Setting up your own practice

Setting up your own Practice is a way to apply your professional accountancy skills and experience, and to some extent control the number of hours you work. We have the following information, helpsheets and practical support to help members considering setting up their own practice:

Practice Resources

Practice resources web pages which include detailed sections on:

• Developing a specialism
• Setting up a practice
• Practice structure
• Practice regulation 
• Practice support services
• Practice marketing and development
• People and HR
• Pricing
• Risk management

Practice helpsheets

There are 39 practice helpsheets of these in total including engagement and disengagement letters, arrangements of alternates, Bribery Act, client money regulations, data protection, new client information checklist

PI insurance

Marsh Commercial Professions has created an enhanced professional indemnity facility exclusively for ICAEW members including a policy specially for low fee income.

Setting up your own business

Use our selection of books, articles, webinars and guides to find more information on all aspects of starting a business.

• Business start-up

Corporate Governance Community

Members of the Community benefit from our practical resources tailored for board members, providing access to training and information to enable executive and non-executive directors to maximise their contribution to the board. We also offer a programme of events, webinars and quarterly bite-sized e-updates on subjects of interest.

• Corporate Governance Community
• Joining a Community if you're unemployed or on a career break

Portfolio careers

Portfolio careers are on the increase. We have a number of ways we provide information and support for members seeking to build a portfolio career.

• Building a portfolio career