Planning how you will meet your performance objectives will help you focus on the areas you need to to achieve your practical experience requirement
Although mandatory, you still need to think how the five Essentials performance objectives can be best achieved through workplace experience. You are free to choose any four from the 15 Technical performance objectives. However, opting for those that most closely align with your personal preferences may not be the most effective strategy. You should take into consideration the following issues:
As you achieve each of your performance objectives, you’ll be one step closer to becoming a well-rounded business professional. Remember that your practical experience supervisor will be more likely to appreciate the increase in your effectiveness at work, as you add to your ‘worth’ within the office – and this may provide them with extra motivation and impetus to support you.
Your employer may already encourage you to set objectives as part of an appraisal or review process. When setting these, consider the performance objectives you must achieve in order to gain ACCA membership. How do these reflect your current responsibilities and the objectives your employer wants you to achieve? The practical experience requirements cover technical accounting skills, a commitment to high ethical standards, a flair for communicating and influencing, use of information technology, and the ability to manage people or resources.
The key issue to address – and this is primarily your responsibility – is how to gain the experience you need to help you meet your objectives.
Many employers have no formal development system in place that encompasses the setting and appraisal of ACCA performance objectives. My Experience is designed to help you plan, record, and report your practical experience to achieve the requirements for ACCA membership, alongside your employer’s expectations.
Make the most of your practical experience supervisor and don’t rely solely on official appraisals or formal meetings to obtain feedback. Remember, gaining practical experience is primarily your responsibility. The following guidance will help to develop some good habits when tracking your progress:
In this way, careful planning and constant focus will ensure you meet your performance objectives effectively.