The Verifera™ Encyclopaedia — Careers edition
Audit qualification
Verified reference for UK professional registers, credentials and career pathways. Every entry shows its sources and last-verified date — the “Verified by Verifera” mark appears only when all facts are in-window.
AIA — Association of International Accountants
The AIA is one of the five Recognised Qualifying Bodies that can award the statutory audit qualification — but it is not a Recognised Supervisory Body, so it cannot itself register and supervise statutory auditors.
✔ Verified by VeriferaCredentialStatutory audit — the one hard legal gate
The single accountancy task the law restricts is statutory audit of company accounts. Under the Companies Act 2006 (Part 42, Schedules 10 and 11), only an eligible person or firm may sign a statutory audit opinion — belonging to a Recognised Supervisory Body, holding an appropriate audit qualification from a Recognised Qualifying Body, and (for firms) being registered as a statutory auditor. The FRC is the UK competent authority for audit.
✔ Verified by VeriferaGuideThe four RSBs and five RQBs — who can register and qualify statutory auditors
The FRC recognises four Recognised Supervisory Bodies that can register and supervise statutory auditors — ICAEW, ACCA, ICAS and Chartered Accountants Ireland — and five Recognised Qualifying Bodies that can award the statutory audit qualification: those four plus the AIA.
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