diff --git a/contracts/account/AccountFactory.sol b/contracts/account/AccountFactory.sol
new file mode 100644
index 00000000..eb47a6f0
--- /dev/null
+++ b/contracts/account/AccountFactory.sol
@@ -0,0 +1,67 @@
+// contracts/MyFactoryAccount.sol
+// SPDX-License-Identifier: MIT
+
+pragma solidity ^0.8.20;
+
+import {Clones} from "@openzeppelin/contracts/proxy/Clones.sol";
+import {Address} from "@openzeppelin/contracts/utils/Address.sol";
+
+/**
+ * @dev A factory contract to create smart accounts on demand.
+ *
+ * This factory takes an opinionated approach of using initializable
+ * https://docs.openzeppelin.com/contracts/5.x/api/proxy#Clones[clones]. However,
+ * it is possible to create account factories that don't require initialization
+ * or use other deployment patterns.
+ *
+ * See {predictAddress} and {cloneAndInitialize} for details on how to create accounts.
+ */
+contract AccountFactory {
+    using Clones for address;
+    using Address for address;
+
+    /// @dev Emitted when a new account is created.
+    event AccountCreated(address indexed account, bytes32 salt);
+
+    address private immutable _impl;
+
+    /// @dev Sets the implementation contract address to be used for cloning accounts.
+    constructor(address impl_) {
+        _impl = impl_;
+    }
+
+    /// @dev Predict the address of the account
+    function predictAddress(bytes32 salt, bytes calldata callData) public view virtual returns (address, bytes32) {
+        bytes32 calldataSalt = _saltedCallData(salt, callData);
+        return (_impl.predictDeterministicAddress(calldataSalt, address(this)), calldataSalt);
+    }
+
+    /**
+     * @dev Create clone accounts on demand and return the address. Uses `callData` to initialize the clone.
+     *
+     * NOTE: The function will not revert if the predicted address already exists. Instead, it will return the existing address.
+     *
+     * WARNING: Make sure the ownership of the account is tied to `callData` to avoid front-running the salt with a
+     * malicious `callData` to steal the account.
+     */
+    function cloneAndInitialize(bytes32 salt, bytes calldata callData) public virtual returns (address) {
+        return _cloneAndInitialize(salt, callData);
+    }
+
+    /// @dev Same as {cloneAndInitialize}, but internal.
+    function _cloneAndInitialize(bytes32 salt, bytes calldata callData) internal virtual returns (address) {
+        (address predicted, bytes32 _calldataSalt) = predictAddress(salt, callData);
+        if (predicted.code.length == 0) {
+            _impl.cloneDeterministic(_calldataSalt);
+            predicted.functionCall(callData);
+            emit AccountCreated(predicted, salt);
+        }
+        return predicted;
+    }
+
+    /// @dev Creates a unique that includes the initialization arguments (i.e. `callData`) as part of the salt.
+    function _saltedCallData(bytes32 salt, bytes calldata callData) internal pure virtual returns (bytes32) {
+        // Scope salt to the callData to avoid front-running the salt with a different callData
+        return keccak256(abi.encodePacked(salt, callData));
+    }
+}
diff --git a/contracts/account/README.adoc b/contracts/account/README.adoc
index 122f794a..2010a906 100644
--- a/contracts/account/README.adoc
+++ b/contracts/account/README.adoc
@@ -5,6 +5,7 @@ NOTE: This document is better viewed at https://docs.openzeppelin.com/community-
 This directory includes contracts to build accounts for ERC-4337. These include:
 
  * {Account}: An ERC-4337 smart account implementation that includes the core logic to process user operations.
+ * {AccountFactory}: A factory contract that uses https://docs.openzeppelin.com/contracts/5.x/api/proxy#Clones[clones][Clones] to deploy deterministic smart accounts with predictable addresses.
  * {AccountERC7579}: An extension of `Account` that implements support for ERC-7579 modules.
  * {AccountERC7579Hooked}: An extension of `AccountERC7579` with support for a single hook module (type 4).
  * {ERC7821}: Minimal batch executor implementation contracts. Useful to enable easy batch execution for smart contracts.
@@ -25,6 +26,8 @@ This directory includes contracts to build accounts for ERC-4337. These include:
 
 {{Account}}
 
+{{AccountFactory}}
+
 == Extensions
 
 {{AccountERC7579}}
diff --git a/contracts/mocks/account/AccountMock.sol b/contracts/mocks/account/AccountMock.sol
index 54449002..19446b1c 100644
--- a/contracts/mocks/account/AccountMock.sol
+++ b/contracts/mocks/account/AccountMock.sol
@@ -2,6 +2,7 @@
 
 pragma solidity ^0.8.20;
 
+import {Initializable} from "@openzeppelin/contracts/proxy/utils/Initializable.sol";
 import {Account} from "../../account/Account.sol";
 import {ERC721Holder} from "@openzeppelin/contracts/token/ERC721/utils/ERC721Holder.sol";
 import {ERC1155Holder} from "@openzeppelin/contracts/token/ERC1155/utils/ERC1155Holder.sol";
@@ -25,3 +26,16 @@ abstract contract AccountMock is Account, ERC7739, ERC7821, ERC721Holder, ERC115
         return caller == address(entryPoint()) || super._erc7821AuthorizedExecutor(caller, mode, executionData);
     }
 }
+
+abstract contract AccountInitializableMock is Initializable, AccountMock {
+    function initialize() public initializer {}
+
+    /// @inheritdoc ERC7821
+    function _erc7821AuthorizedExecutor(
+        address caller,
+        bytes32 mode,
+        bytes calldata executionData
+    ) internal view virtual override returns (bool) {
+        return caller == address(entryPoint()) || super._erc7821AuthorizedExecutor(caller, mode, executionData);
+    }
+}
diff --git a/contracts/mocks/docs/account/MyFactoryAccount.sol b/contracts/mocks/docs/account/MyFactoryAccount.sol
index 4f1fd736..894f8e07 100644
--- a/contracts/mocks/docs/account/MyFactoryAccount.sol
+++ b/contracts/mocks/docs/account/MyFactoryAccount.sol
@@ -3,45 +3,8 @@
 
 pragma solidity ^0.8.20;
 
-import {Clones} from "@openzeppelin/contracts/proxy/Clones.sol";
-import {Address} from "@openzeppelin/contracts/utils/Address.sol";
+import {AccountFactory} from "../../../account/AccountFactory.sol";
 
-/**
- * @dev A factory contract to create accounts on demand.
- */
-contract MyFactoryAccount {
-    using Clones for address;
-    using Address for address;
-
-    address private immutable _impl;
-
-    constructor(address impl_) {
-        _impl = impl_;
-    }
-
-    /// @dev Predict the address of the account
-    function predictAddress(bytes32 salt, bytes calldata callData) public view returns (address, bytes32) {
-        bytes32 calldataSalt = _saltedCallData(salt, callData);
-        return (_impl.predictDeterministicAddress(calldataSalt, address(this)), calldataSalt);
-    }
-
-    /// @dev Create clone accounts on demand
-    function cloneAndInitialize(bytes32 salt, bytes calldata callData) public returns (address) {
-        return _cloneAndInitialize(salt, callData);
-    }
-
-    /// @dev Create clone accounts on demand and return the address. Uses `callData` to initialize the clone.
-    function _cloneAndInitialize(bytes32 salt, bytes calldata callData) internal returns (address) {
-        (address predicted, bytes32 _calldataSalt) = predictAddress(salt, callData);
-        if (predicted.code.length == 0) {
-            _impl.cloneDeterministic(_calldataSalt);
-            predicted.functionCall(callData);
-        }
-        return predicted;
-    }
-
-    function _saltedCallData(bytes32 salt, bytes calldata callData) internal pure returns (bytes32) {
-        // Scope salt to the callData to avoid front-running the salt with a different callData
-        return keccak256(abi.encodePacked(salt, callData));
-    }
+contract MyFactoryAccount is AccountFactory {
+    constructor(address impl_) AccountFactory(impl_) {}
 }
diff --git a/docs/modules/ROOT/pages/accounts.adoc b/docs/modules/ROOT/pages/accounts.adoc
index a78b6a0c..a5363a01 100644
--- a/docs/modules/ROOT/pages/accounts.adoc
+++ b/docs/modules/ROOT/pages/accounts.adoc
@@ -35,7 +35,9 @@ TIP: Given xref:api:utils/cryptography.adoc#SignerERC7913[`SignerERC7913`] provi
 
 The first time you send an user operation, your account will be created deterministically (i.e. its code and address can be predicted) using the the `initCode` field in the UserOperation. This field contains both the address of a smart contract (the factory) and the data required to call it and create your smart account.
 
-Suggestively, you can create your own account factory using the https://docs.openzeppelin.com/contracts/5.x/api/proxy#Clones[Clones library from OpenZeppelin Contracts], taking advantage of decreased deployment costs and account address predictability.
+The library offers an xref:api:account.adoc#AccountFactory[AccountFactory] contract you can start with. It uses the https://docs.openzeppelin.com/contracts/5.x/api/proxy#Clones[Clones library from OpenZeppelin Contracts] to take advantage of decreased deployment costs and account address predictability.
+
+TIP: Custom factory implementations may use a different approach to initializable clones. For example, some implementations could leverage https://docs.openzeppelin.com/contracts/5.x/api/proxy#Clones-cloneWithImmutableArgs-address-bytes-[clones with immutable arguments].
 
 [source,solidity]
 ----
diff --git a/test/account/AccountFactory.test.js b/test/account/AccountFactory.test.js
new file mode 100644
index 00000000..d55380a0
--- /dev/null
+++ b/test/account/AccountFactory.test.js
@@ -0,0 +1,130 @@
+const { ethers } = require('hardhat');
+const { expect } = require('chai');
+const { loadFixture } = require('@nomicfoundation/hardhat-network-helpers');
+
+const cloneInitCode = instance => ethers.concat(['0x3d602d80600a3d3981f3', cloneRuntimeCode(instance)]);
+const cloneRuntimeCode = instance =>
+  ethers.concat([
+    '0x363d3d373d3d3d363d73',
+    instance.target ?? instance.address ?? instance,
+    '0x5af43d82803e903d91602b57fd5bf3',
+  ]);
+
+async function fixture() {
+  const [other] = await ethers.getSigners();
+
+  // ERC-4337 account implementation. Implementation does not require initial values
+  const accountImpl = await ethers.deployContract('$AccountInitializableMock', ['', '']);
+
+  // ERC-4337 factory
+  const factory = await ethers.deployContract('$AccountFactory', [accountImpl.target]);
+
+  // Initialize function calldata
+  const initializeData = accountImpl.interface.encodeFunctionData('initialize', []);
+
+  return { other, factory, accountImpl, initializeData };
+}
+
+describe('AccountFactory', function () {
+  beforeEach(async function () {
+    Object.assign(this, await loadFixture(fixture));
+  });
+
+  describe('predictAddress', function () {
+    it('should predict the correct account address', async function () {
+      const salt = ethers.randomBytes(32);
+      const [predictedAddress, saltedCallData] = await this.factory.predictAddress(salt, this.initializeData);
+      const expectedAddress = ethers.getCreate2Address(
+        this.factory.target,
+        saltedCallData,
+        ethers.keccak256(cloneInitCode(this.accountImpl)),
+      );
+      expect(predictedAddress).to.equal(expectedAddress);
+    });
+
+    it('should return the same predicted address for the same salt and calldata', async function () {
+      const salt = ethers.randomBytes(32);
+      const [predictedAddress1, saltedCallData1] = await this.factory.predictAddress(salt, this.initializeData);
+      const [predictedAddress2, saltedCallData2] = await this.factory.predictAddress(salt, this.initializeData);
+      expect(predictedAddress1).to.equal(predictedAddress2);
+      expect(saltedCallData1).to.equal(saltedCallData2);
+    });
+
+    it('should return different addresses for different salts', async function () {
+      const salt1 = ethers.randomBytes(32);
+      const salt2 = ethers.randomBytes(32);
+      const [predictedAddress1] = await this.factory.predictAddress(salt1, this.initializeData);
+      const [predictedAddress2] = await this.factory.predictAddress(salt2, this.initializeData);
+      expect(predictedAddress1).to.not.equal(predictedAddress2);
+    });
+
+    it('should return different addresses for different calldata', async function () {
+      const salt = ethers.randomBytes(32);
+      const initializeData1 = ethers.concat([this.initializeData, '0x00']);
+      const initializeData2 = ethers.concat([this.initializeData, '0x01']);
+      const [predictedAddress1] = await this.factory.predictAddress(salt, initializeData1);
+      const [predictedAddress2] = await this.factory.predictAddress(salt, initializeData2);
+      expect(predictedAddress1).to.not.equal(predictedAddress2);
+    });
+  });
+
+  describe('cloneAndInitialize', function () {
+    it('should create and initialize a new account', async function () {
+      const salt = ethers.randomBytes(32);
+      const [predictedAddress] = await this.factory.predictAddress(salt, this.initializeData);
+      await expect(ethers.provider.getCode(predictedAddress)).to.eventually.equal('0x');
+      await this.factory.cloneAndInitialize(salt, this.initializeData);
+      await expect(ethers.provider.getCode(predictedAddress)).to.eventually.eq(cloneRuntimeCode(this.accountImpl));
+
+      const deployedClone = this.accountImpl.attach(predictedAddress);
+      await expect(deployedClone.initialize()).to.be.reverted;
+    });
+
+    it('should emit AccountCreated event once when a new account is created', async function () {
+      const salt = ethers.randomBytes(32);
+      const [predictedAddress] = await this.factory.predictAddress(salt, this.initializeData);
+
+      // First deployment (should emit event)
+      await expect(this.factory.cloneAndInitialize(salt, this.initializeData))
+        .to.emit(this.factory, 'AccountCreated')
+        .withArgs(predictedAddress, salt);
+
+      // Second deployment attempt (should not emit event)
+      await expect(this.factory.cloneAndInitialize(salt, this.initializeData)).to.not.emit(
+        this.factory,
+        'AccountCreated',
+      );
+    });
+
+    it('should return the existing account if already deployed', async function () {
+      const salt = ethers.randomBytes(32);
+
+      // First deployment
+      await this.factory.cloneAndInitialize(salt, this.initializeData);
+      const [cloneAddress1] = await this.factory.predictAddress(salt, this.initializeData);
+
+      // Second deployment attempt (should return the existing clone)
+      await this.factory.cloneAndInitialize(salt, this.initializeData);
+      const [cloneAddress2] = await this.factory.predictAddress(salt, this.initializeData);
+
+      expect(cloneAddress1).to.equal(cloneAddress2);
+    });
+
+    it('should deploy accounts with different salts at different addresses', async function () {
+      const salt1 = ethers.randomBytes(32);
+      const salt2 = ethers.randomBytes(32);
+      await this.factory.cloneAndInitialize(salt1, this.initializeData);
+      await this.factory.cloneAndInitialize(salt2, this.initializeData);
+
+      // Addresses differ
+      const [predicted1] = await this.factory.predictAddress(salt1, this.initializeData);
+      const [predicted2] = await this.factory.predictAddress(salt2, this.initializeData);
+      expect(predicted1).to.not.equal(predicted2);
+
+      // Could should be the same regardless
+      const code1 = await ethers.provider.getCode(predicted1);
+      const code2 = await ethers.provider.getCode(predicted2);
+      expect(code1).to.be.eq(code2);
+    });
+  });
+});