Institute of Chartered Accountants of Sierra Leone

The ICASL was established under the ICASL Act of 1988 and its membership is comprised of Chartered Accountants who, after receiving a practicing certificate from the institute, are the only individuals authorized to conduct audits in the jurisdiction. The ICASL Act authorizes the institute to: (i) establish initial and continuing professional development requirements for professional accountants; (ii) establish ethical requirements and financial reporting standards; (iii) establish a quality assurance mechanism and investigative and disciplinary procedures to monitor and enforce compliance with standards; (iv) issue practicing certificates and register auditors; and (v) promote the collective interest of its members. In addition to being a member of IFAC, ICASL is a member of the Association of Accountancy Bodies in West Africa and the Pan African Federation of Accountants.