Karen Eckstein Ltd frequently advises professional services firms on the contractual issues relating to AI, as well as commercial, operational and procedural issues (see below). They also include the changes proposed by ICAEW in proposed terms for all professionals, as they think that they represent best practice generally.

The 3 verification options for ACSP

Whilst most accountancy firms are aware of the new Authorised Corporate Service Provider (ACSP) regime and may have decided to register as an ACSP so that they can file documents at Companies House on behalf of their clients, we have noticed that many other professional service firms have not realised that they may be caught by the ACSP regime if they also file documents at Companies House. For example, insolvency practitioners, law firms, tax advisers, and many more may find