ACCA Applied Knowledge · Business and Technology · Competence frameworks and personal development
Priya, a trainee accountant, is writing a personal development plan (PDP). She has already identified her career goal of becoming a finance manager. Which step should logically come next?
After identifying her career goal, Priya should assess her current skills against those the finance manager role requires to identify gaps. Learning objectives and actions are then set from these gaps, before activities are carried out, recorded and reviewed.
- AAssess her current skills and competences against those the role requires to identify gapsCorrect
- BRecord the learning she has completed as evidence of CPD
- CWait for the annual review to learn what training she needs
- DApply for a finance manager vacancy immediately
Explanation
After setting a goal, a PDP requires a gap analysis comparing current competences with those needed. Only then can learning actions be set. Recording completed learning and reviewing come later in the cycle, and waiting for review is not taking ownership of development.
Did you get it right without looking?
One question tells you little. A timed set on Competence frameworks and personal development shows your real accuracy, how long you take and where you lose marks.
More Competence frameworks and personal development questions
- A firm identifies that its audit juniors lack data analytics skills needed under its competence framework. Which sequence reflects the corre…
- Priya has attended many courses and keeps a record of each one with the hours completed, but she has never considered whether the learning i…
- A finance assistant has a long list of tasks. She sorts them by whether each is urgent and whether it is important, and does the urgent and …
- A company introduces a competence framework for its finance department. Which of the following best describes the main purpose of such a fra…
- A finance team member is told that her PDP should be SMART. Her draft objective reads: 'Become better at Excel.' Which revision best meets t…
- Which of the following best describes continuing professional development (CPD) for an accountant?