History Of Acca

ACCA can trace its history back to 1904 when eightChartered Association of Certified Accountants
people formed the London Association of* 1995 : ACCA members vote at an extraordinary
Accountants. This was done in order to allow moregeneral meeting to amend the name of the body to
open access to the profession than was availablethe Association of Chartered Public Accountants and
through the existing accounting bodies at the time,to introduce the designation Chartered Public
notably the Institute of Chartered Accountants inAccountant. The Privy Council subsequently rejected
England and Wales and the Institute of Charteredthis proposal as it was concerned about the inclusion
Accountants of Scotland. As of 2006, the goal ofof the term public. It did however agree that any
ACCA is to become the world's leading globalaccountancy body that had a royal charter could be
professional body by size. granted the right to use chartered as part of the
A timeline of key dates in the history of ACCA and itsmembers' designation.
predecessor bodies is: * 1996 : Chartered Association of Certified
* 1930 : London Association of AccountantsAccountants renamed Association of Chartered
successfully campaigns for the right to auditCertified Accountants. Members become entitled to
companiesuse the title Chartered Certified Accountant
* 1933 : London Association of Accountants renamed(Designatory letters ACCA or FCCA). The
London Association of Certified AccountantsAssociation of Authorised Public Accountants
* 1939 : Corporation of Accountants (Scottish body,becomes a subsidiary of ACCA.
founded 1891) merges with London Association of* 1998 : ACCA's syllabus formed the basis of the
Certified Accountants to become the Association ofUnited Nations' global accountancy curriculum titled
Certified and Corporate AccountantsGuideline on National Requirements for the Qualification
* 1941 : Institution of Certified Public Accountantsof Professional Accountants published in 1999. ACCA
(founded 1903, and incorporating the Centralwas a participant in the consultative group, which
Association of Accountants from 1933) merges withdevised this global Benchmark, and reference to
Association of Certified and Corporate AccountantsACCA's role is included throughout the publication.
* 1971 : Association of Certified and Corporate* 2001 : ACCA received a Queens Award for
Accountants renamed Association of CertifiedEnterprise in International Trade, recognising the growth
Accountantsof ACCA and its role in160 countries worldwide.
* 1974 : Royal Charter received from Her Majesty the* 2002 : ACCA received its second Queens Award
Queen.for Enterprise in the space of 12 months, honouring its
* 1974 : ACCA becomes one of the six foundingcontinuing work on social and environmental issues
members of the Consultative Committee ofwith the confirmation of the Queens Award for
Accountancy Bodies (CCAB).Enterprise in the Sustainable Development category.
* 1977 : ACCA becomes a founding member of theACCA's first Queens Award, for Export Achievement,
International Federation of Accountants (IFAC).was presented in 1996.
* 1984 : Association of Certified Accountants renamed