Laura Beswick Director of Accountancy & Tax … of Finance...Apprentices - The future of your business Laura Beswick Director of Accountancy & Tax Apprenticeships Today we will cover
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Apprentices - The future of your business Laura Beswick Director of Accountancy & Tax Apprenticeships
Laura BeswickDirector of Accountancy & Tax Apprenticeships
Today we will cover
• Overview of the BPP CIMA Apprenticeship
• How you can use the levy
• Common employer queries
• Top 10 tips for helping you help your apprentice
Higher or lower?
2.1 billion 2100 3662 0 47 332207
million
Overview of BPP CIMA
ApprenticeshipProgramme
Level 4: Professional accounting/tax technician
Equivalent to the first year of an undergraduate degree
and aligns to the CIMA Certificate in Business Accounting
Level 7: Accountancy/taxat
ion professionalEquivalent to a
master’s degree and the Full CIMA Qualification
Level 4CIMA Certificate in Business
Accounting
Level 7
Full CIMA Qualification
Level 4 and Level 7
Programme Structure
KnowledgeProfessional Qualification
Courses & Exams
Skills & BehavioursWork place learning supported
by BPP Activities
Gateway Review
EPA 2Course & Exam
EPA 1Course & Exam
Competent
BPP
Perfo
rman
ce S
uppo
rt
Presenter
Presentation Notes
Overview of what all accounting/tax apprenticeships look like Each apprenticeship is made up of 2 x elements – the apprenticeship standard and the assessment plan The apprenticeship standard sets out which knowledge, skills and behaviours have to be developed and the assessment plan details how they will be assessed. All apprenticeships have to be assessed in two ways – EPA 1 and EPA2 Knowledge – this is the professional qualification courses and exams Skills and behaviours – on top of the professional qualification they also need to develop S&B, this ensures all round development. Often employers would say to us that they would have someone who is technically competent but didn’t have the professional skills to flourish, an apprenticeship ensure they get that all round development Gateway – conversation between bpp coach, line manager and learner to see that they’ve developed everything and are ready to sit EPA EPA1 – depends on which programme to what this is, in most cases is a synoptic/case study style exam EPA2 – depend on which programme, is a written portfolio/project at 4 and 7 and a professional discussion at level 3. We provide courses for EPA1 and provide feedback on draft submissions for EPA2 All underpinned by our BPP Performance Support team who keep learners engaged, motivated and prepared for success.
Working together for success
Presenter
Presentation Notes
3 years Numbers EPAs Lvl7 Clients?
Utilising the levy
New Recruits
Including Graduates and School
Leavers
Existing staff
Up skill your current
workforce
Existing CIMA
students
With at least 12 months
worth of study remaining
Who can you spend the levy on?
Presenter
Presentation Notes
Split this or do it differently (put Lvl4 and Lvl7 into a triangle
New Recruits
Including Graduates and School
Leavers
Who can you spend the levy on?
• Existing recruitment channels
• Recruitment services• BPP• CIMA MyJobs
Presenter
Presentation Notes
Split this or do it differently (put Lvl4 and Lvl7 into a triangle
Existing staff
Up skill your current
workforce
Who can you spend the levy on?
• Doesn’t matter whether currently studying or not
• Starting CIMA from scratch• Part way through the
qualification• Exemptions
• Widening remit for who you can train
Existing CIMA
students
With at least 12 months
worth of study remaining
Presenter
Presentation Notes
Split this or do it differently (put Lvl4 and Lvl7 into a triangle
Level 7 Entry points
Presenter
Presentation Notes
36m Full Programme, starting at Cert 30m start at Operational 24m start at Management (could say 18m an option but net benefit less clear?)
Common Employer Queries
How much does it cost?
‘What is the 20% Off-the-job requirement?20%
Should they start at Level 4 or Level 7?
What support do I need to give my apprentice?
Skills and Behaviours development
End Point Assessment
Key differences?
Common Employer Queries
Presenter
Presentation Notes
Taken from CIMA presentation from earlier – we want to focus on the “various options to utilise the levy”
16
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
• Structure
• Assessment
• Eligibility and entry points
• Study modes
• BPP Support
• BPP Momentum
Understand the
programme
1
Presenter
Presentation Notes
Taking your first step by attending today – maybe do some questions here to confirm understanding and use interaction
17
•
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
• Regular feedback
• Ensuring they have the necessary skills and knowledge for their role
Give Feedback
2
Presenter
Presentation Notes
Taking your first step by attending today – maybe do some questions here to confirm understanding and use interaction
18
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Support their time
3
• 20% of their time has to be spent on off the job training (OTJT)
• Off the job does not mean out of the office, lot oF things count eg. PQ study, self study, mentoring, internal training
• We review OTJT in progress review calls
• Typed minutes will show you how much of their OTJT they have completed
• Learning plan shows how time could be spent
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
Learning Plan
Module % of
programme
Cumulative % Title Study
period
Assess-ment
method
Learning resources
Course hours
Directed self-
study hours
Completion of
assessmentTotal hours
Module 1 4% 4%
BA1 -Fundamentals of
Business Economics
Month 1-6 Exam
Face-to-face, online classroom, online classroom
live
24 34 2 60
Module 2 4% 8%
BA2 -Fundamentals in
Management Accounting
Month 1-6 Exam
Face-to-face, online classroom, online classroom
live
24 34 2 60
Module 3 4% 12%
BA3 -Fundamentals in
Financial Accounting
Month 1-6 Exam
Face-to-face, online classroom, online classroom
live
30 34 2 66
Module 4 4% 16%
BA4 -Fundamentals
of Ethics, Corporate
Governance and Business
Law
Month 1-6 Exam
Face-to-face, online classroom, online classroom
live
18 34 2 54
Module 5 4% 20%P1 -
Management Accounting
Month 7-15 Exam
Face-to-face, online classroom, online classroom
live
24 34 1.5 59.5
Presenter
Presentation Notes
Support their time, ALP shows breakdown of programme
20
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Monitor their
progress
4 • Attend progress reviews
• Know when they are attending courses and taking exams
• Use information to identify any risks
• Use information to identify strengths
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
21
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Set objectives
5
• Embed apprenticeship success into performance objectives
• Emphasis on all-round development, not just exam success
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
22
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Agree an action plan
6
• Address issues
• Discuss next steps
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
23
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Give their learning context
7• Have an awareness of subjects
covered and when
• Create opportunities
• Mentoring
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
24
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Provide ongoing support
8
• Show an interest
• Discuss progression opportunities
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
25
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Celebrate success
9
• Recognise their achievements
• Discuss impact their success has on your business
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
26
Adaptability
Adding value
Ethics & Integrity
Proactivity
Professional scepticism
Flexibility
Adding value
Professional scepticism
Continuous improvement
Assurance, risk and control
Financial information
Business acumen
Strategic Business Management and Governance
Legislation, Standards and Principles
Communication
Ethics and integrity
Problem solving and decision making
Business insight
Building relationships
LeadershipSystems & processes
Enjoy the process
10
• Lead by example
• Commitment not a hassle
Presenter
Presentation Notes
Yes, it is required Employer required to provide apprentice with 20% of their time spent on their apprenticeship and BPP is required to monitor this. We monitor it during the progress review calls. Off the job does not mean out of the office. But It is flexible and employer chooses how and when. BPP will monitor this through progress reviews. Here is an example of some of the activities that could make up the 20% time. How Employer provides i.e. induction to new role/responsibilities, shadowing colleagues, mentoring, internal training (IT, technical, skills and development training) Off the job does not mean out of the office BPP provides training i.e. attendance for pq training Mixture of both When Measured over the apprenticeship duration Can be delivered outside of contracted hours if employee given TOIL at time that suits the business
Working in Partnership All Round Development Success at Level 4
Why BPP Accounting Apprenticeships
Multiple Entry Points Professional Qualification Included
Funding Available
Presenter
Presentation Notes
Multiple entry points – we have planned this out and there will be an entry point for everyone. PQ included – will gain a professional qualification alongside their apprenticeship – which for level 7 is equivalent of a masters level qualification Funding available – can use levy funds for an apprenticeship, can’t for pq only. Non levy payers only need to pay 10% of the price and the government funds the rest Working in partnership - Working closely with the institutes, we have regular meetings to discuss requirements of the EPA and have conducted joined webinars and employer meetings together. We have successfully worked with employers to adopt the level 7 programme so that it compliments existing training practices All round development – ensures well rounded professionals who are technically competent but also have the required skills and behaviours to be a success in their roles Success at level 4 – we are the first provider to adopt accounting trailblazers, we have had over 200 people sit the EPA with a 90% success rate. Confidence that we have the experience and that your apprentices will succeed.
