According to the Law No. 5/2011 of Public Accountant and the Government Regulation No. 20/2015 of Public Accountant Practices, IAPI is an independent organization and regulator of Public Accountants (Auditors). Its responsibilities include (i) implementing and setting IPD and CPD requirements for its members, for example, carrying out the Professional Public Accountant Examination; (ii) issuing audit standards to be applied by auditors; (iii) issuing and monitoring a code of professional conduct for its members; (iv) establishing an I&D for its members; and (v) establishing a quality assurance (QA) review system for its members. Membership with the IAPI is mandatory for all public accountants. In addition to being an IFAC Member, IAPI is also an associate member of the ASEAN Federation of Accountants.