INTRODUCTION:
ACCA in Malaysia is a modern and advanced accounting credential with global recognition; it emphasizes not only providing theoretical knowledge and academic clarity but also training aspirants with practical, analytical, and ethical skills. These skills and wide knowledge enable students to step into the complex financial world more confidently and have a success-driven future. The academic initiatives ACCA has taken to improve aspirants’ skills and expertise include making ACCA PER in Malaysia a compulsion for students. In order to become a fully qualified ACCA member, aspirants need to do more than just crack thirteen exams; they need to complete EPSM modules and gain PER (Practical Experience Requirement).
A student is obliged to acquire at least 36 months of relevant work experience in a relevant job with an ACCA-approved employer; the experience should be well documented and signed by an ACCA member. This practical experience enables students to incorporate their theoretical knowledge into real-world scenarios; once they become ACCA members, they have practical experience in their work profile as well. Want to know how you can tailor your ACCA PER in Malaysia to be more career effective? Here is all that you need to know.
7 STEPS TO ACHIEVE CAREER EXCELLENCE THROUGH ACCA PER IN MALAYSIA:
Follow the steps discussed below to achieve career excellence, using ACCA PER in Malaysia as an opportunity.
1: UNDERSTANDING WHAT PER REALLY MEANS:
If you need to achieve excellence in any area, you must understand what that thing really is, what its purpose is, etc. Only then will you be able to plan and take the effective steps to make the experience worth it. Hence, students of ACCA in Malaysia are encouraged to familiarize themselves with the requirements, pattern, and purpose of PER. The key elements that primarily matter include: the work experience should be relevant and at least for 36 months; students need to complete a total of 9 objectives, including 5 essentials and 4 technical. Other than that, it is also recommended to keep regular meetings with a practical experience supervisor to track the progress.
2: CHOOSE THE RIGHT ROLE & EMPLOYER:
To make your experience worth it and to have a smoother journey, you must choose an ACCA-approved employer that focuses on structured development. If your employer is ACCA-approved, it makes the PER sign-off process easy as well. Apart from that, try to gain experience in key areas such as risk management, financial reporting, tax consultancy, etc. If you manage to choose the right employer and practical role for completing your ACCA PER in Malaysia, you are half the way there.
3: SET CLEAR LEARNING AND CAREER GOALS:
Rather than gaining experience just for the sake of completing academic requirements, do it with actual ambition to use this opportunity for increased career benefits. Assess your career ambitions and align them with your PER objectives; this way, you will be able to equip yourself with skills that are effective for your career growth. Make sure you are treating ACCA PER in Malaysia as a personal growth plan that will have good outcomes for your future.
4: DOCUMENT AND REFLECT:
ACCA PER in Malaysia should be well recorded or documented, as aspirants are expected to get it signed and then submit it to ACCA Global to become an ACCA member. While you are in the process of completing PER, record your achievements on the MyACCA portal and reflect on what you have learned regularly. This motivates you to have more professional growth and helps you stay on the right track without missing out on any achievement.
5: DEVELOP BEYOND TECHNICAL SKILLS:
While technical skills are important in the financial world, professionals of ACCA in Malaysia are expected to have more than that on their plates. Hence, focus on gaining analytical/soft skills as well; this will add value to your professional profile. Focus on developing skills including effective communication, leadership & teamwork, professionalism, ethical judgement, etc. All these analytical skills are vital for finance professionals, especially if they aim to become eligible to take over senior-level professional roles.
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6: BUILD A STRONG RELATIONSHIP WITH YOUR SUPERVISOR:
A supportive supervisor is a blessing for an aspirant, as you have direct interaction with your supervisor, and he is responsible for validating your achievements; you must be able to communicate proactively. It is important to update them on your progress, achievements, and ask for feedback; if you have a good relationship with your supervisor, he can help you identify opportunities and ensure your documented experience matches the standards of ACCA.
7: STAY CONNECTED TO THE ACCA COMMUNITY:
Along with focusing on completing the requirement of ACCA PER in Malaysia, students who want to have a progressive career are advised to stay connected to the ACCA community by attending ACCA events, webinars, seminars, and networking sessions; this helps them stay connected with peers, colleagues, mentors, and employers. This strong professional network can help you in availing the best career opportunities and have a successful future in the finance sector.
CONCLUSION:
Indeed, ACCA PER in Malaysia can help you achieve a very promising and secure financial career if used the right way. ACCA students should treat this academic requirement as a direct pathway to achieve their career goals rather than just an obligation. If you stay committed to learn through this experience and give it your best shot, you will see results in the form of career excellence.
FREQUENTLY ASKED QUESTIONS:
Q1: What are the Performance Objectives of ACCA PER in Malaysia?
Answer: To gain ACCA PER in Malaysia, you must complete nine performance objectives (5 essentials and 4 technical); the essential objectives cover your skills like ethics, communication, management, etc. Whereas technical objectives are more focused on your work areas, for example, financial reporting, taxation, etc.
Q2: Do part-time work experiences and internships count in PER?
Answer: Yes, you can count internships and part-time work experience as your PER as long as it is in the relevant role, with an ACCA-approved employer, and supervised.
