ACCAs win chartered status
ACCA members have won the right to call themselves ‘chartered’ after the Privy Council confirmed a decision made at the association’s agm in May. From 1 January, members will become chartered certified accountants, reflecting ACCA’s Royal Charter and bringing the association into line with the UK’s other accountancy bodies.
The English ICA’s chief executive, Andrew Colquhoun, claimed the name change would cause public confusion, but ACCA president Peter Langard insisted the chartered label would benefit everyone. He said: ‘The decision will ensure the public has a ready means of distinguishing accountants who are professionally qualified and properly regulated from those who have lesser or no qualifications and are not properly regulated.’
