RegulationAccounting StandardsICAEW records 0.3% growth

ICAEW records 0.3% growth

ICAEW member numbers level off, while age profile increases. However it grew member numbers outside of the UK and Ireland

ICAEW member numbers in the UK and Ireland have almost levelled out over the
last year, according to the latest figures from the
Professional Oversight
Board.

Its survey, Key Facts and Trends in the Accountancy Profession, shows
domestic member numbers for the ICAEW grew by just 350 over the last 12 months,
from 110,776 in 2004 to 111,114, a growth rate of 0.3%.

ICAEW rivals
ACCA grew from 56,837 to 59,059 over the same
period, while CIMA grew from 51,386 to 53,697, growth rates of 3.9% and 4.4%
respectively.

Members outside the UK and Ireland, a key focus for the ICAEW, picked up. In
2004 the ICAEW had 15,821 members, which has grown to 16,712.

ACCA’s age profile is the youngest of the bodies, with 70% of members below
45 years old, while the ICAEW and ICAS both have around 50% over 45 years old.

The proportion of ICAEW members between 25 and 54 years old has fallen, while
the proportion aged between 55 and 64 has grown over the last five years.

The age profiles of ACCA, CIMA and ICAS have also grown over the last five
years.

The number of accounting students worldwide has grown between 2000 and 2005
by 38.4% across the CCAB bodies. The ICAEW was the only institute to see its
numbers fall, by 3% over the period to 10,406.

ACCA’s student membership climbed 49.6% between 2000 and 2005, to 260,644.

Read the report
here

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