Skill, professionalism and honesty are essential attributes in any profession, as is the need to serve the wider public interest. It is the duty of the Institute to safeguard these values.

The Institute is governed by a Council of fourteen members drawn from all spectrums of the profession. Its work is shared with a number of committees and with the Institute's own permanent secretariat, and covers the following:

Education - This activity accounts for a large part of the work of the Institute. It covers the management of student affairs, the continual updating of syllabi, the holding of the Institute's courses and the setting and correction of examination papers.

Professional - Different committees deal with accounting and auditing standards, ethical rules and continuing professional education. As CPE requirements have now been formalised, the Institute holds regular seminars and these are well attended.

Discipline - Investigative and disciplinary proceedings are handled by separate committees comprising senior members of the profession. Proceedings are normally initiated following complaints received from members or from the general public.
More information on the above matters can be obtained from the Institute upon request.