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Financial Skills Development Initiative by Chartered Accountants Academy (CAA)

The CAA aims to address the shortage of financial skills in the public sector by providing training, career opportunities, and a pool of resources through partnership with National Treasury and various government institutions. The program offers basic and advanced experiences, benefits trainees and the public sector, and allows for permanent placements. Join the CFO Forum Presenter: Thabo Mashamba on March 7, 2017.

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Financial Skills Development Initiative by Chartered Accountants Academy (CAA)

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  1. CHARTERED ACCOUNTANTS ACADEMY (CAA) CFO FORUM Presenter: Thabo Mashamba | CAA, National Treasury | 7 March 2017

  2. PURPOSE OF THE CA ACADEMY • To alleviate current shortage of financial skills • The CAA would assist in alleviating the current shortage of financial skills in the public sector. • To develop in-house skills • Trainees obtain valuable Public sector experience; • To provide career opportunity • CA Academy will provide opportunities for current employees to further their careers and acquire recognition with SAICA.

  3. PURPOSE OF THE CA ACADEMY (CONT.) • To provide a pool of financial resources. • CAA will result in a pool of in-house accountants available to select for placements in the public sector. • To recruit best graduates • National Treasury has the opportunity to recruit high potential graduates from the marketplace before they have a chance to join any other company.

  4. PRIMARY SITES • Primary sites refers to any government institutions that are part of the CAA through a signed MOU. • The following institutions are CAA primary sites: • City of Joburg Metropolitan Municipality since 2010 • City of Cape Town Metropolitan Municipality since 2010 • eThekwini Metropolitan Municipality since 2010, and • Department of Home Affairs since 2012 • National Treasury remains responsible for all administrative matters.

  5. NATIONAL TREASURY ELECTIVES

  6. SAICA CA CURRICULUM (CONT) BASIC EXPERIENCE – enough time to achieve a general awareness of the vocabulary and related concepts of the field with demonstrated competence in simple, uncomplicated situations ADVANCED EXPERIENCE – enough time to achieve a comprehensive understanding and application of the concepts and techniques with demonstrated competence in complex situations or environments

  7. ITC RESULTS STATS

  8. APC RESULTS STATS

  9. APC RESULTS STATS

  10. RETENTION RATE

  11. CAA BENEFITS • Secondment of trainees to other departments • Permanent placement at primary sites and other government institutions post articles. • Assets to public sector that must be preserved.

  12. THANKS ?

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