Certified Public Accountants Association Explained

Certified Public Accountants Association
Abbreviation:CPAA
Formation: England, UK
Headquarters:Unit F Lostock Office Park, Lynstock Way, Lostock, Bolton BL6 4SG, United Kingdom
Region:UK; Overseas
Membership:> 1,300
Owners:-->
Staff:14
Formerly:Association of Certified Public Accountants

The Certified Public Accountants Association (CPAA) (formerly Association of Certified Public Accountants and CPA UK) was formed in 1989 to represent the interests of certain accountants in the United Kingdom.

The association's National Administration Centre and Head Office is in Bolton, England.[1]

Qualification

CPAA offers the designations of Certified Public Accountant (ACPA or FCPA). The American CPA Institute is the main accounting qualification in the United States; there are also many CPAs in China, Australia, and elsewhere.[2] CPAA was founded in 1989 to offer a British version.[3]

The association admits members based on either their existing professional accounting body memberships, accountancy qualifications, or experience.[4] As of April 2015 it was pursuing Ofqual recognition as an awarding body; a 2018 document stated that by 2022 it could begin preparations for an application to Ofqual.[5] Entry requirements include membership of a member body recognised by the International Federation of Accountants and completion of a practical assessment of their work.

Members wishing to use the designation Certified Public Accountant, or the designatory letters ACPA/ FCPA, in connection with offering services as a practising public accountant to the general public/business community, must be in possession of a valid, current practising certificate. For a firm to use the designation Certified Public Accountant(s), all the partners or directors/shareholders must be members of the association and the principal must hold a current practising certificate.

Since 2015, CPAA has been recognised as a body whose members are permitted to act as Independent Examiners of accounts for charities in England and Wales.[6] [7]

Notes and References

  1. http://www.acpa.org.uk/contact.aspx Contact
  2. https://www.cpaa.co.uk/unassigned-pages/what-we-do/ What we do
  3. https://www.cpaa.co.uk/holding-area/cpaa-history/ CPAA history
  4. Web site: Routes to Membership . CPAA . 30 March 2019.
  5. Web site: CPAA: Vision 2022 . CPAA . 30 March 2019 . 9 . 2018 . …by 2022 the Association will be in a position to begin preparations to make an application to Ofqual to become an Awarding Organisation (AO)..
  6. Web site: CPAA recognised as body permitted to act as examiners of charities . CPAA . 30 March 2019 . 22 June 2015.
  7. Web site: Independent examination of charity accounts: Directions and guidance for examiners (CC32) . Charity Commission . 30 March 2019 . 70 . December 2017.