The ISCP was constituted in 1997 through the merger of three professional associations. The ISCP is a voluntary professional organization, comprised of public accountants and auditors. The ISCP represents and promotes the accountancy profession, develops training activities, and promotes improvements to professional practices. In addition, the ISCP supports the adoption and implementation of international standards and regulation of the profession through its participation in the Oversight Board of the Profession of Public Accounting and Auditing. In addition to being a member of IFAC, the ISCP is a member of the Inter-American Accounting Association.