We will be holding three technical webinars in November, all designed to help practices grow. Register now to watch live, or on demand at a time that suits you.
ACCA is required to undertake a comprehensive programme of monitoring visits to firms. This work is undertaken by ACCA’s Monitoring department and is designed to examine compliance with auditing standards, ACCA’s Global Practising Regulations (GPRs) and the Code of Ethics and Conduct. ACCA uses risk factors to determine whether a firm should be visited within the normal cycle of every six years, or earlier. Risk factors taken into account include the outcome of the previous visit and the number and types of audit clients. In some cases firms that hold auditing or investment business certificates but who do not undertake any regulated work may be subject to desktop monitoring instead of monitoring visits. This may also apply to firms that do not hold certificates but have principals who are ACCA members. Last year ACCA carried out monitoring visits to over 500 firms in the UK holding audit registration. In this webinar, Rob will discuss the top 10 issues emerging from monitoring visits.
Speaker: Rob Mukherjee FCCA, Compliance Manager at ACCA – Rob is a Compliance Manager within ACCA's Audit Monitoring department. He joined ACCA 13 years ago and oversees a team of compliance officers.
Many practices fail to take control of their business and allow their clients and staff to dictate the direction that the business will take. In this webinar, Val will discuss what it means to be a captain of your ship and plan where you want to be in the future. She will also discuss the key factors in managing your practice – how to solve lock-up, billing, debt collection, cost management and staff management.
Speaker: Val Steward FCCA - For over 20 years Val has worked with accountancy practices, helping them to develop their businesses and remain compliant. She is the author and co-author of a number of technical guides and work programmes including the CCH Industry Audit and Accounting Guide on Clubs and Associations, and the Practice Society Anti-Money Laundering Procedures and Training Manual. She enjoys helping firms to develop, advising on training and staffing policy and all aspects of practice management. She also lectures widely on auditing, management skills and assurance services.
We all need a plan – both for ourselves and for our businesses. For the lucky few, success lands in their lap, but for most of us, we are more likely to succeed if we plan a long term pathway for the career we want. Smart employers are also preparing for the long term success of their business through succession planning – yet only 37% of accounting firms have a formal succession plan in place (Crowe Howarth, 2015). In this webinar, Tara Aldwin will share her experiences of her own pathway to partnership at Foxley Kingham. Tara will explore all the practicalities – planning, objectives, finances, operations and timescales – that needed to be thought through for Foxley Kingham’s succession planning, and how this dovetailed with her own plan for success.
Speaker: Tara Aldwin, Director, Foxley Kingham Chartered Accountants - having started her career in a similar firm, Tara qualified with a large PLC and then joined Foxley Kingham as an Audit Senior in 1999. Tara became a Director in 2010.
