Apprenticeships have evolved
Business and finance is changing fast and as an employer you need to be preparing for changes in the government’s industrial strategy, as well as considering the potential impact of developments such as advanced robotics and changing consumer and employee expectations.
Bridging the skills gap
Apprenticeships are set to play an increasingly important role in addressing the UK’s skills shortage, upskilling staff and lessening the pressure to attract new talent to enter employment directly rather than following university education.
The government has introduced changes that give employers more control over shaping the delivery and content of apprenticeship training. These new apprenticeship standards set out the knowledge, skills and behaviours required for particular roles and have been designed by employers based on their needs.
Driving productivity and further learning
The new model provides employers with an opportunity to develop the performance and productivity of their workforce, and to open up progression routes for further learning.
Higher apprenticeships, such as ACCA’s Accounting Technician (Level 4), enable businesses to train more of their employees in the high-level industry specific skills that are critical for growth in the UK and internationally.
These apprenticeships allow young people and adults to earn while they learn at the highest level and offer an important non-graduate route into influential professions such as accountancy.
Viable alternative to university
Apprenticeships also represent an important opportunity for ambitious people from all backgrounds to develop work-ready technical skills that will them to contribute to today’s evolving workplace - without the need to have attended university as a threshold for entry.
ACCA’s research shows that, in order to retain talent, organisations need to provide personalised and flexible opportunities to learn new skills and if possible, clear paths for progression. Apprenticeships offer precisely that flexibility.
Get in touch with us to find out how we can help you hire tomorrow’s talent today.
England, Scotland and Wales
There's a tailored version of the ACCA Level 4 Accounting Technician Apprenticeship that meets the apprenticeship standard for England, Scotland and Wales.
So, wherever you are, you can access government funding to help you develop your team, fill your financial skills gap and grow your business. For region-specific guidance on apprenticeships, visit our Who can offer and apprenticeship? section.
Satisfying our PER from day one
Work experience gained through an apprenticeship will count towards our 36 months' Practical Experience Requirement (PER), which is needed to complete the ACCA Qualification.
We'll be announcing our ACCA Level 7 Professional Accountant Apprenticeship soon. This will be the only accountancy pathway with the option of a BSc in Applied Accounting and an embedded MSc in Professional Accounting.
To get an idea of what the apprenticeship to ACCA member journey looks like, download our pathway infographic (PDF, 24 KB).
Learn more by visiting these sections: