Annual Renewal FAQs
What is the Annual Renewal?
All ICAS members are required to renew their membership each year. This includes making payment for your fees and confirming your professional declaration.
When do I need to complete my Annual Renewal?
You should complete your Annual Renewal as soon as possible once it has been released to you (in November 2022). The deadline for completion is 1 January 2023. If you have not completed your Annual Renewal by this date, an administration charge may be applied, and your continued membership may be at risk.
Why do I need to complete my Annual Renewal?
If you do not complete your Annual Renewal in good time you will lose your continued ICAS membership, your CA professional designation, and the many associated member benefits and services.
I don't want to renew my membership, what do I do?
If you don’t wish to continue your membership of ICAS, you should get in touch as soon as possible to let us know that you wish to resign. It’s helpful for us if you can give a brief explanation of your reason for resigning as this provides valuable feedback. If you don’t inform us of your intention to resign, you will continue to be contacted by us regarding completion of your Annual Renewal.
I am a new member of ICAS, do I need to complete the Annual Renewal?
All members of ICAS who were admitted before 30 September 2022 are required to complete their Annual Renewal by 1 January 2023, including making payment for subscription fees.
If you were admitted after 30 September 2022, and have already paid your 2023 subscription fees, you are not be required to complete your Annual Renewal this year.
CPD – what counts toward your commitment?
When completing your Annual Renewal you will be asked to confirm that you have undertaken relevant CPD. Further guidance on what type of learning counts toward your commitment is available here.
Public Disciplinary Scheme levy
ICAS is a member of the Financial Reporting Council’s Accountancy Scheme, which is responsible for the independent investigation and discipline of Members and Firms where the matter raises or appears to raise important issues affecting the public interest in the United Kingdom. In terms of the ICAS Rules, the FRC Accountancy Scheme is referred to as “the Public Disciplinary Scheme”.
ICAS is currently required to fund the investigation and discipline costs of all Public Disciplinary Scheme cases which involve an ICAS member or firm. Having reviewed the current risk exposure of ICAS in relation to the Public Disciplinary Scheme, Council remains content that there are sufficient reserves built up from prior years to meet the expected costs, as well as a reasonable contingency should any new cases arise during the course of the year. Accordingly, a nil rate will continue to apply to the Public Disciplinary Scheme levy for 2023. Council will review the position for 2024 having regard to the caseload at the relevant time and therefore the Public Disciplinary Scheme levy may be increased again for future years.
Any other questions?
Please see our Annual Renewal page if you need more information or to complete your renewal now.
If you can't find an answer to your question, or need help with any aspect of your membership renewal, including your subscription payment, please get in touch with us:
+44 (0)131 347 0100
Post or In Person
ICAS, CA House, 21 Haymarket Yards, Edinburgh, EH12 5BH
ICAS office closure
Please note that the ICAS offices will close on Thursday 23 December 2022 and will re-open on Tuesday 3 January 2023. Any queries received during this period will be dealt with as quickly as possible upon our return.