ICAEW ANNUAL REPORT AND FINANCIAL STATEMENTS 2022
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A FORCE FOR GOOD
This decade is critical and truly one of transformation
CHIEF EXECUTIVE'S FOREWORD
"We progress the furthest when working together with our members, students, staff and stakeholders."
MICHAEL IZZA
CHIEF EXECUTIVE
MESSAGE FROM THE PRESIDENT
“We are in an outstanding profession and one that will continue to shape, not just our careers as members, but global economies and the future of the planet.”
JULIA PENNY
PRESIDENT
OUR HIGHLIGHTS
£141.7M
Total income
£13.6M
Net result after tax
£55.3M
Subscriptions fees and income
£124.8M
Operational income
£18.5M
Education and training income
£178.0M
Net assets
OUR VISION
ICAEW Chartered Accountants enable a world of sustainable economies
Our global community can and should be a force for good, achieving prosperity in ways which are responsible and resilient. Our members measure, advise and assure with expertise and integrity, enabling the conduct of business on a fair, transparent and accountable basis.
OUR STRATEGY
Our strategic foundations
Belonging and supporting
We support our more than 166,397 members across the world, personally and professionally. We do this through through our faculties, communities and district societies, as well as the Chartered Accountants Worldwide (CAW) network.
Education and training
We are committed to educating the chartered accountants of tomorrow, with a focus on building future business and professional leaders. We work with universities, schools and other educational establishments to support recruitment activity for employers and our commitment to social mobility.
Reputation and Influence
We apply our expertise across a wide variety of topics relating to business, the profession and national policymaking. Our work in upholding standards is also crucial to protecting the public and holding our members accountable.
Our strategic themes
Theme one
Strengthen trust in ICAEW Chartered Accountants and the wider profession
Theme two
Help to achieve the Sustainable Development Goals
Theme three
Support the transformation of trade and the economy
Theme four
Master technology and data
Theme five
Strengthen the profession by attracting talent and building diversity