Practice Assurance and General Compliance Update

Hear an update from Dave Norris following the ICAEW publishing their 2024 Practice Assurance report.

Objectives

This course will refresh delegates on the key regulatory requirements a firm has to comply with, using the latest QAD report on its monitoring visits as a framework. The course will look at areas that need to be addressed and the common pitfalls that cause firms to be disciplined by their professional body, so that practitioners can ensure their procedures and processes are properly focussed.

Key topics

• Key changes to the Practice Assurance, Clients’ Money, DPB and other regulations that apply to firms
• Latest QAD monitoring feedback with an emphasis on why some firms receive disciplinary action
• Refresher on key issues from each area of regulation affecting firms
• Current issues on ethics, acceptance and disengagement
• Reminder of good practices to ensure competence and quality control over chargeable work

Who should attend

This course will be relevant for senior individuals who are responsible for the firm’s compliance with the various (non-audit) regulations.

Note that Anti-Money Laundering points will be covered by the course “Anti-Money Laundering – Topical Points and QAD Feedback” and Probate will be covered by the course “Probate Update and Refresher”.