Association under Swiss law promoting the interests of International Certified Professional Accountants on the worldwide web this


The International Institute of Certified Professional Accountants® is an Association (Verein) formed under Swiss law by Michael Schemmann, PhD, CPA, ICPA, professional international banker, Professor & Chair of Accounting emeritus, as Managing Director on his own behalf, and the Institute of Certified Public Accountants ( established by him in 2003 and incorporated in the State of Delaware, United States in 2008.

The IICPA Verein and associated organizations are supported from time to time by the experienced counsel of James M. Wood, II, PhD, MA, ICPA, CPA-inactive, Professor and Chair of Accounting & Finance emeritus, and other practicing professionals and academics.

Appointment & licensing

The Institute appoints and licenses qualified accounting professionals to lifetime ICPASM, ICPA Professional®, International Certified Professional AccountantSM designation holders by one of the following paths:

  •  (1) IICPASM Uniform Final Examination at participating International Schools of Business — see Letter to Schools — of Business dated 19 Nov 2016,
  •  (2) Certified full membership in accomplished professional accounting organizations by way of Standard Application Form
  •  (3) Professional achievements and standing in the international business community — honorary appointments; eg, CFO and members of elite global councils and networks — List (file number including the letter "H" denoting honorary)
  •  (4) Academic qualification and teaching experience   academic appointments; eg, chairs of acocunting &/or finance at accredited Schools of Business.
  • The ICPA, ICPA PROFESSIONAL® International Certified Professional AccountantSM designations and licenses are uniform, that is, they do not distinguish between the particular paths to appointment and licensing.

    The Institute's members are the two founding members. Accomplished professional accouting organizations are invited to join the IICPA as non-voting associates.


    The Institute promotes the ICPA and ICPA PROFESSIONAL® global unified titles for International Certified Professional Accountants worldwide, including CA, CFA, CPA, CGMA, CMA, WP, StB, EA, FAIA, IFA, etc. who are examined and certified full members of national and regional government-licensed or recognized professional Institutes and Associations (see List); and for successful candiates of the of the IICPA Uniform Final Examination of participating international schools of business.

    The Institute stives to develop dynamic forward-looking financial accounting and reporting standards for commerce and industry, and a return to sound fundamental accounting and reporting principles for monetary financial institutions to safeguard the economic well-being of the nation.


    Resistance to change is pervasive. John Maynard Keynes famously argued that what prevents society from creating positive futures is not a shortage of good ideas but our inability to let go of the past.

    Today, financial accounting and reporting is through the rear-view mirror. The Institute joins its associated institute in promoting new forward-looking and dynamic (instead of static) financial accounting, auditing and reporting standards to enable and assist creditors, lenders, regulators, the financial markets and the public to make prudent investment decisions. The Institute intends to establish itself by creating a professional and academic presence — a think tank, policy and research Institute in cooperation with participating professional accounting institutes and international universities — from center in Basel, Switzerland.

    International Institute of Certified Professional Accountants® is protected by US PTO Trademark Registration Number 5000450 registered 19th May 2016. ICPA PROFESSIONAL® is protected by US PTO Trademark Registration Number 5039981 registered 28th June 2016, and by International Registration Number 1324976 registered on 19th November 2016; further U.S. and international registrations are pending.

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    Last updated 2017-05-08