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

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violin_player84
post Oct 9 2010, 01:54 AM

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QUOTE(seantang @ May 6 2010, 07:18 PM)
Let me put it this way. Australian CPA is the only CPA qualification eligible for the American IQEX exam. Not HKICPA, ICPAS or MICPA etc. And the Americans put it on par with a selected clutch of CAs. Even your beloved ACCA or ICAEW is not eligible.

"Currently, only members of the following professional bodies are eligible for the IQEX:

Certified Practicing Accountants of Australia
Institute of Chartered Accountants in Australia
Canadian Institute of Chartered Accountants
Instituto Mexican de Contadores Publicos
Chartered Accountants in Ireland
New Zealand Institute of Chartered Accountants

Candidates who are not members of one of these organizations and want to be licensed as a CPA in the U.S., must pass the Uniform CPA Examination."

NABSA
Perhaps it's you who doesn't have much knowledge with regards to American MNCs. I however, am in the fortunate position to be involved in hiring accountants into one.

All in all, in terms of professional recognition on the other side of the Atlantic, you are talking rubbish.
*
What about ICAA- they are member of GAA *better than CPA rite

Well, in big4, news has been going around that ppl say cpa aust is just like photocopy professional cert. so far none of my friend failed it. i am looking to know someone fail. it seems like no one fail and no standard at all.

FOR those who have never been to aust and did an australian offshore degree, please note that all big4 in aust requires u to do CA instead of CPA. meaning to say, CPA is time to close down even the local big4 urges their employee to take CA.

for those who love their cpa so much, i strongly advise you to have a look at other professional courses. From an academic point of view ICAA is way better than CPA. Besides, it is much more practical because the assessment isn't just based on a freaking final exam.

those who passed CPA and calling himself as an accountant, please hide your qualification if u met a CA (Aust). thx.

stop fighting here. please grow up.
violin_player84
post Oct 10 2010, 12:05 AM

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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
violin_player84
post Oct 12 2010, 06:40 PM

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end of the day, CPA recognition is lower than CA. Based on the fact that all big4 in Aust deem their employee to take CA.

Good enough, CPA - go and do your mcq please

This post has been edited by violin_player84: Oct 12 2010, 06:41 PM

 

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