Suomen Tilintarkastajat ry is a voluntary membership organization uniting Authorized Public Accountants, Authorized Auditors, and Public Sector Auditors in Finland since April 2014. All its members are certified by the Audit Oversight Unit (AOU) in accordance with the Auditing Act No. 1141 of 2015. Suomen Tilintarkastajat ry is involved in the training of auditors through a voluntary preparation program that it administers. It also conducts continuing professional development; requires its members to adhere to the IESBA Code of Ethics as issued by IESBA; and conducts investigation and disciplinary processes for its members. The association was formed as a result of a merger between two audit institutes, KHT-yhdistys and HTM-tilintarkastajat, which have integrated their operations into one association. Over 90% of all auditors from the former KHT and HTM audit institutes have joined since the merger. The association supports its members in the performance of high quality-work and helps them meet ethical and professional requirements by developing sound auditing practices including the promotion of good accounting and financial reporting standards. The association also develops and strengthens the skills of its members by providing education, information on current industry issues, and opportunities for professional dialogue and networking. Suomen Tilintarkastajat ry also owns ST-Akatemia Oy, a limited liability company which specializes in training and development for accounting professionals. In addition to being a member of IFAC, the association is a member of Accountancy Europe and the Nordic Federation of Public Accountants.