QUOTE(ComingBackSoon @ Jun 7 2021, 11:24 AM)
Accountants cannot praactice engineering. Engineers cannot practice accounting.
And nothing stops an accountant from doing project management, consulting, banking, real estate, i.e., almlost any jobs that engineering degree holders can do except for engineering itself.
why can't practice?
engineer can go do ACCA or some accounting papers.
And like you say, accountant cannot do engineering job. Only can do at most running project management.. Your only option to do engineering is to go back to university and do a 4 year engineering degree.
bottom line is, engineering is way more strict and held in higher regard. And rightly so.. you wouldn't want somebody without a engineering degree designing and approving a bridge where thousands travel on it everyday right? Just like you don't want anybody without a specialist surgeon degree operating on you. When lives are at stake, you always fall back to which school & which degree you completed your studies in.
If a bridge fails, they will investigate and find the engineer who signed off on the designs. That engineer will go to jail.
Meanwhile, did any of the accountants who failed to catch the 1MDB fraud end up in jail? NOPE. Those accountants auditing the 1MDB books from Deloitte, KPMG, and many more ended up being transferred out of the country, to other country. I know this personally first hand because I know relatives and friends who were involved in the auditing. Their bosses never ended up in jail, instead they all got a nice pay raise and transferred to overseas branches of their respective companies.
That in itself is a bloody joke and just shows how seriously we treat financial audits. Not seriously at all..
If this was the standard in engineering practice, there will be catastrophic engineering disasters happening every minute of everyday.. Luckily, engineers are held to high standards.
This post has been edited by Liamness: Jun 7 2021, 11:37 AM