Professional accounting body

Accounting
Historical cost accounting Constant purchasing power accounting Management accounting Tax accounting
Major types of accounting Auditing Cost Forensic Financial Fund Governmental
Auditing Financial Internal Firms Report
People and organizations Accountants Accounting organizations Luca Pacioli (1445–1517)
Development History Research Positive accounting Sarbanes–Oxley Act
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A professional accounting body is an organization or association of accountants in a particular jurisdiction. Usually a person needs to be a member of such professional body to hold out to the public of the jurisdiction as an accountant. The designations for qualified accountants vary from jurisdiction to jurisdiction, such as Chartered Accountant (CA), Chartered Certified Accountant (ACCA), Chartered Professional Accountant (CPA), Certified Public Accountant (CPA), Certified Practising Accountant (CPA), Certified Management Accountant (CMA), Cost & Management Accountant (CMA), Certified Commercial Professional Accountant (CCPA).

Some countries have a single professional accounting body while others have several. If there is more than one body, such bodies may or may not compete with each other; in some countries, professional accounting bodies are divided according to their field of activity. For example, India has two professional accounting bodies: the Institute of Chartered Accountants of India deals with financial accounting, while the Institute of Cost Accountants of India deals with cost accounting & management accounting.