Accounting – for GPs and the wider healthcare profession

Accounting for GPs and practitioners in the wider healthcare profession and NHS is a highly specialised field. It requires accountancy expertise and an understanding of the sector. On this page you can access a range of articles, books and online resources providing quick links to practical guidance and background knowledge.

Do you need to find industry specific information for a client or to gain an understanding of a new market for business? Use our Business & Industry Guides to help kick-start your search.

The Business & Industry Guides series, produced by the Library & Information Service exclusively for ICAEW members and ACA students, provides useful information on a variety of business and industry sectors, including links to market research reports, statistics, information on import and export, trade bodies and trade journals.

Useful accounting links

Association of Independent Specialist Medical Accountants (AISMA)
Network of firms of UK accountants specialising in working for doctors. The site includes regional statistics for medical practices, a search tool for locating AISMA members, information about the organisation and a news feed.

ICAEW (Institute of Chartered Accountants in England & Wales)

Healthcare Group
The special interest group provides practical support to chartered accountants within the sector. It offers news updates, bench-marking surveys, technical help-sheets, as well as conferences and seminars.

CIPFA

CIPFA provides resources and information for public sector finance managers on its TISonline website. This includes a section on health with guidance on FASt Standards.

Department of Health

The Department of Health publishes an NHS Manual for Accounts as part of its Finance Manual.

Healthcare Financial Management Association (HFMA)

The HFMA is a professional body for finance staff in the healthcare sector that publishes a variety of practical guides, including:

Monitor

Monitor, the NHS foundations trusts regulator, produces guidance and information for NHS foundation trusts (FTs), including:

Publications

NHS and the public sector
Research reports and surveys from the Chartered Institute of Management Accountants (CIMA). Topics include performance management and financial forecasting.

PKA Books
Publisher of a range of books covering accounting and taxation for dentists and doctors practices, including:

  • Taxation Aspects for Medical Doctors
  • Taxation Aspects for Dentists
  • Accounting for General Medical Practitioners

Related resources

Doctors’ expenses: HS231 Self Assessment helpsheet
Guide from HMRC with information and examples on the calculation of partnership profits.

Pay review bodies
The NHS Pay Review Body (NHSPRB) advises on the pay of NHS staff.

Review Body on Doctors’ and Dentists’ Remuneration (DDRB)
Body that advises the government on the appropriate level of net income for GPs. DDRB reports are available to download in PDF format.

TOP