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1 January 2017 - Final marked-up - LTS Logon Basic

TRAINING regulations Effective 1 january 2017 NOTE: Words importing the masculine gender include the female gender Insertions are indicated in bold, underlined text Deletions are indicated by means of italicised, struck through text regulations : 1 january 2017 Marked up 1 TABLE OF CONTENTS CHAPTER 1 - GENERAL PROVISIONS Authority and interpretation of the regulations Discretionary powers of SAICA regarding training and accreditation matters Definitions, abbreviations and acronyms CHAPTER 2 - ACCREDITATION AS A TRAINING OFFICE Requirements for accreditation and re-accreditation as a training office Lapse or cancellation of accreditation Misrepresentation about accreditation CHAPTER 3 - THE TRAINING OFFICER Registration requirements Duties of a training officer Responsibilities of executive management in respect of the SAICA training programme Liability for fees and reimbursement in respect of such fees CHAPTER 4 - THE TRAINEE ACCOUNTANT Duties and responsibilities of a trainee accountant Hours of work and overtime Conditions of employment and employment contract CHAPTER 5 - TRAINING CONTRACT Entry requirements for a training contract Probationary period Term and hours of a training contract academic remission Registration of a training contract Recognition of prior learning Secondment of a trainee accountant Suspension of a training contract Cancellation

Regulations: 1 January 2017 – Marked up 5 “core experience hours” refers to all time spent by a trainee accountant on work or activities related to the prescribed compulsory, elective and residual competencies and excludes academic studies;

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