The Association of Chartered Certified Accountants (ACCA) has
grown by more than 7,000 members over the past year – the
professional body’s highest rate of growth in half a decade. ACCA
now has 122,426 members in 170 countries, which is a 6 percent rise
over 2006 figures. Global student and affiliate numbers grew by 10
percent to 325,606.
ACCA chief executive Allen Blewitt commented: “We are particularly
delighted by the strong growth in membership figures, which is
testament to the value that accountants around the world are seeing
in joining ACCA. It is remarkable to think that our members could
now fill [Manchester United stadium] Old Trafford and [Liverpool
Football Club stadium] Anfield together, while our members and
students combined would fill the new [London-based] Wembley stadium
five-times over.
“The strong student growth figures demonstrate the enduring global
popularity of ACCA’s qualifications, which, being wholly portable,
means young accountants can make their careers internationally as
well as in their own countries of origin. Typically, 20,000 of our
students and members move country each year. This is globalism in
action.
“In a global market, with international standards in financial
reporting and auditing being adopted throughout the world, a
qualification which is based on the same exam, whether in Nuneaton,
UK, or Nairobi, Kenya, leaves ACCA members best-placed to help
businesses thrive. The new ACCA qualification, introduced in 2007,
will give the next generation of accountants an even greater
grounding in what is needed for success in business.”
The first examinations of the ACCA’s new qualification attracted a
record number of students. About 156,000 students sat ACCA exams in
December 2007, which included 135,000 sitting the new professional
qualification. More than 6,000 new affiliates or graduates
completed the exams and the highest pass rate was 81 percent for
the accountant in business module. The lowest pass rate was 28
percent for advanced taxation.
Blewitt said 53 percent of students who took these examinations
were women and the average age of ACCA members is 39.
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