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ACCA PER changes

29 March 2016

ACCA is pushing its new-look PER policy with the headline ‘we’ve listened to your feedback!’ What hasn’t changed is the need to gain 36 months experience in a relevant accounting or finance role.

All your experience has now been transferred to the new set-up, as long as it is allocated to an employer.

The new PER policy requires you to achieve five elements, supported by one statement of 200-300 words for each performance objective.

The essentials performance objectives have been reduced from nine to five. Four technical objectives also have to be achieved, from a list of 15.

There is also a more user-friendly online recording tool ‘available’ as part of the update.

Your achievements must still be confirmed by a qualified accountant acting as a practical experience supervisor (what was a workplace mentor).

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