ACCA professional accountants have achieved a qualification which comprises knowledge, work experience and ethics orientation. As members of ACCA, they are required to maintain their skills and knowledge annually through continuing professional development, and make an annual statement to ACCA that they have completed this requirement and ensure they are aware of developments in ethical practices.
Additionally, members of the public can be reassured that ACCA has a modern and effective approach to regulation and discipline of members who do not comply with the provisions of the ACCA Rulebook, or whose quality of work is not in keeping with the standards required. All these provisions provide the public with confidence in the quality of service they will receive from professional accountants.
In the UK and Ireland, please look for the ‘ACCA registered firm’ logo, which is a sign that ACCA regulates the standards of the firm. In the UK and Ireland, all ACCA registered firms are required to maintain professional indemnity insurance and ensure they have succession planning arrangements in place, in the interest of business continuity for all clients.