The CAUB, established in 1989 and ratified by Supreme Resolution Nº 209343 in 1991, unites auditors and accountants and is composed of nine departmental Colegios in the country. Membership in CAUB is required only for statutory auditors providing services for the public sector and regulated entities. The CAUB promotes the adoption and implementation of international standards, develops training activities, establishes ethical standards, investigates, and disciplines its members, and promotes improvements to professional practices. In addition to being an IFAC Member, the CAUB is a member of the Inter-American Accounting Association (AIC), the Group of Latin American Accounting Standard Setters, and the Committee of Integration for Latin Europe and America.