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Practice Assurance Standards, Guidance and Regulations

Access guidance on the four principle-based Practice Assurance Standards to assess and improve your practice and the Practice Assurance Regulations.

Most of the content on this Practice Assurance page relates to firms of every size, but where a section relates only to a specific size, you will find one of these icons:

Shining  New firms

Person  Sole practitioners and smaller firms

People  Larger firms  


Guidance on the Practice Assurance Standards is intended to help firms interpret and follow the principles-based standards. It sets out examples of best and acceptable practice. 

Firms are free to follow whatever procedures they wish to act in accordance with the Standards. They must, however, be prepared to demonstrate that their procedures achieve the standards in practice. Firms’ procedures can be electronic or manual; their content and scope are more important than the way in which they are recorded.

If a firm subcontracts work to others who are themselves subject to a scheme of quality review through their professional body, the firm may accept the quality requirements of the professional body concerned. It should nevertheless ensure that its dealings with the sub-contractor are in accordance with these Standards.

Guidance for new firms, smaller firms, and sole practitioners Shining Person

Guidance for larger firms People

Practice Assurance Regulations

ICAEW practising certificate holders, member firms and firms with a contract for Practice Assurance are required to comply with the Practice Assurance Regulations. These set out how the Practice Assurance scheme operates.