Initial professional development (IPD) is an integral part of training to become a chartered accountant. The ACA qualification cannot be gained without successful completion of this.
What is initial professional development (IPD)
IPD is designed to help you integrate your exam studies, technical work experience and the development of your professional skills.
There are two ways to complete IPD:
- ICAEW's IPD scheme
- Your employers' accredited IPD scheme
The IPD scheme helps ACA students to develop professionally by considering your work experience in five key areas that define a chartered accountant:
- ethics and professionalism
- personal effectiveness
- technical and functional expertise
- business awareness
- professional judgement.
How to complete your initial professional development (IPD)
The requirements for students following the ICAEW IPD scheme and for students following their employers' accredited IPD scheme are slightly different. Your employer will advise you on which IPD scheme you will be following. You should only complete one scheme.
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