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 Why CPA (Aust) exam is so easy & low standard?

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Starbucki
post Sep 28 2010, 04:17 PM

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I know many CPA (Aust) holders and sad to say they are not up to mark.

Look at top partners in accounting firms. Look at corporate chiefs in Malaysia. Let me know if any of them are CPA (Aust).
Starbucki
post Oct 8 2010, 11:22 AM

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Why are there calls to close this thread or calls to post in other blogs/forums just when the debate tilt heavily in favour of one side? There are no restrictions that CPA (Aust) advocates cannot post, so it is free and fair and I don't see why people should be asked to go elsewhere.


Starbucki
post Oct 8 2010, 11:48 AM

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The profession itself is fractured with so many accountancy bodies claiming to represent their members. So a little debate in lowyat forum is not going to make matters worse.
Starbucki
post Oct 8 2010, 12:32 PM

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QUOTE(seantang @ Oct 8 2010, 12:27 PM)
Because there's been 8 pages of hearsay and my friend's friend said anecdotes. The external blog is where the proof of the pudding is.
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This forum is also about personal experiences isn't it. I don't see what is wrong with posting personal experiences, which you now describe as heresays.

This post has been edited by Starbucki: Oct 8 2010, 12:33 PM
Starbucki
post Oct 8 2010, 01:59 PM

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QUOTE(seantang @ Oct 8 2010, 01:52 PM)
Unless those individuals are legion, I don't see how their personal experiences can extend to making motherhood statements about "all accounting firms", "all CPA holders", "all companies", "everyone", "all Australians" and such, or giving specific %s and ratios about who are in which position etc.
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Then you should rise above all these rather than be engaged in the same game.
Starbucki
post Oct 8 2010, 02:24 PM

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QUOTE(seantang @ Oct 8 2010, 02:12 PM)
Which is why I asked only 1 question so far: "Source?"

And I even contributed the personal blog of CPA Australia's outgoing President which accepts readers' comments. If they were sincere about getting to the bottom of this 'issue', then this blog is an unprecedented opportunity to make themselves heard at the highest possible levels and have the results made public to everyone reading this thread.
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Going forward, commenting on this person's blog would be good.

However, from what I read in this thread, the bone of contention is that the CPA(Aust) exam is a 'joke' in that it is a four-choice MCQ and open-booked examination. There is no doubt that there are some very smart students who aced in their undergrads before undertaking this exam. There were also sniggers that even some blindfolder kacang putih seller can pass. We cannot change nor deny the fact that this exam is less rigorous than the others.

My point is that the standards of the CPA (Aust) exam is not up to the expectations of many people in this forum. I feel that the critics only want everyone to agree with this point. I doubt they meant to ridicule the holders of CPA(Aust) per se, but rather would accord them more respect if they went on to do their ICAA rather than flaunting their CA(M) and CPA(Aust) statuses.

Let me just say that I personally know many CPA (Aust) members and they are very nice people.
Starbucki
post Oct 8 2010, 03:45 PM

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QUOTE(seantang @ Oct 8 2010, 03:29 PM)
Nor do I. But let's think laterally. It's well accepted that STPM is just about the hardest pre-U program that you can do. But does that alone make it more valuable than A-Levels, Matriculation (local, South Australian), Year 12, SATs, Canadian Pre-U (CPU)?

In fact, everyone accepts that Pre-Us are simply about getting admission into university. And as such, STPM, being the hardest and most time consuming program, is seen as what you would do only if you have no other choice. And some STPM leavers act exactly as the few chaps in this thread. Angry and indignant that they took the hardest path while others took the easy way out.

What is a professional qualification if not a qualification that gets you qualified as a certain type of professional?


STPM lives up to its name as the toughest pre-U programme only if it succeeds in moulding its graduates into successful people. That is what the critics are similarly trying to establish here i.e. how many successful CPA (Aust) grads there are. This example you gave is not divergent from what people are trying to establish about the CPA(Aust) programme in this thread.

With regards to getting qualified as a professional, it does make a difference on the route it takes to get there. Simple example: would you go to a medical doctor who graduated from UM or one from UKM? Would you go to a specialist who only had his exposure locally via a masters programme or one that got it through fellowship of royal college of surgeons? Of course you can say that one can take the easiest way to achieve his ends, but you cannot deny the fact that the public has every right to exercise their discretion in evaluating such matters.


QUOTE(seantang @ Oct 8 2010, 03:29 PM)
But that's the thing. It is not their expectations that matter. It is the expectations of the national regulatory bodies and other professional accounting outfits that matter. As long as the official/formal recognition of CPA Australia from its peers stands, there is nothing to argue about, imo.
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There is nothing to argue if it does not matter to you. As I have illustrated in the STPM and medical doctor example above, you cannot stop people from questioning or exercising their judgement. That's my opinion.
Starbucki
post Oct 8 2010, 05:22 PM

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seantang,

Despite all that is written, you chose to retreat to your well-worn retort of asking for sources. You still cannot grasp the concept that it is people's opinion that we are talking about. And these are the sources we are talking about. Why don't you quote me your sources on why you find your nasi lemak tasty?




Starbucki
post Oct 8 2010, 09:26 PM

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QUOTE(seantang @ Oct 8 2010, 06:24 PM)
If I said find this nasi lemak tasty, I am the source. If I said that all accountants find this nasi lemak tasty... would you not ask me for a source? Or would you regard me as representative of all accountants' opinion?
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Exactly my point. I did not claim anything other than giving my opinion and hence have no reason to quote sources. You finally understood. I'm happy for you.
Starbucki
post Oct 12 2010, 04:51 PM

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QUOTE(JimBeam101 @ Oct 12 2010, 04:39 PM)
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.
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? biggrin.gif
Starbucki
post Oct 12 2010, 05:20 PM

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QUOTE(JimBeam101 @ Oct 12 2010, 05:12 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
Starbucki
post Oct 12 2010, 05:53 PM

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QUOTE(JimBeam101 @ Oct 12 2010, 05:48 PM)
Should i reply to that? I think no. It will only embarass myself like how the chap before me do. I dont even want to quote it in my reply.

Since you are able to represent all accountants in voicing out our concerns? (Assuming you are one as you claimed) Why dont you tell them to CPA Aus?
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Why should I tell anything to CPA Aust when I am not a member? And why should I even bother? Why don't you call for this forum to be taken down and everybody address everything everywhere else?

Please get your perspectives right man.
Starbucki
post Oct 21 2010, 09:01 AM

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Why are you people thinking of qualifications as a zero sum game? It is as if your life is going to end if you took CPA (Aust), for example.

Despite all that is said, if you feel the certification is right for your needs, go take it.

Life is not always about 'either/or'. Nothing stops you from getting your CPA(Aust) AND ICAA (or any other qualifications you can think of). You are only limited by your own thinking and half-past-six comments from armchair commentators.

This post has been edited by Starbucki: Oct 21 2010, 09:03 AM

 

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