Use of the term 'Chartered Accountant'

[AccountancyStudent]

I thought that this could only be used by ICAEW/ICAS/ICAI members but recently read this:

However, the Privy Council directive of 25 August 1996 makes it clear that all members of the CCAB bodies are equally entitled to refer to themselves as chartered accountants if they so wish.

However 1) I can't find this directive
2) It also says this:

In 1997 the Privy Council which governs all professional bodies in the UK and Commonwealth gave members of the CACA the right to prefix their titles with the word chartered.

but ACCA was given a charter in 1974 according to the ACCA website and official list of charters

so I am not sure how accurate the author is - they may be confusing use of the word 'Chartered' on it's own with:

1995 : ACCA members vote at an extraordinary general meeting to amend the name of the body to the Association of Chartered Public Accountants and to introduce the designation Chartered Public Accountant. The Privy Council subsequently rejected this proposal as it was concerned about the inclusion of the term public. It did however agree that any accountancy body that had a royal charter could be granted the right to use chartered as part of the members' designation.

does anyone know further?

sources: http://uk.answers.yahoo.com/question/index?qid=20071023182809AACvSJP
http://www.accountingweb.co.uk/anyanswers/can-acca-members-call-themselves-chartered-accountants
http://en.wikipedia.org/wiki/Association_of_Chartered_Certified_Accountants#History

 

[elaine@cheapaccounting]

My understanding is ...

Chartered by Chartered Accountants (ICAEW, ICAS and ICAI)

Chartered Certified by ACCA

Chartered Management by CIMA