FACPCE is the national voluntary PAO of a federated system, with representatives from the 24 jurisdictions in Argentina. The FACPCE represents accountants, economists, business administrators, and actuaries. FACPCE (alongside the provincial councils, which have legal authority) carries out the following regulatory activities for its members: (i) maintaining a registry of public accountants and auditors; (ii) setting accounting and auditing standards for companies that are not under financial regulators' supervision; (iii) establishing ethical standards; (iv) implementing an investigation and discipline (I&D) system; and (v) establishing and operating a quality assurance review system. FACPCE-issued standards and regulations must be adopted by the provincial professional councils in order to become applicable in their jurisdictions. FACPCE administers the Accounting and Auditing Standard-Setting Board (CENCyA), the technical and standard-setting body, where professional volunteers work through technical commissions to develop and propose technical resolutions and pronouncements for FACPCE approval. In addition to being an IFAC member, FACPCE is a member of the Inter-American Association of Accountants, the Integration Committee Europe—Latin America, and a member of the Group of Latin-American Accounting Standard Setters.