In determining what constitutes an appropriate balance between professional accounting education and practical experience, IFAC member bodies may consider the following:
(f) Some professional accounting education programs that place a strong emphasis on practical application, such as traineeships, internships, cooperative education work periods, and secondments, may contribute to the practical experience requirement.
(g) Study for academic or professional qualifications is useful for acquiring and demonstrating professional accountancy knowledge. However, by itself, study does not necessarily demonstrate achievement of the professional competence to perform a role of a professional accountant. Experience gained at work equips aspiring professional accountants with many of the skills needed to become competent professional accountants.
(h) Practical experience may be obtained after completion of a professional accounting education program or concurrently with such a program