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Old 23-05-2024, 09:42 PM
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Totally agree. Can just clock CPE hours and experience is what it matters. Win-win for all is to have accelerated programme for those who took the exam to get CA faster, while the rest get the option to convert after gaining a few years of exp + CPE hours.
I'm not sure if this will work or if it will just devalue the certification even more. The older batch who got the exemptions are from the AAAA batch, and back then, accounting was more prestigious. So with or without the certifications, they are seen as more capable. Now, with the cut-off dropping to BCCB and more exemptions being granted, it already doesn't look good. It feels like a lower barrier to entry. If you scrap the entire exam modules, I don't think the certification will be worth anything. Anyone working in the industry can become a CA just by clocking in the hours.
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