What do I have to do?
To begin achieving your PER, you need to be working in an accounting or finance-related role. You may feel that the opportunities to achieve your PER in your current role are limited, but you should consider the options available to you before you decide to seek alternative employment.
If you are a full-time student or are not working in a relevant role, you may want to start thinking about what steps you will need to take in the future to gain the practical experience you need in order to become a member.
There are four components to your PER:
- completing three-years' employment in an accounting or finance-related role(s)
- achieving the nine Essentials and any four Options performance objectives to the satisfaction of your workplace mentor
- recording and reporting your PER progress through the trainee development matrix (TDM)
- making a PER return each year.
You can gain your practical experience before, during or after completion of the exams. There is no time limit to gaining practical experience and applying for ACCA membership. However, the performance objectives are closely linked to the exam syllabus and it is recommended that you co-ordinate your study and practical experience achievement.
You should aim to get your employer's support to help you gain the PER and you will also need to work closely with your workplace mentor.