Practice Compliance

This course will enable you to

• Ensure your practice is complaint with all the relevant regulations.
• Achieve top ratings in assurance and monitoring visits from your professional body.
• Demonstrate the highest standards of professional conduct.
• Take a risk-based approach to challenges such as money laundering.
• Consider the ethical requirements of onboarding new clients and saying goodbye to old ones.
• Use CPD to keep up-to-date and relevant in a fast-paced world.

About the course

Professional accountants are regulated by their professional body, both at individual level and at the firm level. So, it's important for accountants to understand the regulations that they are being asked to comply with and keep up to date with the changes.

This course outlines these rules, as well as providing information detailing what may happen if an accountant falls foul of them. You'll consider the issue of practice compliance in three different segments – the role of the professional body, the procedures for onboarding and offboarding clients, and the monitoring and management of CPD. Discover why understanding all of these elements is crucial to maintain a healthy, productive practice.