Answers to your key questions

How can I get in touch with any questions?

We’re always happy to talk to you about any aspect of our apprenticeships, from set up to qualifications to funding. Simply fill in our short form here and we’ll be in touch.

When do apprenticeships start?

Our apprenticeships are available all year round, so there’s no need to panic about deadlines.

How long do apprenticeships last?

The length will vary, depending on which level your apprenticeship is and how the programme fits around your business needs. However, the minimum length is 12 months in England. As a rough guide, Level 4 apprentices (Modern Apprentices in Scotland) typically take a minimum of 12 months, and Level 7 (Graduate Apprentices in Scotland) are more like 36 months.

How do I know which level apprenticeship to choose?

We can chat with you to help answer this question, as it’ll depend on your needs. There will be certain other factors that affect it though, such as any previous work experience, the level of education and/or awards your apprentice already has.

What’s needed from me as an employer?

Employers must provide a genuine job, for at least 30 hours a week for a minimum of 12 months. It also needs to give your apprentice plenty of opportunity to gain the knowledge, skills and behaviours they need for success. Your apprentices are making a commitment and they’ll look to you to provide them with a salary, as well as an induction into their role, chances to learn, exposure to appropriate work, and time to study and take exams.

What is the ACCA Qualification?

Those who’ve gained the ACCA qualification are strategic finance professionals who have the technical, financial and professional skills to excel in any sector, anywhere in the world. It’s why 92% of employers say ACCA people have the skills needed to drive their businesses forward. You can learn more about it here.  

What are the equivalent qualifications for apprenticeship levels?

NameApprenticeship levelEquivalent educational levelAcca offer
Intermediate25 GCSE passes 
Advanced32 A level passesAAT Level 3 to ACCA Level 4
Higher4, 5, 6 and 7Foundation degree and aboveACCA Accounting Technician Apprenticeship (Level 4)
Degree6 and 7Bachelors or masters degreeACCA Professional Accountant Apprenticeship (Level 7)

What funding is available?

What is the apprenticeship levy?

Large employers operating in the UK with an annual pay bill in excess of £3m automatically pay into the apprenticeship levy which was set up by the government. This levy pot can be used by all businesses to fund apprenticeships, whether they pay into it or not.

What costs arent covered by the funding?

The exam and registration fess aren't covered by funding. Further details on these fees can be found here.

How do levy transfers work?

This will depend on the size and location of your business. Please get in touch with us and we can answer any questions you have around this.

As a levy-paying employer, do my training vouchers have an expiry?

Unused vouchers will expire after 24 months. This means that, for example, levy paid in September 2019 will start expiring from September 2021. The funds expire to encourage levy-paying employers to invest in high quality training and prevent them from accruing very large balances. However, any unspent levy funds within each financial year are used to support existing apprentices to complete their training and pay for apprenticeship training for smaller employers.

Do I have to switch my employee onto an apprenticeship contract?

No. It’s a common misconception that employers have to switch employees onto an apprenticeship contract, but they don’t. The apprenticeship contract is optional and is often used, if for instance the apprenticeship is fixed term. Therefore, you can keep your employee on the same contract as they were before. You’ll just need to amend the terms, if there’s anything different you want to apply, such as changes to study leave.

What makes an apprenticeship different from studying a qualification on its own?

To make sure we’re creating well-rounded accountants, our apprenticeships have been designed by employers, for employers. So, whilst there are lots of aspects that set our apprenticeships apart, one of the key pillars is that they focus on skills and behaviours, as well as theory and technical knowledge. They also give apprentices the opportunity to apply what they’ve learnt in a live environment that will benefit your business straight away.

Can apprentices do their studying at evenings, weekends or another time outside their contracted hours?

Yes, but only if you give them the time back in lieu as it needs to equate to 20% off the job.

How will I know how much progress my apprentice is making?

Your apprentice will have someone dedicated to checking in with them regularly throughout the programme. This person will support your apprentice, conduct regular reviews to spot any skills gaps and update you on their progress.

What kind of resources and external support will my apprentice receive?

ACCA and your chosen training provider will provide all the support they need, from study guides and tuition, to coaching, online courses and skills development.

If my apprentice already has a Bachelor’s degree in accountancy, are they over-qualified for an apprenticeship?

As long as the apprenticeship is Level 7 or higher, that’s fine. Undergraduate degrees are equivalent to Level 6. That means that only those with a Master’s degree in an accountancy-related subject would be too qualified to fully benefit.

My employee is already studying for their professional qualification. Can they transfer to an apprenticeship?

Yes, as long as they have a least 12 months of study time left and are willing to complete any remaining components of the apprenticeship.

Can my employee complete an apprenticeship if they’re part time?

Yes. It would depend on their working hours, but in theory, we could increase the length of the apprenticeship in line with the government funding rules.