Gen AI in Practice: Registration is open now, with courses accessible via ICAEW’s learning platform and app for flexible, on-demand learning.
GenAI is already here, reshaping workflows, client expectations, and competitive advantage. For small and medium accountancy practices, keeping pace with developments will help them stay relevant in a market where efficiency and insight matter more than ever.
Why GenAI matters for small practices
Small firms often face the dual challenge of limited resources and rising client demands. GenAI offers a way to bridge that gap. Imagine automating audit sampling, speeding up tax analysis, or generating client-ready forecasts in minutes rather than hours. These aren’t hypothetical scenarios, but practical applications that already exist that can free up time and increase capacity.
Beyond client-facing tasks, GenAI can streamline internal operations too. From managing compliance workflows to tracking time and billing, AI-driven tools can reduce administrative burdens and improve accuracy.
Introducing ICAEW’s GenAI Accelerator Programme
ICAEW’s GenAI Accelerator Programme is a structured learning path designed specifically for accounting professionals. The programme is delivered in bite-sized modules, each focused on practical, hands-on skills. Its modular design allows you to dip into the areas most relevant to your work, building capability where it matters most, or to complete the full programme end-to-end.
If you’re new to the world of GenAI, you might like to start by completing the free Fundamentals of GenAI course, which introduces key terminology, concepts and how to use AI safely.
Once you’re up to speed with the fundamental knowledge, you can develop your understanding of how to effectively use GenAI, by choosing one or more of the seven specialist courses.
Newly launched in January 2026 is the Gen AI in Professional Practice course, designed to support those working in practice.
GenAI in Professional Practice
The Gen AI in professional practice course will give you focused guidance on how AI can be used in your practice. This six-hour, verifiable CPD course covers:
Practical benefits for small firms
The biggest advantage of GenAI for smaller practices is scalability. You don’t need a dedicated tech team or a huge budget to start. Many tools are embedded in software you already use such as Microsoft Copilot in Excel. The GenAI programme helps you unlock these capabilities safely and effectively.
How to get started
The GenAI in Professional Practice course is available for ICAEW members at £60 (non-members £100), or as part of the full programme bundle. Firm discounts are available for multiple licenses and you can find out more on this by emailing: academy@icaew.com.