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One of the initial difficulties faced by the Council of the ICAEW was the task of persuading its members to describe themselves as "chartered accountants", so as to be distinguishable from other "accountants" or "public accountants", and to use the correct designatory letters.
Such Affiliates do not have the right to use any designatory letters, cannot register via the IED with the Engineering Council and do not have access to exclusive Member benefits such as IP advice, access to the legal advice helpline, special rates for courses and so on.
Meanwhile, Mr Rogers claimed that Mr Roberts, a retired estate agent was "not fit" to chair the development overview committee because he had been using designatory letters of the National Association of Estate Agents after his name on council headed notepaper which "you were not entitled to".
Under the consolidation proposals, the ICAEW ( and the other two Institutes ( will retain their existing qualifications and designatory letters.
Existing members of all three bodies will be entitled to keep their current designatory letters and titles.
An MBA is considered to be a premium qualification, but most students don't seem to worry about what the degree offers, as long as they can put those three designatory letters after their names.
The financial benefits of holding the designatory letters CEng have recently been proved in the Institution of Chemical Engineers' (IChemE) Salary Survey 2008.
Once they have completed their training contracts, all will be eligible for associate membership of the Institute, entitling them to use the designatory letters `ACA' after their name.
More than 3,000 new members qualify each year for the Institute's qualification, which allows members to call themselves chartered accountants and to use the designatory letters ACA or FCA.
The right to use designatory letters after their names as active CIMA Business School members.
You don't simply earn your designatory letters for life; you continue to show your professionalism by studying the fundamentals of business ethics and by adhering to CIMA's code of ethics throughout your career.