As Per Professional Experience requirement for ACCA Qualification, students should achieve Performance Objectives.
Performance objectives are in total
• 5 Essential Objectives &
• 17 Technical Objectives which are as follows.
Ethics and professionalism
Stakeholder relationship management
Strategy and innovation
Governance, risk and control
Leadership and management
Corporate and business reporting
Record and process transactions and events
Prepare external financial reports
Analyse and interpret financial reports
Evaluate investment and financing decisions
Manage and control working capital
Identify and manage financial risk
Evaluate management accounting systems
Plan and control performance
Tax computations and assessments
Tax compliance and verification
Tax planning and advice
Audit and assurance
Prepare for and plan the audit and assurance process
Collect and evaluate evidence for an audit or assurance engagement
Review and report on the findings of an audit or assurance engagement
Advisory and consultancy
Data, digital and technology
Data analysis and decision support
Students should achieve all 5 Essential Objectives and 4 out of 17 Technical Objectives.
There are three parts of a performance objective,
Description: in which student should provide summary of objective
Elements: Each objective has five elements which outline the tasks, skills and behaviours, student must demonstrate to achieve the objective
A Statement: Student will need to write a 200-500 word statement where student demonstrate achievement of the objective by providing examples of his/her work
A student should claim all 5 elements to complete a performance objective.
However there's an exemption for students from performance objective if:
He/she works for a ACCA Approved Employer
His/Her employer holds trainee development approval at Gold or Platinum level.