The route panel will bring together 10 individuals from the accountancy and related financial services industries to create a technical education programme that offers progression into either further education or highly-skilled employment.
The new T-Levels will be available to all 16 year olds leaving the school system alongside other vocational routes such as apprenticeships or academic study. The programmes will be administered through learning providers and will include a substantial work-experience placement for students to apply their skills in the workplace.
ACCA has previously championed an open access policy that offers more routes into the profession. This has included work with business and government to highlight how creating more vocational routes can benefit students of ability that are not best suited to, or cannot afford university routes.
Education Secretary Justine Greening said:
'We are transforming technical education in this country, developing our home grown talent so that our young people have the world class skills and knowledge that employers need.
'As we prepare to leave the EU, it is more important than ever that we create an outstanding further education and skills system, giving all young people the opportunity to fulfil their potential and deliver a better future for our country.
'As part of making sure that the technical education ladder reaches every bit as high as the academic one, I want to see T levels that are as rigorous and respected as A levels.'
John Cunningham, Regional Head of Education for Europe and Americas at ACCA said:
'ACCA has a long history of supporting social mobility initiatives and as such, is committed to opening up more routes into the accountancy profession. By opening up more pathways to becoming qualified we cater to those who can’t afford academic routes and ultimately, broaden the pool of talented and qualified workers that employers have access to.
'It is important that vocational education is viewed on a par with academic routes by both students and employers. For this reason, I look forward to working on the panel to develop a robust and highly-technical educational programme that produces well-regarded and workplace ready students.'
Jane Nellist, Senior Lecturer at the University of Lincoln said:
'I’m delighted to accept an appointment to this panel. More than ever, it is important that the profession looks ahead to the next generation of professionals to lay the foundations for a strong, highly-skilled workforce.
'The introduction of employer-led panels that can create programmes around the practical skills and independent thinking that employers require will help to boost business confidence in vocational education. For students, the workplace experience will give them an opportunity to apply their technical skills in a ‘real world’ setting and ultimately, boost their employability.'
Notes to Editors
John Cunningham is the Regional Head of Education for Europe and the Americas and oversees the development and implementation of ACCA qualifications across these regions. Backed by over 20 years working with several professional bodies, John has extensive experience leading on the practical implementation and quality assurance of new qualifications.
Jane Nellist is a Senior Lecturer at the University of Lincoln, with over 20 years experience in highly technical audit and finance positions as well as managing education programmes at both the University of Lincoln and University of Derby.
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.
About the University of Lincoln
Situated in the heart of a beautiful and historic city, the University of Lincoln is a top 50 UK university (The Guardian University Guide 2018; Complete University Guide 2018) which has established an international reputation for the quality of its teaching and research, and was recently awarded Gold – the highest standard possible - in the national Teaching Excellence Framework.