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.

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.

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.

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.

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.

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 (PA) scheme provides ICAEW member firms and practising certificate holders with a framework of principles-based quality assurance standards to operate to. It outlines procedures to follow with your clients, and how to maintain the highest quality of work and ensure compliance with relevant laws and regulations, eg, those relating to anti-money laundering and protection of client data.

Professional indemnity insurance (PII), is compulsory for all ICAEW members who have a practising certificate and engage in public practice. PII is a requirement of a number of regulations.

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

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.

The ICAEW Practice Committee (IPC) is a Committee through which Members engaged in Public Practice can represent the views of practice to ICAEW and vice versa.

Information on IPC elections.

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.