The Institute of Cost and Executive Accountants Benevolent Association (ICEA)
The Institute of Cost and Executive Accountants Benevolent Association (ICEA) started off as the Institute of Industrial and Commercial Accountants back in 1939. In 1958 it was incorporated as a company limited by guarantee on the 25th November, 1958 and adopted its present name with the approval of the Department of Trade & Industry on 10th June 1995. The Coat of Arms and badge were granted to the Institute in 1988 by Her Majesty the Queen, through her Kings of Arms at the College of Arms.
The Institute is a professional and examining body representing Cost and Executive Accountants. It promotes the study and adoption of scientific methods in industrial and commercial enterprise, local government, public service and internal audit streams. The Institute is the only accounting body which provides training to produce financial decision-makers and teaches management auditing.
There are two grades of membership, Fellows and Associated, who are entitled to designate themselves as "Incorporated Executive Accountant" and to use the letters FCEA and ACEA respectively. The institute's examinations are held twice a year in the UK and abroad.
