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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Chartered Accountancy Charter

Section D : Challenges

Challenges Facing the CA Profession

15.3 Skills Development


To ensure equitable skills development not only for trainee accountants but for all employees within the CA sector, the desired outcome is that the investment in skills development, in addition to the skills development levy, increases significantly in relation to the total payroll expenditure.


Two additional desirable outcomes are that there is an increase in the number of skills development programmes for support and administrative positions, and that the number of black employees, and particularly black woman employees, who hold these positions, increase. A further desired outcome is to achieve an equitable allocation with regard to the spending on prospective CAs, practising CAs and other personnel.


Current situation / challenges

Recommended activities

Administrative and support positions

Insufficient skilled and semi-skilled black people to fill a representative number of administrative positions in firms
Insufficient skilled and semi-skilled black people are employed in firms
There is no consolidated and comprehensive strategy aimed at the training of other personnel
To invest in skills development of employees in other positions
To make provision for induction and training programmes for all new employees, not just CA trainees
Intervention on skills development is unbalanced, with some firms spending large amounts and others only the 1% levy
According to particularly small firms, financial and time constraints regarding skills development are the main reasons for not taking black trainees
The CA profession is regarded as a training environment for acquiring skills before moving on to positions outside the profession
Most interventions in organisations in the CA sector are directed at trainees, and little is spent on other employees
To provide mentoring to enable fast-track programmes for skills development of black employees
To create job advancement and long-term career opportunities to induce all staff (trainees and others) to stay within the profession