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Benefits of Membership in Practice

Benefits for Members in Practice

Members who wish to establish themselves in public practice to provide bookkeeping services to clients must apply for the ICB Practice Licence. Associate Members, Members or Fellows who are able to satisfy the ICB criteria, and undertake to follow the Professional Conduct Regulations, will be granted the Practice Licence.

Practice Licence Holders receive extensive marketing, technical and administrative support from ICB. In addition to enjoying the normal benefits of membership, a practising member of the ICB also receives:

Practice Licence certificate sealed by ICB
Supervision under the Money Laundering Regulations (MLR) - legal requirement for all Accounting Service Providers   More info
  MLR guidance manual complete with forms and examples (if supervised by the ICB)
AML Software - special software developed by the ICB to help with Risk Assessments and Due Diligence tracking (if supervised by the ICB)
     
MLR advice line (if supervised by the ICB), in addition to Technical, VAT and Legal Advice Line
     
  *NEW* Ready-made VistaPrint templates for business cards, letterheads, flyers incorporating ICB crest and fulfilling statutory requirements *NEW*
Online resources in exclusive Practice Licence area of ICB website providing guidance on establishing a bookkeeping practice, including how to find clients, what to charge and how to write a letter of engagement
Exposure to new clients via a Free Listing in the online Practice Directory and online Job Vacancies facility
The support of the ICB and the availability of professional or practical advice on running a practice
The right to use the ICB's heraldic crest on all stationery and promotional material and website
Discounted Professional Indemnity Insurance. Certain conditions apply.
Discounted advertising space in Yellow Pages

 


I've never been happier in work
Shirley Winch AICB CB.Cert

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