CHARTERED ACCOUNTANTS ACADEMY
The CAA provides an avenue for prospective Chartered Accountants to receive training without going through an audit firm. This type of training has been a feature in the private sector for some time, but has been adopted by the public sector.
National Treasury was the first national government department to introduce such a programme. This programme will not only reinforce your academic education, but will also help develop business acumen, professional and ethical values.
The programme will contribute significantly to the National Treasury’s ability to attract and retain key finance and accounting professionals within the department and the broader public sector as a whole. A maximum of 10 graduates a year get selected into the programme.
THE STRUCTURE OF THE CAA
The three (3) year professional training has been structured in a manner that offers the trainees exposure in key areas with specialisation in Financial Management and Management Decision-Making and Control. This experience is gained through rotation to the various divisions of the National Treasury to gain exposure in the relevant areas as
Asset & Liability Management (ALM) manages government's asset and liability portfolio in order to ensure prudent
cash management, asset restructuring, financial management and the optimal management of government's domestic and foreign debt portfolio. under ALM;
Sectorial Oversight (focuses on the review of state owed entities strategic documents)
Financial & Corporate Governance Analysis
Strategic Risk Management: Credit Risk, Market Risk & Country Risk
Liability Management (focuses on the management of local and foreign debt) and
Cash Management (monitors the countries liquidity).
Internal Audit provides all the internal audit function for the Treasury i.e. assessment of internal controls, statutory audits and compliance audits.
Enterprise Risk Management manages the risk assessment processes and reports to the Director General (DG) through the Risk Committee on its risk finding.
Auditing & Assurance: Secondment
Taxation: Secondment and Simulations
Office of the Accountant General seeks to achieve accountability to the general public by promoting transparency and effectiveness in the delivery of services. It sets new government accounting policies and practices, and
improves on existing ones, to ensure compliance with the standards. It also focuses on the preparation of consolidated financial statements and an improvement in the timeliness, accuracy and efficiency of financial reporting.
Accounting, Risk Management Support & Reporting
Consolidation of National Accounts
Technical Services & Support
Office of the Chief Financial Officer provides exposure to;
Management Accounting and
CAA trainees are offered competitive market-related salaries, which are structured according to the individual qualifications.
To qualify for the CAA, candidates must have completed or be in their final year of completing the Certificate in the Theory of Accounting (CTA), Post Graduate Diploma in Accounting (PGDA) or B.Com Accounting Honours, which will enable them to write the qualifying board examination.
The National Treasury team will be embarking on recruitment drives at universities around the country. Look out for further information around campus or at your university’s careers office.
FREQUENTLY ASKED QUESTIONS
Q. Which must I have studied to qualify for the National Treasury CAA?
A: Graduates must have completed their undergraduate or be in the final year of
completing a Certificate in the Theory of Accounting (CTA) or BComm Accounting
Honours degree, which enables them to write the board examinations.
Q. What is the salary offering?
A. CAA trainees are offered a market related salary.
Q. Where would I be based during the programme?
A. Some CAA trainees will be based at the National Treasury’s offices in Pretoria and
some will be based at metropolitan municipal offices nationally.
Q. How long is the CAA Programme and what happens thereafter?
A. The CAA programme runs for 3 years. At the end of this comprehensive learning
programme, successful trainees will qualify as Chartered Accountants.
Q. Would I qualify for leave?
A. CAA trainees qualify for leave like full time employees.
Q10. How do I apply?
Complete and submit the CAA application form available on National Treasury’s website
(www.treasury.gov.za), and attach the following:
• Completed application form
• Certified copy of your SA identity document
• Full official academic record
Submit completed applications via e-mail to email@example.com OR Post to:
The Training Officer
Private Bag X 115
Closing dates for applications: 30 September 2015