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I am audit trainee of audit firm recognized by ICAP (Institute of Chartered Accountant Pakistan) has completed 3 year training after cleared module D of ICAP.
I am also pursing ACCA, and currently I am in professional stage of the course.
My question is:
How can i claim to ACCA that i have completed training form the audit firm, my firm is not willing to give me experience letter for the purpose of ACCA submission, due to restriction imposed by ICAP on trainees by ACCA. Is there any alternate?If your supervisor as well as the audit firm aren’t willing to second (certify) what you’re going to claim on your PER then you won’t be able to successfully claim credit for it. As simple as that… no way around it.
Ah the good old ICAP — in my opinion they should provide more flexibility but to make sure they have their monopoly in the local market they are doing this. It’s unfortunate for ACCA Affiliates in Pakistan as well for not being able to get those training contracts normally reserved for ICAP students and no exemptions from ICAP either.
However, if you are already working in the field then you can just keep on doing that while simply complete your ACCA and in 3 years you can be a full member of ACCA as well.
That being said, if it’s the same Firm that won’t certify the experience then you should change it to somewhere who would certify your experience there.
Good Luck to You!
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