Chartered accounting is a professional designation for accountants who have completed specific education and training requirements, often including a degree in accounting and practical experience. These professionals are recognized for their expertise in financial reporting, auditing, taxation, and business advisory services. In many countries, such as the United Kingdom and Canada, chartered accountants are members of professional bodies, like the Institute of Chartered Accountants. They must adhere to strict ethical standards and continue their education to maintain their certification, ensuring they stay updated on financial regulations and practices.