How do you get per in ACCA?
How do you get per in ACCA?
There are three components to the PER:
- completing 36 months’ employment in an accounting or finance-related role or roles.
- achieving five Essentials and at least four Technical performance objectives to the satisfaction of your practical experience supervisor.
What is per performance?
Performance objectives allow you to demonstrate your knowledge, skills and techniques in the workplace. As part of the practical experience requirement (PER), you’ll need to achieve performance objectives. The performance objectives and exams are closely linked.
What is P level in ACCA?
Brief Overview of ACCA The ACCA syllabus includes 13 papers which are broadly categorized into Fundamental level (9 papers F1 – F9) and Strategic Professional level (4 out of 6 papers P1 – P7).
Does ACCA check per?
ACCA conducts PER audits to assure the quality of the PER process and to maintain the standards that are set out in the performance objectives. You may be selected for a PER audit before or after you become an ACCA member or as part of the admission to membership process.
Is Per compulsory for ACCA?
On the contrary to what people think that ACCA doesn’t requirement internship, the PER is actually the same as internship or most commonly in India known as Articleship. Therefore every ACCA student needs to complete the PER to achieve the much coveted ACCA Member status.
How do I answer ACCA performance objectives?
Keep your answers concise, but not so brief that your workplace mentor cannot appreciate what you are recording. Provide evidence and examples to help illustrate your answers. Show your workplace mentor that you are achieving your goals and perfroming effectively in the workplace.
How do I complete ACCA performance objectives?
To complete a performance objective you need to claim all five elements and write a statement. These are submitted to your practical experience supervisor for approval. You can work on more than one objective at a time and can complete your objectives in any order.
How long does it take to complete ACCA per?
You’ll also need to find a qualified accountant to be your supervisor. The supervisor helps you plan your progress, signs off the PER you record and decides when you’ve met your performance objectives. The 36 months needn’t be completed all at once, or all in the same role/job.
How many years does it take to complete ACCA?
You could therefore complete all of the exams in two years. However, as you also need three years practical experience before you can become an ACCA member and be considered a qualified accountant, the qualification takes a minimum of three years to complete.