ICAS Regulation Co-operation helpsheet
Members are required to co-operate with ICAS in respect of regulatory matters, but sometimes considerable ICAS time and resourcing can be spent following up members who do not reply.
Each of the licences issued by ICAS is governed by a set of ICAS Regulations – e.g. practising certificates are covered by ICAS’ Public Practice Regulations, whilst the Audit Regulations are used for audit licences.
These Regulations contain provisions which require members to co-operate with ICAS in respect of regulatory matters. Such co-operation is necessary to allow ICAS to carry out its obligations as a regulatory body and to maintain public confidence in the profession.
The helpsheet below provides information to members, firms and affiliates on their obligation to co-operate with ICAS in relation to regulatory matters. We encourage you to read the helpsheet.