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Practical Experience Requirement (PER). Krista Farrugia Director of Studies BPP Professional Education Malta. What is PER?. Needed to become an ACCA-qualified accountant Range of performance objectives to achieve experience
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Practical Experience Requirement (PER) Krista Farrugia Director of Studies BPP Professional Education Malta
What is PER? • Needed to become an ACCA-qualified accountant • Range of performance objectives to achieve experience • Demonstrate that you have the abilities and maturity to become a member
What do I have to do? • Complete three-years’ employment in an accounting or finance-related role • Achieve the nine Essentials and any four Options performance objectives • Record and report PER progress through the online My Experience record via MyACCA
Points to note • You can gain your experience before, during or after completion of exams. • There is no time limit to gaining practical experience and applying for ACCA membership • The performance objectives are closely linked to exam syllabus • You will need to work closely with your workplace mentor
1. Three years’ practical experience • Any sector or organisation • Relevant role includes majority of time spent on accounting related or technical related activities • Pro rata if only a small amount of working time on accountancy and finance related activities
2. Performance objectives • Indicators of effective performance • Objectives are divided into key areas closely linked to exam syllabus • Demonstrate achievement of objectives to mentor by answering three unique challenge questions for each performance objective
You will be required to achieve 13 objectives in total: • All nine Essentials – performance objectives 1 to 9, and • Any four Options – performance objectives 10 to 20.
3. Recording experience • The MyExperienceis an online tool to plan and record your PER • Access your personal MyExperiencethroughmyACCA • Exemption if your employer is a gold or platinum ACCA Approved Employer
Workplace mentors • Your workplace mentor should be someone with whom you work closely • Mentor should be a qualified accountant • Helps to identify performance objectives to be achieved • Signs-off performance objectives that have been achieved
Workplace mentors • You may have more than one workplace mentor • If mentor is not qualified, performance objectives can be countersigned by someone who can act as ‘training supervisor’
PER Support • PER interactive case studies • TDM user guide • TDM guidance videos • Mentor guide • PER guide for trainees • Performance objectives booklet http://www.accaglobal.com/per
Any Questions kfarrugia@bpp.com pabela@bpp.com mtabone@bpp.com