Oversight Board) published information for the first time about its concerns over self-regulation by particular institutes. Press reports highlighted comments about ACCA, which had implemented recommendations to improve its examination syllabus, but needed to pay greater attention to monitoring long-time members. In 2011, 2012 and 2013 the ACCA professional body had the highest percentage of A&B (best) outcomes from FRC's Recognised Supervisory Body (RSB) visits to a sample of 'Registered UK Audit Firms'. ACCA firms tend to audit smaller and less complex clients. At the end of 2016 there were over 88,000 members and 90,000 students in the UK & Ireland. European Union (EU), European Economic Area (EEA) & Switzerland The ACCA qualification is legally recognized by all member countries of the European Union under the Mutual Recognition Directive. This recognition extends to the European Economic Area nations and Switzerland. For example, a holder of the ACCA could practice as an accountant in all member countries of the European Union, European Economic Area and Switzerland, describing himself/herself as ACCA or Chartered Certified Accountant. Access to local professional qualifications requires a separate test. At the end of 2016 there were over 16,000 members and almost 60,000 students in Europe (excluding the UK & Ireland). Turkey ACCA and the Union of Chambers of Certified Public Accountants of Turkey (TÜRMOB) signed a partnership agreement in 2004 which enables TÜRMOB members resident in Turkey to follow the ACCA Strategic Professional level and achieve ACCA membership. North America United States In June 2012, ACCA and Institute of Management Accountants (IMA) announced a strategic partnership. The two bodies joined forces to empower accountants and financial professionals to drive business performance. In January 2013, the ICMA Board of Regents, representing the certification division of IMA, voted to waive its usual bachelor's degree requirement for ACCA members wishing to earn IMA's Certified Management Accountant (CMA) credential. The bachelor's degree waiver will allow all ACCA members around the world, regardless of background, access to IMA's CMA credential. This is a benefit to ACCA members who wish to have a US-based credential. There is no mutual recognition between ACCA and the American Institute of Certified Public Accountants (AICPA)/National Association of State Boards of Accountancy (NASBA). At the end of 2016 there were 2,015 members in the US. Canada ACCA announced a Mutual Recognition Agreement with Certified General Accountant (CGA Canada) effective from 1 January 2007; renewed in 2011 for a