AIA qualification devalued?

AIA qualification devalued?

Didn't find your answer?

Has over the many so many years of history devalued the AIA qualification globally since its marked installation on 1994 becoming a world-recognised RQB qualification by DTI? Should AIA think about it's partnership with many universities and also optional papers given to it's students?

I see over so many years ago, there is more gains in CCAB over AIA mileage claims in status world-wide at home abroad too.

Prof TOTs (Sr) said, got one side lose, sure got another side to win. In ACCA, Matthew pointed got devalued or not of ACCA qualification, so Prof TOTs (Sr) replied where is balancing of gain and lose equation? Prof TOTs (Sr) ask for the gainful ones and ask Matthew tell us and explain gain/lose equation for us to know.

Narninda

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By AnonymousUser
25th Sep 2006 07:33

Simon Cheung
As the news came from AIA, but the names of the "18 independent audit regulatory organisations" were not given due mention, would you be able to give us an updated information as to who the "18" are?

Many people would be thinking that AIA is one of the "18 independent audit regulatory organisations".

If that be the case, then AIA shall soon be upgraded because it can act to give a piece of their professional quality audit advice to the world via IFIAR.

Everyone at the forum shall listen attentively and focussedly as to what AIA CEO would say and direct during the forum.

What do other think of this forum?

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By AnonymousUser
21st Sep 2006 04:36

How many paid up subscriptions in Malaysia?
Ai Ling, can you please publish to the world to know how many AIA members in Malaysia paid up their subscriptions?

Perhaps, do an analysis this way (from another thread) :

1 year outstanding
2 years, 3 yrs, 4 yrs, 5 yrs, 6 yrs, 7 yrs, 8 yrs, 9 yrs, 10 yrs, 11 yrs, 12 yrs........outstanding. That's enough.

Take 1994, the year AIA was recognised in the UK till now.

OBJECTIVE ? This will show how members trust their Association's promises after promises after promises. When the promise got answered and realised, that is when the subscriptions will be fully paid up. Look at CIMA, ACCA members in Malaysia - do they have such habit of paying up their annual subscriptions as AIA members in Malaysia?

It is the results that tells, that counts, that people know, that people feel about their associations.

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By AnonymousUser
28th Aug 2006 10:14

mileage claim
I believe it is 40p for the first 10,000 business miles. after that you may only claim 25p. membership of the AA or even the RAC is irrelevant.

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By AnonymousUser
25th Sep 2006 04:04

Excel news AIA members
This good thing in AIA E-New showed to me must contain very good news all AIA members knew ;

"Establishment of International Forum of Independent Audit Regulators

22 September 2006, 4:22

18 independent audit regulatory organisations from around the world have decided to establish the International Forum of Independent Audit Regulators (IFIAR).


The purpose of the Forum is to share knowledge of the audit market environment and practical experience of independent audit regulatory activity; to promote collaboration in regulatory activity; and to provide a focus for contacts with other international organisations which have an interest in audit quality.

The decision to establish IFIAR was taken on 15th September at a meeting in Paris hosted by the Haut Conseil du Commissariat aux Comptes (H3C).

Sir Christopher Hogg, Chairman of the Financial Reporting Council (FRC), said: “The Financial Reporting Council warmly welcomes the creation of IFIAR. Given the international character of both corporate reporting and the audit industry, the creation of IFIAR will contribute to the FRC’s ability to fulfil its own responsibilities within the UK.

"I am particularly pleased that the FRC will be able to make a direct contribution to the work of IFIAR through the appointment of Paul Boyle, Chief Executive of the FRC, as its first Vice-Chairman.” "


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By User deleted
22nd Sep 2006 11:20

Ai Ling
It’s now year 2006. From 1994 to 2006 is 12 years time. If I would have a life span of 70 that period accounts for 17 percent of my disposable time. Life is short so don’t waste your valuable time. Go for something achievable. Just forget the AIA in Malaysia my buddy.

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By AnonymousUser
22nd Sep 2006 10:05

Mine better write than yours, professor.You back me up thank you
Mine better explain to professor.
Ai Ling , 30 August 2006 @ 10:13 AM
Go HKICPA QP better, Professor
I suggest HKICPA QP offer to AIA members already qualified. Pass QP and join HKICPA and ICAEW and forget about AIA membership subscription.
With HKICPA you go international.

With AIA you don't pay up susbcription, correct or not?

So go internation go HKICPA and you get ICAEW. You also get CICPA.

If you get HKICPA, ICAEW, CICPA, you can forget ICAEW, HKICPA if too expensive.

So you pay only CICPA. Isn't that enough to pay already?

My advice - don't pay so much subscription also, but not like those in AIA in Malaysia who stop paying for 8 to 10 years after the alumni AIA claim MIA recognition coming along the way but not coming along the way after 10 years.

Can AIA give statistics of subscription members not paying like this ? :

a) since 1994 didn't pay
b) since 1995 didn't pay
c) since 1997 didn't pay
d) since 1998 didn't pay
e) since 2005 didn't pay


You know why in the world I say this analysis? Simple as that. 1994 AIA recognised in UK. They champion around that MIA will give AIA recognition.

1995, they say that again and kept saying but no MIA recognition.

After that, their CEO didn't come to Malaysia for many years. So how to say MIA recognition coming so soon when they can't be in Malaysia to talk recognition? no motivation, no enthusiast to talk recognition.

Then 2004 they start coming over. They talk and talk so much at that very expensive hotel in Bukit Bintang Kuala Lumpur with members delegates. No further news and no action after that.

Then 2005, AIA claimed recognition will be in the announcement in their AIA E-news and announced widely and say AIA recognised as qualification in auditing. Until today 2006, still now news.

So all these no audit recognition, no MIA recognition, come announcing by AIA? You think AIA members in Malaysia stupid? They got brains to think hard and smart analytically and substantially.

So you all in this world can see the non-paying subscription come from those particular years.

When announcement of audit recognition, members quickly pay up. So they found no recognition coming, they all stop paying. Simple as that understand or not you all there?

Also, members so keen on recognition cannot practice as auditors, so no point at all audit recognition at all. Just don't bother members of AIA on audit recognition.

Is it recognised yet, AIA in the Malaysian environment by now?

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By AnonymousUser
30th Aug 2006 09:56

AIA upvalued , not devalued Narninda.
In "ACCA qualification devalued" by Matthew, I write clearly to prove AIA upvalued. I go Matthew definition.

Matthew said ACCA last time direct entry to HKICPA, not must go into QP before HKICPA. AIA last time also same like ACCA. But AIA not much at international scene yet today, AIA can go QP HKIPCA, passed it easily and go ICAEW membership direct. Then, AIA member got HKICPA, ICAEW and world-class championship qualificaition already.

But I don't think ACCA devalued at all like Matthew say so. ACCA - go ICAEW membership direct, then go CICPA membership. Who cares for HKICPA membership? You think HKICPA very big?

If ICAS don't give advice to HKICPA on qualification evaluation, you think HKICPA become like today great or not?

I think AIA get ICAS evaluate qualification , then one fine day AIA get to be like HKICPA and forget about HKICPA altogether because evaluation by ICAS make qualification very great.

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By AnonymousUser
29th Aug 2006 04:41

Tony Kelly
You're absolutely right! My company does that too and found it to be true to Malaysian companies too. A friend of mine in one of the Malaysian companies told me his company's mileage claim is like first 100 km = 60 cts, followed by 50 cts for each subsequent km for the week. That was the revised rate following a hike in petrol prices.

Some how or rather, there are "some" who "accumulates" over the 10 year period, starting at the memorable date - 11 July 1994. As a result they are paid for the first 100 km at 60 cts, followed by 50 cts for the rest of the km claims over the 10 year period. And this "person" claimed to have "profitted" over the claim now than claiming earlier ie 10 years ago. Very true in this "person's" sense. He rested too long on his RQB laurels, and woke up now finding that the mileage claims is more attractive than 10 years ago and claim to have profitted by claiming his 10 year period mileage now in one go.

As an academic, I read the Law of Diminishing Return 20 years ago. In line with such thoughts, I always tell myself to quickly make up my claims without delay because of opportunity costs presented each time I got my cash with me. I can think of interest earned by putting the mileage claim in Fixed Deposits in the banks.

Last but not least, in understanding the time value of money, I believe that I should grab hold of the opportunities presented each time to me and not wait for it to rot or wait for any professionals like S L to tell me to grab them.

On the other hand, I learn that by just buying a building in a demanded area, I refurbish it after sometime, upkeep it, I find it attracts people to admire and like my building. I also find the cost of my building in demand by those who like it and the market value increases over the cost I bought on 11 July 1994!

However, for the other building which was nice and good shape which was bought on 11 July 1994 at an outskirt town area, don't seem to draw any demands from prospective buyers because they know not where my building lies in NUTyne and never heard of too!!!. As a result, a member of the Rating & Valuation Society decided to "devalue" this unknown building to below the "recognised value" it once enjoyed before ie 11 July 1994.

Make sense!!

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By AnonymousUser
05th Sep 2006 05:18

This mean subscriptions will pay up easily
True or not, AIA can go in to become ACCA by aptitude test of the 8th directive so easily as I thought.

AIA CEO is also ACCA. Anyone know possible for AIA members take ACCA aptitude test can become ACCA right away?

I dream AIA CEO must help all AIA members to become ACCA members to resolve Malaysian MIA issue not recognised at this moment.

Forget other paths ways, I am not interested.

Narninda , 05 September 2006
This correct or not, Simon?
Those pass ICAEW aptitude test can go direct membership of ICAEW? Am I fully correct?
Someone say aptitude test for lisence only as auditor in the public.

Did you hear AIA also conduct aptitude test for foreign auditors?

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By AnonymousUser
02nd Nov 2006 04:45

Shall we see an upgrade of the AIA in Dec 2006?
I have not heard much of AIA's expansion and recognition plans. Perhaps, the following shall be a good one, which I hope something will be positively concluded on 6 or 7 December 2006.

I would like to suggest AIA place at least 10 past years' Q & As online in its website for the easy retrieval/download of all (including public and especially members of other accountancy bodies) so that the public (especially, the Professors of Accounting) would eventually be able to testify the high standards of its examinations. I would certainly like to vouch the standards of the past year Questions too and I would, of course, give my comments and room for improvement for the benefit of the professional body.

I wrote on the other thread and append here for reading :

By Prof TOTs (Sr)....
Having read the following AIA E-News, I hope AIA CEO will strike a MRA with ICAEW. Then, one more title will appear further to his designates - FCPA (HK), FAIA, FCCA, and FCA.

I am sure my fellow AIA friends would like two further designates then, ie, FCA and CA(M) of the MIA.

What I am afraid would be, all FCA converted using AIA would eventually drop AIA and maintained the FCA and CA (M) designates. Will competition rules has any effect on dropping designates after acquiring a more powerful one?

Let's hope positively for the future of AIA members.
....unquote

"AIA Welcome ICAEW Appointment of Michael Izza

27 October 2006, 12:54

The Association of International Accountants (AIA) has welcomed the announcement that Michael Izza will take over from Eric Anstee as Chief Executive of the Institute of Chartered Accountants of England & Wales (ICAEW), from 06 December 2006.

Much has been made of the challenges facing Mr Izza as he takes the reins at the ICAEW, but the whole accountancy profession is facing many new tests across new markets. The accountancy profession continues to adapt and move forward and the AIA wholeheartedly support Mr Izza’s determination to ensure the term ‘accountant’ is protected and regulated in Ireland, where consultation is on-going, and indeed throughout the UK.

AIA advocates the need for the accountancy profession to operate in the public interest and not for commercial gain and believes all professional accountants should be proud of their hard-earned qualifications, but not to the detriment of the profession. AIA believes that central to the future success of the profession is the need to clarify to the public the difference between qualified accountants and those who merely refer to themselves as such.

AIA Chief Executive, Philip Turnbull said: “I wish to pass on my congratulations to Michael Izza and wish him every success in his new post. In many respects AIA echo the sentiments of his recent projections for the future, including the need to work together on key issues.” "
"

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By Narninda
06th Nov 2006 03:56

Don't wait, go right into doing it, no more wait, shoot comments
What you comment, we want hear of course.

AIA Information Services Survey
Name:
Member: ID Number:
Non-Member:

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By AnonymousUser
29th Jan 2007 10:23

Prof TOTs support great
With Prof TOTs supporting AIA giving great advices, given great guidance, and plenty of opportunities, like constructively done one, surely with Prof support , AIA value going higher and higher up everyday. Soon, I understand will reach ICAEW standard very soon already.

AIA must thank you prof for the constructive efforts, supportings, guidance, advices, generosity.

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By AnonymousUser
10th Jan 2007 10:05

No direct into ICAEW membership for AIA
Prof, no direct entry right into ICAEW membership for the AIA members on 6 Dec 2006.

I thinking this will surely and certainly happened - ICAEW CEO approval of AIA into FCA title for life.

Why did I think it like that?

That because AIA CEO got publish matters into website about AIA support for the ICAEW. Everybody think of it and go ahead and pay up subscription in Malaysia. You check and see - so many AIA member go and pay up subscription easily in 2006 , that must be the ICAEW and AIA mentioned in the website.

Now, no entry for the AIA into the ICAEW FCA title for MIA recognition. Got refund or not?

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