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PwC to lead government backed higher apprenticeships programme

PwC to lead government backed higher apprenticeships programme

Young people wishing to become a contractor accountant specialising in audit, tax or management consulting will soon be able to join a new apprenticeship scheme backed by the government.

A consortium led by PwC will provide the Professional Services Higher Apprenticeships Programme. Other companies participating in the scheme include the Association of Taxation Technicians, BPP, the Financial Skills Partnership, ICAEW and the Management Consultancies Association. It is thought that about 1,500 apprenticeships will be in place by March 2015.

The 1,500 places will be split between the audit, management consulting and tax routes and the first apprentices will begin the programme next September.

Apprentices who opt for the tax route will aim for a level 4 QCF tax qualification, designed to bring the apprentices up to ATT professional standard. Stuart McKinnon, the deputy president of the ATT, said that getting a university degree is not the only way to forge a career in tax and the apprenticeship scheme will prove that.

The Programme will be funded in part by some of the £18.7 million the government is injecting into the Higher Apprenticeship Fund recently announced by Vince Cable, the business secretary.

The minister for skills, John Hayes, said professional services have a fundamental role to play in job creation and economic growth. In times of economic uncertainty, education providers and the government need to invest in developing the advanced skills that companies need to flourish.

The apprentices joining the Programme are expected to be school leavers educated to at least A-level standard, those who have done an Advanced Apprenticeship in a related subject and current employees of the consortium firms. Apprentices will receive a wage from the employer, but the government will fund the majority of the training costs.

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Image: Finishing up the diary by ishane

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