ICAEW ANNUAL REPORT AND FINANCIAL STATEMENTS 2025
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2025 was a defining year
CHAIR OF THE BOARD'S FOREWORD
"In 2025 ICAEW set its sights on meeting the demands of a new global environment and future-proofing the profession."
PETER WYMAN FCA
CHAIR OF THE BOARD
CHIEF EXECUTIVE'S FOREWORD
"2025 was a defining year for ICAEW, one in which we began a significant period of transformation while staying true to the strengths and values that define our profession."
ALAN VALLANCE FCA
CHIEF EXECUTIVE
MESSAGE FROM THE PRESIDENT
"It has been a privilege as ICAEW President to visit our members across the world and hear their insights and experiences."
DEREK BLAIR FCA
PRESIDENT
OUR FINANCIAL AND OPERATIONAL HIGHLIGHTS
£149.1M
Total operating income
£2.0M
Net result after tax
£65.3M
Fees and subscriptions income
£32.7M
Learning income
OUR STRATEGY
As ICAEW approaches its 150th anniversary in 2030, we’re setting our sights firmly on the future, building on our legacy of past achievements and re-energising our institute.
Our strategic initiatives
Strategic initiative one
We provide members and students with world-leading education and learning content for future success.
Strategic initiative two
We understand member needs and provide appropriate personalised solutions.
Strategic initiative three
We lead conversations on issues that matter for the profession and business.
Strategic initiative four
We reinforce our role as an internationally recognised institute through targeted presence and engagement.
Strategic initiative five
We help members and member firms to maintain high professional standards and hold them to those standards.
Past annual reports
You can access our past annual reports in our digital archive.