You will need to complete at least 450 days of work experience as part of your training agreement. This will provide you with an opportunity to put theory into practice, involving real-life work of a financial, business or commercial nature.
During your training, you must show evidence of at least 450 days of work experience, which must relate to at least one of the following categories:
- Accounting
- Audit and Assurance
- Tax
- Financial Management
- Insolvency
- Information Technology
One working day is considered to be seven hours, so if your normal working hours are longer than this, you may be able to record more time. You can’t count study leave, courses, sickness days, holidays of office administration towards your work experience.
You must continue recording your days until the final day of your training, even if this means you surpass 450 days.
If you are unable to gain 450 days of work experience, you will need to discuss extending your training agreement with your employer.
Recording your work experience
As you progress through the ACA, you must meet your employer at least once every six months. These meetings, known as six-monthly reviews, are to discuss your progress on each element of the ACA.
During this meeting, you should discuss your practical work experience progress to date and confirm the number of days you have completed.
If your employer is happy with the number of days you have accrued, add your number of days to work experience tab of your training file.
Resource
If you have made a mistake when recording your practical work experience days, please complete this form and return it to [email protected].
Applying for credit for prior work experience
In certain circumstances, we may be able to recognise work experience you obtained before entering your training agreement.
Recording your audit experience
If you work for a registered auditor which is authorised to offer audit training, you may be able to log time towards the UK Audit Qualification while you train.