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 CAT,CPA,ACCA, ICAEW, CFAB, wat is it all about?

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Neptern
post Jan 19 2011, 01:45 AM

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I heard rumor rumor that sunway manipulate their passing rate a little(or a lot) by eliminating students who do not pass their internal exams for acca.That's why you always see sunway passing rate so high.

Anyways i think it is better to take CAT and then ACCA first then if later if you really want to then take ICAEW(based on my recommendation of course).Unless you plan on working in London which is pro ICAEW, getting ACCA is more than enough already.If you passed ACCA you get exemptions for ICAEW.Anyone knows how many papers?

BTW ACCA passing rate is lower because its entry requirement is easier(virtually anyone can go do ACCA) but i can be honest with you finishing it is another story so the quality of ACCA students are still there.

This post has been edited by Neptern: Jan 19 2011, 01:47 AM
Neptern
post Jan 21 2011, 06:36 PM

On my way
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Junior Member
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I'm not to sure about ICAEW but ACCA yes you can go into finance with no problems.

Though i still recommend you take ACCA first though(you may say i'm bias cuz i'm studying it right now) and take ICAEW later.Do remember Datuk Tony Fernandes also came from ACCA so i guess it is all good biggrin.gif
Neptern
post Jan 21 2011, 10:58 PM

On my way
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QUOTE
Generally by looking from a 'helicopter' view, both ICAEW & ACCA are equally good. Many people say ICAEW is more prestigious is becoz they're much older. If you're concern about prestige, then take ICA Scotland because they're the oldest chartered accounting body in the world. Just look at local uni, many people say UM is the best mainly becoz they're the oldest but in reality this is not the case, it all depends on the individual courses offered. In the world universities ranking, both UKM & USM rank higher than UM.

If you have made up your mind to do ICAEW, then go for ICAEW. If you have made up your mind to do ACCA, then go for ACCA. If you're still in dilemma like what you're now, I m sure in the next 10 years you're still undecided which one to choose. Why I say this is 'a person knows what is the best for himself/herself'. I chosed ICAA bcoz I know what is the best for me in my circumstances couple of years ago.

Just to let u know, ACCA with 5 years PQE can become member of ICAEW without having to sit for any exams.
ICAEW members regardless of how many years experience have to sit for the final 5 papers if they want to become ACCA member.


PQE?

Yea i generally agree with you.Whether it is ACCA or ICAEW it is all good.I thought ICAEW need company sponsor only can study or just go register at sunway also can?


 

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