Professional Development Framework for PAIBs
Objective
Developed by the Professional Accountants in Business (PAIB) Committee of the Institute, the Professional Development Framework for PAIBs aims to provide a useful and accessible guide to the competencies – such as prerequisite knowledge, skills, attitude, practices and standards of behaviour – necessary for PAIBs to perform both current and desired roles. The framework can help them to shape their careers, realize their objectives, and take control of their learning to achieve their goals.
Overview of the Framework
The framework defines four different – yet interdependent – knowledge areas essential to PAIBs:
| Knowledge Area |
Competencies |
|---|---|
| Technical Skills |
Accounting and Financial Reporting Management Accounting and Reporting Risk Management and Internal Control |
| Business Skills | |
| Leadership and People Skills | |
| Ethics, Integrity and Professionalism | Ethics, Integrity and Professionalism |
Competencies and sub-competencies relevant to different job seniority levels are identified under each knowledge area.
Applicability
For PAIBs – Learning and Development
The framework provides an accessible guide to the knowledge, skills and mind-set required for PAIBs to perform both their current and desired roles at different seniority levels, through performing self-assessment.
For Employers – Performance and Talent Management
The framework enables organizations to plan and develop the skill sets required by the finance team – now and into the future, through evaluating its finance function.
