Training to be a professional accountant is so much more than passing examinations. The practical, ethical and developmental training that students receive and where they receive this practical experience are both vitally important.
ICAG, with support from the International Federation of Accountants (IFAC) and ICAEW, is making a number of changes to move the ICAG qualification into the top league of accountancy qualifications.
One of the key changes is the introduction of an Authorised Training Employer (ATE) scheme. This will ensure that students have an appropriate and high-quality training with an accredited and authorised employer.
The proposed scheme is modelled on the much acclaimed ICAEW’s scheme and will initially be launched with a pilot scheme in 2018 to be followed by a full roll out in 2019 for any organisation wishing to train students.
How it will work
From January 1st 2018 ICAG will be running a pilot scheme for a small number of employers offering a training contract. Depending on the success of the pilot all training contracts will be issued on this basis from January 1, 2021. From then on only students registered with ATEs will be able to qualify as a member of ICAG.