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ACCA wins fourth award

23 Apr 2007

ACCA has won its fourth Queen's Award for Enterprise, this time in the category of International Trade, in recognition of its significant achievements in global business.

This prestigious Award was conferred to ACCA on the Queen's birthday on Saturday 21 April.

The Queen's Award for Enterprise is the UK's most influential annual accolade for business success and allows winning companies to use the coveted Queen's Award emblem for five years.

Allen Blewitt, ACCA's chief executive, said: 'This is a tremendous tribute which recognises ACCA’s international business success and achievements. It acknowledges formally our impressive growth since we last achieved a Queen's Award for International Trade in 2001.

'The last six years have been challenging, but our robust strategy means we have managed to expand internationally while ensuring high standards and boosting the development of the accountancy profession around the world. We have placed innovation at the core of our business and progress has been particularly strong for ACCA in south east Asia, Africa and Central and Eastern Europe.'

In its submission for The Queen's Award, ACCA showed the assessors that:

• ACCA had over 250,000 members and students in 2001, but by the end of 2005, that figure had grown to over 370,000 and continues to grow.
• ACCA's growth in key international markets also continues swiftly, with 13 out of its top 20 markets experiencing growth rates in excess of 50 per cent from 2000 to 2005.

As a global professional accountancy body, ACCA was also able to illustrate how it achieved significant success in a climate of increased competition since 2000, including building business capacity in a wide range of countries including China, Vietnam, Cyprus and Trinidad and Tobago.