accountancy · accountancy training programme. babington and grant thornton combine expertise in...

Leadership & ManagementDevelopment & Professional Qualifications

ACCOUNTANCYAPPRENTICESHIPS

I N P A R T N E R S H I P W I T H

PARTNERSHIP

HIGH QUALITY TRAININGBabington provides high quality training across the UK to employers of all sizes. We specialise in Accountancy and Professional Services development programmes.

As one of the UK’s leading providers of professional development programmes and training courses, Babington’s recruitment and training options have helped hundreds of UK companies find effective and cost-effective solutions for their businesses. Our proven training methods will help motivate, educate and inspire members of staff to learn new skills that enable businesses to improve their productivity and help move them to the next level.

LEADING BUSINESS ADVISERGrant Thornton UK LLP is part of one of the world’s leading organisations of independent advisory, tax and audit firms.

We help dynamic organisations unlock their potential for growth by providing meaningful, forward looking advice. Our underlying purpose is to build a vibrant economy, based on trust and integrity in markets, dynamic businesses, and communities where businesses and people thrive.

Babington and Grant Thornton are working in partnership to deliver unique, industry recognised and market leading Accountancy programmes including AAT, CIMA and ACCA qualifications. We have brought together our respective areas of expertise in training, assessment, market engagement and insight to create innovative, current and high quality programmes.Our collaborative accountancy training will see participants gain industry professional qualifications, whilst benefiting from access to the latest thinking and high quality resources in accounting practice.

“We are delighted to form a partnership with Grant Thornton, which I have nodoubt will strengthen the delivery of our Accountancy programmes across the UK.”

2P A R T N E R S H I P

“We are delighted to form a partnership with Grant Thornton, which I have nodoubt will strengthen the delivery of our Accountancy programmes across the UK.”

ACCREDITATIONS

Award winning independent training provider with national delivery capacity

Supporting businesses to create diverse, talented and productive workforces since 1974

Currently employ over 350 staff across England supporting 7,000+ learners across 2,500 employers

Rated as GOOD by Ofsted, with ‘Outstanding Grade 1’ features in Accountancy and Finance

A C C R E D I T A T I O N S 3

Source: Education & Skills Funding Agency

4

LEARNERSATISFACTION

RATE

94.5%

Course overview

START DATE Flexible

LEVEL3

DURATION15-18 months

DELIVERYOnline or Blended Classroom

ASSESSMENT• On programme unit examinations• Portfolio• Reflective Discussion• Synoptic Assessment

QUALIFICATION• Assistant Accountant Apprenticeship Certificate• AAT Level 2 Foundation Certificate in

Bookkeeping• AAT Level 3 Advanced Diploma in Accounting

ENTRY REQUIREMENTSAbility to gather evidence within job role to meet all apprenticeship criteria

A S S I S T A N T A C C O U N T A N T L E V E L 3 5

ASSISTANTACCOUNTANTLEVEL 3

As an Assistant Accountant, learners will work either within an accountancy practice or directly for an organisation and will provide support to internal and external stakeholders by assisting with day-to-day financial activities, accounting and reporting.

1 5 - 18 M ONTH PROGRAMME

Learner outcomesDuring the programme, apprentices will cover topics developing their knowledge of basic double entry booking and ethical practices, through to mastering complex financial processes including analysing financial data, calculating and submitting VAT returns and drafting final accounts.

AssessmentAfter completing examinations in each of the 6 units, the Assistant Accountant apprentice will progress to the End-Point Assessment in which the knowledge and evidence they have gathered throughout the programme will be assessed against the apprenticeship criteria.

The End-Point Assessment will include:

• A 3 hour synoptic assessment (40% of the overall apprenticeship

result)

• A reflective discussion supported by a portfolio of evidence

(60% of the overall result)

Apprentices must achieve Level 2 English and Mathematics before

completing the programme.

Course overview

START DATE Flexible

ASSESSMENT• On programme unit examinations• Portfolio• Reflective Discussion or written statement• Synoptic Assessment

DELIVERYOnline or Blended Classroom

DURATION18-24 months

LEVEL4

ENTRY REQUIREMENTS• AAT Level 3 Advanced Diploma in

Accounting or equivalent• Evidence of Maths and English Grade

A-C, 4-9 or equivalent

QUALIFICATION• Professional Accounting Technician

Apprenticeship Certificate• AAT Level 4 Professional Diploma in

Accounting

PROFESSIONALACCOUNTINGLEVEL 4

This apprenticeship combines knowledge of business and IT systems and processes as well as standard accounting and tax practices. Learners will have responsibility for creating, verifying and reviewing accurate and timely financial information to meet relevant ethical, professional and legal standards. This comprehensive overview enables learners to create and interpret financial information to influence business decisions to add value to your organisation.

1 8 M ONTH PROGRAMME

Learner outcomesOur Level 4 accounting programme combines dedicated workplace mentoring, on-the-job experience, access to high quality online resources alongside either a blend of outstanding classroom training or remote tuition.

Both routes build the necessary skills, knowledge and behaviours required to become a highly skilled Professional Accounting Technician.

Assessment

Following completion of the 3 required units learners will progress to the End-Point Assessment in which the knowledge and evidence learners have gathered will be assessed against the programme criteria.

The End-Point Assessment will involve a range of assessment tools including:

• A 3 hour synoptic assessment• A reflective discussion or written statement supported by a portfolio of evidence Apprentices must achieve Level 2 English and Mathematics before completing the programme.

P R O F E S S I O N A L A C C O U N T I N G L E V E L 4 6

Course overview

START DATE Flexible

ASSESSMENTACCA/CIMA unit examinations and End Point Assessment

DELIVERYBlended

DURATION36 months

LEVEL7

ENTRY REQUIREMENTSSet by employer

QUALIFICATIONApprenticeship including CIMA/ACCA Professional Diploma in Accounting

A C C O U N T A N C Y P R O F E S S I O N A L L E V E L 7 7

ACCOUNTANCYPROFESSIONALLEVEL 7

Equivalent to a master’s degree, the Accountancy Professional Level 7 is available with either a CIMA or an ACCA qualification, depending on whether the apprentice is working towards qualifying as a Chartered Accountant or a Chartered Management Accountant.


ACCA qualification leading to Chartered AccountantshipOn completion of this qualification the apprentice will become a Chartered Accountant.

Learners will follow the full ACCA Qualification syllabus and learn the technical knowledge, skills, and behaviours required for the Level 7 apprenticeship standard; this includes business insight, professional scepticism, and leadership. Apprentices must also complete ACCA’s Ethics and Professional Skills module so they can understand and apply the relevant ethical standards to their own behaviour.

Development focuses on the drivers of change that will shape the role finance professionals will play in your organisation, such as digital technologies, increased regulation, stronger governance, globalisation and higher expectations overall. This means they will be fully trained to future-proof your organisation, and add value to your organisation from day one with their professional skills, business acumen, and strategic thinking.

On completion of the ACCA apprenticeship, the learner will achieve ACCA chartered certified status and the option to work towards professional membership with the ACCA.

CIMA qualification leading to Chartered Management AccountantshipCompleting this qualification means the learner will become a Chartered Management Accountant.

As accountants in business, Management Accountants need to understand how businesses operate, how they are managed, how people work together, and how strategy is formulated.

They also need to be able to provide the analysis that managers need to understand the economics of a business’s operations, to manage performance and to manage risk. These capabilities are in addition to the core technical financial accounting skills expected of a professional accountant.

The qualification is broken down into four levels and is structured around three pillars that work across all levels. The levels being: certificate, operational, management and strategic, with the pillars running through the levels being: enterprise, financial and performance.

On completion of the CIMA Professional Qualification, the learner will be awarded the Chartered Global Management Accountant (CGMA) designation, recognising their value and showcasing their professionalism, business and leadership skills, ethics and commitment.

BuddiesEach trainee is paired with a professional from Grant Thornton to support their development.

SeminarsMarket insights provide a real commercial edge to the course.

DevelopmentGrant Thornton’s knowledge helps tailor this training to the individuals’ learning objectives.

NetworkingExperienced professionals help participants make highly valuable contacts.

ACCOUNTANCYPROFESSIONALLEVEL 7

The Babington Accountancy Professional Apprenticeship, in partnership with Grant Thornton is a professional accountancy programme that leads to a CIMA or ACCA qualification and develops highly valuable leadership skills.

With a fresh approach to accountancy qualifications, this innovative apprenticeship can enhance the commercial knowledge, leadership skills and professionalism of your finance team.

Please note that exam fees and professional membership to CIMA and ACCA are not covered by the apprenticeship levy.

Our partnerships create a different kind of accountancy training programme.

Babington and Grant Thornton combine expertise in training and assessment with commercial insight to create a new approach to professional development.

Participants gain industry-recognised qualifications while benefiting from the latest thinking in accountancy practice and the broader role of the finance function.

Develop leadership skills

A new approach

Grant Thornton’s connections and resources add real-world experience to the curriculum, with features including:


8A C C O U N T A N C Y P R O F E S S I O N A L L E V E L 7

YE

AR

1

MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12

INDUCTION CIMA CERTIFICATE

BA3Fundamentals

of FinancialAccounting

BA2Fundamentals

of ManagementAccounting

CIMA OPERATIONAL

E1OrganisationalManagement

BA1Fundamentals

of BusinessEconomics

BA4Fundamentals of

Ethics, Governanceand Law

EXAM EXAM EXAM EXAM EXAM

Online live learning Kick-off meeting Boot camp


CIMA OPERATIONAL

F1FinancialReporting& Taxation


P1ManagementAccounting

F1FinancialReporting& Taxation

CASESTUDY

OperationalCase Study

EXAM EXAM

E2Project and Relationship

Management

EXAM

P2Advanced Management

Accounting

EXAM

F2Advanced Financial

Reporting

EXAM

CASESTUDY

ManagementCase Study

EXAM

E3Strategic

Management

E3Strategic

Management

CIMA MANAGEMENT

CIMA STRATEGIC

EXAM

P3Risk

Management

EXAM

F3FinancialStrategy

EXAM

MONTH 37

GATEWAY

CASESTUDY

StrategicCase Study

GATEWAY

YE

AR

2Y

EA

R 3

Grant Thornton buddy session Progress & development review

PDR PDR PDR PDR

PDR PDR PDR PDR

PDR PDR PDR PDR

EXAM

9C I M A D E L I V E R Y M O D E L

DIGITAL PROGRAMME CONTENT & LIVE ONLINE LEARNING



MONTH

19MONTH

16MONTH

17MONTH

18

MONTH

1MONTH

2MONTH

3MONTH

4MONTH

5MONTH

6MONTH

7MONTH

8MONTH

9MONTH

10MONTH

11MONTH

12

MONTH

13MONTH

14MONTH

15

ONL INE DEL IVERY MODEL

PR

OG

RA

MM

E I

ND

UC

TIO

N &

EN

RO

LM

EN

T

ADDITIONAL SUPPORT Additional support for the apprenticeship programme will be provided where the learner or trainer has identified this is required. Additional support will be tailored to learner needs.

APPLIEDSKILLS:

CORPORATE ANDBUSINESS LAW

APPLIED SKILLS:PERFORMANCEMANAGEMENT

APPLIED SKILLS:TAXATION

APPLIED SKILLS:AUDIT ANDASSURANCE

APPLIED SKILLS:FINANCIAL

MANAGEMENT

APPLIEDSKILLS:

FINANCIALREPORTING

APPLIEDKNOWLEDGE:

FINANCIALACCOUNTING

APPLIEDKNOWLEDGE:MANAGEMENTACCOUNTING

APPLIEDKNOWLEDGE:ACCOUNTANTIN BUSINESS

END POINT ASSESSMENT

EPA DURATION:6 MONTHS

MONTH

28MONTH

29MONTH

30MONTH

31MONTH

32MONTH

33

STRATEGIC PROFESSIONAL:(OPTIONAL UNIT)

STRATEGIC PROFESSIONAL:STRATEGIC BUSINESS LEADER

MONTH

20MONTH

21

MONTH

25MONTH

26MONTH

27

APPLIED SKILLS:FINANCIAL REPORTING

STRATEGIC PROFESSIONAL:(OPTIONAL UNIT)

MONTH

22MONTH

23MONTH

24

STRATEGIC PROFESSIONAL:STRATEGIC BUSINESS REPORTING &

ETHICS & PROFESSIONAL SKILLS MODULE

GATEWAY

6 MONTHS

Bootcamp Online Live Learning Project Exam

10A C C O U N T A N C Y P R O F E S S I O N A L L E V E L 7

Grant Thornton Buddy Session

11A C C A D E L I V E R Y M O D E L

EMPLOYERS NATIONALLYARE NOW OFFERING APPRENTICESHIPS

90,000

“One thing that has really impressed me is the pro-active approach that Babington take, they work through any problems with us.

They develop solutions that are really appropriate and that has led us to the point where we have a programme that we are extremely proud of.”

HEAD OF EMPLOYEE APPRENTICESHIPS | PEARSON

12

The levy applies toall organisations withan annual payroll of over £3 million per annum, regardless of whether they already employ apprentices or not.

A P P R E N T I C E S H I P L E V Y 13

APPRENTICESHIPLEVY

Education in the UK has changedWith the introduction of the apprenticeship levy and new apprenticeship standards, there is an exciting opportunity for employers to look at the broader opportunity that apprenticeships offer in developing a more diverse, skilled, qualified and sustainable management team as well as providing a sustainable recruitment and training model.

Changes to the types and levels of programmes available and the broader eligibility criteria for those who can undertake an apprenticeship, mean that employers can utilise their levy funding or Government co-investment to upskill and qualify a wide range of roles within their existing workforce as well as creating a pipeline for their talented future workforce.

Apprenticeship reform agenda

FundingThe way that apprenticeships are funded has changed; the apprenticeship levy and a new 95% co-investment model of government funding for non-levy paying employers is now available.

StandardsTransition from existing generic apprenticeship frameworks to new employer-led apprenticeship standards started in 2014. With the introduction of new degree apprenticeships, it is now possible to deliver apprenticeships from level 2 to level 7.

DeliverySignificant change in the actual make-up of apprenticeships moving to a model of independent third party End Point Assessment (EPA) for new apprenticeship standards, being delivered by providers on an approved register of apprenticeship training providers.

GovernanceImplementation of a new government quango:The Institute for Apprenticeships (IfA), April 2018 due to become Institute for Apprenticeships and Technical Education.

Corporate responsibility and social value

Change management and organisational development

Digital content production

Policy and funding support

Workforce planning and productivity

Talent attraction and understandingthe needs of your business WORKABLE SAMPLE

• £60m pay bill x 0.5% levy: £300,000• Minus allowance of £15,000: £285,000• 10% government top-up: £28,500

Total training amount: £313,500

It is payable by employers in the UK at the rate of 0.5% of the payroll cost through PAYE alongside Income Tax and National Insurance.

Employers will not pay the first £15k of the levy, which effectively means that the levy will only be payable on payrolls in excess of £3 million per year.

Public sector organisations will also pay the levy if their payroll meets the above criteria and in addition 2.32% of their workforce are now required to be apprentices.

BENEFITS TOYOUR BUSINESSBabington’s tailored approach to apprenticeship delivery will ensure that your business enjoys a number of different benefits:

The right apprentices through our complementary recruitment and candidate screening process.

More highly skilled and qualified employees

More confident and motivated workforce

Greater productivity, with the knowledge and skills to work more efficiently

Ability to keep up with changing best practice in your sector

Increased employee engagement

Whilst staff receive expert training from the Babington team, they are also moulded to fit the ethos of the business, ensuring that all training is tailored to the needs of the company and the job role

“Since working with Babington to develop ourexisting workforce, we’ve really noticed the benefits.

We now have a happier, more motivated workforce, as well as higher output levels. We wouldn’t hesitate to recommend Babington.”

AMANDA CHARLES | SWITALSKIS SOLICITORS LLP

B E N E F I T S T O Y O U R B U S I N E S S 14

W H O W E A R E 15

WHO WE ARE

Founded in 1974, Babington provides high quality training across the UK to employers of all sizes. We specialise in Accountancy and Professional Services development programmes.As one of the UK’s top providers of professional development programmes and training courses, Babington have recruitment and training options that have helped hundreds of UK companies find effective and affordable solutions for their organisations.

Our proven training methods will help motivate, educate and inspire members of staff to learn new skills that enable businesses to improve their productivity and help move them to the next level, whilst also giving members of staff the ideal platform to prosper within their roles and progress further within the organisation.

Put simply, Babington specialises in building diverse, sustainable, skilled and productive workforces.

ACCOUNTANCYAPPRENTICESHIPACHIEVEMENT

RATE

73.6%

BABINGTON• Birmingham• Bristol• Derby• Leeds• Leicester• Manchester• Milton Keynes• Nottingham• Sheffield• Stoke

GRANT THORNTON• Aberdeen• Belfast• Birmingham• Bristol• Cambridge• Cardiff• Chelmsford• Edinburgh• Gatwick• Glasgow• Ipswich• Leeds• Leicester• Liverpool• London• Manchester• Milton Keynes• Newcastle• Northampton• Norwich• Oxford• Reading• Sheffield• Southampton

Leadership & ManagementDevelopment & Professional Qualifications

G E T I N T O U C HA D VA N C E I N A C C O U N T I N G

01332 345 450 [email protected]

www.babington.co.uk/apprenticeships/accounts

accountancy · accountancy training programme. babington and grant thornton combine expertise in...

Documents