Published each January and updated as and when needed, the ACCA Rulebook is the definitive guide to our bye-laws, regulations and Code of Ethics and Conduct.
About the ACCA Rulebook
The Rulebook is a valuable asset to our members and students, and to firms. It contains the bye-laws, regulations and the Code of Ethics and Conduct with which members are required to comply.
All new students and members are asked to sign an undertaking stipulating that they will comply with ACCA’s regulations and Code of Ethics and Conduct, which exist within ACCA’s governance framework of its Royal Charter and bye-laws.
The Rulebook is updated regularly, in line with regulatory developments and policy requirements. Bookmark or download the Rulebook and be confident you're using the latest edition and refer to the Rulebook commentary in the related documents for an overview of the main changes.
Royal Charter and Bye-laws
The Royal Charter was granted to ACCA on 25 November 1974 by Her Majesty Queen Elizabeth II, and it, together with the bye-laws, set out how ACCA governs itself, and the role played by members, including ACCA’s Council.
The regulations set out essential information for members, students and firms, including practising arrangements, and regulatory and disciplinary matters. The most relevant of these are:
Membership Regulations - these set out the obligations for membership including eligibility criteria for membership and CPD.
Global Practising Regulations (GPRs) - the GPRs set out the eligibility requirements and continuing obligations placed on practising certificate holders.
Regulatory and Disciplinary Regulations - in particular, we are referring to the Authorisation Regulations, Complaints and Disciplinary Regulations, Appeal Regulations, Interim Orders Regulations and Health Regulations.
Regulated activities such as audit, insolvency and investment business will be subject to other regulations, particularly in relation to licensing and other regulatory matters. In addition to becoming familiar with the structure and content of the Rulebook, members, firms and students are able to consult ACCA’s Technical Advisory service for clarification on any aspect of the Rulebook.
Code of Ethics and Conduct
ACCA has adopted the Code of Ethics for Professional Accountants, issued by the International Ethics Standards Board for Accountants (IESBA). However, the IESBA Code is augmented with additional requirements and guidance that are appropriate to ACCA and its members in arriving at the ACCA Code of Ethics and Conduct (CEC). The CEC is binding on all members and students of ACCA and sets out five fundamental ethical principles, and provides a framework for addressing ethical problems:
- integrity - being straightforward and honest in all professional and business relationships;
- objectivity - not allowing bias, conflicts of interest or undue influence of others to override professional or business judgements;
- professional competence and due care - to maintain professional knowledge and skill at a level required to ensure that a client or employer receives competent professional service based on current developments in practice, legislation and techniques and act diligently and in accordance with applicable technical and professional standards;
- confidentiality - to respect the confidentiality of information acquired as a result of professional and business relationships and, therefore, not disclose any such information to third parties without proper and specific authority, unless there’s a legal or professional right or duty to disclose, nor use the information for the personal advantage of the professional accountant or third parties;
- professional behaviour - to comply with relevant laws and regulations and avoid any conduct that discredits the profession.
- Current rulebook