AIA requires a minimum of three years’ IPD, which is relevant, carried out at progressive levels of responsibility, fully documented, and reviewed and certified by a professionally qualified accountant (an International Accountant, a member of an IFAC member body or a member of a statutorily recognised professional body). IPD must demonstrate your technical competency together with the ability to apply professional skills, values and ethics in the workplace.
WHERE TO OBTAIN IPD
The diverse nature of accountancy work makes it possible to gain your experience in industry, commerce, public practice and the public sector. You can obtain experience in more than one sector and you may find that a variety of experience will benefit your career. The organisation in which you undertake your IPD can be any size and the type of work may vary from one employer to another; however your employer should be able to offer you a varied training environment and must facilitate access to guidance and support from a professionally qualified accountant.
WHEN TO BEGIN IPD
IPD may be gained before, during study for, or on successful completion of, the AIA exams, or a combination of these; however, AIA strongly recommends that IPD is completed alongside the exams. Whichever route you choose the IPD must be concluded within ten years of registration as an AIA student.
WHAT CAN BE COUNTED AS IPD
AIA will accept periods of six months or more full-time employment as IPD. Part-time work experience will be assessed on its merits, please contact AIA for further guidance. In order for experience to count as IPD it must be fully documented, reviewed and certified by a professionally qualified accountant (an International Accountant, a member of an IFAC member body or a member of a statutorily recognised professional body).
All Students, Graduates and Affiliates are required to complete and submit an IPD Annual Declaration by 1 October each year. Copies of the declaration can be submitted via post, fax or email.
Once you have completed your three years’ IPD, you are eligible to apply for Associate membership. Achieving Associate membership means that you have completed your professional accountancy qualification and are a qualified professional accountant. It is the last, and arguably the most important step of becoming professionally qualified.