Talk:Indian CFA

message: I have proposed the article for deletion. I feel all the salient points are noted on the main ICFAI page. This page features content more suited to a discussion board or brochure than an encyclopedia. It is inadequately sourced and much of the article makes little sense to those without extensive previous knowledge. It has been in need of improvement for quite some time without any significant efforts being made, therefore I suggest it is removed. Jnthn0898 (talk) 11:23, 16 November 2009 (UTC)
thread_title: Deletion

message: I have redited and put back those articles as it is well understood in the indian context only.  —Preceding unsigned comment added by Mishrik (talk • contribs) 22:47, 13 November 2009 (UTC)
thread_title: What a mess...

message: Hi, shivon please understand the websites thread is exclusively for indian CFAs from ICFAI and not a nerworking site but a carrer discussions site most helpful for CFA students (needed for this article as it has information about the same) and the link to financial analyst.org is the councils official site , you can please confirm with the university and council if you like, I have confirmed the same.Kindly do not remove them.  —Preceding unsigned comment added by Saileshrh (talk • contribs) 16:51, 16 October 2008 (UTC)
thread_title: Please understand

message: when one speak of the international investors being misled by something called Indian CFA.The individual certainly does not know anything about the points of difference between both the programmes. The indian CFA has been designed keeping in mind the indian financial & investment Regulatory Framework. Any investor desirious of investment in india has to deal with the legal framework of the Indian financial System & Investment Industry.
Does the CFA institute of USA offer anything in its Education & training that would help its charterholders to effectively deal with this  requirement.
Dont you think Any potential investor desirous of investing in India Would require this service from a CFA 
122.50.220.179 (talk) 11:06, 29 August 2008 (UTC)
thread_title:  '''Point to be noted''' 

message: The article shows clear signs of Bias. There could be a strong possibilty of content manipulation by the involved party directly or indirectly.  —Preceding unsigned comment added by Mhr2cool (talk • contribs) 05:30, 7 October 2007 (UTC)
thread_title:  Biased 

message: I have deleted the last paragraph as it seems that there is no proof about the brand rebuilding or change in name and it appears to show only the editors personal viewpoint.Shovon 12:59, 29 February 2008 (UTC)
thread_title:  Futures of ICFAI and CFA 

message: The whole article need rewriting. The text, in most cases is badly garbled and gives a confusing meaning. There are a lot of POV material and uncited/unrefernced statements. Needs attention from others. Shovon 12:56, 16 April 2008 (UTC)
thread_title: Needs Rewriting

message: In India, the CFA trademark belongs to whom? ICFAI or CFA Institute?  —Preceding unsigned comment added by 59.180.17.191 (talk) 17:09, 25 June 2008 (UTC)
replies: text: Of course! But, if you want to operate in India, you'll have to follow Indian rules. You can't hope to collect cash from India without giving a hoot to Indian laws. In the sentence above your comment, I was only commenting about the legal validity of the courses. BTW, are the CFAI graduates allowed to use the prefix CFA in the U.K.? Again, who cares! Shovon Talk to me (talk) 16:25, 9 August 2008 (UTC)
thread_title:  In India, the CFA trademark belongs to whom? ICFAI or CFA Institute 

message: It's impossible for anybody to correct the grammar because it's impossible to discern what the original author was trying to say. Albertod4 (talk) 02:22, 4 August 2008 (UTC)
thread_title:  Seriously, do we need this article? 

message: (1)’’’A PATENT FOR C.F.A
 
:Well. First & foremost there are certified public accountants & there are certified management accountants in the united states of America & also in other countries.(please see the section of certified public accountants in wikipedia itself to see how many countries offer this qualification)(also see for chartered accountants) think if the American institute of certified public accountants tries to get a patent that it can only offer certified public accountant designation because perhaps it used it first & all other countries will be forced to use its services & follow its rules to run their own financial system & had to rewrite all their domestic financial legislations to reflect those prescribed by the American CPA 
::IMAGINE  THAT
:Every country has a unique financial system, thus requiring qualified financial professionals who understand the system & operate in it. That’s the reason why every country has its own statutory qualification for the accounting profession The same can also be said about the investment industry. the investment industry in India is different from that of the United states, thus the need for independent finance & investment qualification, ICFAI has done just that.
As regarding the American CFA being A truly international designation ':- well to be truly called international, a  programme must accommodate the uniqueness of each financial system, where its designation holders seek to operate, in addition to the international laws & treaties, that govern international trade & investment. Needless to say the American CFA does not satisfy this criterion. It only accommodates American domestic financial legislations Plus international legislation
(2)Any Statutory qualification in finance & related field (given in a country) can be broadly divided in two parts 
:(a)The basic knowledgebase of different subject’s relating to accounting. Security analysis, portfolio management, management accounting, project management & the like. There is not much difference in what in taught in this country to what is taught in another.
:(b)The legislative Part, i.e. the laws regarding accounting Disclosers , the prescribed methods of book keeping, income tax laws, investment related laws, foreign exchange related laws etc.Those differ from country to country
:Anybody who has passed the American CFA or at least knows about the curriculum will be able to say that, the programme only contains legislation part that governs within the United States.
:It is verifiable from the detailed curriculum of both programmes (Indian CFA as well as American CFA) that there is not much difference in the basic subjects taught
(3) So CHARTERED FINANCIAL ANALYST'''
:Well let’s see what did countries of the world do when there was no CFA institute .Was there no financial analysis. As far as history goes the accountants did the job. Till the financial systems grew to vast proportions & work became too complex thus requiring specialists. Today MBA's ,Accountants,& other finance related professionals also do this job. So the CFA institute did not invent FINANCIAL ANALYSIS
:: NEXT:- CHARTER
:Lets understand the meaning of the word charter ( the reader will do a great service to himself/herself if he/she looked up for this word in wikipedia itself or in any good English dictionary.)
:A charter draws its strength from a sovereign legislative authority, like a countries parliament. So it not uncommon if some one asks by who (in case the country is ruled by king or queens) on by which legislature (in case the country is governed by a parliament) when you say that I am a chartered accountant or a chartered management accountant etc.     
'(4)'SO HOW DID THE AWARD'ING OF CHARTER IN ACCOUNTING PROFESSION COME ABOUT.
:When the business around the world were not so complex there were different methods of book keeping in practice usually within the same country or even within a same locality. When businesses grew in complexities & governments needed uniform tax bases to collect taxes, they encountered this problem. Hence in order to address this they prescribed uniform accounting methods that were enforced by legislation & had to be mandatorily followed.
:Now since the body of knowledge of accounting is vast & complex & not everybody can be expected to be academically sharp enough to learn them/the legislators themselves could not create or moderate the body of knowledge .They had to institute authorities to prescribe & moderate uniform methods ,Train & examine individuals & confer designations of say "Chartered Accountants” on them .
:A chartered Accountant is thus given an authority by a legislative body (parliament) to carry out the profession of accountancy. Every business functioning within the jurisdiction of the respective legislative body has to follow the prescribed accounting methods & get their account books audited by a chartered accountant.
    
(5) PATENT
    
:In reality the CFA institute is seeking a Service mark protection(US law).According to United states law , such a mark has to be in use in commerce.Thus making it necessery to register it in order to stop infringement by compititors.(see for service marks in wikipedia)
   
:So CFA institute is a commercial service organisation. It has not been instituted by a legislature of any Sovereign country .It does not have any authority to prescribe ,moderate or regulate any establish practice of financial analysis. 
::NOW THE BIG QUESTION
     
: So what does it mean to give patent protection to CFA institute.
 
:Countries around the world have seeked to regulate , moderate & streamline the accounting profession as & when they have felt the need to do so,by bringing in appropriate legislation .They have created approprate bodies that do this job for them & its members are awarded with charters to carry on their professions.
:So when CFA institute comes in & asks For A Patent protection for the designation"chartered Financial Analyst". The effect is  that via this patent protection the ability of the Parliament or a legislative body is impairsd of its authority to create an appropriate body to regulate & stream line any body of funtionalities in the realm of finance & investment,if at all it feels the need/as & when it feels the need (within the political & geographical limits of its jurisdiction)
:Any attempt to create such a body & award charters to its members will come in the way of the patent protection Granted to the CFA institute  
   
:Now alternatively can the CFA institute be asked to perform/ can perform this function of prescribing, moderating & regulating the finance & investment related laws, &  prevalent practices of each & every country where it seeks patent protection .I don’t think so.
:Anyway's the legislators of the countries who have given such a protection to the CFA institute have to think about it.
:Great Britain  where the Awarding of charters first started (later the commonwealth of states also followed this practice).Did not award such a protection to the institute(please see the copy of the judgement in the reference section of the article on CFA in wikipedia). 
Ash sbp (talk) 23:30, 28 August 2008 (UTC)
thread_title:  lets see whats the meaning of charter & what it means to protect the CFA institute with a patent 

message: It would eventually mean that there is no existance of any CFA designation Outside the perview of what is Granted by the CFA institute USA.
Just like  The CPA section or Chartered accountant (CA,ACA)section  in wikipedia contains the names & detailed information on the different professional bodies award'ing those designations
The CFA section should contain information on all the professional bodies around the world that legally provide this designation & its members continue to practice 
122.50.220.179 (talk) 05:58, 29 August 2008 (UTC)
thread_title:  no Indian CFA Should not be mearged with ICFAI 

message: ill talk about the programme & give details later
Ash sbp (talk) 08:26, 29 August 2008 (UTC)
thread_title:  if you want to know about a designation thet can truely call itself international designation in finance & investment its CIIA 

message: Hi,
I am going to merge Institute of Chartered Financial Analysts of India and Indian CFA, since both refers to the private ICFAI university content of both the article doesn't reflect ambiguity w.r.t the CFA programme. Please reply to this thread in case of concern.
Will take time to do the same ;) 
Gaurav Pruthitalk 03:29, 25 October 2013 (UTC)
thread_title:  Will merge [[Institute of Chartered Financial Analysts of India]] and [[Indian CFA]] 

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thread_title:  External links modified 

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