ONECCA-Senegal was established by Senegalese Law 2000-05 in January 2000, pursuant to a Community Directive issued in September 1997. Its membership comprises Certified Accountants and Chartered Accountants. Membership in the institute is mandatory and only Chartered Accountants registered with ONECCA-Senegal are permitted to offering audit services. ONECCA-Senegal is responsible for: (i) maintaining a register of Chartered Accountants and Certified Accountants; (ii) licensing qualified members to practice auditing; (iii) monitoring compliance with technical standards; (iv) setting ethical requirements for its members; (v) establishing an investigative and disciplinary system; (vi) implementing initial professional development requirements; (vii) setting continuing professional development requirements; and (viii) monitoring conduct and performance of members, including quality assurance reviews of all audits and services carried out by members. Law 2000-05 stipulates that the institute’s activities are subject to the oversight and supervision of the Ministry of Finance. In addition to being a member of IFAC, ONECCA-Senegal is a member of the Pan African Federation of Accountants, the International Federation of Francophone Accountants, and the Association of Accountancy Bodies in West Africa.