VRC was established in 1988 as a voluntary membership organization for those who offer services in management accounting, financial accounting, integrated reporting, strategic control and risk management, and corporate governance. The VRC offers a designation of Registered Controller to members who successfully complete the Executive Master of Finance and Control program. It also requires continuing professional development for its members, adherence to a Code of Ethics, and maintains an I&D system to regulate its members. VRC’s members who are also members of the Koninklijke Nederlandse Beroepsorganisatie van Accountants (NBA Netherlands) may perform audits and are subject to the regulations of the NBA Netherlands. VRC is a member of IFAC and Accountancy Europe.