In 2010, ACCA and the Hong Kong Institute of Certified Public Accountants (HKICPA) renewed the existing Agreement for Recognition Arrangements (ARA). The renewed agreement will be in force until 30 June 2015.

The ARA outlines the necessary steps to be followed by ACCA and HKICPA members seeking membership of the other body. The ARA covers students who enrolled in ACCA on or after 16 August, 2004 and applies to ACCA members who qualified in the UK and Hong Kong.

Transition arrangements for students who enrolled on or before 15 August 2004 have been agreed separately.