Fit and proper

What do we mean by 'fit and proper'?

Fit and proper relates to the character and suitability of ACA students for ICAEW membership

Criteria to consider include:

• adherence to our ethical standards, which are based on the five fundamental principles (taken from our code of ethics) of:

• integrity
• objectivity
• professional competence and due care
• confidentiality
• professional behaviour.

• adherence to professional standards and of course any relevant legislation and regulations
• behaviour in your personal as well as professional life

• You should not behave in a way that is likely to bring discredit on yourself, ICAEW or the profession of accountancy

• financial integrity

• You should be honest and reliable in your personal as well as professional financial dealings

Certain exceptional circumstances would cast doubt upon someone's integrity or suitability, for example:

• a criminal record
• a history of bankruptcy or an individual voluntary arrangement (IVA)
• failure to satisfy a judgement debt
• an adverse finding by any professional body or regulator.

For more information on the issues relating to fit and proper, please see our regulations and guidance which sets out our ethical and professional standards.

If you want to find out about topical issues and current developments in ethics, please visit icaew.com/ethics.