It was a day of celebration for 49 formerly unemployed trainee accountants as they graduated from a four-month training programme hosted by the SA Institute of Business Accountants (Saiba) designed to prepare them for employment.

Of the 50 enrolled on the programme in June last year, 45 have so far been placed in employment, and are currently in the process of receiving the Business Accountant BA (SA) designation from Saiba, which gives them a professional home and binds them to the Saiba code of ethics and professional standards and establishes them as proud professional accountants.

Trainee accountants graduating from the Saiba work readiness programme. More than 90% have been placed in employment.

That’s a placement success rate of more than 90% (considering one trainee fell out of the programme), making it one of the most effective work readiness training programmes of its kind.

In April last year Saiba put out a call for 50 black graduates seeking a career in accounting. Hundreds of applications were received and eventually whittled down to 50. An additional 35 already employed accountants were also put through a specialised training line-up to hone their skills as accountants and put them on an accelerated career path.

Read more on Accounting Weekly.