The COHPUCP was founded in accordance with Decree No. 19 of 1993 and is the professional body for public accountants. The COHPUCP is responsible for representing public accountants to the government, regulators, and universities; setting ethical standards and I&D procedures for its members; and organizing continuing professional development activities for its members. In addition, COHPUCP also participates in the standard-setting process through its representation in JUNTEC. In addition to being a member of IFAC, the COHPUCP is a member of the Inter-American Accounting Association.