AICPA receives a $120K grant for Maryland apprentices
Funding And Grants

AICPA receives a $120K grant for Maryland apprentices

Accounting Today
September 22, 2022

Summary

The American Institute of CPAs (AICPA) has secured a $120,000 grant from the Maryland Department of Labor to enhance its Registered Apprenticeship for Finance Business Partners. This funding aims to support the training of at least 25 new apprentices, providing them with valuable paid job training, mentorship, and access to the AICPA's online CGMA Finance Leadership Program.

This initiative aligns with Maryland's broader commitment to expanding economic opportunities through registered apprenticeship programs. As the demand for skilled talent in the finance and accounting sectors grows, programs like this one not only help aspiring professionals enter the field but also support employers in diversifying and retaining their workforce.

Why this matters for apprenticeships

This grant underscores the importance of financial apprenticeships in creating pathways for new talent in a crucial industry. By supporting earn-and-learn opportunities, the program enhances the workforce while addressing the need for diverse and skilled professionals in accounting and finance.

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