As the regulatory body for the accountancy profession in Malaysia, the Institute is responsible to ensure that the credibility of the profession is maintained and public interest is upheld. The Institute, through its enforcement mechanism, uses the statutory powers accorded under the Accountants Act, 1967 to impose sanctions in an effort to further raise the standard of professional conduct of members.

The Investigation Committee (IC) of the Institute is a statutory committee established under Section 19(a) of the Accountants Act 1967 (Act) to investigate complaints against members and where justified to refer these complaints to the Disciplinary Committee (DC). Each complaint is investigated and assessed objectively in line with natural justice.