Abbreviation | NZICA |
---|---|
Headquarters | Wellington, New Zealand |
Region served | New Zealand |
Membership | > 32,000 |
Member's designations | CA, ACA and FCA |
President | Ross Jackson |
Vice President | Richard Austin |
Governing body | Council |
IFAC member since | 7 October 1977 |
Website | www |
Former name | Institute of Chartered Accountants of New Zealand |
The New Zealand Institute of Chartered Accountants (NZICA) was the operating name for the Institute of Chartered Accountants of New Zealand. The Institute represented over 33,000 members in New Zealand and overseas. Most accountants in New Zealand belonged to the Institute.
New Zealand Institute of Chartered Accountants and the Institute of Chartered Accountants in Australia (ICAA) amalgamated to become Chartered Accountants Australia and New Zealand.
The Institute adopted the name Institute of Chartered Accountants of New Zealand in 1996. Prior to that, it was known as the New Zealand Society of Accountants.
In November 2013 Members of The Institute of Chartered Accountants in Australia and the New Zealand Institute of Chartered Accountants voted yes on a proposal to create One New Institute: "Institute of Chartered Accountants Australia and New Zealand".
There are three "Colleges" or membership groupings within the Institute. New Zealand is unusual among the major CA Institutes worldwide in offering both Chartered Accountant and Associate Chartered Accountant designations.
The Chartered Accountant designation denotes an accountant qualified to offer the full range of accountancy services privately and to the public. Members of the CA College term themselves Chartered Accountants and use the designatory letters CA.
Members of the Associate Chartered Accountant College use the designatory letters ACA.
The Associate Chartered Accountant designation is a mid-level qualification. Members of the ACA College must complete professional education requirements, but are not entitled to offer service to the public.
The designation Associate Chartered Accountant is not directly comparable to the Associate Chartered Accountant (ACA) designation offered by the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants in Ireland.
NZICA includes among its members persons qualified at accounting technician level who belong to the College of Accounting Technicians and may use the designatory letters AT.
New Zealand's practice in this respect is not followed in other countries. For example, in the United Kingdom, accounting technicians generally belong to the Association of Accounting Technicians.