new apprentice scheme for a profession in finance launched in Scotland

26-03-2015

CIPFA, the Chartered Institute of Public Finance and Accountancy, is today announcing the launch of its successful finance apprenticeships programme in Scotland.

Piloted in England in 2013, the initiative has been modified to provide support to employers throughout the public services in Scotland to encourage them to train young people for a job in public financial management. The apprenticeship training will also provide career development opportunities to existing staff.

The training will be delivered by the Institute both through innovative distance learning and face to face at CIPFA’s new state of the art training and development facility in Edinburgh.

The announcement was made by Mike Owen, CIPFA’s President  at CIPFA Scotland’s Public Finance Conference ‘Designing Scotland's future’.  With a focus on new thinking, new powers and new people, the conference will focus on a blueprint for the way Scotland’s public services are run in the years to come.

Commenting on the apprenticeship scheme, Mike Owen said: 

“It is a real privilege to be announcing the launch of this innovative and exciting apprenticeship training programme for young people in Scotland, which will encourage young people in local communities to enter a rewarding career in public finance.

“The involvement of major employers in this scheme means that Scottish apprentices will have the opportunity to gain invaluable work experience alongside their studies, offering a unique platform into the world of work.

“It is also a fantastic example of how CIPFA is developing partnerships to widen access to the accountancy profession, which will enable young people to build rewarding careers and grow the next generation of public financial managers.”

CIPFA’s Vice President, John Matheson said:

“The announcement of this apprenticeship scheme tailored to meet Scotland’s needs is fantastic news. Not only does it enable public services to unearth existing talent within their organisations, it will also provide the opportunity to untap and nuture young people within Scottish communities into local organisations.

“At CIPFA Scotland we are also very excited that we have been accredited by the Association of Accounting Technicians (AAT) as an approved training centre. This will enable the Institute to deliver training as part of our apprenticeship programme, so we can develop the next generation of public service leaders from our new state of the art facility in Edinburgh.”


ENDS


Notes to Editors


About the scheme and AAT accreditation

Accounting apprenticeships are open to anyone living in Scotland aged 16 or over who is not in full-time education. CIPFA is working with employers throughout the public services to support the delivery of Modern Apprenticeships. Courses start in early Autumn 2015 and will be delivered by a blend of classroom delivery with sessions being broadcast online together with online support. 

The Association of Accounting Technicians (AAT) qualification provides an excellent starting point to a career in accountancy. However, this unique CIPFA / AAT partnership provides trainees with the quickest route to Chartered Accountant status.

The AAT apprenticeship programme is made up of three levels in Scotland:

• Modern Apprenticeship; AAT Level 5 Certificate in Accounting 

• Modern Apprenticeship; AAT Level 6 Diploma in Accounting

• Technical Apprenticeship; AAT Level 8 Diploma in Accounting

More information is available on AAT’s website.


About ‘Designing Scotland's future: new thinking, new powers, new people’

In this post-referendum era in which Scotland embraced democracy with an unprecedented poll turn out, we now face elections each year until 2017. This almost certainly means further reform and, against the emerging background of further devolutionary powers, Scotland faces a future which will look significantly different.

But what will that future look like? Who is at the heart of designing our 'new' Scotland and what role will the professions play in ensuring that our new powers are matched by the skills of those in charge? Will we have to retrain our workforce or is there already an untapped talent in Scotland’s public services?

The CIPFA Scotland Public Finance Conference aims to explore these questions so we can begin to develop the blueprint for Scotland's future. In doing so we will consider the role of our people, the role of our services and the new powers we expect to enable our services to be funded.

This is the 'must-attend' event in the calendar for all those working in the public services in Scotland.