- A Prescribed Accountancy Body (‘PAB’) is any accountancy body that comes within the supervisory remit of IAASA under the Act. There are currently five PABs each of which has its own formal system for dealing with complaints relating to its members/member firms, including, where necessary an investigation and disciplinary process. The five PABs and the designatory letters for their members are:
Accountancy Body Full Name Designatory Letters ACCA Association of Chartered Certified Accountants ACCA or FCCA AIA Association of International Accountants AAIA or FAIA CIMA Chartered Institute of Management Accountants ACMA or FCMA CIPFA Chartered Institute of Public Finance and Accountancy CPFA ICAI Institute of Chartered Accountants in Ireland ACA or FCA; CPA or FCPA The following bodies are no longer PABs
- The Institute of Chartered Accountants in England & Wales ceased to be a PAB on 21 July 2021.
- The Institute of Chartered Accountants of Scotland ceased to be a PAB on 22 December 2021.
- The Institute of Certified Public Accountants in Ireland ceased to be a PAB on 1 September 2024.
