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.
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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)
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.
Department of Health
The Department of Health publishes an NHS Manual for Accounts as part of its Finance Manual.
Healthcare Financial Management Association (HFMA)
- NHS Charitable Funds – Example Trustee Annual Report and Accounts (January 2016)
- Glossary for NHS and local authority finance and governance (October 2015)
- NHS foundation trust accounts: A guide for non-executives and governors – April 2011 update
Monitor, the NHS foundations trusts regulator, produces guidance and information for NHS foundation trusts (FTs), including:
- NHS foundation trusts: Annual reporting manual 2015/16
- NHS foundation trusts: Submitting annual reports and accounts
NHS and the public sector
Research reports and surveys from the Chartered Institute of Management Accountants (CIMA). Topics include performance management and financial forecasting.
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
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.