The Level 7 Accountancy Apprenticeship is a perfect opportunity for employers to offer the ACA on a government-funded programme. The apprenticeship needs to be at least 12 months in duration and typically takes between 36-48 months to complete. Levy-paying employers will be able to select from a list of approved providers from the ESFA’s Register of Training Organisations (RoATP), which is available online at gov.uk/esfa. For non-levy employers, we recommend they contact their local Business Development team member who can provide details of locally approved tuition providers. We recommend that employers talk to a training provider about any requirements they may have, as they will be able to help design a programme to suit their business. The delivery of level 7 apprenticeship can be flexible depending on the employer’s needs. Employers may wish to set additional entry criteria to suit their organisation.
There are no set entry requirements for the apprenticeship, however minimum requirements do apply for the ACA.Īdditionally, the apprentice must have a Level 2 in English and Maths before they attempt the end-point assessment. To find out more about what the funding covers and which fees are included, please visit the relevant area. The funding cap for the Level 7 Accountancy Apprenticeship for Accountancy Professionals has been set at £21,000. These elements are covered in more detail in the relevant sections. However, there are some additional requirements for the completion of the apprenticeship students on the Level 7 Apprenticeship will need to complete a Project Report as well as 20% off-the-job training. Many elements of the ACA are included in the apprenticeship programme, such as the 15 modules and the six-monthly reviews. While funding is only available for the apprenticeship, there are many similarities between this route and "traditional" ACA training.
These will be gained through a combination of off-the-job training and practical experience in the workplace. Throughout the Level 7 Accountancy Apprenticeship, students will develop the knowledge, skills and behaviours required by the standard. The Level 7 apprenticeship is also available for the ACA CTA Joint Programme.
The Level 7 Accountancy Apprenticeship offers employers the opportunity to train on our ACA qualification by using government funding available to them, whether they're paying the apprenticeship levy or not. Throughout the apprenticeship, students will be working and studying at the same time, while developing the required knowledge, skills and behaviours, in order to qualify as an Accountancy Professional. This page provides an overview of the Level 7 Apprenticeship for Accountancy Professionals with ICAEW, the Level 7 apprenticeship for the ACA CTA Joint Programme, the student journey and the assessments leading to the successful completion of the programme.