This article’s factual accuracy may be compromised due to out-of-date information. Please update this article to reflect acca affiliates events or newly available information. The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.
Chartered Certified Accountant’ is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections. British professional bodies for public accountants, has been a subsidiary of ACCA since 1996. ACCA works in the public interest, assuring that its members are appropriately regulated. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence. 1909: Ethel Ayres Purdie is elected as the first female associate member of an accounting professional body.
1930: London Association of Accountants successfully campaigned for the right to audit companies. 1933: London Association of Accountants renamed to London Association of Certified Accountants. London Association of Certified Accountants to become the Association of Certified and Corporate Accountants. Association of Certified and Corporate Accountants. 1971: Association of Certified and Corporate Accountants renamed Association of Certified Accountants. 1974: Royal Charter granted by Queen Elizabeth II. 1984: Association of Certified Accountants renamed to Chartered Association of Certified Accountants.
1995: ACCA members voted at an extraordinary general meeting to rename itself Association of Chartered Public Accountants and to introduce the designation Chartered Public Accountant. The Privy Council subsequently rejected this proposal over concerns about the term ‘public’. It did however agree that any accountancy body bearing a royal charter could use ‘chartered’ as part of its designation. 1996: Chartered Association of Certified Accountants renamed to Association of Chartered Certified Accountants. 1998: ACCA’s syllabus formed the basis of the United Nations’ global accountancy curriculum titled Guideline on National Requirements for the Qualification of Professional Accountants, published in 1999.