The global body for professional accountants

ACCA's reputation rests on that of its members. This is especially true of practising members who provide professional services to the public, including accounting, auditing, investment business and insolvency services.  To protect the public interest and enhance the reputation of its members, ACCA takes its regulatory responsibilities very seriously.

With its members spread throughout the world, ACCA recognises that national systems of regulation vary significantly between countries. In some countries ACCA regulates its members directly, whereas in others, governments or national bodies manage the process. ACCA works with governments and regulators around the world, contributing to policies being developed and avoiding the duplication of effort in jurisdictions where monitoring and regulation are well established.

ACCA Regulations cover:

  • issuing licences to enable members to undertake specific types of work
  • monitoring members' compliance with rules and standards and
  • investigating complaints against members wherever they are based.

The Annual ACCA Report on Regulation 2014 summarises ACCA's efforts to ensure that all of its members, and particularly those in public practice, are regulated appropriately and effectively.  It also covers regulatory activities in respect of:

  • countries where ACCA is a statutory regulator
  • complaints resolution procedures
  • providing monitoring and other services under contract to other national bodies and regulators.

All members come within the scope of regulation and those in public practice must comply with ACCA's Global Practising Regulations (GPRs).  The regulatory processes that ACCA applies - and the regulations and standards that its members must comply with - are based on the best practice, applicable statutory requirements and the pronouncements of the International Federation of Accountants. Collectively, these form a framework for effective regulation and the protection of the public.

You can find a copy of the Report on Regulation 2014 in the Related Documents section at the bottom of this page.

Last updated: 9 Sep 2014

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