The Compliance Advisory Panel (CAP) oversees and provides advice to IFAC Compliance staff regarding the implementation and operation of the IFAC Member Body Compliance Program, recommendations to the IFAC Board about membership applications, and collaboration with Regional Organizations and Accountancy Groupings.

The Member Body Compliance Program is the responsibility of the IFAC Compliance staff, reporting to IFAC’s chief executive officer. As one of IFAC's public interest activities, the CAP is overseen by the Public Interest Oversight Board (PIOB). The CAP’s Terms of Reference further describe its role and responsibilities. The CAP operating procedures document provides an overview of CAP and Compliance staff procedures with regard to key elements of the program.