The Institute of Chartered Accountants of
England and Wales (ICAEW) student intake increased 16% to a 19-year
high in 2010. The total number of students that took part in the
ACA programme was 17,653.

ICAEW membership also increased by 1.4% to
more than 136,000.

The institute’s turnover climbed £2.7million
($4.37million) to £74.4 million after tax.

ICAEW president Gerald Russell and chief
executive Michael Izza said the institute has made progress
building its reputation and influence across the globe.

Russell and Izza said that ICAEW has “three
established international regions in South East Asia, the Middle
East and Europe, with our fourth region in Greater China being
launched in March 2011”.

“In the UK, we are engaging with the coalition
government to ensure the policy and regulatory climate supports a
business-led recovery, economic growth and competitiveness,”
Russell and Izza said.