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Mongolian Institute of Certified Public
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Accountants (MonICPA)
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MonICPA is a non-state organization. It was originally formed on the 9 th of
March 1996 upon the official registration at the Ministry of Justice.
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The main purposes of the Institute are as follows:
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1.To formulate and strengthen structure for and legal core
of accounting and auditing activities throughout the country
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2.To support central government agencies in setting,
adopting and implementing accounting and auditing standards
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3.To protect interests of CPAs and auditing firms by the
way of improving reputation of audit engagements among the
public
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4.To make CPAs and audit firms strictly observe the Code of
professional conduct
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5.To develop accounting and auditing
profession
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6.To carry out research on accounting and auditing-related
topics, provide its members with comprehensive information and
meet their training needs.
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