For larger firms, membership packages are tailored to meet a firm’s needs. To make sure we provide you with the right level of support, an initial conversation is the best place to start. That way, you can rest assured your compliance needs are covered.

Before making an initial enquiry, it might help to know a little more about what a package might look like and estimated costs, so we have prepared two examples.

From time to time, additional support may be required and as a member you will receive preferential rates off our other services. You’re never alone when it comes to compliance matters.

Example Bespoke Membership Packages

1
4 PARTNER PRACTICE
  • 2 partners act as R.I’s and look after a portfolio including 45 audit clients which includes two groups and a handful of other specialist assignments. The other partners are both tax focussed, one of whom is the Money Laundering Compliance Principal for the firm.
  • The firm has a team of 10 qualified staff and 20 trainees (a mixture of ACA, ACCA and AAT students)
  • Recent regulatory visit was satisfactory, but the practice is growing and looking to take on additional audit work. Technical and compliance support is vital to ensure the practice develops as appropriate.
  • The practice is considering introducing a cloud-based platform for audit and non-audit assignments

RECOMMENDED MEMBERSHIP PACKAGE

  • Bespoke membership package.

EXAMPLE PACKAGE

  • Documentation and access to Technical Helpline
  • 4 cold file reviews per year (2 x small, 2 x medium files)
  • Quarterly CPD Updates delivered in-house / remotely as required

Annual fee: £ 8,280,
paid in 12 monthly instalments

Any additional CPD courses, student development training, recruitment etc would be billed on a “pay as you go” basis at the preferential members’ rate.

2
LARGER PRACTICE
  • 10 partner firm offering a “full service” proposition
  • The audit and accounts team is headed up by 5 partners, a couple of associate partners (who have employee R.I status) and 3 senior managers
  • The firm employs 100 staff. At least half of these are trainees at varying stages of their professional qualifications.
  • The practice is forward-looking and considering tendering for a couple of smaller AIM listed entities.

RECOMMENDED MEMBERSHIP PACKAGE

  • Bespoke membership package.

EXAMPLE PACKAGE

  • Documentation and access to Technical Helpline
  • 7 cold file reviews per year (3 x medium, 3 x large, 1 x large consolidation)
  • Quarterly CPD Updates delivered in-house / remotely as required
  • Annual Practice Compliance Review

Annual fee: £18,240,
paid in 12 monthly instalments

Any additional CPD courses, student development training, recruitment etc would be billed on a “pay as you go” basis at the preferential members’ rate.