The Consultative Committee of Accountancy Bodies (CCAB) is an umbrella group of chartered

professional bodies A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skil ...

of British qualified chartered accountants.

Members

Since 2012, CCAB has five member bodies: *

Association of Chartered Certified Accountants Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 240,952 members and 541,930 future members worldwid ...

(ACCA) *

Chartered Institute of Public Finance and Accountancy The Chartered Institute of Public Finance and Accountancy (CIPFA) is a professional institute for accountants working in the public services, national audit agencies, in major accountancy firms, and in other bodies where public money needs to be ma ...

(CIPFA) *

Institute of Chartered Accountants in England and Wales 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 July 2022, it has over 198,000 members ...

(ICAEW) *

Chartered Accountants Ireland Chartered Accountants Ireland was established by Royal Charter on 14 May 1888, and is Ireland's largest accountancy body. According to its website, it represents over 30,000 members globally. Chartered Accountants Ireland is part of the Con ...

(CAI, formerly ICAI) *

Institute of Chartered Accountants of Scotland The Institute of Chartered Accountants of Scotland (ICAS) is the world's first professional body of Chartered Accountants (CAs). It is a regulator, educator, influencer and thought leader. ICAS act as a thought leader and voice of the professiona ...

(ICAS) There was previously a sixth founder member, the

Chartered Institute of Management Accountants The Chartered Institute of Management Accountants (CIMA) is the global professional management accounting body based out of the UK. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountan ...

(CIMA). CIMA gave notice in March 2011 of its intention to leave the CCAB. The five remaining bodies committed themselves to ensure that the CCAB "is the sole voice for the profession on those issues which affect our combined membership." Many job advertisements for accountants in the United Kingdom used to specify "CCAB qualified" in cases where an employer wishes to hire a professional accountant, but has no specific preference as to which institute. After giving notice to leave, CIMA requested the Head of Government Accounting Services to use a longer formula, "CCAB, CIMA or overseas equivalent".

History

The CCAB was founded in 1974 by all six British and Irish professional accountancy bodies with a

Royal Charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, bu ...

. The same six bodies are the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

professional bodies that belong to the

International Federation of Accountants The International Federation of Accountants (IFAC) is the global advocacy organization for the accountancy profession; mainly for the financial accounting and auditing professions. Founded in 1977, IFAC has more than 175 members and associates in ...

. 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

government. As of 2005, running costs were shared roughly in proportion to shares held, as follows: ICAEW 52%, ACCA 17%, CIMA 15%, CIPFA 6%, ICAS 7% and ICAI 3%. On 2 March 2011, CIMA announced that it would be leaving CCAB. In the previous decade, CIMA had positioned itself as "a strong supporter and key member of CCAB". However, since the formation of the

Financial Reporting Council The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and ...

as the regulator for accounting matters, CCAB had become more focussed on audit and therefore less relevant to CIMA members.

CCAB – Ireland

In the

Republic of Ireland Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. A ...

, the Consultative Committee of Accountancy Bodies – Ireland (CCAB–I) performs similar functions. Its members are: *

(ACCA) *

(CIMA) *

Institute of Certified Public Accountants in Ireland CPA Ireland, formerly the Institute of Certified Public Accountants in Ireland, is one of the main Irish accountancy bodies, with 5,000 members and students. The CPA designation is the most commonly used designation worldwide for professional ...

(CPA)The CPA Institute
. Retrieved 22 December 2011. *

(CAI)

References

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External links

Consultative Committee of Accountancy BodiesConsultative Committee of Accountancy Bodies – IrelandAccountant vs CPA: Which To Choose For Business
Accounting organizations Accounting in the United Kingdom

Members

History

CCAB – Ireland

See also

References

External links