Small and medium-sized practices (SMPs) make up the majority of the accountancy sector. They are the backbone of most national economies, as they support millions of local and regional businesses.

Because the challenges and opportunities facing SMPs are unique, differing considerably from those facing multinational accountancy firms and members in other sectors, ACCA has launched a hub to bring together a range of resources to support this community.

Practice Connect offers articles, reports, podcasts and guides that help smaller practices grow, navigate the digital transformation, and train and develop their team. As the name suggests, the hub also offers a collaborative space where SMPs from around the world can connect, share and learn from each other.

One important feature is the Practice Room – a series of virtual sessions hosted by practitioner members, where SMPs can come together to talk, share, be heard, exchange ideas and learn from other like-minded practitioners. The meetings are designed for practices leaders to connect with other members and small practice owners from around the world.

To ease navigation, the hub’s content is structured around several themes:

  • Starting your practice. Whether you are going it alone or setting up in a small team, we provide information on rules and standards, naming and structuring your practice, what tech to use, and more.
  • Growing your practice. The resources on offer – podcasts, articles, guides and community meetings – aim to support you in growing sustainably, leveraging technology, improving processes, developing your services, and branding your practice the way you like.
  • Developing talent. We offer expert advice on how you can attract, recruit, develop and manage top talent.
  • Networking and events. Discover industry innovations, stay on top of regulations, plus network with, and learn from, like-minded professionals from the global SMP community. Through the Practice Room meetings, you can ask questions and share your experiences with some of today’s most forward-thinking minds in accountancy.

We look forward to welcoming you to our space and receiving your feedback.

Further information