The latest Tech Essentials guide from ICAEW's Tech Faculty outlines the path to becoming a virtual FD, with case studies and a list of next steps included.
In this webinar Peter Taafe of BWMacfarlane explains how advances in technology have made the concept of a ‘Virtual Finance Director (FD)’ a practical reality.
A guide from Xero that seeks to explain how to become a Virtual CFO and provide the valuable services to your clients.
An Australian perspective on the rise of the virtual Chief Financial Officer.
Wills and estate planning
A one day introductory course for accountants considering offering will drafting as a service. During the training there will be the opportunity to find out more about the will drafting software from Arken.Legal and discover how it can help streamline and automate the process of writing wills. Courses are running in London on 27 June and 28 October 2019.
Find out more about Arken software, created specifically for estate planning businesses to write Wills and associated documents for their clients. See it in action at the ICAEW course, an Introduction to Will Drafting for Accountants.
Spouses and civil partners are set to benefit from changes in the rules of intestacy. Jane Netting explains the practical implications of dying without a will.
What happens to the wealth of a person who does not leave a will? What if their will cannot be found? Who does the remaining wealth go to? What happens if a person leaves their wealth to a partner who has died before them?
Boost your probate services with marketing resources from ICAEW.
Resources for firms accredited for probate.
Firms authorised or licensed to carry out probate services must make their clients aware of the compensation arrangements and complaints process.
Frequently asked questions about probate.
DPB Investment Business Licence
The DPB (Investment Business) Handbook sets out the regulations for firms licensed to provide DPB (Investment Business) activities.
Find out how you can enhance the services you already offer your clients with a Designated Professional Body (Investment Business) licence. This section explains what regulated investment business is, who is regulated, and how your firm can apply for a DPB (Investment Business) licence.
This helpsheet provides a checklist of matters firms need to address when they conduct an annual compliance review in accordance with ICAEW’s DPB (Investment Business) Handbook for licensed firms.
Frequently asked questions on DPB (Investment Business).
Personal financial planning and other alternative revenue streams
This handy guide explains what regulatory authorisations are required to advise clients on different aspect of their personal finances with details on and how the ICAEW Designated Body Scheme (DPB) can be used.
The basic principles to follow when acting as a trustee.
Many people are comfortable with completing their own tax return. If your sources of income are relatively straightforward – arising from employment and some deposit account interest, for example – you will generally run into few difficulties. However, if your tax affairs are more complex you may be overpaying tax and not be aware of the fact.
Guidance on those areas that may require a lawyer to be engaged.
Recording of a June 2019 webinar on the move from a compliance accountancy practice to an advisory practice. Experts from ICAEW and Xero explain how by embracing digital technologies, compliance work becomes more efficient, and so allows firms to provide advisory services that command greater value.
Highlights of an ICAEW Practice Business Advisers event held in the Chartered Accountants’ Hall, London on 5th October 2018.
Factors to consider when choosing IT infrastructure and systems for your practice.
If cloud computing is the future of accounting software, how can accountants make the most of it? Lesley Meall shares some suggestions
Digital transformation is the hot topic right now and new HMRC initiatives like MTD mean that digital change is a certainty that neither you nor your clients can avoid.
Agents will need to take steps to prepare both their own practices and their clients for the disruption that Making Tax Digital and digitalisation will cause to the market for accounting and tax services.
A look at ICAEW members in small practices worldwide who are innovating and adapting
Pricing and fees
Advice on agreeing fees and setting charge-out rates.
Effective time recording and the continuing need for the timesheet.
Value has to be the primary driver in setting a pricing strategy. This can then deliver both higher profits and improved customer satisfaction, say Andreas Hinterhuber and Evandro Pollono
Technical helpsheet issued to help ICAEW members understand what information they need to provide to (potential) clients about fees and offers practical suggestions for dealing with a request for fee breakdown information.
This helpsheet is for anyone who does not agree with the fees their ICAEW Chartered Accountant has charged. It describes different situations in which you may find yourself in dispute with your accountant over fees and suggests what to do next.
Article looks at developments in cloud computing for 2020 as predicted by experts in the field.
Article looks at two CFOs who discuss how their role has changed, particularly with reference to technology and robotic p[process automation.
Redefine the range of services your firm offers, based on the market and evolving client needs.
Firms and experts share best practices for moving an accounting practice into the cloud.