Accountancy Apprenticeships Take On ACCA Level 7
Coventry & Warwickshire Chamber of Commerce Training recently hosted an exclusive breakfast briefing to help businesses understand the ACCA Level 7 Professional Accountant Apprenticeship programme.
Over 25 individuals attended the briefing which was hosted in partnership with Kaplan Financial Limited with an established range of study programmes to support students. The programme is aimed at individuals working in finance functions such as accountancy practices or in finance teams across a wide range of industries and sectors who have completed entry routes.
Jan Ryan, Operations Director at Chamber Training commented: “The government is keen to improve the quality and rigour of apprenticeships so the frameworks have been replaced by ‘employer-designed’ standards. Although the cost for a Level 7 accountancy apprenticeship is £21,000 the new funding arrangements for apprenticeships will be accessed via the Levy for larger employers or 90% from the Education and Skills Funding Agency with a 10% contribution from business.
“For smaller employers (under 50 staff) employing a 16-18 year old apprentice the training is fully funded and all employers will receive £1,000 incentive for 16-18 year old apprentices.
“Typically the Level 7 accountancy apprenticeship takes 36 months to complete and apprentices will gain technical knowledge, skills and behaviours required. The ACCA level 7 will include a delivery model of three block days per month at Chamber Training, commencing in January. The apprenticeship offers high quality resources, text book manuals, live online lectures, materials and revision support and exam preparation, business skills seminars and 1:1 workplace support and portfolio development,” Jan concludes.
To find out more, please contact Coventry & Warwickshire Chamber of Commerce Training on 024 7623 1122 or email Karen Devany at devany.k@cw-chambertraining.co.uk or Nicky Cheshire at cheshire.n@cw-chambertraining.co.uk
Photo caption: (From left to right): Andy Wade from Kaplan Training and Jan Ryan, Operations Director at Chamber Training.