Qualification Requirements in Addition To The UFE
In addition to successfully passing the UFE, CA candidates must complete a minimum of 28 to 36 months of practical experience with a public accounting firm or an approved CA Training office. The new qualification requirements require a record of CA qualifying experience and is focused in at least 1 depth (Assurance or Performance Measurement and Reporting) and 2 breadth specific competency areas (Taxation Governance, Strategy and Risk Management, Management Decision-Making, and Finance). Students Entering the program prior to September 2009 were under the old qualification system where specific compentancies were not tracked and reported by the students CA Training Office (CATO) to their provincial institute.
Pervasive Qualities and Skills are also assessed in the following areas with a focus on the competencies and proficiency levels CA Students are expected to demonstrate at the point of writing the UFE. These same competencies of ethical behavior and professionalism, personal attributes and professional skills are expected to be demonstrated and developed in the workplace. This assessment should be based on all your Pervasive Qualities and Skills developed over the total period of your practical experience. By the end of your term of practical experience, you are expected to have acquired and to demonstrate ALL the Pervasive Qualities and Skills.
I Ethical Behavior and Professionalism
I-1 Protects the public interest
I-2 Acts competently with honesty and integrity
I-3 Carries out work with a desire to exercise due care
I-4 Maintains objectivity and independence
I-5 Avoids conflict of interest
I-6 Protects the confidentiality of information
I-7 Maintains and enhances the profession’s reputation
I-8 Adheres to the rules of professional conduct
II Personal Attributes
II-1 Self-manages
II-2 Demonstrates leadership and initiative
II-3 Maintains and demonstrates competence and recognizes limits
II-4 Strives to add value in an innovative manner
II-5 Manages change
II-6 Treats others in a professional manner
III Professional Skills
III-1 Obtains information
III-2 Examines and interprets information and ideas critically
III-3 Solves problems and makes decisions
III-4 Communicates effectively and efficiently
III-5 Manages and supervises
III-6 Understands how IT impacts a CA’s daily functions and routines
III-7 Considers basic legal concepts
Read more about this topic: Uniform Evaluation
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