CA Practical Experience Requirements

1.3 The objectives of practical experienceThe practical experience component of CA Qualification is a partnership betweenthe CA profession and CA Training Offices. It is a significant strength of the CAprogram, and a critical component in the CA Qualification process. By applyingformal learning in approved workplaces, under the supervision of experienced CAs,CA Students are expected to develop and enhance their professional abilities andjudgement, demonstrate CA values and ethics, and gain a sense of “belonging” tothe CA profession.Practical experience at a CA Training Office provides CA Students with opportunitiesto:• Apply theoretical knowledge and reinforce technical knowledge;• Develop and exercise judgement, initiative, and executive and administrative abilities;• Develop an appreciation of and commitment to standards of integrity, ethics andindependence;• Respond to client and/or business needs and identify critical issues and solve problemsin real situations;• Develop an entrepreneurial spirit; and• Enhance professional communication and interpersonal skills.Further, practical experience emphasizes CA qualities and competencies, including:• Professionalism;• Independence and objectivity;• Membership in a profession (standards, code of conduct, life-long learning);• Intellectual, logically oriented, and strong analytical skills;• Skills and processes for making judgements;• Professional scepticism;• Evidence gathering and evaluation skills;• Understanding of business and financial processes;• Dealing with different subject matter and professions;• Rigorous documentation practices; and• Subject matter competence.Practical experience provides assurance that CA Students are exposed to a broadspectrum of issues faced by professionals in the process of qualifying to becomeChartered Accountants.CA Practical Experience Requirements 2009 5