An association of accountants serves as a way for accounting specialists and students to give and receive support in terms of research, education, and practice. Countries such as the United States and UK have a number of accountant associations that uphold the said purposes.
One example of accountant associations in the United States is the American Accounting Association (AAA). Established in 1916, it was previously named the American Association of University Instructors in Accounting but acquired its current name in 1936. This association is an organization of volunteers interested in research and education related to accounting. Its mission is to promote global excellence in the creation, distribution, and application of accounting knowledge and skills. In addition, it maintains the values of open communication, high ethics and behavior, and the sense of community among its members.
UK on the other hand has the British Accounting Association (BAA). The BAA was founded in 1947 and is an organization in the United Kingdom that brings together individuals who are highly interested in research and education in finance and accounting. At present, the association has approximately 780 members, most of whom working in educational institutions in UK. Other groups of members consist of reputable private individuals, representatives from major accounting firms, and people working in other countries. The main objective of the BAA is to development of knowledge and understanding of accounting through enhancing the quality of education. Furthermore, it aims to support research and advocacy through organizing conferences and discussion forums and building a network of competent educators and practitioners.
