Acca Membership In Azerbaijan: A Comprehensive Overview

The Association of Chartered Certified Accountants (ACCA) is a globally recognised professional accountancy body with a diverse community of members and future members spread across the world. While the exact number of ACCA members in Azerbaijan is unclear, the organisation has offices and centres in 51 countries and is recognised in many more.

How many ACCA members are there globally?

The Association of Chartered Certified Accountants (ACCA) is a global professional accounting body with members in 180 countries. It was founded in 1904 to widen access to the profession and is known for its long history of inclusion and work for the public good.

As of 2024, ACCA has 252,500 members and 526,000 future members. This represents an increase of around 2% in membership since 2017 when the organisation celebrated its 200,000 member landmark.

ACCA is the fourth-largest professional accounting body in the world and works through a network of over 110 offices and centres in 51 countries. It has 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development.

ACCA members work in a variety of roles in accounting, management and leadership across the business and public sectors. The organisation has played a leading role in widening the scope of accountancy to encompass strategy, sustainability and broader professional skills.

ACCA's qualifications are highly regarded and are open to everyone with the ability to learn and the drive to excel. They are respected and valued by employers in every sector and equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies.

How many ACCA members are there in Azerbaijan?

The Association of Chartered Certified Accountants (ACCA) is a globally recognised professional accountancy body with members and future members in 180 countries. ACCA has a network of over 110 offices and centres in 51 countries. However, the exact number of ACCA members in Azerbaijan is not publicly available.

ACCA was founded in 1904 to widen access to the accountancy profession. It offers qualifications and advances standards in accountancy worldwide. As of 2020, ACCA has 252,500 members and 526,000 future members. ACCA's qualifications are open to everyone with the ability to learn and the drive to excel.

ACCA's forward-looking qualifications, continuous learning, and insights are respected and valued by employers in every sector. They equip individuals with the business and finance expertise and ethical judgment to create, protect, and report the sustainable value delivered by organisations and economies.

ACCA's members are trained to the highest level and are regulated throughout their careers. The association offers a range of foundation-level certificates and diplomas, providing an entry point for anyone new to accounting and finance. ACCA also offers certain other qualifications, including a BSc (Hons) in Applied Accounting, an MSc in Professional Accountancy, a Global MBA (for full ACCA members), and several certificates and diplomas in international financial reporting, international auditing, international public sector accounting standards, and business valuations.

ACCA works in the public interest, ensuring that its members are appropriately regulated. It promotes principles-based regulation and actively seeks to enhance the value of accounting in society through international research. ACCA takes progressive stances on global issues to ensure that accountancy as a profession continues to grow in reputation and influence.

What is the history of ACCA?

The Association of Chartered Certified Accountants (ACCA) was founded in 1904 and is the fourth-largest professional accounting body in the world. It offers the Chartered Certified Accountant qualification (ACCA) and has over 250,000 members and 526,000 future members.

The ACCA was formed when eight people established the London Association of Accountants to allow more open access to the profession than was available through existing accounting bodies at the time.

Some key dates in the ACCA's history include:

• 1909: Ethel Ayres Purdie becomes the first female associate member of any accounting professional body.
• 1917: The London Association of Accountants becomes the first UK professional body to examine tax.
• 1930: The London Association of Accountants successfully campaigns for the right to audit companies.
• 1939: The Corporation of Accountants (a Scottish body founded in 1891) merges with the London Association of Certified Accountants to become the Association of Certified and Corporate Accountants.
• 1941: The Institution of Certified Public Accountants (founded in 1903) merges with the Association of Certified and Corporate Accountants.
• 1974: ACCA is granted a Royal Charter by Queen Elizabeth II.
• 1974: ACCA becomes one of six founding members of the Consultative Committee of Accountancy Bodies (CCAB).
• 1977: ACCA becomes a founding member of the International Federation of Accountants (IFAC).
• 1996: The Chartered Association of Certified Accountants is renamed the Association of Chartered Certified Accountants.
• 2001: ACCA receives a Queen's Award for Enterprise: International Trade, recognising its growth and role in 160 countries worldwide.
• 2009: ACCA members are allowed to provide probate services.
• 2014: ACCA members and student numbers reach 600,000 worldwide.
• 2015: ACCA launches an MSc in Professional Accountancy with the University of London.
• 2016: ACCA forms a strategic alliance with Chartered Accountants Australia and New Zealand (CA ANZ).
• 2017: ACCA reaches over 700,000 members and students worldwide.
• 2018: ACCA introduces Strategic Professional – a new level of the ACCA Qualification.
• 2020: ACCA announces its commitments to the UN Sustainable Development Goals.

What is the history of Azerbaijan?

Azerbaijan, officially the Republic of Azerbaijan, is a country in the South Caucasus region of Eurasia. The country has a long and complex history that dates back thousands of years. One of the earliest known settlements in the region was the Caucasus Albanian kingdom, which existed from the 4th century BC to the 9th century AD. Over the centuries, the area has been ruled by a variety of different empires and kingdoms, including the Persians, Arabs, Turks, and Russians.

In the early 19th century, Qajar Iran ceded the territories of what is nowadays Azerbaijan and Armenia, following their forced cession of Georgia and Dagestan to the Russian Empire. Following the collapse of the Soviet Union in 1991, Azerbaijan became an independent country. However, the country has been plagued by conflict and instability, particularly due to the Nagorno-Karabakh conflict with neighboring Armenia. Nonetheless, Azerbaijan has a rich cultural heritage that reflects its diverse history and has made significant contributions to the fields of art, music, literature, and science.

The name Azerbaijan is thought to originate from Atropates, a Persian satrap (governor) who ruled in the region of Atropatene (modern Iranian Azerbaijan) in the 4th century BC. The original etymology of this name is thought to be Old Persian *Atru-pātā- (*atr- meaning "fire" and -pātā meaning "guardian"), which later evolved into the modern name Azerbaijan.

Located along ancient trade routes, including the famous Silk Road, Azerbaijan has a unique and ancient cultural heritage. The country has a strong tradition of music, literature, and art, with a distinct architectural style that reflects its rich history. Over the centuries, Azerbaijan has been influenced by various cultures, including Persian, Turkish, and Russian, which can be seen in its language, cuisine, and cultural traditions.

What is the current political situation in Azerbaijan?

Azerbaijan is a secular nation with a majority-Turkic and majority-Shia Muslim population. It is a presidential republic with a unicameral National Assembly. Nominally, it is a semi-presidential republic, but in practice, it is an authoritarian system where power is concentrated in the hands of the president and his extended family.

The current president is Ilham Aliyev, who took over from his father, Heydar Aliyev, in 2003. Aliyev was re-elected for a fifth consecutive term in February 2024, winning over 92% of the vote. However, international observers noted that he had no meaningful challenger, and the election was criticised as being devoid of genuine pluralism. Main rival parties boycotted the election, and one opposition leader called it an "imitation of democracy".

The Aliyev family has dominated the politics of Azerbaijan since 1969, when Heydar Aliyev became First Secretary of the Communist Party of Azerbaijan. Heydar Aliyev served as President of Azerbaijan from 1993 to 2003, after seizing power in a military coup.

The ruling New Azerbaijan Party, headed by Ilham Aliyev, controls all the electoral commissions in Azerbaijan. The country's politics are characterised by repression of political opponents, limited civil rights, widespread human rights abuses, and rampant corruption.

Azerbaijan has been in conflict with neighbouring Armenia over the Nagorno-Karabakh region, which is populated largely by ethnic Armenians but was incorporated into Azerbaijan as an autonomous oblast in the early 1920s. In September 2023, Azerbaijan took military action to regain the region, resulting in the flight of nearly the entire ethnic Armenian population of Nagorno-Karabakh to Armenia.

Despite its wealth and increased influence in the wider region, poverty and corruption continue to hinder Azerbaijan's development. The country has also been criticised for its crackdown on civil liberties and persecution of political opponents.

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