General ACCAPER Statements Help

Hi Lucy, I am exactly in the same position, looking for a clue how to start writing statements. The whole process is very confusing. If you have found out any information please share. Have managed to start your PER???

Hello All I have just completed my PERs is the registration to membership automatic or someone has to to apply? Some guidance here. Rgds

Hi Seanan, As you have completed your PER, would you mind giving us some advice on the wording etc? Thanks, Laura

Hi Laura Yes I did finish on the 30th June and became a member on the 1st July. Now waiting for certificate to be ratified by the Council meeting in September 15th. How can I be of help? You can get me on [email protected]. Regards

Hi Seanan, Thanks so much will mail u now! ? Laura

Hi Seanan, I also need some guidance on how to write the statement. Can i email you?

Please do...will see how to help. Regards.

hey guys , i have started my studies and went through to completion whilst i was employed in not so relevant roles. Now i want to complete my PER. The first challenge i have encountered is how on earth do i determine %relevance of a role on any of my roles. For now i have just updated with wild percentages to see what happens but I am not sure if its the right way. i would really appreciate if anyone in my situation may assist….

@kasprzakpawel@yahoo.co.uk said: Hello all. I am not sure why so many of you have a problem with it? I dont want to sound like Mister know it all but I have completed all of mine already and found it quite straight forward following the questions. The only part I struggled with was adding extra sentences to make up the minimum number of words - what a nightmare. In basic words, whatever your PER is, just recall some situation, process etc. to that particular requirement and describe in your own words what was the challenge you faced or what you were required to do, what steps did you take to complete that, how did you plan your course of action, what, if any, obstacles have you faced on the way and how have you tackled them. And finally what was the final outcome and what, if anything (if question asks), have you learned from that experience, whether it is a technical or ethical PER. Good luck all! Pawel

Hi Pawel, Would it be possible for you to share a sample?

Hi I've had a few of my PER objectives signed off, struggling on the mandatory ones but thought I'd share one of my statements with you guys. No idea if it's actually correct but it's signed off and that's what matters right? I hope this provides some inspiration for you guys :-) Now can anyone do the same for objectives 2-5 please? 1: Professionalism and ethics Working in a practice environment, I am exposed to a variety of different clients each with their own unique situations and needs. Whether bookkeeping, preparing accounts or auditing I must ensure that I am applying all appropriate legislation at all times, updating myself on new legislation as required and looking up the correct legislation for situations I have not come across before. An example of this is ensuring that I applied the correct treatment to properties when FRS 102 came into effect for some of our clients. I researched the correct treatment, checked it with my manager and ensured it was applied correctly to the accounts and disclosure notes. When preparing accounts I am required to do so in an ethical manner, this includes checking the supporting documents to ensure that transactions exist and are treated correctly, and ensuring that non-taxable deductions are treated as such. When making decisions, I am careful to use appropriate and reliable information where available, referring decisions to my manager where necessary if judgments need to be made on incomplete information. I have completed all code of conduct and ethical training provided by my employers, both past and present, and have also completed the ACCA Professional Ethics module. I have undertaken data protection training and I am careful not to disclose information to third parties without client permission. I am aware of the code of ethics and am comfortable in reporting unethical behaviour to my manager where necessary, although I have not had to do this in my current employment, it has been necessary to report behaviour in my previous employment at ********** PLC. I am careful to maintain independence from my clients, especially those for whom we perform audit services and am aware of how to avoid threats to my independence.

A successful PER for one person won't be any good for another, not just because our experiences are different but mostly because the person signing them off is different. Just complete one of the easier objectives, share it with your mentor and go from there. The ACCA even simplified the process last year, reducing the requirements considerably. Asking for examples is pretty pointless and I'd say borderline unethical.

Hello Guys , I have work in a pharmaceutical as trainee accountant for about a year but didn't write my PER . problem i am facing now i am confused what to write as my past one year experience as i am no longer working there . If someone please share their PER would be helpful thanks in advance .

Hi All, I am working within a small business doing tax returns and self assessments however I am confused as to what to write in the Tax section of the PER. Has anyone done this objective before? If someone can provide a small example statement, just so I know how to work it? Many thanks!

Why cant you all just grow a pair and figure it out yourself. It isn't rocket science. If you are struggle to fill it in then maybe you haven't actually got the experience yet!

I totally agree with you!! So many threads about the very same topic... sooo annoying! I wonder how these people have managed to complete ACCA and still have no clue what is expected from them as accounting professionals (which is all the PER are about)!! Whatever, rant over, let's the begging session go on....

@acca1989 said: Why cant you all just grow a pair and figure it out yourself. It isn't rocket science. If you are struggle to fill it in then maybe you haven't actually got the experience yet!

It is easy to behave in this way, like things are or should be easy because you found them easy or you have done the process already. It is plain mean to judge this way when some people are obviously clueless and the least we can do is provide advice and support or maybe just stay quiet if you cannot help.

Just write a statement that describes how you've fulfilled the objectives. If you've actually done them this should be easy. My problem was limiting the statements to 300 words as I could have written far more, especially as ACCA's word count seemed to be about 15-20% higher than MS Word for some reason. I found myself writing a statement that came out to 400-500 words then trying to edit it down, shortening sentences and removing words which weren't 100% necessary. My advice would be to write a couple of sentences as a brief introduction and then a couple of sentences for each of the 5 elements of the objective. You want to end up with something that clearly demonstrates you have met all 5. There is not enough room to do anything more than this. You certainly can't go into details about how you did each thing or give long lists of examples. I would post my statements as an example but they contain personal information, and I'm sure some lazy students would just copy them word for word and submit them.

@moe30 said: To give you my 2 cents ive recently completed my PER. I struggled at first, spent half a day and got no where. Remember you only need to give examples of 2 of the points in each section and not every point - otherwise impossible to fit within 300 words. Also the best thing for me was to use a friends PER saved in word as a guideline to complete mine. Once i had his all of a sudden writing the experience became easy and i completed all 9 elements within 2 days.

Hi moe30, there are 5 elements to claim for each objectives right? So may I know is it the 2 of the points in each section you mean is refer to I would need to describe my work for only two elements? Or give 2 examples of each 5 elements? Thanks for you help!

I am about to type up my last 3 PER objectives after next week's exam. I am done with 7 out of 9. Need to type up 8, 9 and 10 then I am done with my PER. So happy. :) When I called ACCA about a month ago, they said that as long as your mentor is satisfied you have achieved the objective properly, doesn't matter how many of the elements you "tick". I believe the elements are only there to give some sort of idea and framework to go with and of course to maintain consistency so that people have similar quality of PER to become a member. It's only fair as can you imagine if one person barely had any experience and completed the PER objectives barely knows anything and then somebody else works in a higher position with a lot of responsibility like preparing budgets, financial statements, managing a team or a department etc. I find it ridiculous that people can't be bothered to call ACCA and ask for guidance on PER and read about it but rather choose the easy option and "plagiarise" someone else's already written PER statement.

Hie guys. can someone help me on writing my PER statements . i know l have to write what l did but its hard .. Can someone help please. l managed to write objective 1 and 5 .

The first one is always the hardest one but after you've had a go at it and you've had periodical discussions with your supervisor it gets easier. What I suggest is to just use the elements as a guide to do the write up and discuss it with your supervisor and make the necessary changes. You have to start somewhere.

I was like you all after passing my last exam in march. I didn't know where to start or what to write. I have now completed 6 with the help of my manager. (as in giving me criticism and advising what else can be done to complete the objective) What I did was write a statement answering the description and also giving 3 or 4 examples which help cover the elements. I was on usually 500-600 words so then had to cut it down to 300 words. first one is always the toughest

Hi all, I hope you are all well, I am a South African and i have spent 3 years completing accounting articles locally at a Medium sized firm, in the three years of articles i was mainly completing audits( From planning to finalization and working on taxes for individuals trusts and Companies. I know i have met the performance objectives related to the papers on Audit and tax, however i would prefer to complete P4 and P5 instead of 6&7. my articles did expose me to matters relating to financial management and we went on additional courses to gain further insights on this topic, however my core competence will be in tax and audit. Can i still use tax and audit objectives to qualify without completing the tax and audit paper? Your help will be appreciated

@siyaj said: Hi all, I hope you are all well, I am a South African and i have spent 3 years completing accounting articles locally at a Medium sized firm, in the three years of articles i was mainly completing audits( From planning to finalization and working on taxes for individuals trusts and Companies. I know i have met the performance objectives related to the papers on Audit and tax, however i would prefer to complete P4 and P5 instead of 6&7. my articles did expose me to matters relating to financial management and we went on additional courses to gain further insights on this topic, however my core competence will be in tax and audit. Can i still use tax and audit objectives to qualify without completing the tax and audit paper? Your help will be appreciated

There is no link between which exams you do and which PER objectives you do. You can do any combination.

Chris thank you.

Does anyone know how long ACCA take to respond once your supervisor confirms and PER objective?

I did my essentials. Tried to figure out whether to do a short example for each element or longer examples covering most but not all - on the basis my manager would sign off the elements because I have demonstrated them, just not in the examples. Called ACCA and they confirmed the latter, as mentioned above by someone else. I did two examples per objective, 100-150 words each. Using the STAR technique - Situation, Task, Action, Result. Have a look for example competency questions and answers. I found I hit about four of the five elements in two examples. My manager signed off the first few, waiting on two more. He made suggestions to add things and that’s possible until approved when it’s locked. Fingers crossed ACCA are happy if I get audited on qualifying. It’s strange there is no formal guidance or examples provided by ACCA.

Hi, Will people from ACCA read the text of objectives that have been approved by supervisor? If ACCA can refuse to accept the approved objectives for PER?

Sample answers by ACCA to PERs: https://www.accaglobal.com/content/dam/acca/global/PDFstudents/acca/per/per_challenge.pdf or just google "PER answering challenge questions"

Now I have become a member I am prepared to post an example of a PER statement. This is for PER objective 6 (Record and process transactions and events). Bear in mind that ACCA has just tweaked the PER: adding 2 new objectives, adding references to digital skills and increasing the maximum word limit from 300 to 500 words. This statement was written and approved before this change. Please do not just copy and paste this statement into your own PER. It is a guideline only and your PER should reflect your own experience. I don't claim this is a 'good' statement or what ACCA is looking for. It is just what I wrote. I take no responsibility if you use elements of this statement and this later gets picked up on a PER audit. My statement: "During my time at (company) my team was responsible for the financial accounting and reporting of three business units - both the monthly financial accounting processes and quarterly and annual reporting for the units. Reporting was done under IFRS and we were also responsible for other reporting metrics. As part of the team I performed a variety of daily, monthly and quarterly processes in order to perform the day-to-day financial accounting processes for the three business units. These duties included daily bank reconciliations and cash transfer requests, performing reconciliations, calculation and posting of accruals, conversion of foreign currency transactions and verifying accuracy of automated system generated journals. Many of the processes required me to produce and input accounting journals onto the general ledger system. On a quarterly and annual basis I performed the financial reporting processes for one of the business units. This involved producing a summarised set of accounts and calculating and posting the required quarter end adjustments. I also had to calculate and post journals for estimated inter-company transfers between my business units and other business units, and then post adjustment journals once the final numbers were confirmed. Throughout I had to be aware of financial accounting standards and our own policies, for example posting journals to recognise expenses in the period they were occurred rather than the period they were paid in. Another part of my role involved reviewing the controls around key spreadsheets, checking the controls were operating effectively and reviewing any changes made by other members of the team."