Professional Services Higher Apprenticeship (England)

Framework status: Archived » Go to current (latest) issue of this framework

Framework details

Framework ID: FR01200
Issue number: 1
Issued: 13 July 2012

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Professional Services Higher Apprenticeship (England)
(PDF document 2.61 MB)

Issued by
Financial Skills Partnership

Contact name: Lynn Bryson
Telephone number: 0845 618 2368
Please download the framework for email contact information.

Purpose

The professional services sector is critical to the success of the UK economy, representing 15% of UK GDP, 14% of employment and 14% of exports (making the UK the largest net exporter of business services in the G7) in 2010. The sector also acts as a catalyst for improved productivity and growth across the economy. The professional services occupations are widely employed in other sectors.

Professional services are currently facing a ‘talent crunch’:

  • The total employment requirement is projected to increase markedly and traditional recruitment pools are proving insufficient
  • The population recruited into the professions does not fully reflect the diversity of society as a whole
  • Employers report skills shortages amongst their new recruits in key areas such as customer handling, oral communication and team working.

The Anderson review of Future Skills in Accountancy (2011) highlights the need for Apprenticeships into the accounting profession and the UK Commission for Employment and Skills (UK CES) forecast that employment in the professional services will increase by almost 900,000 over the decade to 2020. The employment and skills issues faced by the professional services combine to represent huge latent demand for Apprenticeships in this area.

This framework represents a powerful lever in the professions’ efforts to address these issues, offering a structured new entry route which enables employers of all sizes to access a broad and diverse talent pool and equip individuals with the blend of technical skills and broader competence they need to progress to the high skill positions in the sector and obtain the highest levels of professional status.

This framework provides a new route to high-skill careers in the Professional Service sector and for employers a new model for recruitment from a broad and diverse talent pool. It has been developed by employers, professional bodies and providers to meet the needs of small, medium and larger organisations. The Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Taxation Technicians (ATT), the Management Consultancies Association (MCA), and the Financial Skills Partnership (FSP) have been key partners in the development of this Framework.

The framework includes distinct pathways for each of the audit, taxation and management consulting occupations. It includes nationally recognised qualifications at level 4 and provides a structured approach to training and development of prospective auditors, tax professionals and consultants. Each pathway includes a combination of technical knowledge and broader competence requirements, covering wider business skills and competence, and the audit and tax pathways will be aligned with existing professional development and qualification pathways. The framework provides clear progression routes to Higher Education and professionally qualified status.

Higher Apprentices on the Audit pathway may work in both statutory audit and assurance roles. Work undertaken will vary depending on the specific requirements of employers, but may include assisting in the conduct of an audit such as testing controls and checking financial records as well as drafting reports. Higher Apprentices on this pathway also have the opportunity to gain the ICAEW’s Certificate in Finance, Accounting and Business (CFAB) qualification.

Higher Apprentices on the Tax pathway may work in a range of tax areas such as personal tax, corporation tax or tax compliance. Work undertaken will vary depending on the specific requirements of employers, but may include assisting with the preparation of tax returns and completion of various tax forms, dealing with tax related communication and supporting with advice and tax consulting. Higher Apprentices on this pathway also have the opportunity to gain the ATT’s qualification, subject to their choice of knowledge qualification.

Higher Apprentices on the Management Consulting pathway may work in a range of areas including strategy, operations or ICT, business development and client account support. Work undertaken will vary depending on the specific requirements of employers, but may include assisting in the delivery of consulting projects, carrying out research and analysis, tracking and managing key client accounts and supporting business development activity. Note that the pathway is available to employed individuals, but not to self employed / freelance consultants.

Download framework

Professional Services Higher Apprenticeship (England)
(PDF document 2.61 MB)