Grant Thornton UK and training provider Babington have signed a five-year contract to extend the delivery of the Accountancy Apprenticeships programme which delivers Association of Accounting Technicians (AAT), Chartered Institute of Management Accountants (CIMA), Association of Chartered Certified Accountants (ACCA) qualifications in England.
The Accountancy Apprenticeships are open to new and existing employees of UK organisations at any stage in their career. Since launching in 2017, more than 950 people have started these apprenticeship programmes.
A range of employers have enrolled learners in the programme, including: John Lewis Partnership, ICBS Standard Bank, and the NHS. Large employers can use the Apprenticeship Levy to pay for training and smaller employees receive a 95% contribution towards the costs.
Grant Thornton partner and head of talent solutions Justin Rix said: “Our partnership with Babington is an innovative and market leading approach to delivering first-class accountancy qualifications. UK employers continue to point to concerns over skilled staff shortages as a major potential constraint for growth. Those using apprenticeships say they play an instrumental role in recruiting and retaining talented people.
“For Grant Thornton, the delivery of accountancy apprenticeships also plays a key role in delivering our commitment to create more equal access to our profession. Apprenticeships offer people from a wider range of backgrounds a chance to earn whilst learning, creating opportunity, and improving access to the accountancy profession.”
Babington CEO David Marsh said: “Our partnership with Grant Thornton has enabled us to ensure that our Accountancy apprenticeships are market-leading with insight and support from the absolute experts. We have seen these programmes go from strength to strength and are really pleased to be re-launching this relationship for another five years. The feedback from our learners and customers has been fantastic and clearly articulates why our programmes are considered to be significantly better than others in the market. We look forward to the next five years and being able to continue to ‘Develop Better Futures’ in line with our core purpose.”