Seantang,
Firstly I feel sorry for you because despite my lenghty explanation, you still refuse to accept the truth & torturing yourself in this thread. Other CPA supporters have quite down because now they realise that CPA is valueless.

Seantang, this discussion topic is not about you or me or other forumers in this thread to gain glory. This discussion is more for those fresh aust accounting grad who're entering the prof world who has to decide between CPA or ICAA....it's a 'do or die' mission for them. If they step into the wrong 'borderline' (CPA), they will be forever stay stagnant in their career & cannot move up the career ladder or not accepted by large organisations. Then it will be too late for them to realise that only ICAA can guarantee a successful career.

You can hate & hold the grudge against me or other fellow forumers like Def, Starbucki, Violin etc etc but please think about those fresh grad who're undecided between CPA or ICAA. Please don't let them fall into the aggresive advertisement 'trap' by CPA, it will damage their future career by taking the easy option now.

You still can continue with all your so called 'high profile' praising comments about CPA....nobody stops you but it will lead a naive & innocent fresh grad into a damaging career if they believe every words you said.

SengTang > Very Sorry, I find CPA is quite useless. I used to work for CPA (Aust) Accounting Committee Member and I find their focus is very commercialize.

+ 1 for ICAA and ICAEW.

-1 for CPA Aust

I'm seriously doubting your ability to comprehend English... or are you just intent on replacing everything I said with your own version of what I said?

Anyway, whoever is interested can do their own research by referring to my last post. Nuff said.

And lastly, you do not have a monopoly on the truth.

---

Added on October 10, 2010, 12:22 amWell then, it's fortunate for them that you are not in a position to make any hiring decisions, isn't it?

This post has been edited by seantang: Oct 10 2010, 12:33 AM

Seantang, my wild guess, you could be failing in your career & not able to compete with those who hold a chartered accounting qualification. This is not your fault, the finger should be pointing to the CPA (Aus) qualification that you're holding. Your anger and frustration led you to the debate in this thread & you try to console yourself by glorifying the CPA.

The CPA (Aus) fails all their graduates, not only you. You made the mistake by choosing the easy option, CPA...it's ok, everybody does make mistake. Do you want those fresh uni grads to make the same mistake as you by taking CPA so that they are in the same boat as you?

Seantang, as a friend or rival or bitter rival, anything you name it, it's still never too late for you to take up a chartered accounting qualification or MICPA if you want to compete succesfully with those ACCA/ICAEW/ICAA/MICPA holders. Again it's not your fault that CPA (Aus) is of such a low quality & standard & fails all its members.

Other aust uni fresh grad in this thread, please take my point seriously....choosing between CPA or ICAA is the determination of where you're heading....either a fail or success in your future career. Choose wisely.

On the contrary, I think it's you who's failing in his career, hence the personal enmity and bitterness towards something as objective as a professional qualification.

Why are you so afraid that newbies do some research and ask their own questions anyway?

But no matter. Your behavior is typical of trolls. When you lose in a point by point debate, you also lose your hearing (or ability to read, in this case) and go off on a delusional tangent to rebut imaginary arguments.

Hahaha... Psychoanalytical empathy babble. This one really made my day. You shouldn't be an accountant. You should be a clown.

This post has been edited by seantang: Oct 10 2010, 12:16 PM

Sorry? Stay stagnant and cannot move up the career ladder?

Ridiculous.

You do realise, once you're in the job, what matters is your performance and not what qualification you hold? I will admit that CPA is easier and whatever conception employers hold towards it is fair, but from what I've seen it doesn't ****ing matter once you've reached a point where you have work experience as the major fill in your resume instead of academics.

Another point to note is that there's no point in doing ICAA if you don't plan to stay in the accounting line, kinda overkill and most people don't want to and won't. I'd rather be using the time to pursue other interests or qualifications which matter more. It's only fine if you have unlimited time.

On the other hand I urge people to not go blindly into ICAA. Some people I know were never suited for the accounting line (outgoing, can't sit still, need to interact kind of person) yet moved into it just because they were captivated by the job security. And all regretted taking ICAA, something they have invested so much time and money in and can't back out without major repercussions to their career.

Yup, there are millions of very successful finance people who shun professional qualifications and do very well without them. My former boss started in a bank with a B.Bus Admin and eventually became CFO of a US$800 million commercial biz unit. He's now moved on to be finance director of one of our mfg sites with US$3 billion of assets on the ground. His former boss also had no professional qualification and is now the deputy CEO & CFO of a S$500 million company listed on the SGX.

This post has been edited by seantang: Oct 10 2010, 04:53 PM

The final question is : Which professional cert should i do as a graduating student from University Of Queensland Australia, major Accounting and Finance?

Ask your potential future employers during the interviews.

This post has been edited by seantang: Oct 11 2010, 09:20 AM

Dear all CPA stalwarts, below is a comment that I accidentally found in the google. Spend some time to read it.


CA is more recognised in Britain

Yes, but Australian CA is a different accounting body to the English/Welsh/Scottish CA.

Australian CPA is COMPLETELY NOT related to the US CPA.

It's easier to go to CPA once you have CA than vice versa

In Australia, I've yet to find anyone who did Aust CA then went on to do Aust CPA. No one in their right mind would do this. On the other hand, I've seen many who did the Aust CPA then went on to do Aust CA, because Aust CA is better regarded in larger companies.

CA is highly regarded here and UK.

Australian CA is highly regarded anywhere in the world, thanks to big 4. All big 4 firms in Australia is CA oriented and it makes Aust CA passport to anywhere in the world, really.

Australian CPA is NOT equivalent to the US CPA. They just happen to share same acronyms. In the US, the big 4 firms employ US CPA (or AICPA).

I've yet to see a CPA working for large companies. Large companies have different technical issues and would result in different jobs.

I've seen many jobs that are open to CAs exclusively. You may say that's like 'shoving your own head up your bum hole', but that's how it is. Whenever I hire people, the recruitment agency would ask whether I just want to get CA only. There is a strong perception out there in the market for a CA.

Then again, big 4 are known for paying peanuts... However, when they do leave big 4, that's when the premium will start to kick in. I've seen many instances where people suffer shocking pays at big 4, then move out of big 4 to make a rather substantial payrise.

However, to get the job in the first place, I think it's better to get the designation that is well respected in the industry, that's CA and not CPA.

This post has been edited by Def: Oct 12 2010, 03:15 PM

Wow... The debate still ongoing... hahaha... Yes, agree with CPA standard of exam is very lousy, but that is what the professional body should have tackle. If they are very d lousy, why not we all complain to MIA and ask MIA to drop them from being able to qualify as accountant in Malaysia? That would be a better solution am I right?

That will lead to another thread "Why ACCA is below par compared to CA?" and some members proposing (The CAs of course) to remove ACCA as part of the consideration to be a member of MIA.

In the end no one is qualified to be an accountant.

Have been checking out this thread on and off.
To these CPA (Aus) stalwarts, are you a CPA (Aus)? Because from what I see they do pack a punch as well. HAHa!

I think it really doesn't matter which paper you owns. In the end you are still called an ACCOUNTANT, like all the others. Regardless of MICPA, CPA (Aus), ACCA, ICAEW, ICAA.

The objective of getting these papers obviously is to sell our services to those that do not have these papers or those who do not know debit&credit. It's not something to be compared.

You might say that a doctor with a medicine degree from Malaysia is inferior to the ones from UK. But in the end, they are still DOCTORS. Either one of them understands your p***s more than you.

What's the argument about ACCA then? ACCA really below par?

I was just trying to say, CPA body have to tackle this issue quickly and no point in shooting each other professional body.

Soon everyone will have 'these papers' because they are so easy to get. Do you get what this whole debate is about or not, Mr. Accountant?

I don't know about you guys... but this comment alone is sufficient to stop anyone with a discerning mind from reading further. This assumption is obviously false (or the writer has seen very few people) and the writer seems to be content to pass it off as the basis for saying that CPA is not well regarded by large companies.

Secondly, way to go, Def. Cut & paste something from the net, anonymous writer, no link or reference - and this qualifies as a convincing argument to you? Is this the quality of debate you're bringing to the table?

This post has been edited by seantang: Oct 12 2010, 05:13 PM

Nope, i dont get what you mean. Coz you dont get what i meant in the first place. My bottom line is, they are all the same.

Soon everyone? What i know if everyone is so engrossed in replying/shooting each other. No one will be assuming their accountant responsibilities. Right? Mr. "Accountant" ?

BTW, if any of you CPA-haters really do care about the standard of the CPA exam. Please vent your frustration here:

CPA Australia: 03-2267 3388


Or else? Leave your balls on the counter please. Thank You.

Your reply is so off tangent that you are embarassing all accountants in one fell swoop (assuming you are one as you claimed).

This post has been edited by Starbucki: Oct 12 2010, 05:23 PM

What issues specifically that CPA body needs to address?

I am implicitly telling you that engaging MIA to bin all prospective MIA members of CPA qualification wont work.