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Accountancy Profession around the world: A list

Accountancy is nothing but the profession or duties of an accountant. The duties of an accountant are set by the professional body under which they work. For Example a cost accountant is governed by the professional body “Institute of Cost Accountant of India”. So these bodies set the guidelines for their accountants.

Each country has its own accounting body. These bodies are registered with international federation of accountants, which is a global organization of accountancy profession. It has more than 175 members and associates in more than 130 countries.

The organization supports the harmonizing of practices of accounting all over the word. For that reason different boards are established to set common standards.

  • International Auditing and Assurance Standards Board (Develops international Standards on Auditing)
  • International Ethics Standards Board for Accountants (Develop code of Ethics for professional accountant)
  • International Public Sector Accounting Standards Board
  • International Accounting Education Standards Board (Develops uniform guidelines for education & training )
  • International Accounting Standard Board (Issues IFRS)

The UK and US has the world’s largest accounting professionals, which is then followed by Brazil and India. In India there are two accounting bodies the Institute of Chartered Accountants of India (ICAI) and the Institute of Cost and Works Accountants of India (ICWAI or ICMAI). They have more than 3 Lac members.

More than 80% of the people working as an accountant do not hold any professional qualifications. They work as junior accountants under the guidance of professional accountants.

Many times the word “accountancy” and “accounting” are used interchangeably. However the two words are different. Accounting is the process of doing accounting.

Read here the full meaning of accounting and its concept.

I am presenting here the list of accounting bodies around the word.

CountryInstitute Namewebsite
AlbaniaAlbanian Institute of Certified Accountantshttp://www.ikm-al.com/
ArgentinaFederacion Argentina de Consejos Profesionales de Ciencias Economicaswww.facpce.org.ar
ArmeniaAssociation of Accountants and Auditors in Armeniawww.aaaa.am
AustraliaCPA Australia www.cpaonline.com.au
The Institute of Chartered Accountants in Australiawww.icaa.org.au/
National Institute of Accountants in Australiawww.nia.org.au
AustriaInstitut Osterreichischerwww.kwt.or.at/iwp/frame.html
Wirtschaftspruferwww.kwt.or.at/
Kammer der Wirtschaftstreuhanderwww.kwt.or.at/index.html
Azerbaijan RepublicThe Chamber of Auditors of Azerbaijan Republicwww.audit.gov.az
BahamasThe Bahamas Institute of Chartered Accountantswww.bica.bs
BahrainBahrain Accountants Associationshttp://www.bahaccountants.org
Accounting and Auditing Organization for Islamic Financial Institutionsaaoifi.com
BangladeshThe Institute of Chartered Accountants of Bangladesh.www.icab-bd.org
The Institute of Cost and Management Accountants of Bangladeshwww.icmab.org.bd
BarbadosThe Institute of Chartered Accountants of Barbadoswww.icab.bb
BelgiumInstitut des Experts Comptables www.iec-iab.be/fra/
Institut des Reviseurs d'Entrepriseswww.ibr-ire.be
BoliviaColegio de Auditores de Boliviawww. auditores contadores bolivia .org/
Bosnia and HerzegovinaAssociation of Accountants and Auditors of Republika Srpskahttp://www.srrrs.org/
BotswanaBotswana Institute of Accountantswww.bia.org.bw
BrazilInstituto Brasileiro de Contadoreswww.ibracon.com.br
Conselho Federal de Contabilidadewww.cfc.org.br
BulgariaInstitute of Certified Public Accountants of Bulgariahttp://www.ides.bg
CameroonThe Institute of Chartered Accountants of Cameroonhttp://www.onecca.cm/
CanadaCMA Canadawww.cma-canada.org
The Canadian Institute of Chartered Accountants www.cica.ca
Certified General Accountants' Association of Canadawww.cga-canada.org/
ChileColegio de Contadores de Chilewww.contach.cl
ChinaThe Chinese Institute of Certified Public Accountantswww.cicpa.org.cn
Chinese TaiwanFederation of CPA Associations of Chinese Taiwanwww.nfcpaa.org.tw
ColombiaInstituto Nacional de Contadores Publicos de Colombiawww.incp.org.co
Costa RicaColegio de Contadores Publicos de Costa Ricawww.ccpa.or.cr
CroatiaCroatian Association of Accountants and Financial Expertswww.rif.hr
CyprusThe Institute of Certified Public Accountants of Cypruswww.icpac.org.cy
Czech RepublicChamber of Auditors of the Czech Republicwww.kacr.cz
Union of Accountants of the Czech Republicwww.svaz-ucetnich.cz
DenmarkForeningen af Statsautoriserede Revisorerwww.fsr.dk
Foreningen Registrerede Revisorer FRRwww.frr.dk
Dominican RepublicInstituto de Contadores Publicos Autorizados de la Republica Dominicanawww.icpard.org/
EcuadorFederacion Nacional de Contadores del Ecuador
EgyptThe Egyptian Society of Accountants & Auditorshttp://www.esaaegypt.com/
EL SalvadorInstituto Salvadoreño de Contadores Públicoshttp://iscpelsalvador.com/
EstoniaAudiitorkogu (Estonian Auditing Board)www.audiitorkogu.ee
Federation of Republics of Serbia and MontenegroSerbian Association of Accountants and Auditorswww.srrs.org.yu
Institute of Accountants and Auditors of Montenegro www.irrcg.cg.yu
Society of Certified Accountants and Auditors of Kosovo (SCAAK)www. scaak .org/
FijiFiji Institute of Accountantswww.fia.org.fj
FinlandKHT-yhdistys-Foreningen CGR rywww.kht.fi
HTM-tilintarkastajat rywww.htm.fi
FranceCompagnie Nationale des Commissaires aux Compteswww.cncc.fr
Ordre des Experts Comptableswww.experts-comptables.com
Federation Internationale des Experts Comptables Francophoneswww.fidef.org
GeorgiaGeorgian Federation of Professional Accountants and Auditorswww.gfpaa.itic.ge
GermanyInstitut der Wirtschaftsprufer in Deutschland e.V.www.idw.de
Wirtschaftspruferkammerwww.wpk.de
GhanaThe Institute of Chartered Accountants (Ghana)www.icagh.com
GreeceAssociation of Certified Accountants and Auditors of Greece(SELE)www.soel.gr
Institute of Certified Public Accountants of Greece (SOEL)www.soel.gr
GuatemalaInstituto Guatemalteco de Contadores Publicos y Auditoresigcpa.org.gt
GuyanaThe Institute of Chartered Accountants of Guyanawww.icag.org.gy
HaitiOrdre des Comptables Professionels Agrees d'Haitihttp://www.ocpah.ht/
HondurasColegio de Peritos Mercantiles y Contadores Publicoswww.elcontador.org
Hong KongHong Kong Society of Accountantswww.hksa.org.hk
HungaryChamber of Hungarian AuditorsChamber of Hungarian Auditorswww.mkvk.hu
IcelandFelag loggiltra Endurskooendawww.fle.is
IndiaThe Institute of Chartered Accountants of Indiawww.icai.org
The Institute of Cost Accountants of Indiawww.icwai.org
IndonesiaIndonesian Institute of Accountantswww.iaiglobal.or.id
IranThe Iranian Institute of Certified Accountantswww.iranianica.com
Iranian Association of Certified Public Accountantswww.iacpa.ir
IraqIraqi Union of Accountants and Auditors
IrelandThe Institute of Certified Public Accountants in Irelandwww.cpaireland.ie
The Institute of Chartered Accountants in Irelandwww.icai.ie
The Institute of Accounting Technicians in Irelandwww.iati.ie/
IsraelInstitute of Certified Public Accountants in Israelwww.icpa.org.il
ItalyConsiglio Nazionale del Dottori Commercialistiwww.cndc.it
Consiglio Nazionale del Ragionieri e Periti Commercialiwww.consrag.it
Ivory CoastOrdre des Experts Comptables et Comptables Agrees de Cote d'Ivoire
JamaicaThe Institute of Chartered Accountants of Jamaicaicaj.org
JapanThe Japanese Institute of Certified Public Accountantswww.jicpa.or.jp
JordanJordanian Association of Certified Public Accountantswww.ascasociety.org
Arab Society of Certified Accountantswww.asca society .org
KazakhstanChamber of Auditors of the Republic Kazakhstanwww.audit.freenet.kz
KenyaInstitute of Certified Public Accountants of Kenyawww.icpak.com
KoreaKorean Institute of Certified Public Accountantswww.kicpa.or.kr
KuwaitKuwait Association of Accountants and Auditorshttp://www.kwaaa.org/
KyrgyzstanUnion of Accountants and Auditors of Kyrgyzstanwww.oba.kg
LatviaLatvian Association of Certified Auditorswww.lzra.lv/en
LebanonMiddle East Society of Associated Accountantswww.aldaraudit.com
Lebanese Association of Certified Public Accountants
LesothoLesotho Institute of Accountantswww.lia.org.is
LiberiaThe Liberian Institute of Certified Public Accountants
LibyaLibyan Certified and Public Accountants Union
LuxembourgInstitut des Reviseurs d'Entrepriseswww.ire.lu
MacedoniaAssociation of Accountants, Financial Experts and Auditorsof the Republic of Macedoniawww.esafa.org
MadagascarOrdre des Experts Comptables et Financiers et deshttp://www.oecfm.org/
Comptables Agrees de Madagascarwww.pafa.org.za
MalawiThe Society of Accountants in Malawiwww.socam.mw
MalaysiaMalaysian Institute of Accountantswww.mia.org.my
The Malaysian Association of Certified Public Accountantswww.macpa.com.my
MaltaThe Malta Institute of Accountantswww.miamalta.org
MexicoInstituto Mexicano de Contadores Publicos, A.C.www.imcp.org.mx
MoldovaAssociation of Professional Accountants and Auditors of the Republic of Moldovawww.acap.ngo.moldnet.md
MongoliaMongolian Institute of Certified Public Accountants (MonICPA)www.monicpa.mn
MoroccoOrdre des Experts Comptables du Royaume du Maroc (Morocco) (Certified Public Accountants Association)www.oec maroc .com
NamibiaThe Institute of Chartered Accountants of Namibiahttp://www.icancpd.net/
NepalThe Institute of Chartered Accountants of Nepalwww.ican.org.np
NetherlandsKoninklijk Nederlands Instituut van Registeraccountantswww.nivra.nl
New ZealandsNew Zealandswww.icanz.co.nz
NicaraguaColegio de Contadores Publicos de Nicaraguawww.ccpn.org.ni
NigeriaThe Institute of Chartered Accountants of Nigeriawww.ican-ngr.org
NorwayDen norske Revisorforening (DnR)www.revisornett.no
PakistanInstitute of Cost and Management Accountants of Pakistanwww.icmap.com.pk
The Institute of Chartered Accountants of Pakistanwww.icap.org.pk
Pakistan Institute of Public Finance Accountantspipfa.org.pk/
PanamaColegio de Contadores Publicos Autorizados de Panamawww. colegio cpa panama .org
Asociacion de Mujeres Contadoras de Panamawww.amucopa.org
ParaguayColegio de Contadores de Paraguaywww.ccpy.org.py
PeruFederacion de Colegios de Contadores Publicos del Peruwww.jdccpp.com
PhilippinesPhilippine Institute of Certified Public Accountantswww.picpa.com.ph
PolandNational Board of Chartered Accountants Association in Polandwww.skwp.org.pl
National Chamber of Statutory Auditorshttp://www.kibr.org.pl/
PortugalCamara dos Revisores Oficiais de Contaswww.oroc.pt
RomaniaCorpul Expertilor Contabili si Contabililor Autorizati din Romania www.ceccaro.ro
The Chamber of Financial Auditors of Romaniawww.cafr.ro
RussiaThe Institute of Professional Accountants of Russiawww.ipbr.ru
Russian Collegium of Auditorswww.rka.org.ru
Saudi ArabiaSaudi Organization for Certified Public Accountantshttp://www.socpa.org.sa
Sierra leoneThe Institute of Chartered Accountants of Sierra Leoneicasl@securicom.sl.com
SingaporeInstitute of Certified Public Accountants of Singaporewww.accountants.org.sg
SlovakiaSlovenska Komora Auditorovwww.skau.sk
SloveniaThe Slovenian Institute of Auditorswww.si-revizija.si
South AfricaThe South African Institute of Chartered Accountantswww.saica.co.za
The South African Institute of Professional Accountantswww.saipa.co.za
SpainInstituto de Auditores-Censores Jurados de Cuentas de Espanawww.iacjce.es
Sri LankaThe Institute of Chartered Accountants of Sri lankawww.icasrilanka.com
Association of Accounting Technicians of Sri Lankawww. aat sl.lk
SwazilandSwaziland Institute of Accountantshttp://www.sia.org.sz
SwedenForeningen Auktoriserade Revisorerwww.far.se
Svenska Revisorsamfundet SRSwww.revisorsamfundet.se
SwitzerlandTreuhand-Kammer -Swiss Institute of Certified Accountantsand Tax Consultantswww.treuhand-kammer.ch
SyriaAssociation of Syrian Certified Accountants
TanzaniaTanzania Association of Accountantswww.taa.or.tz
National Board of Accountants and Auditors (NBAA) Tanzaniawww.nbaa-tz.org/
ThailandThe Institute of Certified Accountants and Auditors of Thailanden.fap.or.th
Trinidad and TobagoThe Institute of Chartered Accountants of Trinidad & Tobagoicatt.org
TunisiaOrdre des Experts Comptables de Tunisiewww.oect.org.tn
TurkeyExpert Accountants'Association of Turkeywww.tmud.org.tr
Union of Chambers of Certified Public Accountants of Turkeywww.turmob.org.tr
UkraineUkrainian Federation of Professional Accountants and Auditorsufpaa.org
UgandaInstitute of Certified Public Accountants of Ugandahttps://www.i cpa u.co.ug
United KingdomThe Chartered Institute of Management Accountantswww.cimaglobal.com
The Institute of Chartered Accountants in England & Waleswww.icaew.co.uk
The Chartered Institute of Public Finance and Accountancywww.cipfa.org.uk
The Association of Chartered Certified Accountantswww.accaglobal.com
The Institute of Chartered Accountants of Scotlandwww.icas.org.uk
Association of Accounting Technicianswww.aat.co.uk
United StatesInstitute of Management Accountantswww.imanet.org
American Institute of Certified Public Accountantswww.aicpa.org
National Association of State Boards of Accountancwww.nasba.org
Information Systems Audit & Control Associationwww.isaca.org
The Institute of Internal Auditorswww.theiia.org
UruguayColegio de Contadores y Economistas del Uruguaywww.ccea.com.uy
UzbekistanNational Association of professional Accountants and Auditors of Uzbekistanhttp://naaa.uz/en/
VenezuelaFederacion de Colegios de Contadores Publicos de  Venezuelawww.fccpv.org
VietnamVietnam Accounting Associationvaavietnam@gmail.com
YugoslaviaThe Association of Accountants and Auditors of the FR of Yugoslaviawww.srrs.org.yu
ZambiaZambia Institute of Chartered Public Accountantswww.zica.co.zm
ZimbabweThe Institute of Chartered Accountants of Zimbabwewww.icaz.org.zw

Hope You liked the article. Please comment for your queries on accountancy profession.

CA Harish Negi
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