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Practice review service

The Practice Review Service offers a wide range of confidential reviews, which will help your firm establish, maintain and monitor effective high-quality control procedures.

We offer reviews specifically tailored to meet the needs of your firm.

Regular reviews can help prepare you for a visit from the ICAS Practice Monitoring team and, if required, allow your firm to take timely corrective action.

Using our independent and objective experts can provide you with the added assurance that your procedures are in line with professional requirements and help you if they need to be improved.

 
Independent and objective
Our expert team offer a wealth of knowledge and experience bring a new point of view to your firm.
 
Peace of mind for compliance
Ensuring your firm's compliance with the ever-changing professional regulations.
 
Free up valuable charge time
Save time and free up your staffs valuable chargeable time.

ICAS Practice reviews

General reviews

Our general reviews can focus on one particular issue or cover a number of areas depending on your needs. They can take the form of informal telephone consultations, or a visit to your firm to undertake a full review and formal report.

We can provide guidance on a number of areas including:

  • Compliance with Institute bye-laws, rules and guidance e.g. money laundering
  • Skills and competence e.g. recruitment, appraisals, training and IES 8
  • General management practices e.g. workflow arrangements
  • Analysis of specific work areas within the practice e.g. accounts preparation, taxation, projections, management accounts, payroll and book-keeping services
  • Preparation for a visit by the ICAS Quality Review team - highlighting areas where improvement is needed and advising on corrective action, or if you have recently been visited, reviewing, recommending and formulating an appropriate plan of action.

Audit cold file and firm compliance reviews

We can provide details of audit cold file and firm compliance review service providers all of whom have experience in meeting the requirements of submissions to the Authorisation Committee.


The ICAS Practice review service

  • £120 per hour plus expenses plus VAT
  • 15% discount for Evolve+ Members
  • 25% discount for Evolve Premium Members

Enquire about our Practice review service

Enquire now


You may also be interested in:

  • ICAS Practice advisory service

Have Questions? Contact our Practice Team

Practice advisory service

"If you are working on your practice, rather than in it, and need further independent support, ICAS can help."

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Starting up in practice

Making the decision to start up in practice on your own is a big move and ICAS offers support and…

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The mark and designation “CA” is a registered trade mark of The Institute of Chartered Accountants of Scotland (ICAS), and is available for use in the UK and EU only to members of ICAS. If you are not a member of ICAS, you should not use the “CA” mark and designation in the UK or EU in relation to accountancy, tax or insolvency services. The mark and designation “Chartered Accountant” is a registered trade mark of ICAS, the Institute of Chartered Accountants of England and Wales and Chartered Accountants Ireland. If you are not a member of one of these organisations, you should not use the “Chartered Accountant” mark and designation in the UK or EU in relation to these services. Further restrictions on the use of these marks also apply where you are a member.

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