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The ICMA is accredited by the Commonwealth of Nations under the category of Civic Organisations.

Commonwealth of Nations, also known as 'The Commonwealth' , is an intergovernmental organisation of 52 sovereign states. The Commonwealth operates by intergovernmental consensus of the member states, organised through the Commonwealth Secretariat and non-governmental organisations, organised through the Commonwealth Foundation.

Accreditation to the Commonwealth is carried out by its Accreditation Committee, which is formed of a subset of member governments. Accreditation provides formal recognition and demonstrates that the organisation is committed to the values and principles of the Commonwealth, as outlined in the Commonwealth Charter. It entails adherence to a set of rights and responsibilities in representing the Commonwealth name and brand.

ICMA will work with the Commonwealth and other Commonwealth accredited organisations to advance the management accounting profession and promote the values and principles of the Commonwealth.