About Us

The Global Accounting Alliance (GAA) was formed in November 2005 and is an alliance of leading professional accountancy bodies in significant capital markets. It was created to promote quality services, share information and collaborate on important international issues. The GAA works with national regulators, governments and stakeholders, through member-body collaboration, articulation of consensus views, and working in collaboration where possible with other international bodies, especially the International Federation of Accountants (IFAC). 

The Alliance facilitates a co-operation between 11 of the world’s leading professional accounting organisations::

  • The American Institute of Certified Public Accountants (AICPA)
  • Canadian Institute of Chartered Accountants (CICA)
  • Hong Kong Institute of Certified Public Accountants (HKICPA)
  • Institute of Chartered Accountants in Australia (ICAA)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Chartered Accountants Ireland (ICAI)
  • Institute of Chartered Accountants of Scotland (ICAS)
  • The Japanese Institute of Certified Public Accountants (JICPA)
  • New Zealand Institute of Chartered Accountants (NZICA)
  • South African Institute of Chartered Accountants (SAICA)
  • Institut der Wirtschaftsprüfer in Deutschland e.V. (IDW)

These organisations represent over 775,000 of the world’s leading professional accountants in over 165 countries from around the globe.

How is the GAA governed?

  • The GAA is a company limited by guarantee registered in England and Wales. Its board consists of the CEOs of the member organisations. It elects one of its number as Chair.
  • The GAA board currently meets in person four times per annum and via teleconference in the other months.

Areas of endeavour in 2009 for the GAA include the following:

  • Continuing to facilitate timely exchanges of experiences and observations on matters of importance to the accounting profession and business
  • Membership and support for the Prince of Wales Accounting for Sustainability (A4S) project and membership of the Accounting Bodies Network
  • Continued support for the GAA Passport scheme
  • Continued support for liability reform and the finalisation with IFAC of a case study of how liability reform was achieved in Australia
  • Continued promotion of the need for standard setters and regulators to appropriately differentiate between what is needed to effectively regulate listed and large public interest entities compared with smaller and medium sized entities
  • Member bodies working closely together in reviewing critical exposure drafts that are released for comment, and collaborating constructively as each organisation prepares its own responses
  • Further work on the thought leadership project on Principles, Rules and Reporting Complexity, including a minimum of three roundtable discussions on its conclusions
  • Finalisation of the renewal of existing mutual recognition / reciprocal membership agreements
  • Continued publication of the bi-monthly “GAA Accounting” e-journal
  • Review of the barriers to global mobility of members in practice, especially in reserved disciplines such as auditing
  • Support of members facing the challenges created by the global economic downturn
  • Supporting the Organisation for Economic Co-operation and Development’s (OECD) work on tax matters and its project on high net worth individuals in particular
  • Supporting the work of XBRL International.

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                 The Global Accounting Alliance is a company limited by guarantee registered in England and Wales (Company Number: 6754644).
                 Its registered office is at Chartered Accountants’ Hall, Moorgate Place, London EC2P 2BJ.