(Raleigh, N.C.) – State Treasurer Dale R. Folwell, CPA has announced plans to launch a highly selective program that will prepare accountants for careers in public sector accounting and finance. The Treasurer's Academy will recruit candidates from universities and provide them with training in public accounting, finance strategy and banking and investment operations. Less than 10 candidates will be chosen each year.
“I'm excited about developing the next generation of accounting talent through the Treasurer's Academy," said Treasurer Folwell. “Our associates will earn real-world experience and develop the skills they need for a successful career. We want young people to know the financial and professional rewards of a career in public service."
In addition to intensive on-the-job training, candidates will benefit from mentoring relationships with the treasurer and senior leadership.
“The Treasurer's Academy will offer a unique opportunity for accountants to establish themselves early in their careers," said Sharon Bryson, M.Ed., Chief Executive Officer of the North Carolina Association of Certified Public Accountants. “We look forward to partnering with the program to help new accountants serve their profession and their communities."
Candidates will emerge from the academy with the experience and skills they need to advance in the accounting industry and move toward earning the designation of Certified Public Accountant.
“It is great to see this learning experience provided for up-and-coming CPAs," said Robert N. Brooks, Executive Director of the North Carolina State Board of Certified Public Accountant Examiners. “The academy will provide them with valuable on the job training and prepare them for a career in government."
The N.C. Department of State Treasurer manages the North Carolina Total Retirement Plans, which provides retirement benefits for more than 900,000 of North Carolina's state and local government, law enforcement, judicial and legislative employees, as well as teachers and fire and rescue workers. With assets of more than $100 billion, it is the 26th largest pool of public money in the world.