This is a list of the various professional bodies and organisations that seek to provide regulation and oversight over individuals and firms operating in the accountancy industry.
Accounting standard-setting bodies
Accounting standard setting bodies are national or international organisations that have been delegated responsibility for setting Generally Accepted Accounting Principles by statute in a country or jurisdiction.
- International
- The International Accounting Standards Board issues IFRS
- The International Federation of Accountants (with its International Public Sector Accounting Standards Board - IPSASB) issues IPSAS for Government/Public entities accounting.
- The IFRS Foundation
- Albania
- Albanian National Accounting Council
- Australia
- Bhutan
- Accounting and Auditing Standard Board of Bhutan
- Botswana
- Botswana Institute of Chartered Accountants
- Canada
- CICA's Accounting Standards Board "AcSB"[1]
- France
- Germany
- Accounting Standards Committee of Germany (ASCG, in German: DRSC)[4]
- India
- National Advisory Committee on Accounting Standards (NACAS) with the aide and advice of Institute of Chartered Accountants of India and Institute of Cost Accountants of India
Getting replaced soon by NFRA in the Company Bill 2012.
- Iran
- Accounting Standards Board[5]
- Malaysia
- Malaysian Accounting Standards Board[6]
- Malta
- Maltese Accountancy Board[7]
- New Zealand
- Nigeria
- Institution of Chartered Accountants of Nigeria (ICAN)
- Association of National Accountants of Nigeria (ANAN)
- Pakistan
- The Institute of Certified General Accountants (CGA-Pakistan)
- Philippines
- Saudi Arabia
- Saudi Organization for Certified Public Accountants (SOCPA)[11]
- South Africa
- United Kingdom and Ireland
- United States
- National Association of State Boards of Accountancy (NASBA)
- Financial Accounting Standards Board (FASB)
- AICPA Accounting Principles Board (APB)
- Governmental Accounting Standards Board (GASB)
- Federal Accounting Standards Advisory Board (FASAB)
Professional bodies
Professional bodies represent the interests of their members by lobbying governments, and provide the framework for self-regulation where this is permitted by statute. Professional bodies are also responsible for administering training and examinations for students and members.
The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the field of taxation, forensic auditing and systems auditing. These bodies include:
- The Association of Certified Public Accountants (ICPAGLOBAL)
- The Institute of Certified Public Accountants (CPA India)
- Institute of Chartered Tax Practitioners India (ICTPI)
- Association of Chartered Certified Accountants (ACCA)
- American Institute of Certified Public Accountants (AICPA)
- Association of Accountancy Bodies in West Africa (ABWA)
- Association of Accounting Technicians (AAT)
- Institute of Chartered Accountants Ghana (ICAG)
- Institute of Certified Public Accountants of Kenya[12]
- Association of International Accountants (AIA)
- Association of National Accountants of Nigeria (ANAN)
- Botswana Institute of Chartered Accountants (BICA)
- Chartered Accountants Australia and New Zealand (CAANZ)
- Chartered Institute of Management Accountants (CIMA)
- Chartered Institute of Public Finance and Accountancy (CIPFA)
- Chartered Professional Accountants Canada] (CPA Canada)
- CPA Australia
- Florida Institute of CPAs
- Hong Kong Institute of Certified Public Accountants
- Institute of Chartered Accountants in England and Wales (ICAEW)
- Institute of Certified Public Accountants in Ireland (CPA)
- Chartered Accountants Ireland (CAI)
- Institute of Cost Accountants of India (ICMAI)
- Institute of Chartered Accountants of India (ICAI)
- Institute of Cost and Management Accountants of Bangladesh (ICMAB)
- Institute of Chartered Accountants of Nigeria (ICAN)
- Institute of Chartered Accountants of Pakistan (ICAP)[13]
- Institute of Cost and Management Accountants of Pakistan (ICMAP)[14]
- Institute of Chartered Accountants of Bangladesh (ICAB)
- Institute of Chartered Accountants of Scotland (ICAS)
- Institute of Chartered Accountants of Sri Lanka (ICASL)
- Institute of Chartered Accountants of Zimbabwe (ICAZ)
- Institute of Financial Accountants (IFA)
- Institute of Management Accountants (IMA)
- Institute of Public Accountants (IPA)
- Institute of Singapore Chartered Accountants (ISCA)[15]
- Malaysian Institute of Accountants
- Ordre des Experts Comptables de Tunisie[16]
- Philippine Institute of Certified Public Accountants
- South African Institute of Chartered Accountants (SAICA)
- South African Institute of Professional Accountants (SAIPA)
- Chartered Institute for Business Accountants (CIBA)
- United Arab Emirates Chartered Accountants (UAECA)
- The Institute of Certified Public Accountants of Indonesia (IAPI)
Oversight boards
Following the Enron scandal some countries removed or limited auditors' rights to self-regulation and set up independent, not-for-profit organisations to regulate the conduct of auditors. (In the EU it is compulsory to have a dedicated supervisory authority, cf. 8th European Directive).
- International
- The Public Interest Oversight Board provides oversight of the standards-setting bodies within the International Federation of Accountants
- France
- Haut Conseil du Commissariat aux Comptes (HCCC)
- Germany
- German Auditor Oversight Commission (in German: APAK)[17]
- Ireland
- Irish Auditing and Accounting Supervisory Authority
- United Kingdom
- Professional Oversight Team (Financial Reporting Council)
- United States
Auditing standards-setting bodies
Pronouncements by the International Auditing and Assurance Standards Board (IAASB) govern audit, review and other assurance services conducted in accordance with international standards.[18] Most countries that have adopted the International Standards on Auditing (ISAs) still retain the national auditing standards setting body to enact the international standards in their country.
- International
- International Auditing and Assurance Standards Board[19] (IAASB) of the International Federation of Accountants (IFAC).
- Forensic Auditors Certification Board (FACB)[20]
- INTOSAI for Government auditing by Supreme Audit Institutions (SAI)
- Australia
- Canada
- Canadian Auditing and Assurance Standards Board
- France
- Compagnie nationale des commissaires aux comptes (CNCC)[21]
- Ordre des Experts-Comptables (OEC)[22]
- Institut Francais des Auditeurs et Controleurs Internes (IFACI)[23] (Unregulated Internal Auditing Guidelines)
- Hong Kong
- India
National accounting standard setting board. NACAS.
- Malaysia
- Nepal
- Philippines
- Auditing and Assurance Standards Council (AASC)[10]
- South Africa
- United Kingdom and Ireland
- United States
- Public Company Accounting Oversight Board - public companies
- American Institute of Certified Public Accountants - general
- Government Accountability Office - recipients of federal grants and government organizations
- Institute of Internal Auditors (IIA) (Unregulated Internal Auditing Guidelines)
- Information Systems Audit and Control Association (ISACA) (Unregulated Information System Internal Auditing Guidelines)
See also
References
- ↑ "Welcome to the Financial Reporting & Assurance Standards Canada website - Financial Reporting and Assurance Standards Canada". Acsbcanada.org. Retrieved 20 August 2017.
- ↑ "MINEFE - Directions et services - le Conseil national de la comptabilité". Archived from the original on 2009-05-04. Retrieved 2010-04-22.
- ↑ "Accueil". Anc.gouv.fr. Retrieved 20 August 2017.
- ↑ "DRSC – Deutsches Rechnungslegungs Standards Committee e.V." DRSC e.V. Retrieved 20 August 2017.
- ↑ "Accounting Standards Board - Welcome". Archived from the original on 2007-09-28. Retrieved 2010-04-23.
- ↑ Archived 2008-06-04 at the Wayback Machine
- ↑ "Ministry of Finance - Accountancy Board". Archived from the original on 2007-07-22. Retrieved 2008-05-25.
- ↑ "asrb.co.nz". Asrb.co.nz. Retrieved 20 August 2017.
- ↑ "IFRS - Philippines". www.ifrs.org. Retrieved 2018-11-23.
- 1 2 "Professional Regulatory Board of Accountancy - Republic Act 9298 Implementing Rules and Regulations" (PDF).
- ↑ "SOCPA". Archived from the original on 2012-09-10. Retrieved 2008-11-23.
- ↑ "ICPAK | Credibility | Professionalism | AccountAbility. The Institute of Certified Public Accountants of Kenya (ICPAK)". Retrieved 2022-12-31.
- ↑ "The Institute of Chartered Accountants of Pakistan". Icap.org.pk. Retrieved 20 August 2017.
- ↑ "Welcome to Institute of Cost and Management : ICMAP". ICMA Pakistan. Retrieved 20 August 2017.
- ↑ "Homepage - ISCA". Archived from the original on 2013-07-16. Retrieved 2013-07-19.
- ↑ Archived 2008-05-26 at the Wayback Machine
- ↑ "Apak - Aoc". www.apak-aoc.de. Archived from the original on 14 July 2006. Retrieved 14 January 2022.
- ↑ "Preface to International Standards on Auditing" (PDF). 2006. Retrieved 2008-05-24.
- ↑ "Auditing & Assurance - IFAC". Ifac.org. Retrieved 20 August 2017.
- ↑ Archived 2016-03-14 at the Wayback Machine
- ↑ "CNCC - Compagnie Nationale des Commissaires aux Comptes". Cncc.fr. Retrieved 20 August 2017.
- ↑ "Ordre des Experts-Comptables - Conseil supérieur de l'Ordre des experts-comptables". Experts-comptables.fr. Retrieved 20 August 2017.
- ↑ illisite. "Ifaci -". Ifaci.com. Retrieved 20 August 2017.
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