The Benefits of Completing the EPSM in ACCA

Ethics are the cornerstone of any profession, particularly in the field of accountancy. The EPSM curriculum provides a solid foundation in ethical principles, ensuring that professionals adhere to high ethical standards in their work. EPSM, designed under the ACCA curriculum, helps students not only understand ethical concepts but also provides valuable insights into the corporate world and how to behave professionally.

All the learnings and benefits of EPSM are summarised below:

1. Prepares You for SBL Exams
   1. For those pursuing the Strategic Business Leader (SBL) exams as part of their ACCA qualification, completing the EPSM can provide a solid foundation for success. The professional skills acquired through the EPSM, such as critical thinking, strategic decision-making, and leadership, are highly relevant to the SBL exams, helping candidates excel in their studies and ultimately in their careers.
   2. By integrating ethical and professional considerations into their strategic thinking and decision-making processes, individuals can demonstrate a holistic understanding of business dynamics and effectively address complex business challenges.
2. Prepares You for Interviews
   • In today’s competitive job market, employers seek candidates who possess not only technical expertise but also strong soft skills. The EPSM equips individuals with the confidence and ability to effectively communicate their ideas and provides tips on navigating challenging situations during the interview.
   • Additionally, completing the EPSM demonstrates to potential employers that you have honed essential professional skills such as communication, teamwork, and problem-solving, making you a more attractive candidate during interviews.
3. Helps You Craft a Perfect CV
   • Drafting a CV can be a challenging task if you are straight out of college, and EPSM helps you to understand how to craft a perfect CV, which will help to kickstart your professional career.
   • The EPSM certification serves as a valuable addition to your CV, showcasing your commitment to professional development and ethical conduct. Employers value candidates who have invested in enhancing their skills beyond academic qualifications.
   • Including the EPSM certification on your CV can set you apart from other candidates and increase your chances of securing interviews and job offers. Furthermore, the EPSM demonstrates to employers that you can adapt to evolving professional standards and contribute effectively to their organisations.
4. ACCA Membership
   • Even after completing all 13 papers, your eligibility for ACCA Membership will depend on completing the EPSM.
   • The ACCA Member tag is available only after completing 13 papers of ACCA, along with EPSM and after gaining 36 months of practical experience.
5. Understanding Business Environment
   • A comprehensive understanding of the business environment is essential for success in any role within an organisation. The EPSM curriculum covers various aspects of the business environment, including economic, legal, and regulatory frameworks, enabling professionals to navigate complex business landscapes effectively.
   • By gaining insights into the broader business context, individuals can make informed decisions, identify opportunities, and mitigate risks, thereby adding value to their organisations and advancing their careers.
6. Improves Business Communication
   • Effective communication is a vital skill in today’s interconnected global economy. The EPSM emphasises the importance of clear and concise communication in professional settings, helping individuals develop strong verbal and written communication skills.
   • Whether it’s presenting financial reports, negotiating with clients, or collaborating with colleagues, proficient communication skills are indispensable for career advancement. The EPSM equips individuals with the ability to convey complex information clearly and compellingly, fostering better understanding and driving positive outcomes in business interactions.