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.
| Country | Institute Name | website |
|---|---|---|
| Albania | Albanian Institute of Certified Accountants | http://www.ikm-al.com/ |
| Argentina | Federacion Argentina de Consejos Profesionales de Ciencias Economicas | www.facpce.org.ar |
| Armenia | Association of Accountants and Auditors in Armenia | www.aaaa.am |
| Australia | CPA Australia | www.cpaonline.com.au |
| The Institute of Chartered Accountants in Australia | www.icaa.org.au/ | |
| National Institute of Accountants in Australia | www.nia.org.au | |
| Austria | Institut Osterreichischer | www.kwt.or.at/iwp/frame.html |
| Wirtschaftsprufer | www.kwt.or.at/ | |
| Kammer der Wirtschaftstreuhander | www.kwt.or.at/index.html | |
| Azerbaijan Republic | The Chamber of Auditors of Azerbaijan Republic | www.audit.gov.az |
| Bahamas | The Bahamas Institute of Chartered Accountants | www.bica.bs |
| Bahrain | Bahrain Accountants Associations | http://www.bahaccountants.org |
| Accounting and Auditing Organization for Islamic Financial Institutions | aaoifi.com | |
| Bangladesh | The Institute of Chartered Accountants of Bangladesh. | www.icab-bd.org |
| The Institute of Cost and Management Accountants of Bangladesh | www.icmab.org.bd | |
| Barbados | The Institute of Chartered Accountants of Barbados | www.icab.bb |
| Belgium | Institut des Experts Comptables | www.iec-iab.be/fra/ |
| Institut des Reviseurs d'Entreprises | www.ibr-ire.be | |
| Bolivia | Colegio de Auditores de Bolivia | www. auditores contadores bolivia .org/ |
| Bosnia and Herzegovina | Association of Accountants and Auditors of Republika Srpska | http://www.srrrs.org/ |
| Botswana | Botswana Institute of Accountants | www.bia.org.bw |
| Brazil | Instituto Brasileiro de Contadores | www.ibracon.com.br |
| Conselho Federal de Contabilidade | www.cfc.org.br | |
| Bulgaria | Institute of Certified Public Accountants of Bulgaria | http://www.ides.bg |
| Cameroon | The Institute of Chartered Accountants of Cameroon | http://www.onecca.cm/ |
| Canada | CMA Canada | www.cma-canada.org |
| The Canadian Institute of Chartered Accountants | www.cica.ca | |
| Certified General Accountants' Association of Canada | www.cga-canada.org/ | |
| Chile | Colegio de Contadores de Chile | www.contach.cl |
| China | The Chinese Institute of Certified Public Accountants | www.cicpa.org.cn |
| Chinese Taiwan | Federation of CPA Associations of Chinese Taiwan | www.nfcpaa.org.tw |
| Colombia | Instituto Nacional de Contadores Publicos de Colombia | www.incp.org.co |
| Costa Rica | Colegio de Contadores Publicos de Costa Rica | www.ccpa.or.cr |
| Croatia | Croatian Association of Accountants and Financial Experts | www.rif.hr |
| Cyprus | The Institute of Certified Public Accountants of Cyprus | www.icpac.org.cy |
| Czech Republic | Chamber of Auditors of the Czech Republic | www.kacr.cz |
| Union of Accountants of the Czech Republic | www.svaz-ucetnich.cz | |
| Denmark | Foreningen af Statsautoriserede Revisorer | www.fsr.dk |
| Foreningen Registrerede Revisorer FRR | www.frr.dk | |
| Dominican Republic | Instituto de Contadores Publicos Autorizados de la Republica Dominicana | www.icpard.org/ |
| Ecuador | Federacion Nacional de Contadores del Ecuador | |
| Egypt | The Egyptian Society of Accountants & Auditors | http://www.esaaegypt.com/ |
| EL Salvador | Instituto Salvadoreño de Contadores Públicos | http://iscpelsalvador.com/ |
| Estonia | Audiitorkogu (Estonian Auditing Board) | www.audiitorkogu.ee |
| Federation of Republics of Serbia and Montenegro | Serbian Association of Accountants and Auditors | www.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/ | |
| Fiji | Fiji Institute of Accountants | www.fia.org.fj |
| Finland | KHT-yhdistys-Foreningen CGR ry | www.kht.fi |
| HTM-tilintarkastajat ry | www.htm.fi | |
| France | Compagnie Nationale des Commissaires aux Comptes | www.cncc.fr |
| Ordre des Experts Comptables | www.experts-comptables.com | |
| Federation Internationale des Experts Comptables Francophones | www.fidef.org | |
| Georgia | Georgian Federation of Professional Accountants and Auditors | www.gfpaa.itic.ge |
| Germany | Institut der Wirtschaftsprufer in Deutschland e.V. | www.idw.de |
| Wirtschaftspruferkammer | www.wpk.de | |
| Ghana | The Institute of Chartered Accountants (Ghana) | www.icagh.com |
| Greece | Association of Certified Accountants and Auditors of Greece(SELE) | www.soel.gr |
| Institute of Certified Public Accountants of Greece (SOEL) | www.soel.gr | |
| Guatemala | Instituto Guatemalteco de Contadores Publicos y Auditores | igcpa.org.gt |
| Guyana | The Institute of Chartered Accountants of Guyana | www.icag.org.gy |
| Haiti | Ordre des Comptables Professionels Agrees d'Haiti | http://www.ocpah.ht/ |
| Honduras | Colegio de Peritos Mercantiles y Contadores Publicos | www.elcontador.org |
| Hong Kong | Hong Kong Society of Accountants | www.hksa.org.hk |
| Hungary | Chamber of Hungarian AuditorsChamber of Hungarian Auditors | www.mkvk.hu |
| Iceland | Felag loggiltra Endurskooenda | www.fle.is |
| India | The Institute of Chartered Accountants of India | www.icai.org |
| The Institute of Cost Accountants of India | www.icwai.org | |
| Indonesia | Indonesian Institute of Accountants | www.iaiglobal.or.id |
| Iran | The Iranian Institute of Certified Accountants | www.iranianica.com |
| Iranian Association of Certified Public Accountants | www.iacpa.ir | |
| Iraq | Iraqi Union of Accountants and Auditors | |
| Ireland | The Institute of Certified Public Accountants in Ireland | www.cpaireland.ie |
| The Institute of Chartered Accountants in Ireland | www.icai.ie | |
| The Institute of Accounting Technicians in Ireland | www.iati.ie/ | |
| Israel | Institute of Certified Public Accountants in Israel | www.icpa.org.il |
| Italy | Consiglio Nazionale del Dottori Commercialisti | www.cndc.it |
| Consiglio Nazionale del Ragionieri e Periti Commerciali | www.consrag.it | |
| Ivory Coast | Ordre des Experts Comptables et Comptables Agrees de Cote d'Ivoire | |
| Jamaica | The Institute of Chartered Accountants of Jamaica | icaj.org |
| Japan | The Japanese Institute of Certified Public Accountants | www.jicpa.or.jp |
| Jordan | Jordanian Association of Certified Public Accountants | www.ascasociety.org |
| Arab Society of Certified Accountants | www.asca society .org | |
| Kazakhstan | Chamber of Auditors of the Republic Kazakhstan | www.audit.freenet.kz |
| Kenya | Institute of Certified Public Accountants of Kenya | www.icpak.com |
| Korea | Korean Institute of Certified Public Accountants | www.kicpa.or.kr |
| Kuwait | Kuwait Association of Accountants and Auditors | http://www.kwaaa.org/ |
| Kyrgyzstan | Union of Accountants and Auditors of Kyrgyzstan | www.oba.kg |
| Latvia | Latvian Association of Certified Auditors | www.lzra.lv/en |
| Lebanon | Middle East Society of Associated Accountants | www.aldaraudit.com |
| Lebanese Association of Certified Public Accountants | ||
| Lesotho | Lesotho Institute of Accountants | www.lia.org.is |
| Liberia | The Liberian Institute of Certified Public Accountants | |
| Libya | Libyan Certified and Public Accountants Union | |
| Luxembourg | Institut des Reviseurs d'Entreprises | www.ire.lu |
| Macedonia | Association of Accountants, Financial Experts and Auditorsof the Republic of Macedonia | www.esafa.org |
| Madagascar | Ordre des Experts Comptables et Financiers et des | http://www.oecfm.org/ |
| Comptables Agrees de Madagascar | www.pafa.org.za | |
| Malawi | The Society of Accountants in Malawi | www.socam.mw |
| Malaysia | Malaysian Institute of Accountants | www.mia.org.my |
| The Malaysian Association of Certified Public Accountants | www.macpa.com.my | |
| Malta | The Malta Institute of Accountants | www.miamalta.org |
| Mexico | Instituto Mexicano de Contadores Publicos, A.C. | www.imcp.org.mx |
| Moldova | Association of Professional Accountants and Auditors of the Republic of Moldova | www.acap.ngo.moldnet.md |
| Mongolia | Mongolian Institute of Certified Public Accountants (MonICPA) | www.monicpa.mn |
| Morocco | Ordre des Experts Comptables du Royaume du Maroc (Morocco) (Certified Public Accountants Association) | www.oec maroc .com |
| Namibia | The Institute of Chartered Accountants of Namibia | http://www.icancpd.net/ |
| Nepal | The Institute of Chartered Accountants of Nepal | www.ican.org.np |
| Netherlands | Koninklijk Nederlands Instituut van Registeraccountants | www.nivra.nl |
| New Zealands | New Zealands | www.icanz.co.nz |
| Nicaragua | Colegio de Contadores Publicos de Nicaragua | www.ccpn.org.ni |
| Nigeria | The Institute of Chartered Accountants of Nigeria | www.ican-ngr.org |
| Norway | Den norske Revisorforening (DnR) | www.revisornett.no |
| Pakistan | Institute of Cost and Management Accountants of Pakistan | www.icmap.com.pk |
| The Institute of Chartered Accountants of Pakistan | www.icap.org.pk | |
| Pakistan Institute of Public Finance Accountants | pipfa.org.pk/ | |
| Panama | Colegio de Contadores Publicos Autorizados de Panama | www. colegio cpa panama .org |
| Asociacion de Mujeres Contadoras de Panama | www.amucopa.org | |
| Paraguay | Colegio de Contadores de Paraguay | www.ccpy.org.py |
| Peru | Federacion de Colegios de Contadores Publicos del Peru | www.jdccpp.com |
| Philippines | Philippine Institute of Certified Public Accountants | www.picpa.com.ph |
| Poland | National Board of Chartered Accountants Association in Poland | www.skwp.org.pl |
| National Chamber of Statutory Auditors | http://www.kibr.org.pl/ | |
| Portugal | Camara dos Revisores Oficiais de Contas | www.oroc.pt |
| Romania | Corpul Expertilor Contabili si Contabililor Autorizati din Romania | www.ceccaro.ro |
| The Chamber of Financial Auditors of Romania | www.cafr.ro | |
| Russia | The Institute of Professional Accountants of Russia | www.ipbr.ru |
| Russian Collegium of Auditors | www.rka.org.ru | |
| Saudi Arabia | Saudi Organization for Certified Public Accountants | http://www.socpa.org.sa |
| Sierra leone | The Institute of Chartered Accountants of Sierra Leone | icasl@securicom.sl.com |
| Singapore | Institute of Certified Public Accountants of Singapore | www.accountants.org.sg |
| Slovakia | Slovenska Komora Auditorov | www.skau.sk |
| Slovenia | The Slovenian Institute of Auditors | www.si-revizija.si |
| South Africa | The South African Institute of Chartered Accountants | www.saica.co.za |
| The South African Institute of Professional Accountants | www.saipa.co.za | |
| Spain | Instituto de Auditores-Censores Jurados de Cuentas de Espana | www.iacjce.es |
| Sri Lanka | The Institute of Chartered Accountants of Sri lanka | www.icasrilanka.com |
| Association of Accounting Technicians of Sri Lanka | www. aat sl.lk | |
| Swaziland | Swaziland Institute of Accountants | http://www.sia.org.sz |
| Sweden | Foreningen Auktoriserade Revisorer | www.far.se |
| Svenska Revisorsamfundet SRS | www.revisorsamfundet.se | |
| Switzerland | Treuhand-Kammer -Swiss Institute of Certified Accountantsand Tax Consultants | www.treuhand-kammer.ch |
| Syria | Association of Syrian Certified Accountants | |
| Tanzania | Tanzania Association of Accountants | www.taa.or.tz |
| National Board of Accountants and Auditors (NBAA) Tanzania | www.nbaa-tz.org/ | |
| Thailand | The Institute of Certified Accountants and Auditors of Thailand | en.fap.or.th |
| Trinidad and Tobago | The Institute of Chartered Accountants of Trinidad & Tobago | icatt.org |
| Tunisia | Ordre des Experts Comptables de Tunisie | www.oect.org.tn |
| Turkey | Expert Accountants'Association of Turkey | www.tmud.org.tr |
| Union of Chambers of Certified Public Accountants of Turkey | www.turmob.org.tr | |
| Ukraine | Ukrainian Federation of Professional Accountants and Auditors | ufpaa.org |
| Uganda | Institute of Certified Public Accountants of Uganda | https://www.i cpa u.co.ug |
| United Kingdom | The Chartered Institute of Management Accountants | www.cimaglobal.com |
| The Institute of Chartered Accountants in England & Wales | www.icaew.co.uk | |
| The Chartered Institute of Public Finance and Accountancy | www.cipfa.org.uk | |
| The Association of Chartered Certified Accountants | www.accaglobal.com | |
| The Institute of Chartered Accountants of Scotland | www.icas.org.uk | |
| Association of Accounting Technicians | www.aat.co.uk | |
| United States | Institute of Management Accountants | www.imanet.org |
| American Institute of Certified Public Accountants | www.aicpa.org | |
| National Association of State Boards of Accountanc | www.nasba.org | |
| Information Systems Audit & Control Association | www.isaca.org | |
| The Institute of Internal Auditors | www.theiia.org | |
| Uruguay | Colegio de Contadores y Economistas del Uruguay | www.ccea.com.uy |
| Uzbekistan | National Association of professional Accountants and Auditors of Uzbekistan | http://naaa.uz/en/ |
| Venezuela | Federacion de Colegios de Contadores Publicos de Venezuela | www.fccpv.org |
| Vietnam | Vietnam Accounting Association | vaavietnam@gmail.com |
| Yugoslavia | The Association of Accountants and Auditors of the FR of Yugoslavia | www.srrs.org.yu |
| Zambia | Zambia Institute of Chartered Public Accountants | www.zica.co.zm |
| Zimbabwe | The Institute of Chartered Accountants of Zimbabwe | www.icaz.org.zw |
Hope You liked the article. Please comment for your queries on accountancy profession.
Hey readers, welcome to my blog investsaver.com. I am Chartered Accountant by Profession and I love to write on tax & money matters. You may ask your queries through comments related to the topic, I will be happy to answer them.
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