PracticeAuditGPs to get their own society

GPs to get their own society

A new-style faculty for high street accountants is back on the agenda at the ICAEW, two years after a similar proposal was dropped.

Link: GPs steal limelight at institute meeting

Rebranded as a ‘practice society’ the proposed scheme would provide a number of services to general practitioners, including helplines, IT support and technical updates.

ICAEW president Peter Wyman said: ‘I want to provide real support for general practitioners – they will be the judge of whether they get value from the society.’

But a similar proposal was quietly dropped by the institute less than two years ago after it emerged there was little demand for such a service.

The proposals, which include plans to charge a modest subscription fee for membership, were due to be presented to the institute’s council yesterday.

The ICAEW council was also due to approve the institute’s plans for a new practice monitoring regime, provisionally called practice assurance.

Wyman was set to tell the council that if they did not introduce the new regime, it would be forced on them through external regulation.

‘The public would be amazed that such a system was not in place,’ Wyman said.

‘The pressure would be difficult to resist (the scheme),’ he added.

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