FRC figures show CIMA has fastest growth Reply

Happy businessman with case.

The FRC have just published their Key Facts and Trends in the Accountancy Profession – June 2015

The Financial Reporting Council is the UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment. We promote high standards of corporate governance through the UK Corporate Governance Code. We set standards for corporate reporting, audit and actuarial practice and monitor and enforce accounting and auditing standards. We also oversee the regulatory activities of the actuarial profession and the professional accountancy bodies and operate independent disciplinary arrangements for public interest cases involving accountants and actuaries.

You can download the full report here FRC Key Facts

It compared ACCA, CIMA, CIPFA, ICAEW, CAI, ICAS, AIA and found CIMA grow its members by 16.9% between 2010 and 2014, well above the average of 10.3% and beating the growth rate of all the others.

23% (77,551 out of 335,552) UK accountants are CIMA members.

CIMA also had the biggest growth in Worldwide Students 28.8% between 2010 and 2014.

The sectorial employment data in figure 5 showed that 75,429 (97%) work in Industry & Commerce which is 28% of accountants in Industry & Commerce.

Great statistics!

 

steve@bicknells.net