Employers large and small need to invest in apprenticeships to bridge the skills gap and drive economic growth, asserts ACCA (the Association of Chartered Certified Accountants).
With attractive funding available for employers, ACCA believes apprenticeships for the accountancy profession make good sense, and is encouraging business – especially SMEs - to think seriously about apprenticeships.
John Williams, head of ACCA UK says: ‘ACCA’s offering the first fully funded apprenticeship to become a professional chartered certified accountant. This raises the quality of apprenticeships, giving small businesses the opportunity to compete with larger firms because they can receive help to find the apprentice, offering them high quality on-the-job training with funding available of up to £21,000 per apprentice.’
Alex Falcon-Huerta, a Fellow of ACCA and small business owner of Soaring Falcon Accountancy based in Bedford says: ‘As a small entity, it’s vital I recruit the right staff. For me, one of the routes was to take on an apprentice through ACCA. The cost to my business has been zero due to government funding, which makes this a win-win scenario.’
ACCA is the only professional accountancy body with MSc and BSc pathways for apprenticeships, offering two apprenticeships - the ACCA Accounting Technician (Level 4 Trailblazer) and the new ACCA Professional Accountant Apprenticeship at Level 7.
John Williams concludes: ‘Our apprenticeships offer an alternative route into the profession – they offer opportunities for growth for the employer regardless of the size of their business. Our new apprenticeship guide offers clear guidance on how ACCA’s apprenticeships work – it’s a worthwhile resource for those thinking of taking on an apprentice - whether in a large business or SME.’
ACCA’s Apprenticeships Guide can be found here: http://i.emlfiles4.com/cmpdoc/2/5/6/6/2/files/470270_apprenticeships-interactive-final-small-file-2.pdf
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Notes to Editors
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 198,000 members and 486,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 101 offices and centres and more than 7,291 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers. More information is here: www.accaglobal.com