In Scotland, chartered accountants of ICAS bear Continuous Professional Development and abide by the ICAS code of ethics. In England and Wales, chartered accountants of the ICAEW undergo annual coaching, and are sure by the ICAEW's code of ethics and subject to its disciplinary procedures. A doctorate is required so as to pursue a profession in accounting academia, for example, to work as a college professor in accounting. The Doctor of Philosophy and the Doctor of Business Administration…