The programme provides apprentices with an Association of Accounting Technicians (AAT) Level 4 qualification as well as on-the-job experience.
Speaking at the launch, CIPFA chief executive Rob Whiteman said the pilot scheme, which began in September last year, had been met with ‘enthusiasm’ by all participants – sponsors, employers and apprentices.
‘The involvement of major employers in this scheme means that the apprentices will have the opportunity to gain invaluable work experience alongside their studies in public finance,’ he said.
‘It is a fantastic example of how CIPFA is developing partnerships to widen access to the accountancy profession, enable young people to build rewarding careers, and grow the next generation of public financial managers.’
Apprentices are recruited and employed by CIPFA on a fixed-term contract for one year. Under the scheme, which is not age-restricted, they are placed in a real job in a real organisation and will pick up skills and experience from colleagues as well as learning more formally by attending a CIPFA education and training centre one day a week to work towards their AAT qualification.
Recruitment for the next intake of apprentices will begin in June to start work and study in September. Employers can join the scheme at any time.
CIPFA hopes that 100 people will be recruited as CIPFA apprentices for 2014/15.
A total of 10 apprentices were recruited for the West Midlands pilot, which included employers such as Grant Thornton, Birmingham City Council, Coventry City Council and Birmingham Women’s NHS Trust.
