This resource is aimed at our members in the UK that have already obtained a practising certificate (or are in the process of obtaining one) and are now looking at the practical aspects of starting a practice.
In some sections, there is advice from our Secret Accountant - an ACCA member practising in the heart of England.
If you are thinking of starting a practice but have not yet obtained a practising certificate, please visit our practising certificate page.
If you've just established your new firm, many of you will not even be considering the staffing structure. But should you?
The physical practice
We discuss where to practice from when you start your practice, looking at home, offices, space needed, leases and more!
Your new practice will likely need more than a laptop and a printer to keep you going. Here's advice on hardware and software
What's in a name?
We've pulled out information on naming regulations from ACCA's Rulebook. Here's the do's and don't's to get you started
Quoting and charging
Time to start earning income. You need to set prices that won't put clients off but will make a profit. Here's our advice
Staffing, recruitment and training
If you do need staff, how do you choose between apprentices, sub-contractors and permanent employees?
Building up a client list
Access links to relevant webinars and get advice on how to find clients (as well as the issues to be aware of if you're considering buying a practice)
Find out all about engagement letters and purchase a bank of templates to help your practice. Also available: free technical factsheet with engagement letters for tax practitioners
Registering with government agencies and public
Find out who to contact to register with the necessary bodies.
Find out about keeping on the right side of regulation when you start your new practice, including a detailed monitoring FAQ section
We've prepared a series of webinars to help you in setting up your practice. Find out from experts on a range of topics.
If you are just starting up in practice then ACCA has some helpful templates that you can use.