2. Today’s presenters from ICAEW
Stephen Lamdin
• Senior Consultant with ICAEW’s
International Capacity Building
(ICB) team
Jon Hooper
• Senior Manager in ICAEW’s
ICB team
3. Where have we helped develop a PQ?
• Bangladesh
• Botswana
• Cambodia
• Ghana
• Kyrgyzstan
• Lesotho
• Malawi
• Myanmar
• Nepal
• Nigeria
• Tanzania
• Zambia
• Zimbabwe
5. Technical Competence (IES2)
• Challenges:
1. Credits for prior learning
2. National relevance
3. Keeping up to date
4. Authoring
5. Teachers
6. Teaching in a digital age
• Key elements:
Competency Based
Internationally Recognised
Learning Materials
Quality Tuition
7. Assessment IES6
• Challenges:
1. Finding examiners
2. Pass Rates (IES1)
3. Case Study
4. Examining in a digital age
• Key elements:
High Quality examiners:
Technically competent
Willing to engage in the review process
Modern processes
Strong Governance
Entry and Exit points
8. Work experience (IES5)
• Challenges:
1. Recording
2. Employer involvement
• Key elements:
Determining requirements:
Where?
How much?
What work?
Policing
9. Professional Development/Ethics
• Challenges:
1. Creating a skills scheme
2. How do you cover ethics
3. Recruiting employers
• Key elements:
Professional Skills (IES3)
Ethics (IES4):
In exams
In practical experience
10. Maturity Model: Professional Qualification
• Part of the Maturity Model
Guidance Series for professional
accountancy organisations
focusing on the development of a
professional qualification
• Written by ICAEW for the
Confederation of Asian and Pacific
Accountants (CAPA)
• Due to be published in Q4 2021
11. Summary
• Developing a national PQ to comply with SMO2 is not to be undertaken lightly
• Requires significant resources and costs... but significant benefits
• The larger you are the easier it is
• Working with a third party or regional grouping can help
Abu Dhabi, Afghanistan, Bangladesh, Belgium, Botswana, Cambodia, Croatia, Cyprus, Dubai, Ghana, Jordan, Kenya, Kyrgyzstan, Lesotho, Malawi, Myanmar, Nepal, Nigeria, Pakistan, Philippines, Samoa, Saudi Arabia, Serbia, Sri Lanka, Tanzania, Thailand, Turkey, Vietnam, Zambia, Zimbabwe = 32 countries around the world
2019 = 24 visits to 13 countries / 490 nights away by our team of consultants