With one of our standard memberships packages, you can rest assured your compliance needs are covered, with the added assurance you can call our technical helpline with a compliance query – at no additional cost. Should you need additional support, Membership also gives you preferential rates on our other services – so you’re never alone when it comes to compliance matters.

Gold
Silver
Bronze
Non Audit
Total Annual Fee (Exc VAT) payable across 12 months
£2,450
£1,645
£1,125
£1,040
Compliance Pack (AML, PA and ISQM Procedures)*
Corporate Audit Methodology**
Group Audit Methodology
Methodology Pack to include:
up to 3 Additional Specialist Assignments
More than 3 Additional Specialist Assignments
+£180
+£360
+£180
+£360
+£180
+£360
+£180
+£360
Non-Audit Methodology
Access to Telephone Helpline
FRS102 Audit Quality File Reviews
2
1
Non-audit file or one financial statements review
1
1
Six Technical Briefings
PDF copy of Quarterly Technical Update Course Notes
Include access to online Quarterly Technical Update Course for whole firm
+£300
+£300
+£300
+£300
Preliminary Regulatory Visit Assistance (30 Min Call)
Preferential Rates on all other services

* ISQM Procedures not included in Non Audit Package

** The packages above can be tailored to suit the practice. For instance, the Corporate Audit Manual can be swapped for the Charities Manual if the practice only has charity audit clients.

Example Standard Membership Packages

We have prepared two example firms to give you a clearer idea of which membership might suit your firm. If you’re still not sure, please call us without any obligation to purchase.

1
SOLE PRACTITIONER
  • Sole Practitioner practice with no additional professional staff
  • Has 2 audit clients, one of which has been with the practice for 15 years
  • Remaining portfolio of non-audit work comprises of UK-based businesses and individuals
  • Recent regulatory visit has identified some weaknesses in anti-money laundering procedures

RECOMMENDED MEMBERSHIP PACKAGE

  • General Practitioner Silver package.

WHY? If the partner has acted as R.I. for 10 years or more, the FRC’s Ethical Standard requires safeguards to be implemented to mitigate the long association threat. Having a hot file review (or “Engagement Quality Review”) carried out by an external party is such a safeguard.

Annual fee: £1,425 plus VAT
Paid in 12 monthly instalments

2
SINGLE PARTNER PRACTICE
  • Practice comprises a single partner with 12 professional staff
  • Has 15 audit clients including two charities as well as two solicitor’s accounts rules assignments and one ATOL assignment
  • Remaining portfolio of non-audit work principally comprises of UK-based businesses and individuals, but a few clients are based overseas
  • Recent regulatory visit was satisfactory but the practice is developing and the partner considers that technical and compliance support is now important
  • The practice is considering introducing a cloud-based platform for audit and non-audit assignments

RECOMMENDED MEMBERSHIP PACKAGE

  • Gold package with Methodologies “add on”.

WHY? The Gold package includes 2 audit file reviews and the Methodologies “add on” provides the opportunity to add specialist methodologies in addition to the “core” methodologies. In this instance, the charities, solicitors accounts rules and ATOL assignments manuals would be selected.

The firm may also consider purchasing an on-demand version of our Quarterly CPD updates covering topical matters relevant to accountancy and audit staff.

Annual fee: £2,260 plus VAT
Paid in 12 monthly instalments