New partnership with Sage to support members setting up new practices.
ACCA and Sage have teamed up to launch a package of advice and technology to help more accountancy practices launch in the UK than ever before, with Sage pledging £2.9m to support this.
There has been a dramatic increase in those looking to set up in practice, and both ACCA and Sage recognise that every small business needs expert support and guidance, more than ever before, and accountants are key to providing this.
The package of free support aims to reduce those initial overheads that are faced by practices when starting up through free access to software for the first six months from launch. In addition to this, Sage will also provide access to world-class advice to help practices help their clients every step of the way - understand the latest legislation, remain compliant, stay informed, get paid fast while having full visibility of their cash flow. For more information click here.
Claire Bennison, Head of ACCA UK, says: 'This partnership will provide ACCA members setting up in practice access to software, advice and support at a time when they really need it. We want them to get off to the best possible start and be able to support small businesses who are a major contributor to the economy. ACCA is dedicated to supporting our entrepreneurs and their growth and providing the necessary advice and tools to ensure they stay efficient and relevant.'
Paul Struthers, Managing Director, Sage UK and Ireland, says: 'We know times are tough and we’re here with practices every step of the way. The fact that significantly more practices have launched this year than last, despite Covid-19, shows that the pandemic has not haltered the ambition of the accountancy sector, it’s our responsibility to support these new businesses as they take shape.'
Additional exclusive Sage benefits solely for ACCA practitioners include:
access to Sage University: Exclusive Sage University accreditation for the practice, through live and recorded training, all of which is accessed through the University membership
access to a dedicated Practice Success Manager to support you to set up your practice and guide you through your ongoing accreditation
additional support on managing a practice, provided by ACCA
access to a new practitioner community that will be developed over time with input from members.
The ACCA New Practice hub has also got a lot of articles and resources to support you from thinking about the name of your practice, the structure, how to attract and charge clients to recruitment of staff and practice regulation.
To obtain an ACCA practising certificate or a combined practising certificate and audit qualification for the first time, ACCA members must obtain a period of relevant experience and complete a PCEF - for more information visit here.