ACCA publishes annual report on regulation

The Regulatory Board keeps abreast of key developments and the impact on the ever-evolving regulatory landscape  

The ACCA Report on Regulation 2023 describes and reflects on the organisation’s regulatory activities in 2022 and its plans for 2023. The report explains how the independent Regulatory Board, which provides general oversight of ACCA’s regulatory arrangements, works with ACCA.

The Regulatory Board provides robust and independent oversight of ACCA’s regulatory arrangements and – supported by the Appointments, Qualifications and Standards Boards – plays a critical role in safeguarding the public interest and delivering public value. The majority of the Board’s members are non-accountants.

Lucy Winskell, chair of the Regulatory Board, says: ‘In these uncertain and challenging times, it is vital that the Board plays its part in ensuring ACCA’s regulatory arrangements are robust, transparent and proportionate, and in the public interest. The Board keeps abreast of key developments both in the UK and the wider global environment and the impact on the ever-evolving regulatory landscape.’

ACCA’s regulatory structures and activities are kept under review, in order to respond effectively to developments in society and the regulatory environment. ACCA’s qualifications, ethical standards, licensing, continuing professional development, monitoring and disciplinary processes are key to reassuring the public and regulators that high standards are being promoted and enforced.

Maggie McGhee, executive director strategy and governance at ACCA, said: ‘We work proactively with our lead regulators to support improvements, implementing recommendations and engaging with regulatory development to help shape regulatory policy in the public interest.’

Read ACCA’s Report on Regulation 2023 

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About ACCA: ACCA (the Association of Chartered Certified Accountants) is the global professional body for professional accountants.

We’re a thriving global community of 241,000 members and 542,000 future members based in 178 countries and regions, who work across a wide range of sectors and industries. We uphold the highest professional and ethical values.

We offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and management. Our qualifications and learning opportunities develop strategic business leaders, forward-thinking professionals with the financial, business and digital expertise essential for the creation of sustainable organisations and flourishing societies.

Since 1904, being a force for public good has been embedded in our purpose. In December 2020, we made commitments to the UN Sustainable Development Goals which we are measuring and will report on in our annual integrated report.

We believe that accountancy is a cornerstone profession of society and is vital helping economies, organisations and individuals to grow and prosper. It does this by creating robust trusted financial and business management, combating corruption, ensuring organisations are managed ethically, driving sustainability, and providing rewarding career opportunities.

And through our cutting-edge research, we lead the profession by answering today’s questions and preparing for the future. We’re a not-for-profit organisation. Find out more at