Institute of Chartered Accountants of Scotland

Institute of Chartered Accountants of Scotland
ICAS A British professional accounting and external auditing organization. The ICAS was established by royal charter in 1854. Although much smaller than the *Institute of Chartered Accountants in England and Wales (ICAEW), its English counterpart, the Scottish ICAS benefits from significant prestige and authority as the world’s oldest organization of its type. The ICAS, headquartered in Edinburgh, is a tenacious preserver of its independent status within the United Kingdom’s community of *chartered accountants. Unlike the ICAEWs designation of ACA, Scottish chartered accountants bear the designatory letters CA. The ICAS is one of the United Kingdom’s five *Recognised Qualifying Bodies for external auditors, and it publishes the *CA Magazine and well-respected research monographs. It had a membership of around 15,000 in 2003. Web site: www.icas.org.uk

Auditor's dictionary. 2014.

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