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One of the proudest boasts of UK200Group is the high professional standards in procedure maintained by its members.
All accountant member firms undergo an annual independent peer review to ensure that the standards set by the Group are being met. This covers the areas of tax procedures and controls, accounts preparation, audit work and insolvency, if appropriate, and the firm's own quality control system.
Potential and existing members are required to attain the quality grades A, B or C before being accepted or continuing as a UK200Group member. Several firms have achieved the highest level, grade A. Where a few have failed over the years they have left the membership.
A cost benefit of the quality assurance process exists for members who place their PI Insurance through the Group scheme.
