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.
How accountants in practice can make the most of digital developments
Technical helpsheet to help members in practice with implementing Making Tax Digital for VAT. It gives a breakdown of the key dates and next steps on keeping digital records, setting up an HMRC Agent Services Account, preparing clients for MTD, and using MTD compliant software.
The IT Faculty has produced a number of software product guides.
Tax compliance issues
Access resources on corporation tax within the UK tax regime
Expert commentary and practical guidance from ICAEW related to VAT under the UK tax regime.
Access resources related to IR35 and the taxation of intermediaries in the UK business tax regime
Information on key questions with regards to business taxation.
Advising in a changing world
Technical helpsheet which aims to help answer some common questions relating to tipping off when money laundering is suspected.
The Fraud Advisory Panel's April 2019 guide to invoice fraud. The helpsheet defines what invoice fraud is, gives advice on the warning signs and includes an action plan of what to do if you suspect a client is victim of invoice fraud.
ICAEW has developed guidance for practice firms on what to include in engagement letters. This page provides a series of sample wordings to help you draft your own engagement letters.
Read our quick-start guide, outlining a variety of areas that could impact your business post Brexit, to help you prepare for when the transition period has ended.
Continuing Professional Development (CPD) courses created specifically for finance, business and accountancy professionals.
Get accredited with probate
This section explains the benefits and how your firm can become a probate accredited firm.
This section looks at the opportunity probate presents and what you should consider before applying.
Guidance for ICAEW members and non-members who wish to apply to become authorised to undertake probate work.
Boost your probate services with marketing resources from ICAEW.
Exit routes and succession planning
An overview of succession planning and why it is essentital for any practice to have a well thought out succession plan to cover multiple scenarios.
A guide exploring the do's and don't in succession planning.
Successful practice succession can be a real challenge. You may need to fund the retirement of older partners while keeping the practice an attractive proposition for new ones.
Firms and experts share best practices for moving an accounting practice into the cloud.
As US Certified Public Accountants continue to expand into providing advisory services, one area of interest is business valuation services.
The article discusses the role of the accounting and finance team in achieving digital transformation to help companies succeed.
Former HSBC CEO Peter Braunwalder fined €500,000 for helping wealthy clients evade taxes between 2006 and 2007.