The explosion in accessibility of data has led to rapid advances in digital technologies that are transforming businesses, economies and societies. Adviser and Technology Expert, Bernard Marr outlined how this fourth industrial revolution offers huge opportunities for accountants in his webinar Digital tranformation: mega trends in accountancy.

Tomorrow’s Practice is about making change work for chartered accountants and their clients. It’s driven by a recognition that the market for our registered practice firms is altering radically under the pressures of regulation, technology and economics.

Research suggests the market for cloud services is set to grow by 18% in 2017 to reach a staggering £184bn

Revised guidance on 'engaging in public practice' comes into effect from 1 January 2017. On this page, you will find a links to key information to help you familiarise yourself with the changes.

When you are starting up in practice it is important that you are aware of the options you have to consider.

Consider what practice structure is right for you.

Practice support services available to ICAEW members and member firms.

If you work within a specialist industry or area of accountancy, it is important that you remain informed about the unique rules and regulations that may apply and the trends, threats and opportunities that may affect your clients.

Resources and guidance to support our member firms in their practice and help them meet their professional responsibilities.

Getting the best out of your staff is crucial to the success of any firm. Making sure that you fairly apply employment law is equally important. Our resources will also help you ensure that you comply with the best practice assurance standards.

Tips and guidance on marketing your practice.

Guidance on leadership, performance and appraisal.

Articles, reading lists, and resources on succession planning and exit routes.

Best practice in drawing up an engagement letter.

The ICAEW Library & Information Service holds a collection of model financial statements and checklists.

How firms can apply for FCA authorisation or a DPB (Investment Business) licence, downloads and further information

Find out more about services that practitioners can provide to businesses. Includes information on audit, insolvency, investments, probate, and other areas of advice.

Find out more about services that practitioners can provide to individuals.

Resources for Personal Financial Planning covering regulation, pensions, investments, probate and practice development.

Before you engage in public practice in the UK or the rest of the EEA, you need to hold an ICAEW practising certificate and comply with our Professional Indemnity Insurance and Practice Assurance Regulations.

Our Practice Assurance scheme provides ICAEW members working in practice with a framework of principles-based quality assurance standards. These resources will help firms develop appropriate procedures and guidance to enable them to comply with the standards.

PII is compulsory for all members who have a PC and are engaged in public practice.

Guidance for firms on compliance with the Practice Assurance, clients' money, PII, PC and other regulations.

An introduction to digital marketing for accountants. Free for practice members.

An ICAEW and Enterprise Nation webinar exploring why Search Engine Optimisation (SEO) and AdWords are important aspects of digital marketing for accountants to consider. Free to practice members.

Four half-day workshops, being held in London, Manchester, Bristol and Birmingham, that will explore the impact of technological trends on a practice, with a focus on the opportunities that this presents to firms. The events will take place from 24 September to 21 November.

ICAEW's annual, two day, conference this year focuses on igniting innovation in accountancy and supporting practitioners in delivering first class service to clients. Conference takes place from the 28th to 29th November with tickets available for booking now.

Running throughout the year and at various venues across the regions, Essentials CPD 2019 is devised to equip you with the technical know-how to be more effective in your role and support your personal development.

In this on-demand webinar, ICAEW and experts from BTCSoftware discuss the implications of MTD and how this is impacting businesses.

Video highlights from the annual Practice members, two-day conference held in London on 15th and 16th November 2018.

Practice members from London and the South East attended an evening conference in October 29th, 2018 designed to keep them up to date on regulatory issues affecting their practice.

The IPC is a non-executive body of standing, authority and influence through which Members Engaged in Public Practice (as defined in the electoral regulations) can represent their views to ICAEW and vice versa.

Membership of ICAEW Practice Committee 2019-2020.

The role of the IPC is to be a representative voice for practice within ICAEW.