The Institute Of Chartered Accountants Of Scotland - ICAS

DEFINITION of 'The Institute Of Chartered Accountants Of Scotland - ICAS'

The world's first professional body of financial bookkeepers. The ICAS received its royal charter in 1854, and was the first to adopt the designation "Chartered Accountant" and the designatory letters, CA. The ICAS had 18,278 members in 2009.

BREAKING DOWN 'The Institute Of Chartered Accountants Of Scotland - ICAS'

The ICAS has played a leading role in the development of the accountancy profession since its formation. It has offices in Edinburgh, Glasgow and London. The objectives of the ICAS include are to develop business leaders of tomorrow, promote the distinctive CA brand, lead professional change, offer lifelong relevance for its members and deliver quality and value through continuous improvement.

RELATED TERMS
  1. The Accountant's Magazine - TAM

    A Scottish trade publication that covered topics related to accountancy ...
  2. Corporate Charter

    A written document filed with a U.S. state by the founders of ...
  3. Chartered Bank

    A financial institution whose primary roles are to accept and ...
  4. Address Commission

    The fee paid by vessel owners to charterers, the party who owns ...
  5. Financial Accounting

    The process of recording, summarizing and reporting the myriad ...
  6. CFA Institute

    Formerly known as the Association for Investment Management and ...
Related Articles
  1. Professionals

    So, You Want to Earn Your CFA?

    Here are some pros and cons to consider before you take the CFA charter plunge.
  2. Stock Analysis

    Just How Messy Will The Standard Chartered Affair Get?

    Allegations against Standard Chartered are liable to lead to a messy and noisy couple of months.
  3. Professionals

    What Is A CFA?

    CFA stands for "chartered financial analyst." Find out what this designation does and doesn't say about the person holding it.
  4. Professionals

    Financial Designations That Employers Require

    We break down the designations that are important to have if you want to work in the financial sector.
  5. Investing News

    Charter-Time Warner Cable Merger Wins Approval (TWC, CHTR)

    Charter Communications won preliminary approval Monday for its takeover of Time Warner Cable, but the deal will be subject to strict conditions.
  6. Stock Analysis

    Charter to Dump the Time Warner Cable Brand

    The about-to-be-completed merger between Charter Communications (NASDAQ: CHTR) and Time Warner Cable (NYSE: TWC) will see a not-so-well-liked brand disappear. Once the $55.1 billion deal closes, ...
  7. Professionals

    7 Designations For The Sell Side

    While all of these designations demand a substantial commitment in time, money and effort, the end result is worth it.
  8. Professionals

    Careers For CFAs, CFPs® And CTAs

    Discover the differences between Chartered Financial Analyst, Certified Financial Planner™ and Commodity Trading Advisor credentials.
  9. Professionals

    An Introduction To The Chartered Business Valuator Designation

    Business valuation is a fast growing field. Discover how you can take advantage with a CBV designation.
  10. Stock Analysis

    Charter, Time Warner Cable Looks to Be a Done Deal

    It appears that Time Warner Cable (NYSE: TWC) shareholders can finally exhale. After what has been a multi-year odyssey, during which the company saw its first planned merger with Comcast thwarted ...
RELATED FAQS
  1. What are the benefits of hiring a Chartered Financial Analyst (CFA) to be my financial ...

    Find out what the CFA charter is. Understand the benefits of hiring a Chartered Financial Analyst as a personal financial ... Read Answer >>
  2. What is the difference between a state and a federally chartered credit union?

    Learn how federal chartered credit unions are regulated by the NCUA, while state chartered unions are regulated by their ... Read Answer >>
  3. I hold a professional degree. Am I eligible to sit for the Certified Financial Planner ...

    According to the CFP board, if you hold one or more of the following, you are eligible to challenge the CFP(R) certification ... Read Answer >>
  4. What financial certifications or exams do I need to complete in order to qualify ...

    In general, most states require the successful completion of the Series 65 exam or both the Series 7 and Series 66 exams. ... Read Answer >>
  5. Who decides to print money in Canada?

    Discover how the Bank of Canada and chartered banks in the country can create new money, and how creating new money causes ... Read Answer >>
  6. What types of positions might a Chartered Financial Analyst (CFA) hold?

    Understand what types of positions a Chartered Financial Analyst can hold. Learn what is available to those who have only ... Read Answer >>
Hot Definitions
  1. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  2. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  3. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  4. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  5. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  6. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
Trading Center