Forums › ACCA Forums › General ACCA Forums › Assistance needed regarding Chartered Tax Adviser (CTA)
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- February 11, 2014 at 8:49 am #157955
Hello
Well, I am sad to report that I’m a man with no ambition. I do not know where exactly I’d want to be in the future and what kind of jobs would interest me. I could say that I am not fully aware of my options after having completed the ACCA but then again, I did consider various courses I could engage in after I complete the ACCA. I thought of CFA (abandoned the idea thinking it would take way too long and finance might not be my strength considering its quite comprehensive), then MBA (the cost, element of finance was a bother again, followed by ICAEW after claiming exemption to 12 papers (then I thought it’s more or less another accounting qualification which I could get full exemptions to once I am ACCA qualified and have 5 years of experience anyway).
I am now considering what’s considered the ‘gold’ standard qualification in the field of tax, CTA. I have started to think that tax is probably where I belong (only a gut feeling, still. I was wondering how sensible an option it is to attempt CTA after clearing all of my ACCA papers and working on a BSC in Applied Accounting degree from Oxford Brookes University alongside by the end of this year (hopefully).
What’s the scope of CTA in the world (not JUST the UK)? Is anyone aware if any relevant courses for CTA are taught in Pakistan as well (especially Islamabad/Rawalpindi)? How fruitful is the industry for people engaged in tax practice?
I would appreciate answers to all the above and any further advice that the knowledgeable people here may have to give.
Thanks in advance.
February 11, 2014 at 8:49 am #157956I thought of CFA (abandoned the idea thinking it would take way too long and finance might not be my strength considering its quite comprehensive), then MBA (the cost, element of finance was a bother again, followed by ICAEW after claiming exemption to 12 papers (then I thought it’s more or less another accounting qualification which I could get full exemptions to once I am ACCA qualified and have 5 years of experience anyway).
February 11, 2014 at 8:50 am #157960What’s the scope of CTA in the world (not JUST the UK)? Is anyone aware if any relevant courses for CTA are taught in Pakistan as well (especially Islamabad/Rawalpindi)? How fruitful is the industry for people engaged in tax practice?
I would appreciate answers to all the above and any further advice that the knowledgeable people here may have to give.
Thanks in advance.
February 11, 2014 at 9:16 am #157994The problem with the CTA tax qualification is that tax is country specific. At the moment the qualification is only available in the UK, Australia, or Ireland. There is not much point in being qualified in the tax rules in one particular country unless you are specialising in that country’s tax.
There are only two CTA member in Pakistan (in Karachi) and so I would be very surprised indeed if there are any courses.February 11, 2014 at 10:15 am #158010Thanks for your response, Sir. So you are saying that even if I clear the CTA exams in, say, the UK and move to Australia later it wouldn’t be recognized as well (surely because tax rules may well differ in a different continent)? I was thinking if about clearing the ACCA exams here in Pakistan and also working on the OBU BSc honours degree and then moving to the UK on a work permit and studying CTA alongside (I suppose there’s a paper’s exemption for ACCA affiliates as well). I am not sure how well reputed, rewarded and popular this qualification actually is even in the UK (like CFA or ICAEW is, for instance).
Would you suggest getting the BSc Hons. degree to increase my job prospects after the ACCA? If so, could you possibly provide any links to or suggest useful sources for me to work through this OBU project?
Secondly, what course of action would you suggest to someone like me who isn’t sure of where to go next and what to do upon completion of the ACCA? I mean, I’ve been thinking of all sorts of things: CFA or MBA Finance (when I realize finance may not even be my strengths but the ultimate rewards on offer made CFA stand out but its a LONG journey) or ICAEW (after claiming exemptions; however, it’s attainable with full exemptions to an ACCA member anyway) and now CTA (which is starting to fade after what you just told me about it).
If, say, my ultimate destination is Canada or Australia (both don’t recognize ACCAs as well as some others to my knowledge) or the Middle East, what qualification/s (that wouldn’t take long to accomplish) do you thing would form a good combination with the ACCA and the BSc?
PS: I reviewed this post and realize how it terribly lacks any ounce of ambition. :/
February 11, 2014 at 5:07 pm #157957I am now considering what’s considered the ‘gold’ standard qualification in the field of tax, CTA. I have started to think that tax is probably where I belong (only a gut feeling, still. I was wondering how sensible an option it is to attempt CTA after clearing all of my ACCA papers and working on a BSC in Applied Accounting degree from Oxford Brookes University alongside by the end of this year (hopefully).
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