Benefits and support for MiPs

As a practising certificate holder you may act, in certain instances, as a reporting accountant. A reporting accountant compiles financial reports on small companies as an alternative to audited annual accounts.

The facility is open to companies, by minuted decision of their directors, which do not exceed the annual turnover threshold.

CIMA offers helplines and support for legal queries, ethical dilemmas and whistleblowing. Law Express also provide an information portal with free to download legal guidance.

Free Anti-Money Laundering / Counter Terrorist Financing (AML/CTF) webinar
Money laundering is an area of risk for our members in practice. CIMA offers a free AML/CTF webinar for all our members in practice to support your compliance with current Anti-Money Laundering Regulations.

Disclaimer about this service

The following disclaimer should be borne in mind by any person seeking business legal support from CIMA or through CIMA’s partner in this service Law Express.

CIMA does not supply legal, investment, professional, or career advice. If you consult the Professional Standards & Conduct Department, whether by email or telephone or in writing, the information and comments if any made by our staff are given in good faith and for the purpose of general guidance only. CIMA will take all reasonable care in dealing with individual queries but can only respond on the basis of the information provided to it. No responsibility or liability whatsoever is accepted for any error, omission or misstatement (whether or not arising out of negligence) or for any loss or damage sustained as a result of reliance on information supplied or comments made.

Mention of any organization or product by our staff or in our publications does not convey or imply any endorsement, guarantee or warranty of the organization or product by CIMA.

Information provided by Law Express to CIMA Members is intended to be an introduction to various general business issues and a source of some basic documents and templates. It is not comprehensive, and it is not a substitute for professional advice.

Links in some parts of the Information may take users to websites controlled by third parties.  Law Express and CIMA are not liable for any loss or damage the user suffers as a result of visiting those websites or of using or relying on any information on those websites PROVIDED ALWAYS that those links which relate to such third party websites are, at all times, clearly identified as such to the user. Users are responsible for protecting their own computer equipment against the risk of viruses from external sites.

Law Express will use reasonable endeavours to keep the information relatively up-to-date by updating it at regular intervals but it will only be current as the latest update   Law Express is not obliged to continue to include anything included previously included.  Law Express is not liable for any loss or damage the user suffers as a result of the material not being up-to-date.

Full Terms and Conditions are available on the Law Express Website and you will be asked to confirm that you accept them.

Guidance on complying with member in practice regulations.

To help clients find a suitable practising accountant, CIMA has set up a database of registered members in practice to help clients find a suitable CIMA practising accountant in their local area. Having your practice details listed on this database can help promote your services, attract new clients and set you apart from non professionally qualified accountants.

Your CIMA practising certificate shows your clients that you have been awarded a certificate of competency to practice. It assures your clients that your skills, experience, and professional conduct meet CIMA’s high standards.

MiPs can use the CIMA professional working in practice leaflet as a promotional tool for their practice. 

CIMA’s members in practice panel (MiP panel) is a dedicated group of established practising members. Based upon their experience, they can offer you advice and guidance on a wide range of practice issues. 

CIMA is a globally recognised brand that extends an image of professionalism, competence and trust in its members. As a CIMA member in practice you may use the specially designed CIMA members in practice logo on your business stationery. 

Your association with the CIMA brand on your business cards and website will instil confidence in potential and current clients and help boost your business. Details on how to access the logo are emailed to members upon the awarding of a practising certificate.

Active MiP's can access the practising certificate holders (PCH) logo in their MyCIMA account.

Keeping up to date with current issues concerning working in practice is vital. As a registered CIMA member in practice you have access to many CIMA events.