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Abbreviation | ICAA |
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Predecessor | Australasian Corporation of Public Accountants |
Successor | Chartered Accountants Australia and New Zealand |
Formation | 19 June 1928 |
Legal status | Chartered body |
Region | Australia |
Membership | 61,000 |
Students | 12,000 |
Website | www |
The Institute of Chartered Accountants in Australia was the professional accounting body representing Chartered Accountants in Australia before it merged with the New Zealand Institute of Chartered Accountants to become Chartered Accountants Australia and New Zealand.
It had over 61,000 members and some 12,000 students. It was one of three major legally recognised Professional Accountancy bodies in Australia. The others being CPA Australia and Institute of Public Accountants.[1][2] It is a founding member of the Global Accounting Alliance (GAA).[3] Members of the Institute are part of the international accounting coalition of the world's premier accounting bodies, the GAA. Chartered Accountants audit 100 per cent of the Top ASX-listed companies in Australia.
In November 2013 Members of The Institute of Chartered Accountants in Australia and the New Zealand Institute of Chartered Accountants voted yes on a proposal to create One New Institute: "Chartered Accountants Australia and New Zealand".[4]
New Zealand Institute of Chartered Accountants and the Institute of Chartered Accountants in Australia (ICAA) amalgamated to become Chartered Accountants Australia and New Zealand.