Accelerate: ICAEW Faculty membership
Changing regulation and legislation. Dynamic economic markets. Disruptive technologies.
You’ll be aware of just how much the profession is constantly adapting to the changing environment and the role the ICAEW Faculties play in helping finance professionals access the expertise and extensive technical guidance to help them keep up to date, fulfil their CPD requirements and be ahead of the curve in serving their clients.
For many years, finance professionals in firms within the Accelerate Community have accessed the resources of the Faculties through a group wide membership.
As you know, these arrangements are changing and we are able to offer this service to the firms within your Community directly, offering bespoke packages whilst taking account that you are part of the Accelerate network.
We tailor our corporate membership schemes across the mix of Faculties to suit individual firms. Whether you want hard copy mailings, ebulletins, web access or all of these, we can work together to find the best solution for you. We offer a group discounting scheme based on volume and access to the Faculties is open to all financial professionals to join.
The profession is under the spotlight for many reasons and with the scrutiny of audit and the release of new international auditing standards on the horizon, it is important to make sure your staff are up to date. We will also be looking at all the latest information on the impact of Brexit and climate change on corporate reporting as well as other regulatory developments. Emerging technology is also having an impact on the way members of the profession work, with new technologies making an impact and new opportunities becoming available. These, as well as many topical issues across the accountancy spectrum are being addressed by our Faculties. More details about each Faculty can be found below.
Benefits of Faculty membership at a glance
- Immediate access to on-demand, practical online resources designed to enhance existing roles as well as meeting career aspirations.
- Access to a vast online webinar resource, magazines, eBulletins, blogs and publications including thought leadership and technical information to ensure your staff are up to date.
- Events and networking opportunities to develop skills, enhance knowledge and enable learning from others’ experiences.
Benefits to your organisationThe opportunity to shape and influence the future of the profession. Our corporate members regularly contribute to research-based programmes and thought leadership. This gives your people a seat at the table, boosting their profile and technical expertise. Get involved with our committees, panels and working groups, to network and share ideas, help shape policy and improve the visibility and profile of your organisation.
An increased and enhanced profile.
We can work with you on a range of options to profile your organisation through seminars and events, publications or guidelines.
Value for money with corporate membership.
The price of corporate membership is often less than individual membership.
Your current corporate membership expires on 31 December 2019 but it is straightforward to transfer you to a new scheme. If you wish to continue as a corporate member of any of the Faculties then all you need to do is contact Louise Thornton at the ICAEW to discuss pricing and next steps.
Our range of Faculties
Audit and Assurance Faculty
Current political scrutiny of audit, as well as new and emerging ISA requirements, mean that auditors are going through a period of unprecedented change. Keeping up to date has never been more important.
Membership of this Faculty provides your staff with access to a range of high quality and timely practical resources on audit and assurance matters, ensuring you stay one step ahead of developments.
- The ongoing enquiries in the future of audit
- Revisions to international standards on auditing estimates, risk assessments and quality management
- The proposals for less complex entity audits
Business and Management Faculty
This Faculty provides practical and relevant resources to ensure your staff have the technical and soft skills needed to support their continuing professional development.
- Strategy, risk and innovation
- Finance transformation
- Business performance management
- Financial management
- Economy and the business environment
- Leadership, personal development and HR
Corporate Finance Faculty
A rich source of market insight, this Faculty helps professionals adapt to emerging issues in an environment of constant change. The Faculty is a large network of corporate finance professionals, with members from professional services firms, companies, banks, private equity, venture capital, law firms and brokers.
- Re-shaping deals in the fast-changing landscape
- How AI in corporate advisory will transform deals, due diligence and the business of corporate finance
- Which routes to finance, investment and expert advice are right for companies?
Financial Reporting Faculty
Guiding finance professionals through the maze of new and emerging requirements. We’ll make sure your staff are always one step ahead by providing high-quality and timely resources.
With significant changes as a result of several new IFRSs and continuing developments in UK GAAP, keeping up to date with the latest financial reporting changes is vital. We provide highly accessible and practical assistance on a broad range of corporate reporting issues to keep your staff abreast of the changes, with plenty of tips on first-time implementation.
- Triennial review amendments
- The new leasing standard
- Understanding the new directors; and strategic reports
Membership of the Faculty Reporting Faculty also provides access to eIFRS from the IASB.
Financial Services Faculty
The Faculty’s unique perspective and ability to convene with stakeholders right across the financial services landscape means we can provide your staff with industry insights, expert opinion, analysis and independent resources to put your business ahead of the curve.
NEW for 2020: you can choose to join one of three areas: banking, insurance or investment management, or you can have access to all three.
The world of tax is fast-moving and ever-changing. As a tax professional, you have to provide the best advice on tax legislation to your clients on a daily basis. Let the Tax Faculty keep your staff on top of tax.
Our expert staff and volunteers, and consultation work with government, means we can bring you the latest developments and expert opinions.
- Off-payroll working (IR35)
- Making Tax Digital
- DAC 6’s new reporting requirements
It is essential your staff understand the implications technology has on your business and the Tech Faculty will keep them up to date with all the latest tech news and developments, ensuring your organisation is always one step ahead of the competition. Access to Excel Community resources is included with this Faculty so they can improve their Excel knowledge and minimise spreadsheet risk.
- Preparing you for the impact of automation
- Moving to cloud
- ABCD: Artificial intelligence, blockchain, cyber security and data analytics
Providing a comprehensive online resource for accountants and business professionals who use Excel in their organisation and want to: Understand how to use Excel better and get more from the system; Minimise spreadsheet errors by understanding the risks involved and how to overcome them; and Join a forum for asking questions and sharing best practice with other members.
Corporate membership of the Excel Community offers an Excel online training dashboard so you can monitor the online training progress of your colleagues as they improve their Excel IQ.
Interested in all of the Faculties but only want to access their content online? Then a Faculties Online subscription could be what your organisation is looking for. Benefit from all the online content from the Faculties (with the exception of access to eIFRS). As the name suggests, this in an online only service so hard copy material isn’t available.