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Chartered Accountants Program: changes to the CA program rate with employers

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In 2005 the Institute conducted an intensive 12-month review led by members, on the relevance and quality of the Chartered Accountants Program. 
 
As a result of what you told us, we have made the following changes to the Chartered Accountants Program:

  • Developed four new technical modules; Taxation; Audit and Assurance; Financial Accounting and Reporting and Management Accounting and Analysis
  • Introduced a new Ethics and Business Application capstone module
  • Strengthened the technical and business competencies of graduates, ensuring they are ‘work ready’
  • Delivered the program in a timetable that maximises flexibility
  • Widened the funnel by opening the program to graduates with non-accounting degrees to undertake an entry exam into the program
  • Launched a new practical experience program aligned to international standards.
According to the latest Institute survey, which canvassed the views of 590 employers of candidates, the revised Chartered Accountants Program is clearly meeting member needs, with 87 per cent of those surveyed claiming to be satisfied with the program. This is an increase of eight per cent from 2007. 
 
Satisfaction was found to be highest among decision makers and mentors in commerce with 90 per cent of those surveyed satisfied.  
 
The survey also found that:
  • 94 per cent of decision makers and mentors would advocate the Program
  • 80 per cent of decision makers and mentors believe the Program is good value for money
Decision makers and mentors believe that technical competencies and practical experience are extremely important. This is reflected in the 73 per cent who feel the Practical Experience Program is helpful to both their candidates and themselves.  
 
Overall only 32 per cent of employers surveyed expect to increase the number of candidates they will employ over the next three years, down 14 per cent since last year.  
 
Later this year the Institute will release the new Employer’s Guide, which is aimed at providing employers with additional resources to support their candidates in the program. 
 
Relevant links 
 
Last updated: Thursday, 14 August 2008