Who Can Be A Reporting Accountant?
A reporting accountant is either:
- any member of a body listed below who, under the rules of
that body, is entitled to engage in public practice, and who
is eligible for appointment as a reporting accountant; or
- any person, (whether or not a member of any such body), who
is eligible for appointment as a company auditor under the rules
of that body.
The bodies referred to above are the:
- The Institute of Chartered Accountants in England and Wales;
- Institute of Chartered Accountants of Scotland;
- Institute of Chartered Accountants in Ireland;
- Association of Chartered Certified Accountants;
- Association of Authorised Public Accountants;
- Association of Accounting Technicians;
- Association of International Accountants;
- Chartered Institute of Management Accountants.
- Institute of Chartered Secretaries and Administrators. (This
new addition applies to financial years ending on or after 30
An individual, body corporate or firm may be appointed as a reporting
accountant. The reporting accountant must be independent and meet
the conditions set out in section 27 of the Companies Act 1989.
This means, for example, that he or she cannot be an officer or
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