If you have your training contract, you do not need to renew your contract to take the exams. You can take the remaining exams as an independent student. If you live outside the UK, please take aCA training in other countries for more information. The training agreement has been updated to ensure that it is consistent with the state`s learning rules, is more user-friendly and principled, reflecting the current approaches of many of our registered employers. The updated document is intended for certified training employers and certified training managers. You cannot submit your training file for final approval until the end of your training contract. You must take out a training contract of at least three years and complete at least 450 days of practical internship. What are the benefits of a training contract with AGSA? The training agreement is an important part of the ACA`s training, as it ensures that all ACA students achieve the highest quality and the highest level of training possible. You can control the length of your students` approved training.
This period must be at least two years (if any, as above) or a maximum of five years (unless the student is trained in a strategic degree or other program offered in partnership with an ICAEW learning partner). In most countries, labour law requires your organization to provide an employment contract to your employees. It is a different document and distinct from the ACA`s training agreement. For advice on establishing an employment contract, please contact your staff professional or labour lawyer. You can also access general information for the UK on the CASA website. ICAO rules state that the case study review can only be completed within the last 12 months of a training agreement. However, students may have entered into their training agreement before participating in the case study. In this case, you don`t have to renew your training contract. If you have not completed your practical work experience (PWE) as part of your training contract, you must renew the contract to ensure that you have accumulated enough PWE to meet the requirements. It is important to promote and supervise the development of your students throughout the training agreement, not only to ensure that your students receive the training necessary to qualify as an accountant, but to encourage your students to stay in your organization as soon as they are qualified.
Information about an ACA training agreement must be accurate at all times. If you have a student whose circumstances change (for example. B, change of name, change in the duration of a training contract or situation of dismissal, suspension, cancellation) or change of office, you must update the agreement and inform us. You must agree on an approved course that will allow your students to gain the necessary 450 days of practical experience: you cannot apply for ACAEW membership until you have completed your ACA training contract. The ICAEW encourages students to stay with their employer for the duration of their training contract, if this is not possible, you must re-register in another training contract to complete the remaining time. Please note that for less than three months, you must register for at least three months and receive a minimum of 65 days of practical training. This is a formal and written agreement between a student and an employer, which applies specifically to your ACA training. It describes the support you receive from your employer while you study and what is expected of you in return. It also provides a structure for the training process and provides a definite starting and finishing point – so you know when a student is going to finish their studies. This bilateral agreement between you and your students describes the support you will provide (for example.
B paid education, study leave and tutoring) and what you expect from them.