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Institute of Chartered Accountants in Ireland
From Wikipedia, the free encyclopedia
The Institute of Chartered Accountants in Ireland is a professional accountancy body in the Republic of Ireland and Northern Ireland.
It is the sole organisation in Ireland with the right to award the Chartered Accountant designation.
Founded in 1888, the Institute remained as a single body during and after the Partition of Ireland in 1922. As of 2006, it has 13,000 members and is considered to be both a British and Irish professional body.
Members of the Institute use the designatory letters ACA. Senior members may be elected Fellows and use the designatory letters FCA.
The Institute has mutual recognition agreements in place with its peer institutes in England & Wales, Scotland, Australia, Canada, South Africa, New Zealand, Hong Kong and the United States of America. Qualifying members of the Institute may also benefit from European professional qualification directives
ICAI is a member of the Consultative Committee of Accountancy Bodies (CCAB). Members of these bodies are deemed to hold equivalent-level qualifications and advertisements for jobs often state that an organisation is looking for a CCAB-qualified individual.
Only ACCA, ICAEW, ICAI and ICAS are able to authorise members to conduct audit, insolvency and investment business work in the United Kingdom and Republic of Ireland.