Apprenticeship glossary

Assurance

What does Assurance mean?

Another name for audit and related checking work at professional services firms. EY calls its audit business Assurance.

Find out more

Employer profile EY UK apprenticeships One of the Big Four professional services firms, working in assurance, consulting, strategy and tax. Its school leaver apprenticeships include Level 7 routes rated outstanding by Ofsted, and it asks for GCSE English and maths plus three A levels.
Experience day
An in-person assessment day at an employer's office, used by some employers like EY after the online assessments.
Ofsted
The inspectorate for education and training in England, including apprenticeship training. EY says Ofsted rates its Level 7 apprenticeships outstanding.
Audit
Checking that an organisation's financial accounts are accurate. Audit apprenticeships at firms like KPMG and Deloitte usually lead to a chartered accountancy qualification.
Bachelor's degree
An undergraduate university degree, such as a BA or BSc, at Level 6. Many degree apprenticeships lead to a full bachelor's degree.
Baseline Personnel Security Standard (BPSS)
The basic level of security check for working on some UK government or defence work, covering identity, right to work and employment history.
Benefits
Extras you get on top of your pay, such as a pension, extra holiday, discounts or private healthcare. Look at the whole package, not just the salary.

Definitions are our own plain-English summaries. Where we give figures, they come from the official sources listed on the linked guide or profile. Rules can change, so check the official source before you make decisions.