The Recognised employer program (REP) means an employer has had their existing employee training program assessed by CPA Australia. The training would demonstrate it meets a commitment to current and future of professional development.
Only businesses who qualify may become a recognised employer partner. After an application is submitted, an assessment is conducted to determine if the applying organisation’s training is consistent with industry standards. This needs to be demonstrated through providing training, mentoring, appraisals and development opportunities.
The two distinct levels of partnership are:
1. Recognised Knowledge Partner
This is a lasting commitment to support employee learning and development during their initial practical experience, and throughout their career. This partnership level gives individuals recognition for the practical experience requirement which streamlines progression to CPA status. CPAs are given a simplified method to demonstrate their CPD obligations.
2. Recognised Professional Partner
This partnership level is a commitment to support employee learning and development during the practical experience requirement period. Individuals receive recognition for the practical experience requirement.
How the program works
Once approved, CPA Australia provides a certificate of recognition and a kit on how to use the recognised employer program logo. From here, individuals studying the CPA Program from the recognised employer partner are not required to submit a logbook for the practical experience requirement, and will be deemed to have met the mentoring and logbook requirements – all from the organisation’s existing internal processes. The individual will be provided with “practical experience requirement recognition” – up to 40 Continuing professional development hours each year, for the duration of their employment.
This is a considerable saving of administration for both the mentor and individual.
Organisations are further supported by:
- the assignment of a dedicated CPA Australia account manager
- use of the Recognised employer partner mark for marketing campaigns
- promoting the organisation on the CPA Australia website
- preferential recognised employer partner exposure to students at career expos
- opportunities for joint-partner sponsorship ventures
- tailored reporting
- receiving savings on various products, such as the assessment fee or the CPA Program
How the program can be used
Being a Recognised employer partner can be used as a talent recruitment and retention tool, as organisations can display the recognised employer partner mark. This demonstrates that learning and development systems, processes, and policies are recognised and supported by Australia’s largest accounting body. The recognised employer partner logo can be used in recruitment, marketing campaigns and other branding activities for ongoing promotion.
The Recognised employer partnership also provides access to the following:
Recognised employer partners are invited to be one of a limited number of exhibitors at the CPA Australia Career Expo, at no charge. The promotion for the Career Expo is delivered via our student database of approximately 160,000 individuals globally. More than 700 individuals are expected to attend the Melbourne event annually.
Speaking opportunities and sponsorship ventures
Recognised employer partners have increased opportunities to provide speakers at:
- CPA Congress – the largest gathering of finance, accounting and business professionals. This conference covers a variety of topics on a given subject through multiple sessions across multiple locations.
- Networking events – feature high profile speakers and leaders in their field. Tackling topical issues and providing fresh insights into leadership and business, and incorporate workshops.
Thought leadership and publications
Recognised employer partners have the opportunity to contribute to CPA Australia’s leading business publications including:
- INTHEBLACK – Member magazine that is distributed worldwide to 144,000 Members as well as businesses and industry bodies nationwide.
- itbdigital.com – includes content from INTHEBLACK magazine, as well as original stories, news, opinion and analysis, photos, videos and podcasts relevant to people in business.
- Weekly e-newsletters – CPA Update and CPA Tax News are some of the largest and wide reaching member publications, sent to over 130,000 Members each week.
Benefits to existing CPAs
Existing CPAs at the organisation will be recognised as meeting the professional development (Continuing professional development) obligations. This allows CPAs to claim 40 hours of their Continuing professional development activities each year for the duration of their employment.
Note: CPA Australia members with a CPA Australia public practice certificate or a statutory registration (such as company auditor, company liquidator, tax agent, trustee in bankruptcy, financial service licensee or representative) must continue to meet their specific Continuing professional development obligations associated with the certificate or statutory registration.