Five-year agreement allows ICAEW firms to access core tax and accountancy content
The Institute of Chartered Accountants in England & Wales (ICAEW) has signed a “significant seven-figure deal” for members to access core tax and accountancy content from Bloomsbury Professional.
Eligible ICAEW firms will be given full access to Bloomsbury’s online tax and accountancy service. The agreement spans five years. The Bloomsbury Professional service includes core legislation, expert commentary and tax cases that will support firms in their client practice work.
Firms will be able to access the complete portfolio from November 2018.
Sharon Gunn, ICAEW executive director, said: “Ensuring chartered accountants deliver the highest standards to which they operate is becoming increasingly important and this partnership helps ensure that firms continue to be trusted and valued contributors to businesses around the world.
“Bloomsbury Professional has some of the country’s leading tax advisor and practitioners writing expert content and for our members it is this level of accuracy that is an absolute premium.”
Greg Kilminster, managing director for Bloomsbury Professional said: “Collaborating with ICAEW to provide content is a key initiative for us. Our practitioner content is widely recognised as being core to the tax and accountancy market.”
Nigel Barton, chief executive of the Harry Potter publisher, said the ICAEW deal demonstrated the opportunities to make money from its professional content on new digital platforms.
The announcement was made as part of Bloomsbury’s half-year results. Adjusted profit before tax in the six months to the end of August rose 13 per cent to £2.9m from £2.5m the year before on revenues that grew 4 per cent to £75.3m from £72.1m in 2017.