Training contracts

What is a training contract?

To qualify as a chartered accountant, students must complete a training contract with an organisation authorised by the ICAEW.

Preparing a training contract

The ICAEW has produced a proforma training contract that you can adapt to reflect your own training policies.
Amending a training contract

An employer can amend a students ACA contract either by extending or reducing the length of a ACA contract.
Suspensions and cancellations

A training contract can be cancelled (eg resignation of student) or suspended for up to 24 months (eg long-term illness, maternity/paternity leave etc).

Counting previous work experience

Students can apply to the ICAEW to recognise work experience completed before the start of a training contract.
Secondments and part-time working

External secondments are a good way of providing your students with a range and depth of work experience.
Employment contract for ACA students

Your ACA student will require you to provide them with both an employment contract and a training contract.