Have your say on the future of legal, finance and accounting skills training – FE News

The Institute for Apprenticeship and Technical Education (IfATE) has launched a broad reflection on how skills training serves the legal, financial and accounting professions.

We want to ensure that apprenticeships and broader technical education, including T-levels and higher technical qualifications, work for everyone, regardless of company size and location and learner diversity.

They should meet the current and future skills needs of businesses and support sustainability, social mobility and inclusion.

It is also essential to ensure that we give those who take the training the highly relevant skills that employers need and launch them into long and successful careers.

IfATE will ask about all of this and more in a public consultationin support of today’s route review launch, which will run until September 30.

Jennifer Coupland, CEO of IfATE, said:

“I would like to thank the many employers, large and small, who have led the way in reforming apprenticeships and technical education so that they are more successful in closing the gaps in legal, financial and accounting skills. and to open up these professions to people from more diverse backgrounds.

“This route review is a fantastic opportunity to take stock and learn more about what needs to be done to keep pace with current and future skills needs, support people from all walks of life in great careers and meet the needs of businesses across the country.”

There are currently 39 apprenticeship places for legal, finance and accounting (LFA) professions from level 2 (GCSE equivalent) to levels 6 and 7 (bachelor level). T Levels will launch for finance and accounting in September this year and legal services next year. A legal, financial and accounting BTS should follow in 2024.

All of these products follow professional standards that employers have designed with the support of IfATE. These identify the knowledge, skills and behaviors that must be acquired for students to demonstrate that they are ready for work.

They are grouped into easy-to-use and browse business cards that will show training and career progression opportunities in these vital professions. These will form the basis of career advice in qualifying training.

This route review, including consultation, will provide employers, training providers, certification bodies, learners and anyone else interested in vocational training for the legal, financial and accounting professions l opportunity to reflect on what works and what things need to be done. to improve.

Stephen Allaker, chief financial officer of Bristol-Myers Squibb Pharmaceuticals and chairman of the influential IfATE employers’ group for these professions, said:

“We are very pleased to launch this route review. We have had a significant number of apprenticeship departures down this path and are very proud of the program as a whole. It is also expanding, with Finance and Accounting T-levels due to be taught from September this year, and Legal Services in 2023. This exam is the perfect time for us as an industry to review how the products work for our sectors. Please take the time to participate in the review and provide feedback, either through the online consultation, one of the webinars, or by contacting the IFATE team.

There will be further opportunities to share views and ideas through the following webinars:


July 18, 2022 at 2 p.m. – 3:30 p.m.: IFATE Legal Path Webinar

July 19, 2022 from 10 a.m. to 11:30 a.m.: IFATE Financial Pathway Webinar

July 21, 2022 at 2 p.m. – 3:30 p.m.: IFATE Accountancy Pathway Webinar


September 27, 2022 from 10 a.m. to 11:30 a.m.: IFATE Legal Path Webinar

September 28, 2022 from 10:00 a.m. to 11:30 a.m.: IFATE Financial Pathway Webinar

September 29, 2022 from 2:00 p.m. to 3:30 p.m.: IFATE Accountancy Pathway Webinar

Recommend0 recommendationsPosted in Employability, Skills and Learning