Mongolian Institute of Certified Public Accountants
Member | Established: 1996 | Member since 2012
The MonICPA was established in 1996 to represent Certified Public Accountants (CPA). The Law on Accounting establishes the responsibilities of MonICPA, which include implementing initial and continuing professional development requirements for CPAs; establishing ethical requirements for its members; translating and contributing to the adoption and implementation of international accounting and auditing standards; providing guidelines and materials to support the audit firms; and revoking the CPA credentials of auditors who breach the MonICPA Code of Ethics and applicable auditing standards. MonICPA also operates an investigative and disciplinary system for its members and its procedures is outlined within the institute’s Code of Ethics. In addition to being a member of IFAC, the MonICPA is a member of the Confederation of Asian and Pacific Accountants.
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Methodology
Last
updated: 04/2020
We welcome feedback. Please email membership@ifac.org
Status of Fulfillment by SMO
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.
Contact
Chingeltei District
3rd Khoroo
Ulaanbaatar-44
Mongolia
Tel: 976-70007888
info@monicpa.mn; enkhtes@monicpa.mn
http://www.monicpa.mn