On 10 March 2021, SAICA officially launched the approved CA2025 competency framework to stakeholders. This framework describes CAs(SA) as responsible leaders who behave ethically and deliver sustainable value to a wide range of stakeholders, now and into the future.
The CA2025 competency framework is the culmination of a detailed research project with extensive consultation among a wide range of people. It sets out the competencies entry-level CAs(SA) are expected to demonstrate and has been rigorously and robustly researched to ensure the ongoing, future-focused relevance of accountants in the world we live and work in. This world is often described as a VUCA world – Volatile, Uncertain, Complex and Ambiguous. Add to these technological advances factors such as climate change, social justice and many other complex issues we are required to deal with head-on, and it becomes evident that accountants are no longer just the ‘bean counters’ of yesteryear.
The CA2025 competency framework therefore informs the competencies to be developed and assessed throughout the pre-qualification period, being the academic programme, training programme and professional assessments.
The key changes to the CA2025 framework are:
The CA2025 framework has also been used to develop a post-qualification framework. This framework, known as the CA Pathways to Relevance (CAPtR), sets out competencies and proficiency levels for ten career paths at three levels: entry, mid-management and senior management levels.
All SAICA offerings are linked to these competencies to ensure SAICA helps to equip its members for the future world of work.
The focus now shifts to the implementation of this framework in both the pre- and post-qualification spaces. This is an exciting development that positions SAICA as one of the leading professional accountancy bodies in the world.
You can find more information by visiting the dedicated CA2025 microsite.