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

Related Articles

The great professional services shake-up

Accounting Standards The great professional services shake-up

6d Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

2m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

2m Alison Conley
Flag It Up! How accountants can protect themselves from money launderers

Accounting Standards Flag It Up! How accountants can protect themselves from money launderers

6m Emma Smith, Managing Editor
FRC investigates PwC over Redcentric audit

Accounting Standards FRC investigates PwC over Redcentric audit

7m Emma Smith, Managing Editor
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

2m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

3m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

4m Alia Shoaib, Reporter