“WANT TO KNOW THE IMPORTANT ROLE THAT ACCA PER & EPSM PLAYS IN ELEVATING YOUR CAREER?”
ACCA PER & EPSM are the essential academic requirements of the qualification of ACCA; without completing either of them, students can not proceed with their academic journey. The ACCA PER & EPSM is not only valued because of the academic obligations, but the reason also includes the value it adds to an individual’s work profile. Employers all across the world demand such financial professionals who have a strong skillset of ethics and professional expertise, as well as hands-on practical work experience in a relevant role and sector. The ACCA’s academic requirements of ‘Ethics & Professional Skills Modules” and “Practical Experience Requirement” play an essential role in equipping aspirants with these skills, which will contribute to the professional growth of ACCA members.
The qualification of ACCA stands out amongst other accounting and finance credentials, especially because it emphasizes equipping students with skills that are essential to survive in the practical world. To know more about ACCA PER & EPSM and their impact on career growth, read the blog ahead.
WHAT IS ACCA PER & ESPM:
ACCA PER & EPSM are either of them academic requirements of the ACCA qualification; aspirants can not become a certified chartered Accountant even if one of these is missing, further explained below:
ACCA PER:
PER stands for Practical Experience Requirement, in which students are required to gain a work experience of around 36 months at least with a credible employer and under a relevant role; this experience should be well documented and signed by a senior ACCA member. Once you complete the required experience, you must submit the documents to ACCA Global along with an application to grant you membership.
ACCA EPSM:
EPSM stands for Ethical and Professional Skills Modules; students are supposed to complete these modules as well to complete the ACCA qualification. These modules are quite value-adding as they equip you with ethical and professional skills that increase your value as a finance professional in the practical world.
IMPORTANCE OF ACCA PER AND EPSM:
There is much importance of ACCA PER and EPSM in the practical world, as these academic practices equip professionals with expertise that enhances their worth in the practical finance world. Employers seek finance professionals with professional expertise, ethical judgement, exposure to the professional world, critical thinking, analytical skills, etc ACCA professionals are well-trained with these skills because of such academic requirements. Students should start taking these requirements much seriously; rather than treating them like an academic obligation, start giving their best shot, considering it a ladder to a success-driven career.
IMPACT ON YOUR CAREER GROWTH:
The positive impact these requirements have on an individual’s career growth is the reason for the enhanced importance of ACCA PER and EPSM; here is how it contributes to offering a success-driven future:
- Enhanced career opportunities as employers demand professionals with such a strong skillset and exposure.
- Progressive career; the experience that you gain proves to be beneficial and helps you achieve better roles with time.
- Better-paying jobs; students with such skills are in demand, therefore, the salary package offered to ACCA professionals is attractive.
- Offers a competitive edge in the job market of the financial sector.
CONCLUSION:
Therefore, it is concluded that ACCA PER & EPSM are indeed amongst many value-adding academic requirements that enhance career prospects, chances of work progression, and professional growth. Students are advised not to be ignorant about these academic requirements, as they are indirectly shaping their financial future; make sure their experience is worth it, and that they manage to use them in their favor. Follow the instructions given by ACCA to avoid any kind of mistakes and in the future avail all the career perks.
FREQUENTLY ASKED QUESTIONS:
Q1: Where can I avail ACCA’s academic guidance?
Ans: You can use several academic resources to avail guidance or support; amongst them are ACCA study Hub, accredited learning providers, credible online resources, etc.
Q2: How can I complete my ACCA qualification earlier?
Ans: You can complete your ACCA qualification earlier by availing ACCA exemptions, if you are eligible for it; students with a prior degree in accounting, finance, or business are usually eligible for exemptions.
Q3: What are the benefits of ACCA being a global qualification?
Ans: Students or Professionals of ACCA are benefitted from the qualification’s global recognition, as it allows them career mobility, enhanced academic resources, increased career opportunities, a competitive edge in the job market, etc.
