Selecao,
What can you expect???...CPA only test you on all the easy MCQs. Even me myself is a CPA & sorry to say that this whole CPA Program is a real kid stuff & it's even easier than PMR exam.

The entire CPA Program is a joke & has already become a laughing stock in the employment market. True enough, form 1 students should be able to pass it easily.

Faceless,
I know very well from A-Z about this whole CPA Program. I m very open & direct & always speak the truth eventhough the truth can sometimes offend the other parties. I can understand that most accountants like to champion their own prof bodies regardless whether it's CPA, ICAA, CIMA, ICAEW, ACCA, MICPA etc. For CPA, there's nothing to shout about, just look at the exam...the whole CPA Program is a joke. Unlike ICAA whereby it tests the candidates on 4 main skills/criterias required of an accountant: technically sound, analysis, judgemental & application. So what CPA tests?....the answer is NOTHING, the main aim is to pass as many candidates as possible in order to become the largest & biggest in order to generate more revenue.

On the forumers, I m pretty sure deep inside their heart they would agree with me but they would not admit it openly.....they just want to champion their own prof body, CPA regardless how easy the exam is. If they are honest & direct, they will fully support my statement.

The whole matter here is down to 1 main issue which is career progression & advancement.....ask yourself why the Big 4 & other MNCs in Aust do not recognise CPA? There must be a reason why.

Seantang,
You're making yourself a fool by saying CPA (Aust) is preferable to CA...it shows that you don't have any knowledge in regards to recognition. The US CPA is equivalent in standard with other CAs (ICAEW, ICAI, ICAS, ICAA, CICA) and also HK CPA.

The CPA (Aust) stands for Certified Practising Accountants & NOT Certified Public Accountants. The word Practising doesn't mean anything but the word Public is a highly respected designation.

So how can u justify that the CPA (Aust) can convert to US CPA easily? even there's a MRA...what a joke!

Seantang,
What I had commented on ACCA/ICAEW in our previous discussion topic, "ACCA vs CPA" are the true facts but it doesn't mean that I belong to or love ACCA/ICAEW. In that topic, I also mentioned that I am a member of both CPA Aust & ICAA if you still can remember.

On our current discussion, I find that your statements are inconsistent and contradicting.

You mentioned in your earlier post "CPA is preferable to CA as it's much easier to convert to US CPA"
BUT in your latest post you mentioned "Certified Practicing Accountants of Aust, Institute of Chartered Accountants in Aust plus others are the only eligible bodies for the IQEX"..... meaning to say that both CPA(Aust) & ICAA are equally prefered based on what you said, am I right?

So you're twisting & contradicting your statements & by doing so, you're not only making a fool of yourself but you've also disgraced yourself by showing you're not sure with what you're talking.

The actual fact is that, CA is the only one preferred by the MNCs & not the CPA (eventhough there's a MRA/MOU between CPA & US CPA). As aware the CA & US CPA are equivalent in standard and quality & the exams of these 2 bodies are equally tough.

So, on the Big 4 in Aust, I even suggested to you in our previous discussion topic, to call up or email an inquiry to any of the Big 4 which one is recognised, CA or CPA. Have you done so? Most probably you know very well that only the CA is recognised & not CPA but you don't want to admit it.

Correct me if I m wrong, I guess you're also a CPA (Aust), am I right? Maybe you're hurt & angry because the true facts about the CPA is being revealed. I m a CPA too (and also a CA). In Aust, ICAA is the only premier prof accounting body that produce accountants who are technically sound, highly competent & skillful.

Come on, Seantang, we must accept the reality & cannot simply deny the true facts. If this issue is allowed to continue, it will further damage the CPA qualification. To remedy the situation, all CPAs must stand up & voice our concern & demand that the CPA Program must be set at a high standard as comparable to ICAA.

So, are you willing to do so?

This post has been edited by Murusundram: May 7 2010, 11:05 PM

Mr Non-accountant or Mr 'What If' Accountant,
Thanks for your prompt reply. Congratulation on your new stupidity status - Stupid Cow.
Let me justify my reasons:
Until now, you still think that "Practising" is of a more superior or higher status than Chartered or Public despite I had done you a big favour by telling you the right or true facts (or "true facts" as what you mentioned) about the CPA (Aust) so that you would be more knowledgeable concerning the whole accounting profession. Also I had explained many times, in terms of recognition, CPA (Aus) is only recognised in Aust, NZ, M'sia, S'pore, China & HK. Unfortunately you deny the reality & you've no guts to check out with the Big 4/MNCs in regards to its recognition. An independent 3rd parties evidence are always reliable & accurate. Btw, as stupid cow, do you know what is "Independent 3rd parties evidence"?. It seems like you still think that a Proton car (Practicing) is more expensive & prestigious than a Mercedes or BMW (Chartered or Public). Isn't that make you a stupid cow?

Let me conclude (though not final) 2 scenarios abt you.

Scenario 1 as Mr Non-Accountant
As what you said, you're just a busybody non accountant who's not in the accounting profession at all. Can you answer me as non-acccountant, what you know abt the whole profession & the exams? The answer is you know NUTS becoz you're not in this profession. Basically all busybodies just create their own theories or facts irrespective whether true or false and make a big fuss of it. This applies to you.

You just 'happen' to be involved in hiring, approve leave/expenses....that relates to prof bodies, then as busybody, you made a big deal as though you know everything abt the profession. Only fools will do such thing.

I have been in this profession long enough as member of both CPA (Aust) & ICAA and I have worked in M'sia, S'pore, Aust & a short working contract of 1 year in HK (I did mention in the previuos topic). I have seen & experienced more things as qualified accountant.

I advise you to go & sit for the prof exam & get yourself into this profession, learn & expose yourself as much as possible in this profession, then only you come and talk to me. The more you give your comments as non-accountant, the more you make yourself as a fool. As proven in the previous few posts, you don't know what you're talking & all your statements are not consistent.

Scenario 2 as 'What If' Accountant
Since you mentioned 'What If', I guess maybe you're in this profession plus you're a CPA (Aust) qualified accountant. The question is IF you were really a CPA (Aust) member, why you're denying yourself as member? why you never admit it openly? This is becoz the whole CPA (Aust) qualification is no different from the PMR exam or even easier & makes it a laughing stock in the market. Therefore you're too embarassed or ashamed to admit it. There's nothing to be ashamed of, eventhough it's a rubbish qualification & many people poke fun & laugh at it, so what? Let it be.

From the beginning of previous topic until now, I openly admit that I 'm CPA (Aust) qualified & if people poke fun at it, let it be. Let me share my experience in HK with you. Some accountants in HK are quite snobbish & if they ask me which body I belong to, I would first say CPA(Aust). Then they will start to laugh & poke fun of it & say in Cantonese "Lap Sarp" meaning rubbish. When I continue to say I m also an ICAA member, they became amazed & say "its brilliant" or in Cantonese they said "Hou Yeh" or "Keng Yeh" meaning great.

So Mr Non-Accountant/'What If' Accountant, you're either falls into scenario 1 or 2 or maybe 3. I welcome your reply again (if you don't mind to upgrade your stupidity level).

Again & again & again.....over & over again, as proven in the previous few post, you don't know your facts. You're just simply creating your own theory & blah blah blah in this discussion topic & you don't even know how to apply the word reciprocal. It even makes you more than a stupid cow...ooops, sorry, as promised I must be polite.

Let me do you another favour by explaining in detail to you.
ACCA never never has any reciprocal agreement in the past & present. They always stand alone. So far they only has MRA with MICPA, HK CPA, ICPAS & GCA. That's all. So basically you're talking rubbish again....aiyaa, I m too rude...must be polite.
On ICAEW, they have reciprocal agreement with ICAS, ICAI, ICAA, CICA, HK CPA, SAICA, NZICA & ICA of Zimbabwe. So where the heck you got the info that ICAEW has reciprocal agreement with CPA (Aus)?...you created yourself, is it?...such a dumb fool. However ICAEW do offer "Pathway" membership to members of ACCA, CIMA, CIPFA, AICPA, MICPA & CPA (Aus) members.Under this "pathway", it looks easy to apply but in practical it's never easy. This is bcoz you need to get an ICAEW member as sponsor who has known you for at least 3 years & must be working closely with you for the last 3 of the past 5 years & must know very very very well the level of your competency.
So the question is where's the heck to get an ICAEW member who has known you for 3 years + plus working closely with you for 3 years of the past 5 years + must know your competency level extremely well. How? where to get?.So it's still back to square again, want to become ICAEW member?....then you have to sit for the ICAEW exam! nothing is easy as what you think.
On the other hand, you had done a good job by creating your own facts/theory...your new theory is "A Cow (Practicing) can run faster than a Horse or Cheetah (Chartered or Public)". I don't know how many times you want to make a fool of yourself.

So now, you agree & realise that the CPA Aus qualification is worthless & rubbish and now you propose for it to be de-recognised.
Do you know that if it's being de-recognised, many CPA Aus students/accountants will suffer?

Antaeusguy has made a very solid point & you should take note of it as well:
"CPA is as common as a Bach Degree nowadays due to commercialization....most Aust grad in Finance & Accounting field has one"

You should also take note of the comment posted by Grimm & the past experience of Selecao is not an isolated case, many CPA Aus students/members have similar experience. These are indications that CPA Aus qualification is nothing more than just a piece of blank paper.

I think you misinterpreted what I have said. Mind you, I m a CPA too. Please read my comment posted on 7 May 10 on the last paragraph. Then only you come back & talk to me.

Selecao,
Can you please do me a favour? Can you check for me whether Seantang has stopped crying or not? The other day after reading my last post, he burst into tears & cried hysterically as though like the whole world has already ended for CPA.