IAI was established in Jakarta on December 23, 1957. IAI is the main professional accountancy body in Indonesia. IAI is a full member of IFAC and founder of the ASEAN Federation of Accountants (AFA). As a self-funded professional accountancy organization, IAI is responsible for setting up code of ethics, accounting standards, conducting exams, and running programs for professional education. IAI organize Chartered Accountants thorough conducting examination, professional education, and code of ethics. The IAI members originate from all accounting backgrounds, including auditor, management accountants, academics, tax accountants, and public sector accountants.