Accounting for the healthcare profession

We also maintain a range of Business and Industry Guides on the health sector.

Useful links

ICAEW

Healthcare Community
The community provides practical support to chartered accountants within the sector. It offers news updates, benchmarking surveys, technical helpsheets, as well as conferences and seminars.

CIPFA

CIPFA provides resources and information for public sector finance managers on its TISonline website. This includes sections on Health, including Public Health, Health VAT, and Adult Social Care and Health.

Department of Health

The Department of Health publishes an annual Group Accounting Manual, containing guidance for group bodies including clinical commissioning groups, NHS trusts, NHS foundation trusts and arms’ length bodies.

Healthcare Financial Management Association (HFMA)

The HFMA is a professional body for finance staff in the healthcare sector that publishes a variety of practical guides, including:

• Glossary for NHS and local government finance and governance (November 2017)
• Example charity annual report and accounts 2016/17 (October 2017)
• Practical guide – preparing an NHS body's annual report and accounts (March 2016)
• NHS Charitable Funds – Example Trustee Annual Report and Accounts (January 2016)
• Practical guide – NHS charitable funds (March 2015)
• NHS foundation trust accounts: a guide for non-executives (April 2010)

NHS Improvement

NHS Improvement, the body responsible for overseeing foundation trusts and NHS trusts, produces guidance and manuals on finance, including:

• NHS foundation trust annual reporting manual 2017/18
• NHS foundation trust annual reporting manual 2016/17

Organisations

Association of Independent Specialist Medical Accountants (AISMA)
Network of firms of UK accountants specialising in working for doctors. The site includes regional statistics for medical practices, a search tool for locating AISMA members, information about the organisation and a news feed.

Association of Service Providers to Dentists (ASPD)
Organisation which describes itself as ‘a network of professionals who specialise in providing services to the dental profession’.

National Association of Specialist Dental Accountants and Lawyers
Organisation representing specialist dental accountants. NASDAL membership includes accountants and lawyers with an in-depth knowledge of the dental profession. The Association works to promote and develop accountancy services to the dental profession and further knowledge of specialist dental accountancy matters.

Related resources

Doctors' expenses: HS231 Self Assessment helpsheet
Guide from HMRC with information and examples on the calculation of partnership profits.

Pay review bodies
The NHS Pay Review Body (NHSPRB) advises on the pay of NHS staff.

Review Body on Doctors' and Dentists' Remuneration (DDRB)
Body that advises the government on the appropriate level of net income for GPs.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Articles and books in the Library collection

• View a list of articles in our collection on the healthcare sector, including doctors, dentists and other medical professionals
• View a list of books in our collection on the healthcare sector, including doctors, dentists and other medical professionals

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.