Re: [accountants_forum] Rights COST AUDIT Authority:Kolom Inspirasi

Dear Mr. Farhan

If you have good practical experience in field and good knowledge of Pakistan economy and trend, then you would not ask this kind of question. The answer of your immature question is that, if Pakistani law can give authority to only graduates to conduct external audit of public limit company without capital limit, then i guarantee you that, you will find maximum numbers of graduates audit firms, more than chartered accountant firms with high competition with them.

Answer of my another friend who were not still understand that why cost and management accountant strive hard for their right of cost audit instead of concentrating on management accountancy; then the answer is that job of management accountancy is a open field, as i know some good CA qualified, doing the same job, and some graduates in small firm doing same efforts in their organizations. Another suggestion to respected and sincere bodies of ICMAP that, if they would remove the word "COST" from their identity then I guarantee also that no one will accept their importance.

In short, we neither forget our vision, nor want to stand on the position of external auditors. We are hereby just let all to know that, PLEASE recognize the rights of each and every professional, instead of let them down or to force them to leave Pakistan.

Regards

Mohsin Yousuf

From: Farhan Usman <farhan.usman@hotmail.com>
To: accountants_forum@yahoogroups.com
Sent: Tuesday, July 12, 2011 4:13 AM
Subject: RE: [accountants_forum] Rights COST AUDIT Authority

Dear Friend
Before making any comment on the raised issue . . I want to ask one question from you and all who are interested.
Can any one tell me how many Cost Audit Firm do we have in Pakistan registered with ICMAP ?
ICAP have more than 500 CA firms (who obtained practicing certificate from ICAP) . . .

Your answer is more valuable to me

Regards

To: FinProS@yahoogroups.com; ManagementAccountants_Forum@yahoogroups.com; accountants_forum@yahoogroups.com
From: samreen_cma@yahoo.com
Date: Mon, 11 Jul 2011 08:46:09 -0700
Subject: [accountants_forum] Rights COST AUDIT Authority

Members of ICMAP, Please comments.....

From: Rizwan Farooque <rizwancma@yahoo. com>
Subject: Re: Management Accountants: : COST AUDIT Authority
To: ManagementAccountan ts_Forum@ yahoogroups. com
Date: Friday, July 30, 2010, 4:19 AM

Dear Memeber.

its good quetion why CA conduct cost audit ?

its

From: some one <forsome148@yahoo. com>
To: managementaccountan ts_forum@ yahoogroups. com; cost-accountants@ yahoogroups. com
Sent: Thu, July 29, 2010 5:12:29 PM
Subject: Management Accountants: : COST AUDIT Authority

Refer to cost audit hand book issued by ICMAP…

India is the pioneer in introducing "COST AUDIT" since late 60s and now over 40 industries are covered under cost audit scheme. In India and Bangladesh, ONLY Cost & Management Accountants are eligible to conduct cost audit. In Pakistan, Chartered Accountants are also eligible to conduct cost audit.

Members are requested to comments on it;

WHY CHARTERED ACCOUNTANTS ARE ELIGIBLE TO CONDUCT COST AUDIT IN PAKISTAN ???

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