Competencies Defined

The table below defines the competencies included in the CA2025 Pathway to Relevance Post Qualification Competency Framework.

Proffessional Values and Attitudes

Competencies

Definition

Ethics

Personal ethics

The ethical principles and values applied by an individual to decision-making, conduct and interaction between oneself and others.

Business ethics

The ethical principles and values applied by the organisation to decision-making, conduct and the relationship between the organisation, its stakeholders and society.

Professional ethics

The fundamental ethical principles and values applied by a professional CA to decision-making, conduct and the relationship between the professional, its stakeholders and society.

Lifelong Learning

Adaptive Mind-set

The approach of rapidly assessing information, making adjustments and thriving in difficult situations.

Agility

The ability to rapidly adapt and find solutions to problems.

Inquisitiveness

The tendency to be curious, ask questions and do research to gain new insights and knowledge.

Self-development

Taking the initiative to develop one's own skills, knowledge, interpersonal relationships and work experience.

Citizenship

Personal citizenship

The personal approach of valuing, being responsive and tolerant towards cultural diversity and individual differences and seeking opportunities to have a positive impact on one's local community and environment.

Business citizenship

The recognition of an organisation’s social, cultural and environmental responsibilities to the community in which it seeks its licence to operate and the economic and financial responsibilities to its shareholders or stakeholders.

Professional citizenship

The ability to demonstrate professional behaviour, have a positive impact on one's profession and a commitment to serve public interest.

Global citizenship

The ability to influence and work effectively with those from different cultures to grow international collaboration and prosperity.

Enabling and Future Competencies

Competencies

Definition

Business Acumen

Business external environment

The ability to evaluate the outside factors that impact the operation of an organisation.

Business internal environment

The ability to evaluate the factors within an organisation that influence its decisions.

Planning and organising

The ability to organise, apply time management, file and plan work effectively according to strict deadlines.

Digital Acumen

Computational thinking

Computational thinking is a set of problem-solving methods that involve expressing problems and their solutions in ways that a computer could also execute.

Cyber security

The knowledge and diligence required to protect computer systems and data from theft or damage.

Data analytics

The science of analysing raw data to draw conclusions from information upon which decisions can be made.

Database management

The organising, maintenance and storage of data using database management systems software.

Digital affinity

The orientation to use technology and digital media to optimise the performance of tasks and communication.

Digital familiarity

The knowledge and ability to use existing cognitive and non-cognitive computing systems.

Digital impact

The knowledge and ability to adapt to new technological developments.

Digital user skills

Use technology ethically as an enabler to optimise decision making and to promote business efficiencies and controls.

Interdigital relationships

The orientation to use social media for improve communication and social interactions.

Decision-Making Acumen

Analytical thinking

The ability to identify patterns in information and to break complex problems into manageable parts that can be solved individually.

Critical thinking

The ability to critically assess information by making inferences, recognising assumptions, doing deduction, making interpretations, evaluating arguments and drawing conclusions.

Effective decision-making

The ability to logically weigh positives and negatives of options, consider alternatives, envisage outcomes and to determine which option is the best.

Entrepreneurial thinking

The ability to recognise opportunities in the marketplace and understand how and when to capitalise on them.

Innovative thinking

The curiosity, creativity and ingenuity to develop new ideas, strategies and plans to improve services, products or processes.

Integrated thinking

The ability to define all aspects of a problem, analyse relationships between the different aspects, balance tensions between opposing variables and outlining how decisions are reached.

Judgement

The ability to critically evaluate information to make logical conclusions and fair decisions.

Numerical reasoning

The ability to apply mathematical concepts and principles to solve theoretical or practical problems.

Problem solving

The process assessing details of a problem, analysing options and designing the best solution.

Professional scepticism

An approach of questioning information, being alert to potential errors or fraud and critical evaluation of evidence.

Strategic thinking

The ability to envisage a desired future state and redirect plans to reach desired goals.

Sustainable mind-set

The actions and decisions to achieve goals, as well as the formulation of strategies and implementation of initiatives that ensures sustainability for the organisation, considering its people, its clients, its stakeholders and the broader environment.

Value creation mind-set

The actions and decisions to achieve goals, as well as the formulation of strategies and implementation of initiatives that creates value for the organisation, its people, its clients and its stakeholders.

Relational Acumen

Communication skills

The ability to effectively exchange information in conversations or by using written or audio communication channels, driven by good linguistic skills.

Emotional display

The ability to maintain emotions and act appropriately at work.

Emotional regulation

The ability to manage stress in front of clients and co-workers.

Emotional resilience

The ability to remain focused on using rational thinking despite emotional stress over long periods of time.

Leadership skills

The ability to establish and share a clear vision, providing directions and motivation to help others follow plans, balancing conflicts of interests, being an example and remaining creative and decisive under pressure.

Managing others

The organisation and coordination of colleagues and their activities to achieve the goals of an organisation.

Relationship-building skills

The ability to establish and maintain positive interpersonal relationships characterised by sensitivity, support, respect and constructive resolution of differences or conflict.

Self-management

Managing and taking responsibility for one's own actions and emotions.

Teamwork / people skills

Ability to value the contributions of other team members, achieve shared goals and to capitalise on ways to optimise team strengths.

Technical Competencies

Competencies

Definition

Assurance engagements

The expression of a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party about the outcome of the evaluation or measurement of a subject matter against criteria.

Audits of historical financial statements

The process of enhancing the degree of confidence in financial statements by the expression of an opinion by the auditor on whether the financial statements are prepared, in all material aspects, in accordance with an applicable financial reporting framework.

Automation management

The oversight of the implementation and maintenance of automation technology and practices. Automation is the technology by which a process or procedure is performed with minimal human assistance.

Business processes implementation

The execution of a series of logically related tasks to produce a desired set of results.

Business strategy

The planning, methods and coordination of effort involved in achieving a desired business objective.

Business system applications

The methodical procedures or processes built into applications that is used to deliver goods or services to clients.

Change management

Managing the ability to cope with, manage and flourish in a changing environment.

Design and innovate

The description of a concept followed by a process of translating the concept into goods or services that will add value to an organisation or clients.

External financial decision-making

The performance measures, descriptors and declarations that are in place for investors, creditors and other external users of financial information.

Financial management

The organising, monitoring, controlling and directing of how monetary resources of an organisation should be used and reported on.

Governance model

The framework of rules, procedures and contracts by which an organisation maintains transparency, accountability and fairness in its relationships with employees and stakeholders.

Internal financial decision-making

The performance measures, descriptors and declarations that are in place to guide decision-making by management and other internal users of financial information.

Investment decisions

The decisions related to how, when, where and how much capital will be invested in opportunities, based on the potential risk and reward.

Laws and regulations

Ability to apply knowledge about an industry to identify an organisation’s compliance with legal and regulatory obligations.

Managing uncertainty

The coordination of decisions that have to be made despite incomplete information, unknown factors or unpredicted events.

New developments and protocols knowledge

The understanding of what new digital developments and protocols entail, and the ability to investigate the use and impact of these new developments and protocols.

Operational decision-making

The ability to make effective short term decisions in the absence of prescriptive long term strategies.

Project implementation

The execution of plans, control mechanisms, monitoring and review of activities to successfully complete a project.

Providing advice

The ability to provide support, feedback and guidance to help individuals complete their tasks successfully.

Quality assurance

The ability to attend to detail and produce work that is accurate and of a high standard.

Reporting fundamentals

A framework according to which critical financial and audit information will be reported.

Resource mobilisation

The activation of the economic or productive activities required to achieve desired outcome.

Review, analyse and monitor

The re-examination of past information, systematic evaluation of data to establish cause and effect relationships, and the repeated measurement and control of parameters to assess whether a critical point is under control.

Risk and asset management

The process of identifying, analysing and assessing risk and deciding how to control, avoid, minimise or eliminate unacceptable risks and the administration of investable assets, aimed at achieving an optimum risk to reward ratio.

Stakeholder management

The process of maintaining constructive relationships with individuals, groups or organisations that has an interest or concern in your organisation.

Tax governance

The framework of rules and procedures by which an organisation maintains its tax compliance.

Tax planning

The process of minimising tax liability through the use of legal allowances, deductions and exemptions.