The survey audience of over 450 accountancy and finance professionals included members of ACCA, CIMA, ICAEW, AAT, IFA and AIA from Part-Qualified to Chief Financial Officer across a range of industries.
In addition, 74% of respondents stated that their memberships were good value for money and 83% stated their membership met their requirements.
In terms of the benefits offered, respondents recommended the publications (39%), technical resources (22%), and Continuing Professional Development courses (19%) their memberships provided. Reasons for having a professional body membership included the recognition gained in the industry (25%), the respected credentials provided (20%) and the Continuing Professional Development offered (18%).
Those at the start of their accountancy career (Graduates, Part Qualified and Newly Qualified) appreciated clear reasons and benefits for joining specific professional bodies, along with careers advice, and support once qualified.
Respondents from PQ through to CFO also expressed an interest in more tiered membership options based on industry sector, job role and level of experience to help define the career path of the modern day accountancy and finance professional.
Sarah EL-Doori, Marketing Director at GAAPweb added: “Our research highlights how accountants value professional memberships as an enabler throughout their career. Professional bodies are preparing accountants for what’s on the horizon, through publications, training and technical resources”
