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Before you make a final decision about resigning there may well be options and benefits that you might not be aware of.
If your circumstances have changed and you are concerned about affordability, for example, you may be eligible for a reduced subscription rate or qualify for life membership.
The Members Information Team will be able to talk though your particular circumstances and discuss all your options.
Implications of resigning your designation
Leaving ICAEW membership means you are unable to keep your designatory letters or call yourself an ICAEW Chartered Accountant – something you worked hard to achieve.
Access to member benefits will also be withdrawn, including:
- Free, confidential support on technical, ethical or personal issues.
- ICAEW’s world-class library and elibrary services.
- Career support services.
- Communities that keep you connected.
- Access to technical content from ICAEW's Audit and Assurance, Corporate Reporting and Tax Faculties.
- Access to Bloomsbury Professional's online resources on tax, accounting and financial reporting.
- Exclusive discounts and special offers.
- Your subscription to ICAEW Quarterly.
- Regular email alerts tailored to your sector and role.
- Find a chartered accountant online directory.
Also, please note that if you resign and then wish to resume your membership in the future, there may be additional charges and CPD requirements.
Next steps
If after speaking to our membership team you still believe that resigning is the best option for you, then you must do so by completing an online form.
In your resignation, we would ask you to share the reasons behind your decision. Member feedback often helps us develop new support initiatives.
To avoid paying a subscription for the year, please ensure we receive your resignation before 31 January. If a request for resignation is received after 31 January, then the year’s subscription fee is still required.
Please note: Resignation requests cannot be back dated.
After resigning
Once your membership has ceased, you will no longer be able to refer to yourself as a chartered accountant or use the designatory letters ACA or FCA after your name.
You must ensure all personal information is updated accordingly. You will need to consider:
- Business cards
- Letterheads
- Online profiles such as LinkedIn
- Your CV
Any mention of your prior qualification or membership, should make clear to any reader or future employer that you are not a current chartered accountant.
Returning to membership
After resigning if you wish to reapply for membership in the future, please be aware there may be additional charges and CPD requirements associated with this.
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If you have any questions or need any more support please get in touch with our Members Information Team.
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