ICEA Registered Students
The Examinations of the Institute are limited to Registered Students (and Associates for the Fellowship Examination). No one will be admitted as a Registered Student unless:
(a) He/ She is at least 18 years of age (or the age of Matriculation in those countries where this is lower).
(b) He/ She declares that it is his intention to sit for the Institute's Examinations.
(c) He/ She is recommended as a fit and proper person by a Member of the Institute or a person of official standing recognised by the Council.
(d) He/ She has two Advanced and three Ordinary level passes at A, B or C grades in the General Certificate of Education or equivalent or three years' practical experience in accounting and/or allied work.
A Registered Student can neither claim to be a Member of the Institute nor can He/ She uses designatory letters.
Technicians in Costing & Accounting
A Registered Student who has passed or has been granted exemption from the Associate ship Levels I and 2 examinations can apply for a certificate of Technician in Costing & Accounting while He/ She pays his Annual Subscription provided He/ She has at least two years' practical experience and can maintain ledgers, daybooks, prepare statements, etc., using both manual and computerised systems and is able to answer queries. The holder of the Certificate can use the designatory letters "TCA" after his name and describe himself/ herself as an "Incorporated Cost Accounting Technician".
A Technician must have "competence in the performance of complex, technical, specialised and professional work activities, including those involving design, planning and problem-solving, with a significant degree of personal accountability. In many areas competence in supervision or management will be required at this level". (NCVQ Level IV requirements).
Disciplinary Control
A Member may only use the ACEA's designatory letters and/or describe himself/herself as an "Incorporated Executive Accountant" in the event that he/she is a Member in good standing, i.e. his/her annual subscription is paid up-to-date, a current Practising Certificate is held (if applicable), his/her indemnity insurance is paid up-to-date (if applicable) and he/she has not been found guilty of a breach requiring action under the disciplinary procedures.
This clause has been registered with the Office of Fair Trading under reference RS2508. As a result, this clause is binding among Members of the Institute, third parties and the OFT, and is enforceable by law.
Disciplinary action will be taken if any Member or registered person infringes the Institute's professional and ethical guide.
Practising Certificate
Any Fellow, engaged in public practice, who undertakes the duties of an auditor/accountant, may, subject to the conditions of the Institute's Bye-Laws and at the discretion of the Council, be issued annually a "Practising Certificate" on application in the prescribed form and on payment of the prescribed fee in addition to the Annual Subscription. Members are not permitted to use the Institute's designatory letters in public practice without holding a current practising certificate. The Institute maintains a Professional Indemnity Insurance Scheme with Sun Alliance Insurance Group at a reduced rate for its members, Fellows and Associates.