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A strong client relationship is vital to the success of any accounting practice. On this page we provide a selection of resources on client care and management.
Eligible firms have free access to Bloomsbury Professional’s comprehensive online library, comprising more than 60 titles from some of the country’s leading tax and accounting subject matter experts.
Acting as a trustee
The basic principles to follow when acting as a trustee.
Articles about how accountancy practices can offer services as a trustee
Technical helpsheet issued to help members to determine how relationships can impact audit independence, especially in regard to whether a firm can continue to act if a partner in the firm is a trustee of a trust that holds shares in an audit client.
You need to be aware of these ten practice regulation issues.
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.
Client moving overseas
FAQ on whether a client who is resident overseas, but rents out property in the UK, meets the criteria needed to qualify for a UK Personal Allowance.
FAQ on the daily Private Residence Relief allowance for a diplomat, to enable him to find accommodation whilst away on diplomatic duties abroad. The house he owned in the UK was let to tenants between his brief periods of occupation.
This guide is designed to help accountants in practice advise their clients better on international issues and to help finance directors, financial controllers and other accountants in business assess the financial risk and profitability of an international project or sale.
DPB (Investment Business) licence
Information for members and firms with a DPB (Investment Business) licence.
Frequently asked questions on DPB (Investment Business).
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.
The DPB (Investment Business) Handbook sets out the regulations for firms licensed to provide DPB (Investment Business) activities.
This section provides all the information you need to know to apply for an ICAEW insolvency licence, including a full list of requirements and details of the fees involved.
ICAEW and our Restructuring & Insolvency Community have developed a suite of materials to help you promote the value of ICAEW insolvency practitioners. The guide and videos can be shared with your clients, business partners and staff. The materials provide a view of the direction of the market and offer guidance on the seven stages of business recovery and the role of insolvency and restructuring specialists.
Insolvency is a regulated profession and insolvency practitioners must meet certain standards.
Guidance on business restructuring and insolvency, including insight into what insolvency practitioners can offer, examples of corporate insolvency measures and information for creditors on IP fees.
Engagement letters are a key document in the relationship between you and your client, providing a written confirmation of the work that will be carried out. The Library can provide sample wording for a wide variety of engagement letters.
The ICAEW Library & Information Service holds a collection of model financial statements and checklists.
The ICAEW Library & Information Service offers access to an extensive range of forms and precedents through the collection of printed works and electronic databases.
Obtain client screening reports checking against global risk and compliance data, including government sanctions, Politically Exposed Persons, a wide range of watch lists and negative news profiles.
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.
Resources relating to Personal Financial Planning regulation.
Award winning journalist Stephanie Hawthorne highlights the dysfunctional ‘at retirement’ arena today and looming shortfalls tomorrow
Personal Financial Planning
Personal Financial Planning (PFP) is an area in which ICAEW Chartered Accountants are able to use their skills and experience and trusted relationships to deliver complementary services and work with other professionals to help clients and their families manage their personal finances. This increasingly important area of professional advice typically involves aspects of lifetime cash-flow modelling, investments, pensions and retirement planning, tax and estate planning, probate and personal insurances.
Updates and insights related to investment.
Probate work offers firms a real business opportunity. Combining inheritance tax planning and probate services enables you to reaffirm your position as a one-stop-shop for business advisory services.
Practical guidance for probate practitioners, including the latest regulatory updates, helpsheets, and compliance information.
ICAEW probate-accredited firms explain how they are making a success of this new area.
Tax advice for individuals
Expert commentary and practical guidance from ICAEW related to personal taxation, covering areas including: capital gains tax, income tax, inheritance tax, pensions, residence and domicile, savings and investments and trusts.
MTD for individuals is centred around the Personal Tax Account (PTA) which already has many of the services needed by PAYE taxpayers. HMRC continues to improve and develop the PTA.
Professional Conduct in Relation to Taxation (PCRT) has been updated making it easier to navigate with a new digital structure. This edition is effective from 1 March 2019.
The emergence of professional service firms in recent years has resulted from a growing demand from businesses for specialist advice to help them achieve business advantage in an increasingly competitive market place.