Certificates of good practice
In January ACCA launched new practical training requirements, and a new Practising Certificate Training Record (PCTR), for members who wish to train towards ACCA's practising certificate. The certificate provides assurance that members have achieved the necessary competence to undertake public practice work.
The professional environment has changed significantly since the practical training requirements for ACCA's practising certificate were last reviewed ten years ago. Clients now demand value-added services, coupled with appropriate levels of quality assurance and high ethical standards, from their accountants.
The practical training requirements have been revised to ensure that members are equipped with the full range of technical, managerial and personal skills required of today's business advisers.
The new requirements aim to ensure that ACCA members reach globally consistent standards of competence, which reflect current and emerging best practice in accountancy. They will also help to enhance the profile and reputation of ACCA members worldwide.
The new practising certificate training requirements are also more flexible, recognising the diverse skills today's accountants need to develop. They cover a broad range of technical and management functions and include mandatory elements of competence in Professional Conduct. The elements are also more closely aligned with those included in the Student Training Record, allowing members to build on skills and experience already developed.
Who needs a practising certificate?
Details about who needs to train towards ACCA's practising certificate can be found on ACCA's website. The new training requirements apply to all members who wish to train towards a practising certificate, and have not yet begun recording their experience in a PCTR. If members are already using the previous version of the PCTR, they should continue to do so.
PCTRs can be downloaded from www.accaglobal.com/members.