Frequently asked questions and answers on changes to community and faculty access

ICAEW members are defined as ACA and FCA members. Affiliates and reciprocal members are also included. Other existing arrangements do not change.

If you are an ICAEW member, from 1 January 2023, you can be a member of the following faculties at no additional cost:

• Audit and Assurance Faculty
• Corporate Reporting Faculty (formerly Financial Reporting Faculty)
• Tax Faculty

• Corporate Finance Faculty
• Financial Services Faculty

In July 2022, ICAEW Council agreed to allow all ICAEW members access to the expertise and resources created by the Audit and Assurance Faculty, Corporate Reporting Faculty (formerly Financial Reporting Faculty) and Tax Faculty. This is part of a wider initiative to support our ICAEW members with their continuing professional development. These three areas are also reflected in our Royal Charter.

The decision to retain the paywalls for Financial Service Faculty and Corporate Finance Faculties was to recognise these groups include a different membership base and provide a distinctive and different proposition to their subscribers.

Yes. By subscribing to be a faculty member you will be able to access faculty content and enjoy the benefits outlined below:

• Staying ahead with timely practical and technical content delivered straight to your inbox.
• Having the opportunity to network with like-minded professionals.
• Play your part in supporting the profession by contributing to policymaking, participating in technical consultations and providing insight for ICAEW’s thought leadership work.

If you would like to find out more about the benefits and cost of membership to these faculties, please use the links below:

• Audit and Assurance Faculty
• Financial Reporting Faculty
• Tax Faculty

From January 2023, when visiting icaew.com, ensure that you are signed in using the log-in function at the top right of the homepage. Once logged-in, faculty content can be navigated to via the Resources tab at the top of the page.

While the faculty content outlined above will be accessible by all ICAEW members, registering to be a member of the faculty will ensure that you benefit from:

• Stay ahead with timely practical and technical content delivered straight to your inbox.
• Have the opportunity to network with like-minded professionals.
• Play your part in supporting the profession by contributing to policymaking, participating in technical consultations and providing insight for ICAEW’s thought leadership work.

Faculty members will continue to have access to the same range of high-quality, practical and technical resources as well as having the opportunity to network with like-minded professionals and contribute to policymaking to strengthen the profession.

Some changes are being made to the faculty’s offerings, primarily relating to the faculty magazines and for Corporate Reporting Faculty (formerly Financial Reporting Faculty) members, the IFRS Standards Navigator service. These changes are outlined in more detail below.

We acknowledge the value of Faculty magazines and to ensure members have access to best in class content in real time we will replace printed magazines with an online digital collection of resources, accessible via our website.

No, from 1 January 2023 Financial Reporting Faculty (now renamed the Corporate Reporting Faculty) members will no longer have premium access to the IFRS Foundation’s Standards Navigator service. However, access to IFRS standards and related resources will be available via the standards trackers at icaew.com/ifrsstandards.

Faculty members will be able sign up for these faculty webinars for no charge.

To ensure you don’t miss out on hearing about upcoming webinars and events, remember to join your chosen faculties when you renew your ICAEW membership (or at any time via the preference centre).

As a faculty member you will be eligible to early bird discounts for your faculty's event.

No, the option to subscribe to Faculties Online will no longer be available from 2023.

Access to the content of the Audit and Assurance Faculty, Corporate Reporting Faculty and Tax Faculty will be included within the general ICAEW membership subscription for ICAEW members. ICAEW members can continue to pay an additional cost to receive content from the Corporate Finance Faculty or Financial Services Faculty.

If you are not an ICAEW member, you may join any of these five faculties individually icaew.com/faculties.

ACA students will be able to access content from all five faculties at no extra cost.

If you are an ICAEW member or student, from 1 January 2023, you can join any of our communities at no additional cost.

The following Communities will continue to have a subscription charge for non-ICAEW members:

• Excel Community
• Farming & Rural Community
• Forensic & Expert Witness Community
• Healthcare Community
• Restructuring and Insolvency Community
• Solicitors Community
• Valuation Community

By subscribing to be a community member you will be able to access content and enjoy the benefits outlined below:

• Digital resources on a range of topics.
• Receive the latest insights and guidance on a range of industry sectors straight into your inbox.
• Access to webinars featuring industry/sector experts.

Find out more about the benefits.

From 2023, webinars and resources for charity volunteers will be provided within the newly created Charity Community. The Charity Community will have no subscription fee.

The management liability insurance currently provided by the Volunteering Community will remain in place only until 31 December 2022. After that it will no longer be available. If you provide voluntary (unpaid) accountancy services to charities, we encourage you to obtain appropriate insurance. You can purchase a professional liability insurance product, designed specifically for volunteers, at a competitive rate, from our trusted partners at Marsh Commercial. This insurance product is available to both members and non-members.

• Find out more 

If you are seeking run-off cover from the management liability insurance provided by the Volunteering Community, you will need to ensure that your new insurance covers your previous activities within its retroactive date. Please refer to Marsh Commercial when setting up your new insurance to make sure this is considered.

From 2023, this community will be known as the Charity Community and provide resources for charity finance professionals and charity volunteers. The subscription fee for this community will be removed.

Whether you are an ICAEW member or not, as an ICAEW licensed insolvency practitioner, you will continue to have access to all the resources from the Restructuring and Insolvency Community. If you’re not an ICAEW licensed insolvency practitioner or an ICAEW member, you can access resources from the community by paying a subscription.

ICAEW CFAB and ACA students can still join the Excel Community at no extra cost. The Excel Community is our one-stop shop for all things Excel and provides all the tools students need to develop Excel skills, along with a host of time-saving tips and tricks to help students use Excel in their studies and at work. Students will also have access to articles, webinars and more.

For students who have previously registered for the Excel online training via their Faculties Online subscription, they need to complete the training by 31 December 2022. From 2023, the Excel online training will no longer be available.