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The Council is the governing authority of the Institute which is made up of eleven (11) Professional Accountants all of whom are members of the Institute. Four of the Council members are usually appointed by Government in the election year, while the remaining seven (7) members are elected into office through a voting procedure in which all members participate at an Annual General Meeting.

The Council, headed by a President, holds office for a two-year period. A new Council was elected in July 2016 at an Annual General Meeting. Their tenure of office is from 2016-2018.

The Council members includes:

Mr. Christian Sottie
President
Mr. Kwasi Asante
Vice President
Prof. Kwame Adom Frimpong
Member
Dr. Williams Atuilik
Member
Ms. Sena Dake
Member
Mr. Seidu Kotomah
Member
Ms. Rebecca Lomo
Member
Mr. Richard Q. Quartey
Member
Mr. Kwabena Ntiamoah
Member
Mr. Kwasi Gyimah-Asante
Member