Professional Services (Wales)

Transcription

1 Professional Services (Wales) IMPORTANT NOTIFICATION FOR ALL APPRENTICESHIP STARTS FROM 14 OCTOBER 2016 Modifications to SASW came into effect on 14 October These changes relate to the Essential Skills and Employer Rights and Responsibilities requirements of a framework and they ONLY apply to new Apprenticeship starts on, or after, 14th October. Apprenticeship starts before this date must continue to meet the 2013 SASW requirements for Essential Skills and Employer Rights and Responsibilities. For more details of the changes and how they will affect new starts, please read the following preface page to the framework document. NB: Please check the "Revising a Framework" section for information on any additional changes that may have been made to this framework. Latest framework version? Please use this link to see if this is the latest issued version of this framework: afo.sscalliance.org/frameworkslibrary/index.cfm?id=fr02320 Issue date: 14 January 2014 Published by Financial Skills Partnership

2 CHANGES TO REQUIREMENTS FOR APPRENTICESHIP STARTS FROM 14TH OCTOBER 2016 These changes relate to the Essential Skills and Employer Rights and Responsibilities requirements of a framework and they ONLY apply to new Apprenticeship starts on, or after, 14th October Apprenticeship starts before this date must continue to meet the 2013 SASW requirements for Essential Skills and Employer Rights and Responsibilities. Alternatives for Essential Skill qualifications Foundation s (Level 2): Where Essential Skills qualifications are specified in a foundation framework (Level 2), the framework must specify as a Welsh certificate requirement, the acceptance of one of the following recognised proxy qualifications. For Communication: a. GCSE or igcse qualification in English language or literature to at least grade G (Level 1 equivalent); or b. O Level qualification in English language or literature to at least grade E; or c. A/AS Level qualification in English language or literature to at least grade E; or d. SCQF Level 4 Communication Core Skills (Oral communication and written communication); or e. SQA National 4 English; or f. Functional Skills or Key Skills literacy qualifications in English provided the proxy qualification(s) attained are at Level 1 or above. For Application of Number: a. GCSE or igcse qualification in Mathematics to at least grade G (Level 1 equivalent); or b. O Level qualification in Mathematics to at least grade E; or c. A/AS Level qualification in Mathematics to at least grade E; or d. SCQF Level 4 Numeracy Core Skill (Graphical Information and using number); or e. SQA National 4 Mathematics ; or f. Functional Skills or Key Skills numeracy qualifications in Mathematics provided the proxy qualification(s) attained are at Level 1 or above. Apprenticeships (Level 3): Where Essential Skills qualifications are specified in an framework (Level 3), the framework must specify as a Welsh certificate requirement, the acceptance of one of the following recognised proxy qualifications. For Communication: a. GCSE or igcse qualification in English language or literature to at least grade C (Level 2 equivalent); or b. O Level Qualification in English language or literature to at least grade C; or c. A/AS Level qualification in English or literature to at least grade E; or d. SCQF Level 5 Communication Core Skills (Oral communication and written communication); or e. SQA National 5 English; or f. Functional Skills or Key Skills literacy qualifications in English provided the proxy qualification(s) attained is at Level 2 or above. For Application of Number: a. GCSE or igcse qualification in Mathematics to at least grade C (Level 2 equivalent); or b. O Level Qualification in Mathematics to at least grade C; or c. A/AS Level qualification in Mathematics to at least grade E; or d. SCQF Level 5 Numeracy Core Skill (Graphical information and using number); or e. SQA National 5 Mathematics; or f. Functional Skills or Key Skills numeracy qualifications in Mathematics provided the proxy qualification(s) attained are at Level 2 or above. Higher Apprenticeships (Levels 4-7): Essential Skills requirements are as for an frameworks at Level 3. apprentlceship

3 CHANGES TO REQUIREMENTS FOR APPRENTICESHIP STARTS FROM 14TH OCTOBER 2016 Employer Rights and Responsibilities (ERR) The final modification to SASW is to Employer Rights and Responsibilities (ERR) which is no longer compulsory in frameworks. Please refer to the Employer Rights and Responsibilities section within the framework document to confirm specific requirements. Additional Information It should be noted that SASW has also been modified to reflect existing improvements to Essential Skills Wales Qualifications. These improvements to ESW qualifications were signalled by the revised names: Essential Skills Wales Communication is now Essential Communication Skills (still 6 credits in size) Essential Skills Wales Application of Number Skills is now Essential Application of Number Skills (still 6 credits in size) Essential Skills Wales Information Communication Technology Skills is now Essential Digital Literacy Skills (still 6 credits in size) Whilst there have been some amendments to the content of ESW qualifications, the most significant change has been to the assessment methodology for these qualifications. From 1 January 2016, all new starts have had to follow the revised Essential Skill qualifications. The updated version of SASW, and guidance documents, can be accessed here: Over the coming months, the Essential Skills section within AFO will be amended to reflect the SASW modifications and all current frameworks will be updated and reissued to incorporate these changes. In the meantime, if you are in any doubt as to the requirements of any framework then please contact the relevant Issuing Authority. apprentlceship

4 Professional Services (Wales)

5 Framework summary Professional Services Higher Apprenticeship in Professional Services Pathways for this framework at level 7 include: Pathway 1: Accountancy Competence qualifications available to this pathway: C1 - Level 7 Diploma in Professional Services (Audit and Accountancy Practice) Knowledge qualifications available to this pathway: K1 - ICAEW's Chartered Accountant (ACA) qualification K2 - ACCA's Qualification Combined qualifications available to this pathway: N/A This pathway also contains information on: Employee rights and responsibilities Essential skills Pathway 2: Audit Competence qualifications available to this pathway: C1 - Level 7 Diploma in Professional Services (Audit and Accountancy Practice) Knowledge qualifications available to this pathway: K1 - ICAEW's Chartered Accountant (ACA) qualification K2 - ACCA's Qualification Combined qualifications available to this pathway: N/A This pathway also contains information on: Employee rights and responsibilities Essential skills Pathway 3: Tax Competence qualifications available to this pathway: C1 - Level 7 Diploma in Professional Services (Tax Practice) Knowledge qualifications available to this pathway: K1 - CIOT's Chartered Tax Adviser (CTA) qualification K2 - ICAEW's Chartered Accountant (ACA) qualification K3 - ACCA's Qualification Combined qualifications available to this pathway: N/A This pathway also contains information on: Employee rights and responsibilities

6 Essential skills

7 Framework information Information on the Publishing Authority for this framework: Financial Skills Partnership The Apprenticeship sector for occupations in financial services and accountancy. Issue number: 1 Framework ID: FR02320 This framework includes: Level 7 Date this framework is to be reviewed by: 23/04/2016 This framework is for use in: Wales Short description This Higher Apprenticeship represents a progression route into the professional services. The professional services provide support to businesses, helping them to improve and grow. It will provide employers with a model to meet their need for a professionally qualified and skilled workforce by giving Higher Apprentices the required skills and knowledge, and to access a more diverse talent pool. The framework consists of 3 pathways at Level 7, in Accountancy, Audit and Tax, taking the Higher Apprentices all the way to chartered status and equipping them for a highly skilled career, working either for professional services employers or in related wider industry roles.

8 Contact information Proposer of this framework This framework was proposed by the Welsh Government and the employers that have been involved, but not limited to, in the development of this framework are Pricewaterhouse Coopers LLP, KPMG and BDO. Developer of this framework Name: Organisation: Organisation type: Job title: Steven Poss Financial & Legal Skills Partnership Sector Skills Council Apprenticeships Manager Phone: Postal address: Website: 51 Gresham Street London EC2V 7HQ Issuing Authority's contact details Issued by: Financial Skills Partnership Issuer contact name: Lynn bryson Issuer phone: Issuer

9 Purpose of this framework Summary of the purpose of the framework What are professional services? Professional services include a range of different occupations which provide support to businesses of all sizes and in all sectors. People working in professional services provide specialist advice to their clients. This includes providing tax advice, supporting a company with accounting or providing business advice. The kinds of services provided mean that the professional services sector helps to improve productivity and growth across the economy. Professional services are critical to the success of the UK economy, representing 12.9% of UK GDP, 13.2% of employment and 14% of exports. Source:- http :// Jobs in the professional services Professional services support businesses of all sizes and in a wide range of industries. People working in professional services help their clients to manage and improve their business. Accountants, management consultants and lawyers all provide professional services to their clients. The Professional Services Higher Apprenticeship at Level 4 currently covers jobs in audit, tax and management consultancy. This new Higher Apprenticeship at level 7 (equivalent to Master s level) will take Apprentices all the way to chartered status in audit, accounting and tax. For the first time, individuals will be able to get to fully chartered status entirely through an Apprenticeship route. It provides a natural progression route from the Professional Services Higher Apprenticeship, or the Accounting Higher Apprenticeship, both at level 4. A professional services job includes working in an accountancy firm or in the finance team of another type of company. If you work in an audit, tax or management consultancy team, your job will be to help provide companies with the financial and business advice they need. A job in audit could mean that you will be helping companies with their accounts or analysing financial results for them. If you chose a job in tax, it could mean you will be advising businesses on how to be tax efficient or completing their tax returns. Working in management consultancy could mean that you will be working with companies to help them reduce costs or reorganise them to be more effective or innovative. Finance and business advice drives all companies, be it a large private sector company or a public sector organisation, and professional services training will give you the skills you need to work anywhere in a business.

10 The following website includes more information on the development of Higher Apprenticeships in Professional Services. Source:- es/higher-s-what-are-professional-services.jhtml The Financial and Professional Services sector is one of the key sectors identified in Economical Renewal by the Welsh Assembly Government: a new direction in July 2010:- g=en Therefore, there are significant opportunities for profitable growth in the Financial and Professional Services sector in Wales. This is being driven by the restructuring of the UK Financial and Professional Services industry and the need for more efficient and cost effective business models. The Professional Services sector includes Legal, Accountancy and Corporate Services. They are increasingly working in different ways to respond to regulatory and market changes through the deployment of advanced technological solutions. Professional Services companies in Wales include, but are not limited to:- ARUP Conduit Deloitte KPMG Eversheds Geldards Morgan Cole PWC Siemens Vertex Target Group. Find how Apprenticeships in Wales can help The Welsh Government believes in and supports Apprenticeships in Wales as they fuel the future essential skills base of the nation. Apprenticeships in Wales help to inspire success in the individual and bring huge benefits to the workplace. There are currently on offer a number of initiatives to encourage employers to recruit more apprentices. One of the most popular is the Young Recruits Programme. This is an all Wales programme that provides funding to employers offering high quality programmes who recruit and train young apprentices (16-24 years old). For more information, please

11 visit:- cationandskills/skillsandtraining/s/;jsessionid=56d6fc59315dfbd9668aa13 491EDBC0B?lang=en The professional services sector remains integral to the success of the UK economy. The UK Commission for Employment and Skills (UKCES) forecasts that between 2010 and 2020, professional and business services will grow by over 12 per cent; equivalent to more than 1 million additional jobs. Source:- 41-working-futures pdf 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. Securing the right quality and quantity of skills will be crucial to delivering this forecasted growth. Whilst demand for employment in the professional services sector is projected to increase markedly, the sector is facing a 'talent crunch'. Traditional recruitment pools are proving insufficient to meet demand, leaving employers unable to meet current skills shortages in the professions. The employment and skills issues faced by the professional services sector combine to represent huge talent demand for Higher Apprenticeships in this area. This Higher Apprenticeship at Level 7 represents a powerful lever in the professions' efforts to address skills issues in the sector. The business need for Higher Apprenticeships is compelling: There are significant skills shortages in the professions, the professional services sector is growing and demand has begun to outweigh supply. In order to help employers to meet the current skills shortages in the professions, recruiting in new ways, from a broader talent pool, will be essential to meet demand for business growth. There is demand from employers for a natural progression route, engagement with employers of all sizes during the development of the framework has demonstrated significant demand for progression to the highest levels in accountancy, audit and tax. The framework has thus been designed to integrate with existing Higher Apprenticeship at Level 4, such as the Accounting and Professional Services Higher Apprenticeships, providing a smooth progression route to chartered status in the professions. The framework provides a nationally recognised, work-based route all the way to chartered status, until now, a progression route from school through to full chartered status has not been possible through an Apprenticeship route. Though some professional services employers have school-leaver entry routes, these are resource intensive to develop. This framework will allow all employers, including small and medium-sized employers, to benefit from a recognised and structured framework with alignment with chartered status tailored to sector requirements. The framework supports recruitment and retention through the powerful combination of structured learning, a nationally recognised qualification, chartered status and business skills, having all of these elements in one Higher Apprenticeship at the highest level is new for employers, and is a unique way to enable the recruitment of new Higher

12 Apprentices, retain existing staff and development the career of the successful accountants, auditors and tax advisers of the future. This framework has been developed by employers, professional bodies, sector skills council and training providers to meet the needs of small, medium and larger employers. It has the blend of professional qualifications and wider competence skills to enable Higher Apprentices to operate effectively at chartered status level, in a professional services environment. The Institute of Chartered Accountants in England and Wales (ICAEW), the Chartered Institute of Taxation, the Association of Taxation Technicians (ATT), the Association of Accounting Technicians (AAT) and the Financial & Legal Skills Partnership have all been key partners in the development of this framework. A working group comprised of audit, accountancy and tax employers, representing a wide range of sizes and geographies has also been involved in shaping and developing this framework. The qualifications are therefore tailored to employer requirements for either new entrants to the audit, accountancy and tax professions or those looking to progress from other qualifications or levels, and provides a sound basis for further career progression within the sector. All learners commencing their Higher Apprenticeship must have an Apprenticeship Agreement between the employer and the apprentice. This can be used to reinforce the understanding of the requirements of the Higher Apprenticeship. Aims and objectives of this framework (Wales) This Higher Apprenticeship framework is to provide employers of all sizes across the sector with a workforce able to deliver the skills, knowledge and competence needed to fuel growth within the professions. There is wide support for this Higher Apprenticeship from large and small employers across the professional services sector. The key objectives of this framework are to: Help employers to meet the current skills shortages in the professions, the Professional Services Higher Apprenticeship at Level 7 will enable employers to take a nationally recognised programme to the recruitment market which offers prospective employees a structured and accredited route to highly skilled careers in the professional services. Help employers to recruit a broad and diverse talent pool into the professional service sector, by creating a recognised alternative route into the sector, the Professional Services Higher Apprenticeship at Level 7 will enable employers to access otherwise untapped, under-represented pools of talented recruits with the talent to thrive in professional services. Help employers offer best value to their clients and grow their business, one of the challenges in the professions is to understand and add real value to clients. Mirroring the diversity of a client base in the composition of an organisation's workforce is essential -

13 evidence shows that having a diverse workforce can have a real, positive impact on business performance and a business' bottom line. Apprenticeships are a proven tool in employers' efforts to do this. Improve access to the professions. creating a new Higher Apprenticeship route at Level 7 to high skill careers in the professional services sector has the potential to open up access to under-represented groups of young people who might not otherwise aspire to pursue a career in the professions. The Welsh Government's Minister for Education and Skills and the Deputy Minister for Skills have both highlighted the importance of higher s as an alternative route to higher education for individuals in Wales. The Welsh Government will continue to promote Apprenticeships as our flagship work-based learning programme, Minister's response to Welsh Skills and Employment Board. Source:-The Minister s response to the WESB report on Skills for Jobs Priorities - Page 10 - commitment to develop Higher Apprenticeships beyond Level ip=1&lang=en More recently, in response to the Higher Education Funding Council for Wales (HEFCW) Future restructuring of Higher Education in Wales, the Minister said he believes that the changes we are considering will raise participation, improve skills and tackle low aspirations through entry to HE - Press release 29 November Key strategy documents which stress that higher level skills are critical to the Welsh economy include: Skills that work for Wales: A Skills and Employment Strategy Action Plan Page 51 - to develop Higher Level Apprenticeships. /skillsthatforwales/?lang=en Skills for Jobs: The National Strategic Skills Audit for Wales; June Includes a list of the critical, important and medium priority skills for Wales - Page 22 Future skills needs are required in the Professional Services sector - publications/nssa-wales-vol-1 Welsh Employment and Skills Board: Skills for Jobs Priorities and High Performance Working; July Page 3 and 12 - Requirements for Higher Apprenticeships beyond Level 5 - ht tp:// The Minister s response to the WESB report on Skills for Jobs Priorities - Page 10 - commitment to develop Higher Apprenticeships beyond Level ip=1&lang=en

14 Entry conditions for this framework Requirements for this framework align with those set by the professional bodies for entry on to their respective professional qualifications. The Institute of Chartered Accountants in England and Wales's (ICAEW) requirements for entry onto the Chartered Accountant (ACA) qualification and the Association of Chartered Certified Accountants (ACCA) qualification for the accounting and audit pathways and Chartered Institute of Taxation's (CIOT) requirements for entry onto the Chartered Tax Advisor (CTA) qualification for the tax pathway. These are specified in more detail later on in this document under each relevant pathway section. Following consultation with employers, professional bodies and training providers, the following are also recommended as an indication of additional credentials employers may choose to consider as part of their entry requirements in order to maximise their Higher Apprentice's chances of success on the programme and future progression: Strong communication skills and vocational experience Good IT literacy 5 GCSEs at grade C or above including Maths and English, or equivalent Desire to develop a career in the professional services sector. The IT Essential Skill is not required for this framework as individuals are recruited with this skill. Training providers and employers are encouraged to consider alternatives to qualifications when entering into this Higher Apprenticeship to ensure equality of access for people with a learning difficulty. These alternatives include volunteering, employment, portfolio of evidence and non-accredited courses. Successful recruitment practices will ensure that Higher Apprentices with the potential to complete the framework are placed on the programme. Providers and employers are advised to develop recruitment practices where potential Higher Apprentices are required to complete an application form, attend an interview and undertake an appropriate initial assessment. Whilst the framework does not prescribe the use of any particular assessment and diagnostic tools, those used must be fit for purpose with regard to measuring key underpinning skills and aptitudes (e.g. communication skills, team work) and suitability for working within the professions with regard to personal attitudes, attributes and behaviours. 'Competence based' interview approaches will often be suitable. An initial assessment once a learner has started is also important to allow the programme to be tailored to meet individual learning and support needs and to recognise prior learning and experience. This assessment is likely to include assessment of abilities and support needs in relation to knowledge qualifications and assessment of prior experience and qualifications. In addition, it must include discussions with individuals about their ambitions and motivations. A

15 career in professional services will suit candidates with an interest in communication and building relationships, problem solving and with at least basic literacy, numeracy and IT skills. In the case for Accredited Prior Learning (APL) for competence and knowledge skills, the Higher Apprenticeship programme should be tailored to allow the Higher Apprentice to undertake new learning, including learning at a higher level and develop new skills. Higher Apprentices may be asked to declare any criminal convictions, bankruptcy or County Court Judgements (CCJs) as part of their employer's compliance processes or as a condition of registration for professional qualifications.

16 Level 7 Title for this framework at level 7 Higher Apprenticeship in Professional Services Pathways for this framework at level 7 Pathway 1: Accountancy Pathway 2: Audit Pathway 3: Tax

17 ... Pathway 1 Level 7, Pathway 1: Accountancy Description of this pathway This pathway includes both a technical knowledge component and a competence element as listed below. The total minimum credit value is 108 credits: ICAEW s Chartered Accountant (ACA) or ACCA's Qualification; Level 7 Diploma in Professional Services (Audit & Accountancy practice) 96 credits; Level 2 Essential Skills in Application of Number and Communication - 12 credits. The expected minimum duration for a Higher Apprentice to complete the framework is months, taking into account the length of work experience required for completion of the professional qualification (see below for more detail). Entry requirements for this pathway in addition to the framework entry requirements Entry requirements for this pathway align with those set by the ICAEW and ACCA for entry onto their qualifications. These can be found on: ce/qualifications/aca-entry-routes accaglobal.co.uk/en/qualifications/glance/acca/who.html Learners choosing to undertake this pathway must have met one of the following minimum entry requirements for entry onto the Accountancy pathway: An Apprenticeship at level 4 (either the Professional Services Higher Apprenticeship or Accountancy Higher Apprenticeship); or ICAEW s Certificate in Finance, Accounting and Business (CFAB) or the ACCA Level 4 Diploma in Accounting and Business qualification, Association of Accountancy Technician (AAT) qualification or an equivalent qualification; or Other routes accepted for entry to the ACA or ACCA routes (please refer to the ICAEW

18 ... Pathway 1 and ACCA's website).

19 ... Pathway 1 Job title(s) Accountancy senior trainee Job role(s) Duties include briefing and coaching junior staff and reviewing their work, maintaining accountancy records, preparing financial accounts, managing information and financial statements, advising on business transactions.

20 ... Pathway 1 Qualifications Competence qualifications available to this pathway C1 - Level 7 Diploma in Professional Services (Audit and Accountancy Practice) No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value C1a 600/8360/8 OCR N/A Knowledge qualifications available to this pathway K1 - ICAEW's Chartered Accountant (ACA) qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K1a N/A Institute of Chartered Accountants in England & Wales (ICAEW) N/A N/A N/A K2 - ACCA's Qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K2a N/A Association of Chartered Certified Accountants N/A N/A N/A

21 ... Pathway 1 Combined qualifications available to this pathway N/A Relationship between competence and knowledge qualifications Higher Apprentices must complete one competence qualification and one knowledge qualification from those listed within this pathway. To successfully complete the knowledge part of this Higher Apprenticeship and achieve chartered status with ICAEW, Higher Apprentices will need to complete the ACA exams as well as the components listed below: 450 days of technical work experience over a minimum three year period in an ICAEW approved Authorised employer; and The ICAEW ethics development programme; and The ICAEW Initial Development Programme. To successfully complete the knowledge part of this Higher Apprenticeship and achieve chartered status with ACCA, Higher Apprentices will need to complete the ACCA examinations as well as the components listed below: Record 36 months' Practical Experience in a relevant role and achieve 13 of the ACCA performance objectives; and The ACCA Professional Ethics module. For further information on ACCA requirements please click the following link, /

22 ... Pathway 1 Transferable skills (Wales) Essential skills (Wales) Minimum level Credit value Communication Level 2 6 Application of numbers Level 2 6 IT N/A N/A Progression routes into and from this pathway Progression into this pathway Progression into this pathway can come from a range of routes due to the varying backgrounds and past academic and work related experiences of Higher Apprentices but may include the following qualifications and Apprenticeships: Professional Services Higher Apprenticeship at level 4; Accountancy Higher Apprenticeship at level 4; ICAEW s Certificate in Finance Accounting and Business (CFAB) / AAT Accounting qualification; ACCA's Level 4 Diploma in Accounting and Business; Other relevant audit and accountancy qualifications; A-levels and alternative qualifications. Progression routes from this pathway Higher Apprentices can, following completion of the Level 7 Higher Apprenticeship in Professional Services, progress onto: Further postgraduate or doctoral education to undertake business related or other qualifications; Membership and/or fellowship of professional bodies, including the Institute of Chartered Accountants in England and Wales (ICAEW) and Association of Chartered Certified Accountants (ACCA); Continuing Professional Development (CPD) to manage their learning and growth and keep their technical knowledge up to date. Upon achieving the ACA or ACCA professional qualification, many universities will allow students advanced standing (or exemptions) to certain degree courses. The ICAEW and ACCA

23 ... Pathway 1 has a number of formal arrangements with other accountancy bodies, which enable students to receive formal exemptions (ranging from partial to full international recognition) to another professional accountancy qualification. In addition ACA and ACCA qualified students may be awarded credit for prior learning towards other professional qualifications. For further information on ACCA s recognition arrangements with other accountancy bodies please use the following link: Further information can be found on the FLSP's Careers website - Higher Apprentices may, with continued training, progress in their careers within their current job role/alternative job roles. Further career options may include a wide range of senior managerial roles within business. UCAS points for this pathway: N/A

24 ... Pathway 1 Employee rights and responsibilities If learners undertaking this pathway have not completed the Employee rights and responsibilities outcomes previously, they can complete the Professional Services workbook or related project which can be found via the link below:- hips However, this is not a requirement for an certificate.

25 ... Pathway 2 Level 7, Pathway 2: Audit Description of this pathway This pathway includes both a technical knowledge component and a competence element as listed below. The total minimum credit value is 108 credits: ICAEW s Chartered Accountant (ACA) or the ACCA's Qualification; Level 7 Diploma in Professional Services (Audit & Accountancy practice) 96 credits; Level 2 Essential Skills in Application of Number and Communication - 12 credits. The expected minimum duration for a Higher Apprentice to complete the framework is months, taking into account the length of work experience required for completion of the professional qualification (see below for more detail). Entry requirements for this pathway in addition to the framework entry requirements Entry requirements for this pathway align with those set by the ICAEW and ACCA for entry onto their Chartered Accountant qualifications. These can be found on: ce/qualifications/aca-entry-routes accaglobal.co.uk/en/qualifications/glance/acca/who.html Learners choosing to undertake this pathway must have met one of the following minimum entry requirements for entry onto the Audit pathway: An Apprenticeship at level 4 (either the Professional Services Higher Apprenticeship or Accountancy Higher Apprenticeship); or ICAEW s Certificate in Finance, Accounting and Business (CFAB) or the ACCA Level 4 Diploma in Accounting and Business qualification, Association of Accountancy Technician (AAT) qualification or an equivalent qualification; or Other routes accepted for entry to the ACA or ACCA routes (please refer to the ICAEW

26 ... Pathway 2 and ACCA's website).

27 ... Pathway 2 Job title(s) External/internal audit senior trainee Job role(s) Duties include briefing and coaching junior staff and reviewing their work, planning internal/external audit engagements, carrying out all major sections of an audit, communicating with clients and senior teams.

28 ... Pathway 2 Qualifications Competence qualifications available to this pathway C1 - Level 7 Diploma in Professional Services (Audit and Accountancy Practice) No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value C1a 600/8360/8 OCR N/A Knowledge qualifications available to this pathway K1 - ICAEW's Chartered Accountant (ACA) qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K1a N/A Institute of Chartered Accountants in England & Wales (ICAEW) N/A N/A N/A K2 - ACCA's Qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K2a N/A Association of Chartered Certified Accountants N/A N/A N/A

29 ... Pathway 2 Combined qualifications available to this pathway N/A Relationship between competence and knowledge qualifications Higher Apprentices must complete one competence qualification and one knowledge qualification from those listed within this pathway. To successfully complete the knowledge part of this Higher Apprenticeship and achieve chartered status with ICAEW, Higher Apprentices will need to complete the ACA exams as well as the components listed below: 450 days of technical work experience over a minimum three year period in an ICAEW approved authorised employer; and The ICAEW ethics development programme; and The ICAEW Initial Development Programme. In addition to the above, in order to obtain the audit qualification and be able to practice audit in the UK, the Higher Apprentice will need to have completed at least two years of the technical work experience with a firm which is also a UK or EU registered statutory auditor. The Higher Apprentice must also have personally gained at least 48 weeks of appropriate audit experience during this time, of which at least 24 weeks must have been in UK statutory audit as defined in the Companies Act 2006 and the balance in either UK statutory audit experience or other audit work which has been accepted by the FRC and the ICAEW as work similar to UK statutory experience. Moreover, credit for prior learning may in certain circumstances be possible for some or all of the Professional Stage ACA examinations but all of the Advanced Stage examinations must have been sat and passed. To successfully complete the knowledge part of this Higher Apprenticeship and achieve chartered status with ACCA, Higher Apprentices will need to complete the ACCA exams as well as the components listed below: Record 36 months of practical experience in a relevant role and achieve 13 of the ACCA performance objectives; and Have passed the UK or Irish variants of ACCA papers P7, Advanced Audit and Assurance, P2 Corporate Reporting; F4, Corporate and Business Law; F6 Taxation; and Complete three years of training in an AE-PCD (audit), two of which must be post-membership. Two of the three years must be under the supervision of a registered auditor. Of the three years training, at least 44 weeks must be in audit, of which at least

30 ... Pathway 2 22 weeks must be in statutory audits but this experience may be gained pre or post membership. Further information on the ACCA Practising Certificate and Audit Qualification can be found at the following link: ertificates.html

31 ... Pathway 2 Transferable skills (Wales) Essential skills (Wales) Minimum level Credit value Communication Level 2 6 Application of numbers Level 2 6 IT N/A N/A Progression routes into and from this pathway Progression into this pathway Progression into this pathway can come from a range of routes due to the varying backgrounds and past academic and work related experiences of Higher Apprentices but may include the following qualifications and Apprenticeships: Professional Services Higher Apprenticeship at level 4; Accountancy Higher Apprenticeship at level 4; ICAEW s Certificate in Finance Accounting and Business (CFAB) / Association of Accounting Technicians (AAT) Accounting qualification; ACCA's Level 4 Diploma in Accounting and Business; Other relevant audit and accountancy qualifications; A-levels and alternative qualifications. Progression routes from this pathway Higher Apprentices can, following completion of the Level 7 Higher Apprenticeship in Professional Services, progress onto: Further postgraduate or doctoral education to undertake business related or other qualifications; Membership and/or fellowship of professional bodies, including the Institute of Chartered Accountants in England and Wales (ICAEW) and Association of Chartered Certified Accountants (ACCA); Continuing Professional Development (CPD) to manage their learning and growth and keep their technical knowledge up to date. Upon achieving the ACA and ACCA professional qualifications, many universities will allow students advanced standing (or exemptions) to certain degree courses. The ICAEW and ACCA

32 ... Pathway 2 has a number of formal arrangements with other accountancy bodies, which enable students to receive formal exemptions (ranging from partial to full international recognition) to another professional accountancy qualification. In addition ACA and ACCA qualified students may be awarded credit for prior learning towards other professional qualifications. For further information on ACCA s recognition arrangements with other accountancy bodies please use the following link: Further information can be found on the FLSP's Careers website - Higher Apprentices may, with continued training, progress in their careers within their current job role/alternative job roles. Further career options may include a wide range of senior managerial roles within business. UCAS points for this pathway: N/A

33 ... Pathway 2 Employee rights and responsibilities If learners undertaking this pathway have not completed the Employee rights and responsibilities outcomes previously, they can complete the Professional Services workbook or related project which can be found via the link below:- hips However, this is not a requirement for an certificate.

34 ... Pathway 3 Level 7, Pathway 3: Tax Description of this pathway This pathway includes both a technical knowledge component and a competence element as listed below. The total minimum credit value is 133 credits: CIOT s Chartered Tax Adviser (CTA), ICAEW or ACCA's Qualification; Level 7 Diploma in Professional Services (Tax practice) 121 credits; Level 2 Essential Skills in Application of Number and Communication - 12 credits. The expected minimum duration for a Higher Apprentice to complete the framework is months, taking into account the length of work experience required for completion of the professional qualification (see below for more detail). Entry requirements for this pathway in addition to the framework entry requirements Entry requirements for this pathway align with those set by the CIOT for entry onto the CTA qualification. For details please refer to the CTA Prospectus which can be found on: g.uk/students_qualifications/newctastudents Learners choosing to undertake this pathway must have met one of the following minimum entry requirements for entry onto the Tax pathway: Level 4 Professional Services Higher Apprenticeship (including the ATT qualification); or The ATT qualification; or Other routes accepted for entry to the CTA (please refer to the CTA Prospectus).

35 ... Pathway 3 Job title(s) Tax senior trainee Job role(s) Duties include manage preparation and submission of tax returns and computations, research and analyse tax information, meet with clients, collate tax advisory information, assist with the provision of tax advisory services (transactional and structural), brief and coach junior staff.

36 ... Pathway 3 Qualifications Competence qualifications available to this pathway C1 - Level 7 Diploma in Professional Services (Tax Practice) No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value C1a 600/8359/1 OCR N/A Knowledge qualifications available to this pathway K1 - CIOT's Chartered Tax Adviser (CTA) qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K1a N/A Chartered Institute of Taxation N/A N/A N/A K2 - ICAEW's Chartered Accountant (ACA) qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K2a N/A Institute of Chartered Accountants in England & Wales (ICAEW) N/A N/A N/A

37 ... Pathway 3 Knowledge qualifications available to this pathway (cont.) K3 - ACCA's Qualification No. Ref no. Awarding organisation Credit value Guided learning hours UCAS points value K3a N/A Association of Chartered Certified Accountants (ACCA) N/A N/A N/A

38 ... Pathway 3 Combined qualifications available to this pathway N/A Relationship between competence and knowledge qualifications Higher Apprentices must complete one competence qualification and one knowledge qualification from those listed within this pathway. The CIOT s Chartered Tax Adviser (CTA) qualification will be the principal choice, but alternative options are also offered. In order to undertake this pathway, Apprentices will be expected to have completed their Association of Taxation Technicians qualification, set and assessed by the Association of Taxation Technicians (ATT). To successfully attain the knowledge part of this Apprenticeship and achieve chartered status, Higher Apprentices will need to complete the CIOT s Chartered Tax Adviser (CTA) qualification, the ICAEW s Chartered Accountant (ACA) or ACCA's Qualification. Please note that Apprentices who have passed the ATT Certificate papers, to achieve eligibility for the CTA examination, must in addition transfer any remaining portion of their ATT registration to the Institute, re-registering as a student if necessary. To achieve membership with CIOT on completion of their training, Apprentices will also have to obtain sponsorship from two recognised members. Entry requirements for this pathway align with those set by the ICAEW and ACCA for entry onto their Chartered Accountant qualifications. These can be found on: ce/qualifications/aca-entry-routes accaglobal.co.uk/en/qualifications/glance/acca/who.html

39 ... Pathway 3 Transferable skills (Wales) Essential skills (Wales) Minimum level Credit value Communication Level 2 6 Application of numbers Level 2 6 IT N/A N/A Progression routes into and from this pathway Progression into this pathway Progression into this pathway can come from a range of routes due to the varying backgrounds and past academic and work related experiences of Higher Apprentices but may include the following qualifications and Apprenticeships: Professional Services Higher Apprenticeship at level 4; ATT s Association of Taxation Technicians qualification; Other relevant Tax qualifications; A-levels and alternative qualifications. Progression routes from this pathway Higher Apprentices can, following completion of the Level 7 Higher Apprenticeship in Professional Services, progress onto: Further postgraduate or doctoral education to undertake business related or other qualifications; Membership of professional bodies, including the Chartered Institute of Taxation (CIOT); CIOT Fellowship; Develop tax specialism; Advanced Diploma in International Tax; Continuing Professional Development (CPD) to manage their learning and growth and keep their technical knowledge up to date. Upon achieving the CTA professional qualification, some universities may allow students advanced standing (or exemptions) to certain degree courses. The CTA also has formal arrangements with other accountancy bodies, which enable students to receive formal exemptions (ranging from partial to full recognition) to another professional qualification.

40 ... Pathway 3 Further information can be found on the FLSP's Careers website - Higher Apprentices may, with continued training, progress in their careers within their current job role/alternative job roles. Further career options may include a wide range of senior managerial roles within tax. UCAS points for this pathway: N/A

41 ... Pathway 3 Employee rights and responsibilities If learners undertaking this pathway have not completed the Employee rights and responsibilities outcomes previously, they can complete the Professional Services workbook or related project which can be found via the link below:- hips However, this is not a requirement for an certificate.

42 The remaining sections apply to all levels and pathways within this framework. How equality and diversity will be met The Fair Access to the Professions report (July 2009) - etoffice.gov.uk/media/227102/fair-access.pdf - highlighted that unless the trends of recent decades are reversed, the typical accountant of the future will today be growing up in a family that is better off than three in four of all families in the UK. Inequalities based on gender also persist in the professions. One recommendation of the report is to provide Apprenticeships with flexible entry and progression into the Professions which can support mid-career, career interchange and career returner opportunities. The Anderson review (2011) further endorsed this recommendation with regards to Accountancy - UKCES Building Future Skills in Accountancy - e-skills-accountancy.pdf Improving equality and diversity within the professional services sector is one of the key objectives of this Higher Apprenticeship. Our aim is to see under-represented groups enter and progress within the professions with greater ease. This Higher Apprenticeship route builds on the Professional Services and Accounting Higher Apprenticeships at Level 4 and not only opens up access to under-represented groups of young people who might not otherwise aspire to pursue a career in the professions; but offers them a much needed progression route towards long term high skilled careers. Alongside developing this framework, the parties involved in the Professional Services Higher Apprenticeship project (including employers, professional bodies, learning providers and sector bodies) have put in place a programme of learner and employer engagement designed to raise awareness and aspirations amongst individuals and employers. They have and continue to conduct a significant programme of engagement with schools across the UK, and have developed toolkits and accompanying guidance material that can be used by partner organisations and across the sector thus generating sustainability for the engagement process. A high profile Skills Competition has also been developed to raise the profile of the Higher Apprenticeship and the professional services sector. This will make the Higher Apprenticeship a desirable and credible route for learners from all backgrounds. Entry conditions to this framework do not discriminate against any individuals, with the framework being open and accessible to all potential Apprentices, regardless of gender, ethnic origin, religion or disability who meet the stated selection criteria. Training providers and employers must comply with the Equality Act to ensure that applicants are not discriminated against in terms of entry to and promotion within

43 the industry. The framework provides clear progression routes to Higher Education, chartered status and continued career progression. This will enable new talent, regardless of background or qualifications to develop and thrive at the highest levels.

44 On and off the job training (Wales) Summary of on- and off-the-job training On and off-the-job training must be received whilst working under the Higher Apprenticeship agreement, or alternatively during a period ending on the date of application for an certificate. For Higher Apprentices who have already achieved the relevant qualifications and for which on and off learning hours can be received, they must have been certificated within 10 years from the date of application for the Higher Apprenticeship Certificate or have been continuously employed in the industry for at least 15 years. Accountancy pathway The total number of learning hours for the Accountancy pathway is 5964 hours. The total number of the learning hours to be delivered on and off-the-job is as follows:- ICAEW Chartered Accountant or ACCA qualification 5000 hours Level 7 Diploma in Professional Services (Audit and Accountancy Practice) 839 hours Level 2 Essential Skill in Application of Number 45 hours Level 2 Essential Skill in Communication 45 hours FLSP Apprentice Workbook 35 hours Audit pathway The total number of learning hours for the Audit pathway is 5964 hours. The total number of the learning hours to be delivered on and off-the-job is as follows:- ICAEW Chartered Accountant or ACCA qualification 5000 hours Level 7 Diploma in Professional Services (Audit and Accountancy Practice) 839 hours Level 2 Essential Skill in Application of Number 45 hours Level 2 Essential Skill in Communication 45 hours FLSP Apprentice Workbook 35 hours Tax pathway The total number of learning hours for the Tax pathway is 6192 hours. The total number of the learning hours to be delivered on and off-the-job is as follows:- CIOT CTA qualification, ICAEW Chartered Accountant or ACCA qualification is 5000 hours Level 7 Diploma in Professional Services (Tax Practice) 1067 hours Level 2 Essential Skill in Application of Number 45 hours

45 Level 2 Essential Skill in Communication 45 hours FLSP Apprentice Workbook 35 hours The expected minimum duration for a Higher Apprentice for each pathway to complete the framework is months, taking into account the length of work experience required for completion of the professional qualification. Off-the-job training A minimum amount of the total learning hours must be provided off the job. This will enable the Higher Apprentice to develop the technical skills of the job and to develop their knowledge of theoretical concepts across a range of contexts and the wider market. This type of learning will be delivered away from the immediate pressures of the job. It may be delivered in the workplace, or away from the workplace in a college or training provider premises. The minimum off-the-job learning hours for the 3 pathways is:- Accountancy pathway: approximately 2000 hours off-the-job Audit pathway: approximately 2000 hours off-the-job Tax pathway: 1425 hours off-the-job This has been calculated as follows: Accountancy pathway: ICAEW Chartered Accountant qualification + Apprentice Workbook + Essential Skills = = 1975 hours off-the-job. Accountancy pathway - ACCA qualification + Apprentice Workbook + Essential Skills = = 2085 hours off-the-job. Audit pathway: ICAEW Chartered Accountant qualification + Apprentice Workbook + Essential Skills = = 1975 hours off-the-job. Audit pathway - ACCA qualification + Apprentice Workbook + Essential Skills = = 2085 hours off-the-job. Tax pathway: ICAEW Chartered Accountant + Apprentice Workbook + Essential Skills = = 1975 hours off-the-job. Tax pathway: ACCA qualification + Apprentice Workbook + Essential Skills = = 2085 hours off-the-job. Tax pathway: CIOT qualification + Apprentice Workbook + Essential Skills = = 1425 hours off-the-job. However, note that in practice the breakdown of off-the-job learning hours across components of the Higher Apprenticeship may differ, for example, some off-the-job learning hours might be delivered via the competence qualification. Higher Apprentices may take less or more time to complete the framework based on their educational attainment and circumstances. Further off-the-job training can also be provided to exceed the minimum requirement.

46 Any learning undertaken before the started their may count towards the off-the-job training required for the if it was undertaken in relation to an accredited qualification contained in the framework. How this requirement will be met Examples of off-the-job learning can include: Online and distance learning; Formal Training; Feedback and mentoring following call monitoring and audits; Briefings such as morning "huddles", product updates; Competence qualification and essential skills assessments; One to one teaching and coaching for the Higher Apprenticeship e.g. for the knowledge units or essential skills; Required assignment work and study between workshops e.g. for the knowledge units; Review meetings; One to one's and appraisals; Pre-course preparation work. Evidence of off-the-job learning hours will include: The completion certificate for the knowledge qualification; The ERR Workbook sign-off sheet. A sign off form will be completed by the Higher Apprentice, employer and provider to confirm the learning hour requirements have been achieved and this will be submitted to the certifying authority at the certification stage. On-the-job training The framework also includes on-the-job learning which encourages and enables the Higher Apprentice to demonstrate practical job-related skills to practise and apply these skills in the context of the job. This type of learning will be delivered in the workplace and through practical experience of doing the job. There is no formal minimum level of on-the-job learning. However guideline recommendations are given below for the amount of on-the-job learning hours. The recommended on-the-job learning hours for the 3 pathways is: Accountancy pathway hours Audit pathway hours Tax pathway hours

47 This has been calculated as follows: Accountancy pathway - ICAEW Chartered Accountant qualification (450 days of technical work day = 7 hours per day) + Level 7 Diploma in Professional Services (Audit and Accountancy practice) = = 3989 on-the-job learning hours. Accountancy pathway - ACCA qualification (3 years practical experience) + Level 7 Diploma in Professional Services (Audit and Accountancy practice) = = 4179 on-the-job learning hours. Audit pathway - ICAEW Chartered Accountant qualification (450 days of technical work days = 7 hours per day) + Level 7 Diploma in Professional Services (Audit and Accountancy practice) = = 3989 on-the-job learning hours. Audit pathway - ACCA qualification (3 years practical experience) + Level 7 Diploma in Professional Services (Audit and Accountancy practice) = = 4179 on-the-job learning hours. Tax pathway - CIOT qualification (3 years practical experience) + Level 7 Diploma in Professional Services (Tax Practice) = = 4407 on-the-job learning hours. Tax pathway - ICAEW Chartered Accountant qualification (450 days of technical work days + Level 7 Diploma in Professional Services (Tax Practice) = = 4217 on-the-job learning hours. Tax pathway - ACCA qualification (3 years practical experience) + Level 7 Diploma in Professional Services (Tax practice) = = 4407 on-the-job learning hours. However, note that in practice the breakdown of on-the-job learning hours across components of the Higher Apprenticeship may differ, for example, some on-the-job learning hours might be delivered via the knowledge qualification. Higher Apprentices may take less or more time to complete the framework based on their educational attainment and circumstances. Further on-the-job training can also be provided to exceed the minimum requirement. These hours may vary depending on previous experience and attainment of the Higher Apprentice. Where a learner enters an agreement having previously attained or acquired the appropriate competencies qualification, alternative on-the-job learning should be customised to the workplace. Prior learning needs to be recognised and documented using the relevant QCF credit transfer, QCF exemption or Recognition of Prior Learning (RPL) procedures. The amount of on-the-job training required to complete the under the Higher Apprenticeship agreement may then be reduced accordingly, provided the number of on-the-job hours for this framework can be verified for certification. When a Higher Apprentice can claim (e.g. 25% or more hours) towards on-the-job framework total through prior learning acquired from previous full-time education, employment, or other vocational programmes, the apprentice's learning programme should include 'customisation'. Training providers are encouraged to identify additional on-the-job training programmes that

48 customise the learning to the new workplace. Customisation programmes may include selecting appropriate additional unit(s) from QCF qualifications, or relevant units recognised as Quality Assured Lifelong Learning (QALL) through a CQFW recognised body, or follow Essential Skills at a higher level than that specified in the framework, including one or more Wider Key Skills or other competency-based qualifications/units relevant to the workplace. How this requirement will be met Examples of on-the-job learning can include: Side by side training for those new to a role or who need to improve their skills; Live coaching such as around call monitoring; Job shadowing; Supervised day to day caseload activity; and intranet updates. Evidence of on-the-job learning hours will include: The completion certificate for the competence qualification.

49 Wider key skills assessment and recognition (Wales) Improving own learning and performance An additional qualification and/or units covering the Improving own learning and performance wider key skills are not required. The relevant skills will be achieved through successful completion of either (as appropriate to pathway): Level 7 Diploma in Professional Services (Audit and Accountancy Practice); Level 7 Diploma in Professional Services (Tax Practice). Working with others An additional qualification and/or units covering the Working with others wider key skills are not required. The relevant skills will be achieved through successful completion of either (as appropriate to pathway): Level 7 Diploma in Professional Services (Audit and Accountancy Practice); Level 7 Diploma in Professional Services (Tax Practice). Problem solving An additional qualification and/or units covering the Problem solving wider key skills are not required. The relevant skills will be achieved through successful completion of either (as appropriate to pathway): Level 7 Diploma in Professional Services (Audit and Accountancy Practice); Level 7 Diploma in Professional Services (Tax Practice).

50 Additional employer requirements There are no additional mandatory employer requirements for this framework. However, in line with good practice, employers and training providers are encouraged to ensure the Higher Apprentice has the opportunity to gain awareness of their rights and responsibilities in the workplace. It is recommended that Higher Apprentices achieve the standards of attainment set out in the Employee Rights and Responsibilities (ERR) national outcomes which can be found in 'The Specification of Apprenticeship Standards for Wales' - Page ov.uk/docs/dcells/publications/ sasw-en.pdf Higher Apprentices may attain these outcomes by completing a workbook or a relevant project which employers may choose to cover during a Higher Apprentice's induction or other appropriate times during their Higher Apprenticeship.

51 For more information visit