AAT has been approved as the first accountancy body to join the South Yorkshire Skills Bank.
The Skills Bank supports businesses by providing grants covering up to 60% of training costs for courses, such as AAT’s Essential and Business Finance Basis, now available through the Skills Bank Portal.
Data shows South Yorkshire Combined Authority faces a significant need for financial expertise with finance and auditing identified as top in-demand skills. However, with only 7% of candidate profiles listing such skills and 37% of job postings requiring them, there is a significant skills gap in the region.
Businesses will now be able to select from an approved list of high-quality training providers, including AAT, to upskill their workforce in critical financial competencies and skills, enhancing business resilience and supporting regional economic growth.
Claire Bennison, Executive Director of Customer, Partnerships and Innovation at AAT (pictured), said: “South Yorkshire is poised for growth and we’re excited to address the national skills shortage is being firmly felt across South Yorkshire, holding people, businesses and the region back from fulfilling their full potential. Accountancy and finance roles underpin the success of every type of business, regardless of sector. That’s why we’re delighted to be the first accountancy professional body to join the South Yorkshire Skills Bank providing access to much needed financial and business training. It signals to employers in the region that the door is now open to them to undertake the financial training that is deeply needed. With the right training and support, we can help businesses grow, support staff looking to upskill or retrain which builds resilience in the region’s economy.”
- The South Yorkshire Skills Bank, is a flagship initiative by the South Yorkshire Mayoral Combined Authority (SYMCA).
