Accountancy bodies in London
In the UK there are many Accountancy bodies that have been set up to be able to set a standard amongst accountants. The offices of all of the accountancy bodies are based in London. This is due to the fact that London is the place that is most populated with qualified accountants and practicing accountants. There are 5 main bodies that regulate accountants in London.
The Chartered Institute of Management Accountants (CIMA) are based in London and represent the financial managers and accountants that work for the large London based corporations and also other businesses in the UK. The CIMA represent accountants in all business sectors.
The Association of Chartered Certified Accountants (ACCA) is the international accountancy body that is based in London. This accountancy association covers global accountancy standards, and trains and examines accountants to an international standard.
The Chartered Institute of Public Finance and Accountancy (CIPFA) is a London based institute that specialises in the public sector services. This includes the local government. This accountants institute work closely with the National Audit Agency and the major accountant firms.
The Institute of Chartered Accountants in England and Wales (ICAEW) is the largest accountancy institute based in London. All its members are chartered accountants.
The Association of Accounting Technicians (AAT) which is based in London is sponsored by the major accountancy bodies, such as the CIPFA, ICAEW, CIMA and the Institute of Chartered Accountants in Scotland (ICAS). This association is a specialist awarding body for qualifications in accountancy. The offer fast track entry to accountant's qualifications and specialise in the accounting technicians who work along side chartered accountants.
