Practice Compliance

by Steve Collings

Discover how to comply with practice management regulations set by your professional body and come through practice monitoring or assurance visit. Exploring regulatory frameworks, non-compliance sanctions, client onboarding and offboarding procedures, and CPD management.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Ensure your practice is complaint with all the relevant regulations.
  • Achieve top ratings in assurance and monitoring visits from your professional body.
  • Demonstrate the highest standards of professional conduct.
  • Take a risk-based approach to challenges such as money laundering.
  • Consider the ethical requirements of onboarding new clients and saying goodbye to old ones.
  • Use CPD to keep up-to-date and relevant in a fast-paced world.

About the course

Professional accountants are regulated by their professional body, both at individual level and at the firm level. So, it's important for accountants to understand the regulations that they are being asked to comply with and keep up to date with the changes.

This course outlines these rules, as well as providing information detailing what may happen if an accountant falls foul of them. You'll consider the issue of practice compliance in three different segments – the role of the professional body, the procedures for onboarding and offboarding clients, and the monitoring and management of CPD. Discover why understanding all of these elements is crucial to maintain a healthy, productive practice.

Look inside

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Contents

  • Practice assurance
    • The role of professional bodies
    • Who's regulating you?
    • Regulatory regime and sanctions
    • Under scrutiny
    • The review
    • Preparing for a monitoring visit
    • Approach to the monitoring visit
    • Common deficiencies
  • Onboarding and offboarding clients
    • The engagement process
    • Due diligence
    • Anti-money laundering requirements
    • Firm-wide risk assessments
    • Dealing with disagreements
    • Walking away
    • Resigning from a client
  • Monitoring and managing CPD compliance
    • The importance of CPD
    • Keeping on top of it
    • CPD activities
    • It's all in the application
    • Monitoring CPD activity
    • Following the rules

How it works

Author

Steve Collings

Steve is Director at Leavitt Walmsley Associates, a firm of Certified Chartered Accountants. He is an internationally recognised speaker, writer and commentator on all matters to do with financial reporting and auditing. Steve is a prolific author, having written over 25 books and currently represents the North West of England on ACCA’s Practice Network Panel.

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Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team’s needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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