accountant1960
Registered User
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- 15
Every organization have retired member rates. Shocking that CAI does not. We get up to 100% exemption of the fees based on income (in Canada).
It's a bit like the Catholic Church. You continue to be a member until you actually tell them to take you off their list.
But unlike the Catholic Church, if you stop paying your annual sub, they will eventually expel you. But they might try to collect the sub for the period up to expulsion.
I worked hard to get my ACA. I was a bit reluctant to resign. But when I see the messing in this thread, I can laugh out loud without feeling frustrated.
Brendan
They also told me that if I wanted to rejoin at a later stage I would have to pay all the back fees and that there might be a requirement to sit the exams again.
Brendan
I totally agree. This should be of interest to a business journalist.My issue is that they charge a high annual fee and they threaten you with expulsion if you dont pay it even though youve worked hard, passed exams and earned your qualification. All the while, you get no value for that fee, its used to just prop up an organisation that pays big salaries.
Unlike rte, where to goverment can, and are reprimanding them, there doesnt seem to be any organisation to hold the icai to account.
The media should highlight this.
I’m not sure the public will be too sympathetic to chartered accountants as a cohort, we are well paid professionals, and most people don’t even pay their own subs anyway .My issue is that they charge a high annual fee and they threaten you with expulsion if you dont pay it even though youve worked hard, passed exams and earned your qualification. All the while, you get no value for that fee, its used to just prop up an organisation that pays big salaries.
Unlike rte, where to goverment can, and are reprimanding them, there doesnt seem to be any organisation to hold the icai to account.
The media should highlight this.
I agree. But it isnt about garnering public sympathy. Its about holiding icai mismanagement to account.I’m not sure the public will be too sympathetic to chartered accountants as a cohort, we are well paid professionals, and most people don’t even pay their own subs anyway .
anyone taking bets? LOL Is there any certainty on the outcome? CPA needs 75% and ACA need 50% +1. (per andymc)
The accountancy professional needs to adopt and deliver for clients. It is inconsequential if someone is an accountant by charter by the queen or certified. It is beyond pityful when people are looking for relevance from a set of exams that they did 30 years ago. Both bodies are equivalent to a degree. AI is a game changer. There will have to be synergies from the amalgamation. The profession has to move forward. There is no point in any organisation living in the past.
On the national qualifications framework, ACA is equivalent to a masters. I cannot find CPA on there.a) They’re not equivalent to a degree.
b) It’s natural for people to value what they’ve achieved and not want to see it given out like confetti.
a) They’re not equivalent to a degree.
b) It’s natural for people to value what they’ve achieved and not want to see it given out like confetti.
On the national qualifications framework, ACA is equivalent to a masters. I cannot find CPA on there.
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