The primary objective of the CCAB is to provide a forum for the member bodies to discuss issues of common concern, and where possible, to provide a common voice for the accountancy profession when dealing with the United Kingdom government.
The CCAB was founded in 1974 by all six British and Irish professional accountancy bodies with a Royal Charter.
In the previous decade, CIMA had positioned itself as "a strong supporter and key member of CCAB".
[2] However, since the formation of the Financial Reporting Council as the regulator for accounting matters, CCAB had become more focussed on audit and therefore less relevant to CIMA members.
[4] The five remaining bodies committed themselves to ensure that the CCAB "is the sole voice for the profession on those issues which affect our combined membership.