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Prior to that date, ACCA members were known as Certified Accountant. It is still permissible for an ACCA member to use this term. Members of ACCA with post-qualification experience of more than five years and have completed the required continued professional development are designated Fellows, and use the designatory letters FCCA in place of ACCA.
At an Extraordinary General Meeting on 24 June 1996, members of AAPA voted for the body to become a subsidiary company of the Association of Chartered Certified Accountants (ACCA). AAPA is, therefore, a company limited by guarantee and registered in England. While maintaining its own separate and distinctive identity constitutionally, AAPA now ...
Professional bodies are also responsible for administering training and examinations for students and members. The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the ...
ICATT is a member of the Institute of Chartered Accountants of the Caribbean. [1] ICATT is also a member of the International Federation of Accountants (IFAC). [2] Trinidad and Tobago was one of the first countries to fully adopt International Financial Reporting Standards (IFRS) in 1999. More recently the country adopted IFRS for SMEs in 2010. [3]
ACCA was a sponsor of the AAT before breaking its links in the mid-1990s in order to form the CAT qualification. [1] The rationale behind this move was that it wanted a technician level qualification which followed the same strategic direction of the ACCA qualification, i.e. one with an international profile. [2]
AAT also licenses ATOL reporting accountants although it only has a small number of such members. In 2014, AAT expanded its suite of qualifications and launched new courses in accounting, bookkeeping, computerised accounting, tax and business skills. In 2017, AAT also launched a new membership category for bookkeepers (AATQB).
AAT members can claim a range of exemptions from ACCA, ICAEW, ICAS, CIPFA and CIMA examinations and vice versa. Many AAT students go on to study for Chartered status with one of the Chartered bodies with approximately 30% of Chartered body membership comprising those who began their studies with AAT.
The following is a list of professional bodies in the United Kingdom.Membership of a professional body does not necessarily mean that a person possesses qualifications in the subject area, nor that they are legally able to practice their profession.