September 20, 2011 at 8:24 am #49869
Hi, I am doing home study for ACCA and have successfully completed 5 of the exams. I also work in a firm of accountants and have done so for nearly 20 yrs. (I am AAT Qualified).
I dont understand exactly what Im supposed to do with the TDM Annual return things we have to submit each year to ACCA for practical experience. Up to now on my annual returns I have just ticked the box saying “none achieved this year”.
I have asked ACCA what I need to do – not much help!
I have asked at work – noone seems to know!
Can anyone tell me what I have to actually do or even if possible give me an example?
By the way Im NOT looking for something to copy off I just am genuinely confused at what Im supposed to be doing with the returns and how you go about it!
ThanksSeptember 28, 2011 at 10:29 am #88247
Well I guess nobody wants to offer me any advice!
Thanks a bunch!September 28, 2011 at 10:55 am #88248
hey ..i’m sorry that no one noticed your question so far.
well let me try to help you.
TDM is actually just …nothing special. But at the beginning it’s very confusing.
Easiest thing is annual return.
What you need is simply enter details of your employer , as long as you are employed.
And as u work all year round , you just enter those 12 months by the end of each year. (you don’t need to worry about the time u spent in vacations , leaves etc…it’s all normal for any employee)
If u have a break for 1-2 month, due to any reason, you change job or etc.
then you enter amount of months that u actually work. But looks like it’s not your case.
for you it’s just 12 months each year. ..so u enter those following TDM pages , click confirm..and that’s it.
Later when u will apply for membership, you will need to get a letter from your employer confirming that you really worked for that company during those 3 years.
if u change employers during those 3 years, then you will need a letter from each employer.
And as for PER.
Well that’s a bit …boring thing and quite time consuming, but you have all those years to complete it.
PER are performance objectives that you have to achieve.
Ideally how it should work.
You need to have a mentor ..that is usually your line manager. Say if u work in the accounting office, then i guess cheif accountant is ideal mentor for you. This mentor should give u tasks and by achieving those tasks u reach performance objectives and gain experience.
But surely …i guess it hardly works this way.
Usually people look at those performance objectives , then think of what they were actually doing at work place…and compose what to write.
Or they really go and discuss with mentor about ..which task you could do to reach this or that objective.
Once u answer all challenge questions which are provided in TDM, u send it to mentor, which sign it off.
He will just need to click : sign off.
And that’s all . your objective is considered achived.
ACCA has the right to monitor your progression in TDM, but i guess you don’t need to worry about it much.
I haven’t met any person who compained on problems with PER. , i.e. ACCA told that it shouldn’t be signed off, it’ not completed ..etc.
ACCA provides a REALLY detailed guidance for TDM,
how to submit annual return ,how to deal witht PER.
videos and a broshure for PER, plus guidances and model ansswers for each performance objective.
IT takes time and effort to familiarize with all those., but u will just nee to do it once.
So i suggest u to check all of them:
P.S. turn on the sound, as there is a fancy guy on the right of the page , that is guiding you when you browse those pages
hope it helps,
good luckSeptember 28, 2011 at 12:17 pm #88249
Thanks for the response – I will check out the link
PS – my above comment was said “tongue in cheek” lolSeptember 28, 2011 at 12:34 pm #88250
you are welcome.
wish you patience for PER.
me personally i struggle to push myself completing those.
tongue in cheek lol …what is that expression supposed to mean ?September 28, 2011 at 12:55 pm #88251
tongue in cheek – means “said with an element of humour” or “not said seriously”
when I remarked above “nobody wants to offer me advice – thanks a bunch!”
I have had a brief look whilst eating my lunch at the link and it looks pretty useful so am going to print the stuff off for a better read laterSeptember 28, 2011 at 12:59 pm #88252
okay , thanks ..
indeed, you rather print it all and refer to it again and again and things might not be clear immediately .
good luck!November 5, 2012 at 5:20 am #88253
I want a completed models of the challenge questions and answers of all the 13 performance objectives.November 5, 2012 at 9:28 am #88254
Very Sorry Rishi,
But the PER is something you HAVE to do yourself.
Also to be fair, why should the rest of us put in all the hard work of completing these just for them to be copied??
Copying or even cribbing the PER objectives is unethical, and ethics are a big part of ACCA’s rules. I personally am not prepared to break them.
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