giving exemption free to CIMA n ACCA students and i think this policy is ended.so u vl able to get exemption for around 3lacs or may be they will again giv offer for free exemption...

one moreting..for FIRMS experience specially big4 u will need good PAOWA/SOURCE to get trainee.

wat my plan is to do CIMA thats mean MANAGEMENT n DECISION MAKING SKILL with ICAEW thats mean AUDIT..combinatin will rock..

ACCA is allready an audit focus and going for CA after is good but both are same focus that is audit.

i recomend u to do CIMA as in PAK there are very few members and less competion after that if u feel u should be CA then apply for ICAEW if u want to be auditor+directer or do CISA or CIA thats mean internal auditing..which is very demanding along with CIMA or ACCA...

 

[alamode]

yeah syedshahzad is also right..

But the thing is.. har gali main 2 log kar rahay hotay hain lekin hota bohat kam logon say hai..

But yeah Cima aur icaew combination is very good.. ACCA and CA is basically the same syllabus

 

[Moiez89]

ok ! I like ur suggestion well it's confirm i stick with acca but bro help me out more..........plz

i do cat first 5 paperz from cams of bath island then i study from individual teachers to their home for t7 & t6 and acca f1 so now
what u think which place is best to study i am satisfied from private teachers but can't feel any competition and no dynamic environment :d
so what is better to study acca in khi ?

mirchawalla hub of accountancy (mha) in bahadurabad (1)

 

[taurusbilal]

Just an Hour Ago I consult with my B.Com Sir who doing MBA Personally and recommend me or u can say Force me to Do CA only CA bcoz there is no use of ACCA when I come to CA after ACCA they didn't pass me easily in Module E & F whereas they give Priority to CA students as they are well skilled and lot more we discuss but you confusing me more recommending me CIMA well I don't have any Information of CIMA as I didn't know about it before starting this thread so let me learn it carefully then we take a wise decision