Members in practice

Information for CIPFA members in practice

CIPFA members in practice are required to make themselves aware of the special rules and code of practice that relate to the provision of accountancy services, which are included in the CIPFA Statement of Professional Practice, and the other material provided in this Members in Practice section of the website.

Formal review of members’ practices is no longer a requirement, except that you will continue to be required to register with a money laundering supervisor. 

Options for CIPFA members requiring registration include:

New for 2016: ICAS and CIPFA anti-money laundering scheme for CIPFA firms

All accountancy practices with principals who are CIPFA members can register with ICAS for anti-money laundering (AML) supervision.

These organisations now benefit from a choice of regulator. Registration with ICAS sets organisations apart from the many other businesses, including unqualified accountants, currently registered with HMRC, with registered organisations benefiting from effective regulation and support from a credible and respected body.

More information is available online. Please note it is very important that all members in practice register with HMRC or another recognised supervisor, to avoid breaking the law.