for u…
- professionalism / ethics / governance
- personal effectiveness
- business management
As you can see, these are generally non-accounting/financial related and should be achievable by all.
The next 4 are to be chosen from 11 from 5 areas. They are definitely accounting/finance related but they are strictly not accounting/finance jobs. The details are as follows:-
Financial accounting and reporting
– prepare financial statements for external purposes
– interprete financial transactions and financial statements
Performance measurement and management accounting
– prepare financial information for management
– contribute to budget planning and production
– monitor and control budgets
Finance and financial management
– evaluate potential business / investment opportunities and the required finance options
– manage cash using active cash management and treasury systems
Audit and assurance
– prepare for and collect evidence for audit
– evaluate and report on audit
Taxation
– evaluate and compute taxes payable
– assist with tax planning
So realistically, what should you do?
Answer – Get yourself involved actively in at least 4 of the above activities. Diarise the whole process for each activity so as to evident your involvement. Your supervisor must be satisfied with your participation to finally sign off.
You have time to achieve all 13 ie. from the day you start work till whenever you are ready over different supervisors / departments / employers / companies etc.
So it is good to keep PER info in your office all the time!
Welcome more questions. Till then, cheers.
Accounting with Edgar 
Hi, I’ve been an affiliate member for a number of years (way before Jan 07) although I work in an IT organisation as a project manager. I’ve implemented a number of packaged accounting systems (e.g SAP, ACCPAC) as well as developed accounting systems with double-entries, acrrual handling, Journal postings, and taxation rules from scratch for a few clients. However, there is no suitable mentor in my organisation to sign-off my work. With regards to the first 9 Essentials are from 3 main areas ie. professionalism / ethics / governance, personal effectivenessand business management, can I get my non-finance/accounting reporting officers to sign-off?As for the other 4 accounting areas, is there any suggestions for me how I can achieve the experience?Thanks!