Mutual Recognition
The Institute has mutual recognition agreements in place with:
- Institute of Chartered Accountants in England and Wales
- Institute of Chartered Accountants in Ireland
- Canadian Institute of Chartered Accountants
- Institute of Chartered Accountants of Australia
- New Zealand Institute of Chartered Accountants
- South African Institute of Chartered Accountants
- Hong Kong Institute of Certified Public Accountants
ICAS members may admit to full memberships of the above institutions after passing an aptitude test or subject to other specific requirements.
Members of equivalent bodies in other European Economic Area member states and Switzerland may also be admitted to membership after passing an aptitude test, provided they are a citizen of an EEA state or Switzerland.
A mutual recognition arrangement between the Institute and the Chartered Institute of Public Finance and Accountancy (CIPFA) was put in place in 1996, but was terminated by ICAS in 2005.
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Famous quotes containing the words mutual recognition, mutual and/or recognition:
“It is with such eyes ... that a pair of angels exiled among men ... gaze at one another in mutual recognition.”
—Stendhal [Marie Henri Beyle] (1783–1842)
“Rules and particular inferences alike are justified by being brought into agreement with each other. A rule is amended if it yields an inference we are unwilling to accept; an inference is rejected if it violates a rule we are unwilling to amend. The process of justification is the delicate one of making mutual adjustments between rules and accepted inferences; and in the agreement achieved lies the only justification needed for either.”
—Nelson Goodman (b. 1906)
“Work expands so as to fill the time available for its completion. General recognition of this fact is shown in the proverbial phrase “It is the busiest man who has time to spare.””
—C. Northcote Parkinson (1909–1993)