ONECCA-Togo was established following the adoption of the Act of Parliament 2001-001 on January 23, 2001, which implemented the West African Economic and Monetary Union (WAEMU) Directive N.04/97/CM/UEMOA of November 2, 1997. ONECCA-Togo’s membership is comprised of Chartered Accountants and Certified Accountants and membership is mandatory for all professional accountants in the country. According to the law, ONECCA-Togo is required to (i) register all accountancy professionals (individuals and firms); (ii) improve the quality of accounting and financial information; (iii) set ethical requirements for members; (iv) promote fair accounting practices and compliance with international standards; (v) establish an investigation and discipline framework for members; (vi) establish a quality assurance review system; and (vii) enforce initial professional development requirements and establish continuing professional development requirements for members. The law also states the rights and responsibilities of members. Furthermore, it authorizes the Ministry of Finance to supervise ONECCA-Togo’s activities. In addition to being an Associate of IFAC, ONECCA-Togo is a member of the Pan-African Federation of Accountants, the Association of Accountancy Bodies in West Africa, and the Fédération Internationale Des Experts-Comptables Francophones.