- Directory of Members
If you are considering applying for FCSA Accreditation, you may have questions about what is involved in the compliance review process:
As a guide, we have produced this step-by-step summary of what the accreditation compliance review process involves.
The first step involves the applicant selecting a reviewer for the accreditation compliance checks. All FCSA Code assessors are either chartered accountants or regulated solicitors and have at least five years demonstrable experience of specialising in the freelance sector. You can choose from the list below:
Legal assessors (for umbrella and CIS applications)
You will need to choose a financial assessor from the first list, and if you are applying to have your umbrella or CIS accredited you will also need to select a legal assessor. EY has an in-house SRA regulated legal team, so if you choose them for the financial elements they will also cover the legal aspects. If you choose BDO or Saffery Champness to be your financial assessors, then you will need to choose a legal assessor from Brabners or JMW Solicitors, as listed above. The cost of the application is the same whichever assessors you select.
Once you have selected your reviewer, you will need to notify FCSA Chief Executive, Julia Kermode and pay the cost for the review directly to the FCSA. The FCSA will then ask the reviewer to commence the review.
The review involves a 3 stage review process:
Once all their queries have been answered, your assessors will report their findings to FCSA. You will be informed of the outcome as soon as possible thereafter.