The institute is known as "THE BRUNEI DARUSSALAM INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS". BICPA is a Non-Profit Organisation established in 1987, managed and run through the voluntary service of a group of professionally qualified accountants.

The principal activity of the Institute is to provide an entity for accountants to support and advance the status and interest of the accountancy profession in line with the aims and objectives of the Government of His Majesty the Sultan dan Yang Di-Pertuan Negara Brunei Darussalam.

The membership of the Institute fall under the following categories: Honorary, Associate, Affiliate and Provisional.

Under BICPA, BICPA Academy Sdn Bhd is formed to support BICPAs objective of cultivating local accountancy talents by providing professional education in accountancy.