What is the current process called Student Training Record (STR)?
Answer - It is where you are required to match your practical experience AGAINST a set of competencies and record them accordingly.
What is the new PER?
Answer - You have to demonstrate that you have met a range of workplace performance objectives ie. benchmarks of effective performance.
What are these performance objectives?
Answer - 9 key and 4 optional performance objectives.
How to complete a performance objective?
Answer - You are to respond to a set of "challenge questions" for each objective online or paper-based.
When to complete the return?
Answer - Annually ie. last quarter of each year.
Who can be my workplace mentor?
Answer - It could be your line manager, mentor or another individual. If possible, select a qualified accountant, so as to avoid being priority flagged for monitoring purposes.
What is the purpose of having a workplace mentor?
Answer -
- select performance objective to work on
- setting targets
- provide access for you to tap on mentor's experience for your overall development
- evaluate and review your progress
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