The ICAS constitution comprises of the Royal Charter, a Supplementary Charter and the Rules and Regulations that govern all members.
ICAS was established by Royal Charter in 1854, which was amended by a Supplementary Charter in 1951. The Charters are high-level constitutional documents that narrate the origin, objectives and powers of ICAS.
The Charters are in turn supported by ICAS Rules, which are agreed by the Privy Council. The Charters state that the Rules shall be duly kept, observed and obeyed.
The Royal Charter and Supplementary Charter
The Royal Charter and Supplementary Charter provided here consist of:
- the original Charter of 1854 granted to The Society of Accountants in Edinburgh.
- the Supplementary Charter of 1951 (when The Society of Accountants in Edinburgh, The Institute of Accountants and Actuaries in Glasgow, and The Society of Accountants in Aberdeen joined together as The Institute of Chartered Accountants of Scotland).
- additional amendments, which were made in 1992, 2006 and 2012.