FirmDecisions joins ICAEW practice assurance scheme
FirmDecisions, the world’s largest contract compliance company specialising in media and marketing, is delighted to announce that it has joined the Practice Assurance Scheme run by the Institute of Chartered Accountants for England and Wales (ICAEW). The Institute is the global professional body for chartered accountants, a world-leading improvement regulator.
The ICAEW’s Practice Assurance Scheme provides member firms with a framework of principles-based quality assurance standards to which they are required to operate. The Scheme outlines procedures members need to follow with their clients, details how to maintain the highest quality of work, and ensures compliance with relevant laws and regulations. Of particular relevance for FirmDecisions and its clients, these include legislation relating to anti-money laundering and protection of client data.
The process of application for membership took a year for FirmDecisions to be accredited, thanks to the stringent criteria and evaluation by the ICAEW team. Federica Bowman, FirmDecisions CEO, commented: “As global leaders in the field of media and marketing contract compliance, FirmDecisions is the go-to specialist for 85 of the world’s top 100 advertisers. We work in close partnership with hundreds of global brands – and their agency partners – ensuring that advertisers get what they pay for and only pay for what they get.
“This additional level of endorsement and accreditation from the ICAEW provides advertisers and agencies alike with the reassurance that our knowledge and experience is now auditable by the leading, global, professional body that regulates the world’s auditing firms. Membership of the ICAEW’s Practice Assurance Scheme underlines FirmDecisions’ deserved reputation for being reputable and trustworthy, particularly when it comes to assessing financial investment and security of data.”
For more information about the ICAEW’s Practice Assurance Scheme, see https://www.icaew.com/regulation/practice-assurance/what-is-the-icaew-practice-assurance-scheme