Acca Per Questions
answering challenge questions
answering challenge questions
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Practical exPerience requirements (Per) challenge questions samPle answers 01 03 04 05 08 10 13 15 17 19 Demonstrate the application of professional ethics, values and judgement Raise awareness of non-financial risk Manage self Communicate effectively Improve departmental performance Prepare financial statements for external purposes Contribute to budget planning and production Evaluate potential business/investment opportunities and the required finance options Prepare for and collect evidence for audit Evaluate and compute taxes payable 6 7 8 10 12 13 14 15 16 17 4 5
answering challenge questions
CONTENTS
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practical experience requirements (per)
As part of your practical experience requirement (PER) you are required to achieve nine Essentials and at least four Options performance objectives (making a total of 13 or more) to the satisfaction of your workplace mentor.
Performance objectives are ACCA’s indicators of effective performance, and set the minimum standard of work that you are expected to achieve and demonstrate in the workplace as a trainee accountant.
Performance objectives essentials Performance objectives – comPlete all nine Professionalism, ethics and governance 1 2 3 Demonstrate the application of professional ethics, values and judgement Contribute to the effective governance of an organisation Raise awareness of non-financial risk oPtions Performance objectives – choose any four financial accounting and reporting 10 Prepare financial statements for external purposes 11 Interpret financial transactions and financial statements Performance measurement and management accounting 12 Prepare financial information for management 13 Contribute to budget planning and production 14 Monitor and control budgets finance and financial management 15 Evaluate potential business/investment opportunities and the required finance options 16
answering challenge questions
[SECTION TITLE]
1
2
contents
Practical exPerience requirements (Per) challenge questions samPle answers 01 03 04 05 08 10 13 15 17 19 Demonstrate the application of professional ethics, values and judgement Raise awareness of non-financial risk Manage self Communicate effectively Improve departmental performance Prepare financial statements for external purposes Contribute to budget planning and production Evaluate potential business/investment opportunities and the required finance options Prepare for and collect evidence for audit Evaluate and compute taxes payable 6 7 8 10 12 13 14 15 16 17 4 5
answering challenge questions
CONTENTS
3
practical experience requirements (per)
As part of your practical experience requirement (PER) you are required to achieve nine Essentials and at least four Options performance objectives (making a total of 13 or more) to the satisfaction of your workplace mentor.
Performance objectives are ACCA’s indicators of effective performance, and set the minimum standard of work that you are expected to achieve and demonstrate in the workplace as a trainee accountant.
Performance objectives essentials Performance objectives – comPlete all nine Professionalism, ethics and governance 1 2 3 Demonstrate the application of professional ethics, values and judgement Contribute to the effective governance of an organisation Raise awareness of non-financial risk oPtions Performance objectives – choose any four financial accounting and reporting 10 Prepare financial statements for external purposes 11 Interpret financial transactions and financial statements Performance measurement and management accounting 12 Prepare financial information for management 13 Contribute to budget planning and production 14 Monitor and control budgets finance and financial management 15 Evaluate potential business/investment opportunities and the required finance options 16