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ICAEW
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ICAEW (The Institute of Chartered Accountants in England and Wales) is a world leading professional membership organisation that promotes, develops and supports over 147,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.
As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. Together we contribute to the success of individuals, organisations, communities and economies around the world.
Although accountancy is hundreds of years old, it wasn’t until after the middle of the 19th century that the professional accountant became recognised. ICAEW was granted a Royal Charter by Queen Victoria in 1880, giving our members the right to use the designation ‘chartered accountant’.
History Many of the founding fathers of the ‘Big Four’ accountancy firms were early ICAEW presidents – names such as Arthur Cooper, Frederick Whinney, William Welch Deloitte and Sir William Peat.
1880 On 11 May ICAEW was granted a Royal Charter recognising its ‘pre-eminence, stability and permanence’ as well as defining its public interest remit. 1893 Chartered Accountants’ Hall, in the City of London, was completed to the design of the eminent Victorian architect, Sir John Belcher RA. 1919 Mary Harris Smith is admitted to ICAEW, becoming the first female chartered accountant in the world. 1930 The first extension to Chartered Accountant’s Hall is built by J.J. Joass. 1970 The extended and new building at Chartered Accountants’ Hall is opened by Her Majesty the Queen Elizabeth the Queen Mother. 1999 Baronness Noakes is the first woman to become president of ICAEW. 2006 ICAEW are appointed by the European Commission to study the implementation of IFRS throughout the European Union. Reference:icaew.com
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