Accountants across the UK got four big regulatory announcements this week. Charity accounting thresholds increased dramatically. FRC confirmed 2026 consultation windows. ICAEW
Engagement letter software for accountants automatically generates ACCA and ICAEW-compliant letters of engagement in under 60 seconds – eliminating scope creep, missed
Ever had a client insist their gym membership should count as valid ID? It sounds absurd, but it points to a genuine
AML client onboarding is the mandatory process UK accounting practices must complete before providing any regulated service under MLR 2017. It covers
Your new client sits across from you. Former MP. Consultancy income. Property portfolio. Straightforward engagement letter, right? Then you remember: they held
Does your client’s £500,000 property purchase align with their £35,000 declared salary? Can you trace the £200,000 “business proceeds” sitting in their
How long does it take you to onboard a new client? A week? Two weeks? Longer? How many emails go back and
UK accountants waste thousands annually on fragmented AML tools when integrated platforms handle proposals, engagement letters, and compliance in one subscription.
Do you know when to apply standard checks versus enhanced scrutiny for your clients? Could you confidently explain to HMRC why you
Small accounting firms face the same strict AML obligations as banks. This guide breaks down customer due diligence, risk assessments, and record keeping requirements into practical steps that work for practices of any size.
Before accepting any new client, UK law requires you to verify that they are not subject to financial sanctions. Missing this check can cost
From May 2026, UK tax professionals will need HMRC registration before they can handle client interactions with the tax authority, following new