The Association of Accountants of the Republic of Latvia (Latvijas Republikas Grāmatvežu asociācija, LRGA) as professional association of accountants was founded in 1994. Currently the association unites more than 700 members, including certified professional accountants, accountants working in public practice, tax consultants, teaching staff of higher educational institutions, specialists in finance, external and internal auditors, accounting outsourcing firms and higher educational institutions and schools.