CA Practical Experience Requirements

Appendix 1 : The CA Profession’s Pervasive Qualities and Skills and Specific Competencies5. Management Decision-Making Competencies• Participates in the identification of the key information needs of an entity• Participates in the identification of the entity’s key performance indicators• Identifies and/or evaluates acquisition or sourcing decision factors (IT or other)• Monitors and evaluates product pricing and costing systems• Evaluates make-or-buy decision factors• Evaluates transfer-pricing options• Analyzes variances within costing systems/budget• Prepares an entity’s budget• Prepares a cash flow projection• Improves the information gathering infrastructure6. Finance Competencies• Establishes or evaluates financial objectives• Analyzes the entity’s financial situation• Monitors cash flow• Analyzes the entity’s working capital• Identifies and evaluates sources of funds, including financial instruments• Develops or analyzes business plans or financial proposals• Analyzes the purchase, expansion, or sale of a businessTogether, the two sets of competencies provide the basis for qualifying practicalexperience as defined in CA Practical Experience Requirements.CA Training Offices are encouraged to refer to The UFE Candidates’ CompetencyMap for a further understanding of the Pervasive Qualities and Skills and the SpecificCompetencies.By the completion of their term of practical experience, CA Students are expected tohave demonstrated:• All the Pervasive Qualities and Skills;• A significant number of the Specific Competencies as defined in Section 3 of thisdocument to the proficiency level of an entry-level CA as defined in section 3.4.34