To obtain a training contract, you must apply directly to an ICAEW-approved training employer for a job or from a registered certified training manager. Frequently asked about the ACA`s training agreement. Practical work experience is gained through a training agreement with one of our certified training employers around the world. They must complete at least 450 days of practical training, which usually last between three and five years. The knowledge, skills and experience gained through your training agreement are invaluable and give you the opportunity to put into practice what you learn. To become an accountant, you must complete 450 days of on-the-job training, in addition to the ACA qualification elements. To do this, you must abide by a training agreement with a company or an accountant certified by the ICAEW. The changes should normally be communicated to us by your employer, but it is your responsibility to discuss them with them to ensure that we are informed of changes to your training contract. If in doubt, talk to your qualified training professional (QPRT). You must register the training contract in the office where the student is based. Each AWA must meet strict ICAEW standards to provide training to the ACA, including a “qualified person responsible for training” (QPRT), who is probably your mentor.
Your QPRT is required to inform us of the reason for the termination of your contract and whether you think you are appropriate and appropriate to continue ACA training if you wish in the future. You must therefore ensure that your behaviour is professional at all times. A potential employer will ask your current employer for a referral that will confirm that you are fit and regular to continue training with the ACA. It is important that you read and understand the training agreement before signing it, as it is a formal agreement. It also provides a structure for the training process and provides a definite starting and finishing point – so you know when a student is going to finish their studies. This bilateral agreement between you and your students describes the support you will provide (for example. B paid education, study leave and tutoring) and what you expect from them. Each year, ICAEW-approved companies offer approximately 6,000 training places to study the ACA and complete the practical experience of qualification. There are four essential elements of ACA qualification that must be successfully completed to be eligible for ICAEW membership. These are the 15 exams, practical experience (PWE), professional directors (PD) and ethics and professional skepticism (ELP). In addition, students must enter into a training contract lasting at least three years and submit regularly during this period to an evaluation/verification of progress with your employer.
If you have completed these items in your training file and your employer has completed the final opt-out, you will be invited to become a member of the ICAEW after processing your training materials.