- To implement studies in order to set concepts, principles and accounting procedures

- To propose changes to the Official Chart of Accounts (POC)

- To issue accounting guidelines and technical interpretations

- To express opinion about accounting standard drafts and charts of accounts of commercial and industrial segments of economy

- Answer questions about uses of POC and accounting guidelines interpretations

- To co-operate with other national entities of accounting standardisation

- To represent the Portuguese Government in foreign accounting meetings and in the European Union accounting meetings

- To promote the implementation of the Portuguese accounting standards