Tuesday 14 June 2011

Kenyan Accountant-CPA or a Degree

It has been a long fight as to who leads in the accounting profession and who the professional accountant is. We have those who take Bcom (accounting) from the University and those who go into KASNEB CPA examinations. Between the two, who is the professional accountant remains the big question. The next question is whether the degree holder is superior to the CPA finalist. A CPA specialist would not get exemption in some mainstream university while a degree graduate will be exempted from the lower sections of the CPA examination. This complicates the issue further.
In terms of course content I think that a degree is wider, well structured and aimed at creating professional at managerial level than CPA. However, CPA is a bit practical in the accountancy, auditing, finance and taxation subject. A good example, we had a unit in behavioral studies in the University; that seems to be missing in the CPA setup. Secondly, I studied basic computer programming and practically used a computer in my university time but when studying CPA, I never touched a computer either in the exams or in the class work. If therefore you ask me, I will tell you that having a degree and combining the same with CPA would be great.
I don’t know your view and experience but the matter is debatable.

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