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The Institute of Chartered Accountants in Australia was constituted by Royal Charter in 1928. It operates under a Supplemental Royal Charter granted by the Governor-General on behalf of Queen Elizabeth II on 19 August 2005.
The Institute is governed by a Board of Directors consisting of seven members elected by Chartered Accountants on regional registers, and up to four Board appointed members. The Directors and Regional Councillors are elected for a three-year term. A third of the positions held on the Board and Regional Councils are up for election each year. The President and Deputy President are elected annually by the Board.
The Institute plays an important role in the global accounting community. The international reach of the Chartered Accountants brand provides exciting opportunities both locally and abroad.
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