ACCA approaches 180,000 membership

A 5% GROWTH in membership numbers has seen ACCA push the 180,000 barrier, according to its latest statistics.

The institute said that its membership has grown 11,530 in the past year, to 178,000. It also has 455,000 students, of which 397,000 were studying the ACCA qualification in 2014/15 – up on 12,000 on the previous year. It also posted 98.3% member retention. 

ACCA chief executive Helen Brand said: “The demand for professional, ethical accountants is on the rise right across the world and ACCA is committed to continued delivery of a qualification that reflects this global requirement.”

The ACCA’s worldwide membership number overtook the ICAEW in 2010, when it hit 137,000, compared to the ICAEW’s 135,000.

In 2014 the ICAEW failed to meet its KPI on member numbers: it hit 144,167 on a goal of 144,080 – however, its net growth was behind its 1,860 target, at 1,833. It is aiming for nearly 146,000 in 2015.

The ICAEW boasted 10,441 students during 2014, according to its annual review, of which more than 7,000 took the ACA qualification.

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