ICAEW FACULTY CORPORATE MEMBERSHIP Position your business for success Faculty corporate membership icaew.com/faculties
Faculty corporate membership will place your organisation at the heart of the profession, working alongside ICAEW s technical experts and industry networks being part of something bigger in a unique position to access our collective expertise and extensive technical resources across a range of topics. Deborah Chaplin FCA Director, Faculties ICAEW To discuss how faculty corporate membership can help your organisation and to tailor a package to suit your needs, call Tracy Gray on +44 (0)20 7920 8526 or email tracy.gray@icaew.com
Contents SECTION PAGE ICAEW faculty corporate membership Join the faculty that meets your needs Audit and Assurance Faculty Business and Management Faculty Corporate Finance Faculty Financial Reporting Faculty Financial Services Faculty IT Faculty Tax Faculty Excel Community 3 5 6 7 8 9 10 11 12 13 2
ICAEW faculty corporate membership Disruptive technologies. Dynamic economic markets. Changing regulation and legislation. Whether you re in business or practice, you ll be well aware of just how much the accountancy profession is constantly adapting to the changing environment and becoming more and more competitive. To become a leader in the profession you need a trusted partner. An organisation that knows what it takes to prime your business and your people for success. Welcome to ICAEW Corporate membership to any of our faculties is one of the best investments you can make to steer your organisation to future success. We ll partner with you to strengthen your business and develop your people. We ll ensure your staff stay up to date and on top of new trends giving them access to on-demand professional development. In short, your people will have all the advice, knowledge and skills they need, when they need them most. Join any of ICAEW s faculties as a corporate member, and our network of leading technical experts will save you time and resources by navigating the mass of information that s out there. We ll provide you with the highlights and vital elements you need to know, so you can concentrate on your day-to-day business. Corporate membership also means you get a global voice. We ll work with your people to ensure our advocacy and the close contact we have with international governments, policymakers, regulators and industry leaders helps shape the future of the profession and creates a world of strong economies. Our Royal Charter sets out our responsibility to act in the public interest, so you can be assured all faculties will provide you with the highest quality information, resources and advice. Position your organisation for success. Become an ICAEW faculty corporate member today. 3
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Join the faculty that best meets your needs Corporate membership to one of ICAEW s seven faculties is available for 10 or more of your staff. Choose the faculty or faculties most suited to your business needs and give your staff the support they need to succeed. BENEFITS FOR YOUR STAFF Continuing professional development resources prepared by ICAEW experts and informed by our trusted network of leaders in the profession. Immediate access to practical online training and webinars, providing support wherever and whenever it s needed most. Direct access to the latest thought leadership and technical information, trends and updates impacting the profession. These are delivered through our magazines, e-bulletins, blogs, publications and social media channels. Invitations to events and networking opportunities designed to develop skills, enhance knowledge and enable learning from others experiences. Events are held throughout the year and are presented by industryrespected speakers discussing a wide range of subjects, tailored to professional experience. BENEFITS FOR YOUR ORGANISATION The opportunity to shape and influence the future of the profession. We regularly look to our corporate members for contributions on research-based programmes and thought leadership reports. These provide direction on the challenges and concerns impacting business, and inform domestic and international regulation, policy and legislation. Participation in our work gives your people a seat at the table, boosting their profile and technical expertise, both of which will benefit your organisation. An increased and enhanced profile among the faculty and ICAEW s respected industry networks. We can work with you on a range of options to profile your organisation, whether it s through seminars and events, publications or guidelines. Value for money membership with a trusted world-leading professional body. We ve been committed to promoting, developing and supporting the accountancy profession since our formation in 1880. Now with over 149,000 members worldwide, you can be assured we ll support your organisation and your staff to the highest possible standard. 5
Audit and Assurance Faculty Audit and assurance is always evolving. It has to, with the fresh regulations and standards that are constantly being put into place. This faculty is a proactive centre of excellence in all audit and assurance matters. We are passionate about collaborating to create relevant, forward-looking solutions for reporting and discovering new ways for organisations to engage and communicate. Stay ahead of your competitors with our comprehensive package of guidance and technical advice. You ll be part of a faculty that s at the forefront of development and topical discussion. One that regularly delivers informed, timely and pragmatic updates. Among the many exclusive benefits of corporate membership is the power you ll get to influence standard setters on both a national and international scale. Your staff will also have access to a range of materials that provide essential guidance and technical advice to support their professional development. We also invite our members to take an active role in designing resources and developing work. The faculty has a well-earned reputation for bringing together expert stakeholders, tackling issues head on, challenging current thinking and informing legislative developments. We re committed to shaping practice and demonstrating the value of audit and assurance to society. Our aim is that our work will help to build trust and confidence in business. Gilly Lord MA, FCA Chair, Audit and Assurance Faculty and Partner, PricewaterhouseCoopers LLP 6
Business and Management Faculty Corporate membership of this faculty is an investment in your talent, because your staff will gain access to practical advice and guidance designed to develop their skills and careers. Members get access to our extensive series of webinars and events. You ll also receive our regular magazine and in-depth reports on topics, chosen by fellow professionals. Get ready to learn more about leadership and presentation skills, and dip into our coverage of technical topics, including financial modelling and forecasting. By joining this faculty you will become part of a community of like-minded professionals. Expect plenty of networking opportunities, practical resources and peer support, all designed to improve the performance of your organisation. The Business and Management Faculty works closely with those in business to ensure that we continue to provide relevant and practical support and guidance to busy professionals helping you and your business to grow and develop. David Carr Bsc(Econ), ACA Chair, Business and Management Faculty and CEO, Bouygues Energies and Services 7
Corporate Finance Faculty A rich resource of technical advice, the Corporate Finance Faculty helps your staff adapt to new and emerging issues in an environment of constant change. We are a large network of corporate finance professionals, with more than 7,000 members and 80 corporate members from major professional service groups, specialist advisory firms, companies, banks, private equity, venture capital, law firms, brokers, consultants, policymakers and academic experts. Every professional firm and company has a business life cycle, and at each stage you may need access to new knowledge to support progress. Membership of this faculty will give your staff exclusive access to best practice and technical advice designed to help them add value to your organisation. For us, it s all about providing the flexibility and know-how you need to deal with changing commercial circumstances. The Corporate Finance Faculty really is the voice of corporate finance its publications, services and other media provide an invaluable source of industry and technical information. The faculty also represents the interests of members to policymakers and facilitates a highly effective business development network. Mark Pacitti CA, CF Chair, Corporate Finance Faculty and Global Leader Corporate Finance Advisory, Deloitte LLP 8
Financial Reporting Faculty In an increasingly complex business environment, the quality and efficiency of financial reporting is coming under the spotlight more and more. The Financial Reporting Faculty guides its members through the maze of new and emerging requirements. We ll make sure your staff are always one step ahead by providing high-quality and timely resources. These include concise factsheets, a unique online standards tracker, and full access to the IASB s International Financial Reporting Standards. With significant changes on the horizon as a result of several new IFRSs and continuing developments in UK GAAP, keeping up to date with the latest financial reporting changes is vital. The faculty works closely with standard setters, professional bodies and other policymakers worldwide to maintain ICAEW s reputation as a thought leader on financial reporting policy and thinking; all the while, continuing to deliver high quality and innovative services to our members. Stephanie Henshaw BA, FCA Chair, Financial Reporting Faculty and Partner, PKF Francis Clark 9
Financial Services Faculty The Financial Services Faculty keeps your organisation up to date in a fast-changing environment, whether your staff work in banking, insurance or investment management. Membership of this faculty gives your staff unique opportunities to join technical committees developed with business specialisms in mind and designed to provide topical information that s relevant to working professionals. Your staff will receive access to the latest industry developments, news and technical support, so they will always be on the front foot. We also make it easier for your organisation to keep up to date with the latest developments in your sector and we regularly talk to government regulators to influence how policy is developed on your behalf. The faculty remains extremely important to our members in financial services as well as ICAEW itself, as it continues to influence government and regulators in this important public interest industry. A recent example of our work is our instrumental role in developing a framework for assurance on bank regulatory ratios. Neeraj Kapur BEng, FCA, CF, MIoD, FCIBSF Chair, Financial Services Faculty and CFO, Secure Trust Bank plc 10
IT Faculty All accountants use IT in one way or another. So it s vital your staff understand the implications IT has on your business, practice and clients. With this in mind, the IT Faculty aims to help accountants get the most out of the vast array of technology that s available to them. We are a one-stop shop for information, news and guidance. You can rely on us for advice on the latest tech issues, cyber security, data protection and best practice. We are also involved in technical projects to develop solutions and standards specific to our profession, all of which will help your staff make the right decisions for your organisation. Your staff will also automatically become members of our Excel Community providing access to forums as well as two suites of bespoke online Excel training. The faculty is actively working to ensure our members and their businesses are prepared for the increasing impacts of technology informed of future trends, ready for new opportunities and able to adapt and evolve their roles and ways of working to stay competitive in the digital age. Jeremy Boss BA, FCA, FBCS Chair, IT Faculty and Director, Boss Cyber Ltd 11
Tax Faculty The world of tax is fast-moving. Ever-changing. And if you ve got clients, a practice or a business that needs to keep up to date with new compliance and regulatory matters, corporate membership of our Tax Faculty will really benefit you. We have the resources and tools both online and offline to give you the advice and support you need to succeed. These include a comprehensive webinar programme and TAXguide series, and access to a directory of other faculty members, so your staff can connect with peers and gain specialist advice when they need that extra level of support. We re also in a unique position of being able to work closely with senior politicians, HMRC and Treasury representatives to shape policy and help in the implementation of the tax code. The Tax Faculty has a proud quarter century history of working hard in support of the profession but over recent years in particular has truly moved centre-stage in the world of tax to collaboratively shape the changes ahead as UK business moves to a modern, digital footing. Carl Bayley BSc, FCA Chair, Tax Faculty and Director, Bayley Miller Ltd 12
Excel Community Spreadsheets are a vital part of the working lives of accountants and finance professionals. However, because many people teach themselves how to use Excel, they get into bad habits which often result in errors on spreadsheets. You don t need us to tell you the potential harm such errors can cause your business. Corporate membership of ICAEW s Excel Community provides a one-stop shop for professionals who want to know how to use Excel more efficiently and get the most out of it. Join us, and you ll have access to practical advice, online training and an active members forum. Basically, this community gives you and your staff the ultimate Excel support service right at your fingertips. We look to ICAEW s Excel Community for specific and useful training and support. Excel is still a fundamental tool of the trade, and it s important people all around our firm know how to use it well. The online training and content provided comes tailor-made for accountants and financial experts, ensuring our staff get relevant and reliable assistance in a way that s efficient and practical for our business. Rob Bayliss Chair, Excel Community Advisory Committee and Director, Head of Advisory Financial Modelling, Grant Thornton UK LLP 13
Become an ICAEW faculty corporate member today Telephone +44 (0)20 7920 8526 Email Visit tracy.gray@icaew.com icaew.com/faculties
There are over 1.7m chartered accountants around the world talented, ethical and committed professionals who use their expertise to ensure we have a successful and sustainable future. Over 149,000 of these are ICAEW Chartered Accountants. We train, develop and support each one of them so that they have the knowledge and values to help build local and global economies that are sustainable, accountable and fair. We ve been at the heart of the accountancy profession since we were founded in 1880 to ensure trust in business. We share our knowledge and insight with governments, regulators and business leaders worldwide as we believe accountancy is a force for positive economic change across the world. ICAEW Chartered Accountants Hall Moorgate Place London EC2R 6EA UK T +44 (0)1908 248 250 F +44 (0)1908 248 260 E faculties@icaew.com icaew.com/faculties ICAEW 2018 TECPLM16022 02/18