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BPP PROFESSIONAL EDUCATION BPP PROFESSIONAL EDUCATION Practical Experience Requirement (PER) Krista Farrugia BPP Malta Director of Studies

Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

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Page 1: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATIONBPP PROFESSIONAL EDUCATION

Practical ExperienceRequirement (PER)Krista FarrugiaBPP MaltaDirector of Studies

Page 2: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

What is PER?

Needed to become an ACCA-qualifiedaccountant

Range of performance objectives to achieveexperience

Demonstrate that you have the abilities andmaturity to become a member

Page 3: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 4: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

What do I have to do?1. Complete three-years’ employment in an

accounting or finance-related role

2. Achieve the nine Essentials and any fourOptions performance objectives

3. Record and report PER progress through theonline My Experience record via MyACCA

Page 5: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 6: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

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 ACCAmembership The performance objectives are closely linked

to exam syllabus You will need to work closely with your

workplace mentor

Page 7: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

1. Three years’ practical experience

Any sector or organisation

Relevant role includes majority of time spenton accounting related or technical relatedactivities (accounting, finance, audit,taxation)

Pro rata if only a small amount of workingtime on accountancy and finance relatedactivities

Page 8: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

2. Performance objectives

Indicators of effective performance

Objectives are divided into key areasclosely linked to exam syllabus

Demonstrate achievement of objectives tomentor by answering three uniquechallenge questions for each performanceobjective (between 100 and 500 words)

Page 9: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 10: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

You will be required to achieve 13 objectivesin total:

All nine Essentials – performance objectives1 to 9, and

Any four Options – performance objectives10 to 20.

Page 11: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Essentials (9 objectives)

PROFESSIONALISM, ETHICS AND GOVERNANCE

1. Demonstrate the application of professional ethics , values andjudgement

2. Contribute to the effective governance of an organisation

3. Raise awareness of non-financial risk

PERSONAL EFFECTIVENESS

4. Manage self

5. Communicate effectively

6. Use information and communications technology

BUSINESS MANAGEMENT

7. Manage on-going activities in your area of responsibility

8. Improve departmental performance

9. Manage an assignment

Page 12: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Options (4 objectives)

FINANCIAL ACCOUNTING AND REPORTING

10. Prepare financial statements for external purposes

11. Interpret financial transactions and financial statements

PERFORMANCE MEASUREMENT AND MANAGEMENTACCOUNTING

12. Prepare financial information for management

13. Contribute to budget planning and production

14. Monitor and control budgets

FINANCE AND FINANCIAL MANAGEMENT

15. Evaluate potential business/investment opportunities and therequired finance options

16. Manage cash using active cash management and treasury systems

Page 13: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Options (4 objectives)

AUDIT AND ASSURANCE

17. Prepare for and collect evidence for audit

18. Evaluate and report on audit

TAXATION

19. Evaluate and compute taxes payable

20. Assist with tax planning

Page 14: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 15: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 16: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

3. Recording experience

The My Experience is an online tool to planand record your PER Access your personal My Experience

through myACCA Exemption if your employer is a gold or

platinum ACCA Approved Employer

Page 17: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Workplace mentors

Your workplace mentor should besomeone 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

Page 18: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Page 19: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

Workplace mentors

You may have more than one workplacementor If mentor is not qualified, performance

objectives can be countersigned by someonewho can act as ‘training supervisor’

Page 20: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATION

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

Page 21: Practical Experience Requirement (PER) · You can gain your experience before, during or after completion of exams. There is no time limit to gaining practical experience and applying

BPP PROFESSIONAL EDUCATIONBPP PROFESSIONAL EDUCATION

[email protected]@[email protected]