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Student Handbook

2.4 Designation of Members

A member is designated as a Certified Public Accountant ("CPA") and entitled to use the
following initials for his / her appropriate status in the Institute:

Member – CPA
Fellow – FCPA (seven years' standing with the Institute)

2.5 Membership Admission

To become a member of the Institute, an applicant has to satisfy the following requirements:

(a) hold an accountancy degree or equivalent qualification accredited or recognized by the
Institute;
(b) successfully complete and pass the Institute's Qualification Programme;
(c) gain relevant practical experience with the Institute's Authorized Employers or
Authorized Supervisors complying with the Practical Experience Framework;
(d) be of good character and a fit and proper person to carry the title of Certified Public
Accountant; and
(e) be at least 21 years old.

2.6 International Recognition

2.6.1 Bilateral Overseas Recognition Agreements

To date, the Institute has entered into several bilateral recognition agreements with the
leading overseas accountancy professional bodies, which include the following:

(a) Reciprocal Membership Agreements
- Canadian Institute of Chartered Accountants;
- Chartered Accountants Ireland
- Institute of Chartered Accountants in Australia;
- Institute of Chartered Accountants in England and Wales;
- Institute of Chartered Accountants of Scotland;
- Institute of Chartered Accountants of Zimbabwe;
- NASBA/AICPA IQAB (under the Mutual recognition agreement between
Hong Kong and U.S.);
- New Zealand Institute of Chartered Accountants; and
- South African Institute of Chartered Accountants.

(b) Mutual Recognition Agreement
- Association of Chartered Certified Accountants; and
- CPA Australia.

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