ACCA publishes annual report on regulation .

The Regulatory Board provides robust and independent oversight with its annual review describing and reflecting on ACCA’s regulatory activities during 2024 and its plans for 2025

The ACCA Report on regulation 2025 describes the key work of the Regulatory Board – supported by the Appointments, Qualifications and Standards Boards – in overseeing ACCA’s regulatory arrangements.  

In its annual report the Board says the ongoing geopolitical factors in various parts of the world continue to provide uncertainty with a consequential impact on the regulatory landscape. Given this environment, the Board says it is mindful of its significant role in ensuring ACCA’s regulatory arrangements remain robust, transparent and proportionate and in the public interest. The Board has a substantial level of lay involvement which is a real differentiator and strength, ensuring ACCA’s public interest oversight arrangements are impartial, safeguard the public interest and deliver public value. 

Lucy Winskell, Chair of the Regulatory Board, said: ‘This year, the Board has paid particular attention to the ongoing proposals regarding UK audit and corporate governance reform, scrutinising changes arising due to implementation of sustainability assurance reporting and evaluating the implementation of ACCA’s Digital Transformation programme where those changes could impact ACCA’s regulatory arrangements to ensure they remain robust.’ 

The Board undertook a review of its effectiveness at the end of 2024. It discussed the key outcomes of the effectiveness review at its meeting in February 2025. Examples include undertaking more horizon scanning work and linking this to risk and further improvements to the papers that the Board receives at its meetings. These will enable the Board to work more effectively and efficiently in carrying out its public interest remit. 

The Board also received a presentation on the future Strategy, an update on employer perceptions as ACCA enters its new strategy as well as ACCA’s reflections on its Strategy to 2025. 

Maggie McGhee, executive director strategy and governance at ACCA, said: ‘ACCA’s world is changing at a fast pace but it has always thrived by embracing challenges and turning them into possibilities. ACCA’s purpose states that we are a force for public good. We lead the global accountancy profession by creating opportunity.  

‘Our purpose and our values of inclusion, integrity and innovation reinforce everything we stand for: who we are, how we act, and why we exist in today’s world. Strong and effective governance is the foundation on which our public value remit is built. 

Read ACCA’s Report on regulation 2025 

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About ACCA

We are ACCA (the Association of Chartered Certified Accountants), a globally recognised professional accountancy body providing qualifications and advancing standards in accountancy worldwide.
Founded in 1904 to widen access to the accountancy profession, we’ve long championed inclusion and today proudly support a diverse community of over 252,500 members and 526,000 future members in 180 countries. 
Our forward-looking qualifications, continuous learning and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies. 
Guided by our purpose and values, our ambition is to lead the accountancy profession for a changed world. Partnering with policymakers, standard setters, the donor community, educators and other accountancy bodies, we’re strengthening and building a profession that drives a sustainable future for all. 

Find out more at: www.accaglobal.com