The Latvian Association of Certified Auditors (LACA) is an independent professional corporation that was founded in 1994 according to the Law on Certified Auditors. Presently LACA incorporates 168 certified auditors and 131 firms of certified auditors.

The aim of LACA is to facilitate the development of audit profession on the national level and to ensure that the firms of certified auditors operate according to the International Standards on Auditing. LACA is a member of the International Federation of Accountants (IFAC) and its operations are based on the statutes of IFAC members that are equally binding for all professional auditors all around the world. At the same time LACA is a member of the Federation of European Accountants (FEE) and within this framework it participates in elaboration of laws and regulations for professional accountants.

In its everyday operations LACA provides translations of the International Standards on Auditing, provides training for certified auditors, quality control of audit engagements and maintains the system for disciplinary processes. LACA represents the interests of its members at the level of national and municipal institutions as well as local and international organisations.

LACA actively works not only in the field of audit but also contributes to aligning the system of financial reporting in Latvia with the best practices of accounting and financial reporting.