MIPA was established in January 2005 under the Financial Reporting Act 2004 to regulate the accountancy profession, comprising Professional and Public Accountants in Mauritius. Membership in MIPA is mandatory for all qualified individuals in order to provide services relating to accounting, auditing, taxation, management consulting and financial management in Mauritius. In addition to being a Member of IFAC, MIPA is member of the Pan African Federation of Accountants.