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The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of December 2023, it has over 208,000 members and students in 146 countries. ICAEW was established by royal charter in 1880. [6]
The Consultative Committee of Accountancy Bodies (CCAB) is an umbrella group of chartered professional bodies of British qualified chartered accountants.The primary objective of the CCAB is to provide a forum for the member bodies to discuss issues of common concern, and where possible, to provide a common voice for the accountancy profession when dealing with the United Kingdom government.
Member: CPA Australia CPA Australia: Australia: Member: CAANZ Chartered Accountants Australia and New Zealand: Australia: Member: IPA Institute of Public Accountants: Austria: Member: IOW Institut Österreichischer Wirtschaftsprüfer Austria: Member: Kammer der Wirtschaftstreuhänder Azerbaijan: Member: Chamber of Auditors of Azerbaijan ...
Professional bodies represent the interests of their members by lobbying governments, and provide the framework for self-regulation where this is permitted by statute. Professional bodies are also responsible for administering training and examinations for students and members.
Members of these bodies are deemed to hold equivalent-level qualifications and advertisements for jobs often state that an organisation is looking for a CCAB-qualified individual. Full members of CCAB organisations including ACCA could apply for ICAEW membership subject to certain criteria. [46]
In addition to functioning as ICAEW's administrative headquarters, Chartered Accountants' Hall offers business and social facilities to its members and the general public. These include a café, a members' club, a lending library and a business centre.
Some bodies, including ICAEW, provide direct membership exchanges and short routes to admittance for members of certain overseas bodies. [6] Once admitted, members are expected to comply with ethical guidelines, gain appropriate professional experience and undergo continuing professional development.
ICAS has over 20,000 members worldwide who worked in public practice, industry, commerce, the public sector and education. Membership is generally obtained by entering a training contract with an accountancy firm (although it is possible to train within the industry), during which the student gains experience and sits a number of exams.