HM Treasury approved Professional Bodies for supervisory purposes are;
1. Association of Chartered Certified Accountants
2. Institute of Chartered Accountants in England and Wales
3. Institute of Chartered Accountants in Scotland
4. Institute of Chartered Accountants of Ireland
5. Association of Accounting Technicians
6. Association of International Accountants
7. Association of Taxation Technicians
8. Chartered Institute of Management accountants
9. Chartered Institute of Public Finance Accountants
10.Chartered Institute of Taxation
11.Insolvency Practitioners Association
12.Institute of Certified Bookkeepers
13.Institute of Financial Accountants
14.International Association of Bookkeepers
Members of the above professional bodies will be supervised for complaince under their relevant professional assurance scheme and subject to the relevant members disiplininary codes of prectice.
All other firms undertaking relevant activity by the way of business in the accountancy sector will register with HMRC for supervison