CTCP - Consejo Técnico de la Contaduría Pública

What CTCP - Consejo Técnico de la Contaduría Pública does

CTCP (Consejo Técnico de la Contadur\u00eda P\u00fablica) is the Colombian government technical normalization body for accounting standards, financial information, and information assurance, established under Law 1314 of 2009 and operating under the joint supervision of the Ministry of Commerce, Industry and Tourism (MinCIT) and the Ministry of Finance and Public Credit. Headquartered at Calle 28 No. 13 A \u2013 15 in Bogot\u00e1 with a staff of 14, CTCP's statutory role is to issue technical concepts responding to citizen consultations, develop technical orientations and pedagogical guidance, publish normative compilations, and recommend accounting and assurance standards to the supervising ministries.

The organization's core outputs are informational rather than commercial: an online concepts database dating back to 1991, 18 technical orientation documents, pedagogical guidance documents, compiled concept and normative collections, the "Al d\u00eda con el CTCP" newsletter, event presentations, and an IFRS/NIIF and NAI/IAASB standards database portal. Distribution occurs through the official government website (ctcp.gov.co), official email channels ([email protected], [email protected]), physical correspondence, social media under the MinCIT accounts, a WhatsApp channel, and the annual Gira CTCP\u2013JCC national tour across multiple Colombian cities.

CTCP is a publicly funded state entity — it does not generate commercial revenue and provides all services free of charge to Colombian public accountants, reporting entities (Groups 1, 2, and 3), and collaborating institutions including the Junta Central de Contadores, Secretar\u00eda de Hacienda Distrital, and international partners (IFAC, IFRS Foundation, GLENIF, IAASB, IESBA, ISSB). Recent output includes Decree 701 of 2026 (modifying technical frameworks for Groups 1 and 2), strategic direction toward IFRS Sustainability Standards (NIIF S), and ongoing technical committee refresh. Leadership comprises designated consejeros appointed by the President of the Republic, with current members including Wilmar Franco Franco (completed tenure January 2022), Jimmy Jay Bola\u00f1o Tarr\u00e1 (appointed January 2022), Jairo Cervera, Gabriel Gait\u00e1n Le\u00f3n, Luis Henry Moya Moreno, Fabio Orlando Tavera Oviedo, and Sandra Mu\u00f1oz.

Name

CTCP - Consejo Técnico de la Contaduría Pública

Legal name

Consejo Técnico de la Contaduría Pública

Website

https://ctcp.gov.co

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

CTCP is the Colombian government technical normalization body for accounting, financial information, and assurance standards, established under Law 1314 of 2009. It issues technical concepts, orientations, and normative guidance free of charge to public accountants and reporting entities across Colombia.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá, Distrito Especial

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Regulatory Services: CTCP functions as a government body providing technical guidance on accounting standards, assurance of information, and fiscal revisorship. Services are provided free of charge to citizens as part of public regulatory functions under Law 1314 of 2009.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

CTCP is the Colombian government technical normalization body for accounting standards, financial information, and information assurance. It issues official concepts (interpretations) on the application of NIIF/IFRS and NAI/ISA standards, publishes technical and pedagogical guidance documents, and provides recommendations to the Ministries of Finance and Commerce on accounting and assurance regulation under Law 1314 of 2009.

Product overview

CTCP is a Colombian governmental technical normalization organism that does not offer a traditional software product but rather provides a portfolio of public information services and publications. The core offerings consist of the NIIF/NAI standards database service for accessing international accounting standards, the Orientaciones Técnicas (18 technical guidance documents), the Orientaciones Pedagógicas (pedagogical guidance), the Conceptos database with official responses since 1991, Compilaciones de Conceptos and Compilaciones Normativas (consolidated reference materials), Boletines CTCP newsletters, Presentaciones (event presentations), the Calendario de Eventos (event calendar), and Comités Técnicos (technical committees). These services collectively support the accounting profession in Colombia with standards interpretation, professional guidance, and regulatory updates.

Differentiator

Problem solved

Functional benefit

Products and services

• NIIF / NAI - Biblioteca de Normas Internacionales Online database service providing access to international financial reporting standards (NIIF/IFRS) and assurance standards (NAI/IAASB) for accountants, auditors, and reporting entities in Colombia.
• Orientaciones Técnicas A collection of 18 technical guidance documents authored by CTCP addressing accounting, financial information, and assurance topics for Colombian accountants, auditors, and reporting entities.
• Conceptos CTCP Official responses issued by CTCP to citizen petitions regarding application of accounting, financial information, and assurance standards, available as a searchable archive from 1991 to present.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• IFAC (International Federation of Accountants)coreStrategic or Co-development PartnerIFAC is a global organization representing the accounting profession. CTCP maintains a connection with IFAC as part of its international engagement for accounting standards convergence.
• IFRS FoundationcoreStrategic or Co-development PartnerIFRS Foundation is the global standard setter for IFRS (NIIF) standards. CTCP collaborates with the foundation for adoption and implementation of international accounting standards in Colombia.
• GLENIF (Grupo Latinoamericano de Emisores de Normas de Información Financiera)coreStrategic or Co-development PartnerGLENIF is a Latin American group of accounting standards emitters. CTCP participates in GLENIF activities to share experiences and align with regional accounting standards developments.
• Junta Central de ContadorescoreStrategic or Co-development PartnerJunta Central de Contadores is Colombia's Central Board of Accountants. CTCP collaborates with JCC on the annual Gira (national tour) for accounting standards dissemination and hosts joint events throughout Colombia.
• Ministerio de Comercio, Industria y Turismo (Mincit)coreStrategic or Co-development PartnerMinistry of Commerce, Industry and Tourism is CTCP's supervising ministry (jointly with Ministry of Finance). CTCP operates under the administrative umbrella of Mincit and receives policy guidance from this ministry.
• Ministerio de Hacienda y Crédito PúblicocoreStrategic or Co-development PartnerMinistry of Finance and Public Credit is CTCP's supervising ministry (jointly with Mincit). CTCP submits work plans and recommendations to this ministry as per Law 1314 of 2009.
• Secretaría de Hacienda Distrital (SHD)minorStrategic or Co-development PartnerBogotá's District Treasury Secretary collaborates with CTCP on joint events (CTCP-SHD-JCC) covering topics like tax fundamentals, electronic invoicing, and accounting for property horizontal and ESAL entities.
• IESBA (International Ethics Standards Board for Accountants)coreStrategic or Co-development PartnerCTCP works on convergence of the International Code of Ethics issued by IESBA into Colombian regulations.
• IAASB (International Auditing and Assurance Standards Board)coreStrategic or Co-development PartnerCTCP collaborates with IAASB (part of IFAC) for adoption of International Standards on Auditing (NIA/NAI) in Colombia.
• ISSB (International Sustainability Standards Board)coreStrategic or Co-development PartnerCTCP is developing strategic direction for convergence toward IFRS Sustainability Standards (NIIF S), in alignment with ISSB's governance, strategy, risk management, metrics, and objectives framework.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• IASB (International Accounting Standards Board): Sets IFRS standards internationally and works closely with CTCP on adoption in Colombia. Highly comparable as a technical standard-setting body for accounting.
• GLENIF (Grupo Latinoamericano de Emisores de Normas de Información Financiera): Regional coordination body of Latin American accounting standards emitters, including CTCP. Operates a peer-level coordination function across national standard-setters in the region.
• IFRS Foundation: Global standard-setter for IFRS, with which CTCP directly collaborates on convergence of NIIF standards in Colombia. Both entities serve a standards-normalization function for accounting and disclosure frameworks.
• IESBA (International Ethics Standards Board for Accountants): Sets international ethics standards for accountants with which CTCP collaborates for convergence into Colombian regulations. Comparable as a technical standard-setting body CTCP interacts with formally.
• EFRAG (European Financial Reporting Advisory Group): European private-sector body advising on endorsement of IFRS and developing EU-specific reporting standards. Comparable to CTCP as a regional technical advisory body providing implementation guidance.
• IAASB (International Auditing and Assurance Standards Board): Sets International Standards on Auditing (ISA/NAI) globally, with which CTCP partners for adoption in Colombia. Directly comparable on the assurance standards side of CTCP's mandate.
• CPC (Comitê de Pronunciamentos Contábeis): Brazilian accounting pronouncements committee that converges Brazilian standards with IFRS. Operates the same standards-normalization role as CTCP in its jurisdiction.
• CINIF (Consejo Mexicano para la Investigación y Desarrollo de Normas de Información Financiera): Mexico's national accounting standards research and development body, structurally and functionally analogous to CTCP as a Latin American national standards convergence council.
• FASB (Financial Accounting Standards Board): U.S. private-sector accounting standard-setter with recognized jurisdictional authority over GAAP. CTCP operates a functionally analogous role for NIIF in Colombia.
• IPSASB (International Public Sector Accounting Standards Board): Develops standards for public-sector accounting and reporting, complementing CTCP's broader mandate around financial information and assurance standards.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/MincomercioCo
• YouTubeyoutube.com/mincomerciocolombia
• Facebookfacebook.com/pages/Ministerio-de-Comercio-Industria-y-Turismo/144621955578773
• LinkedInlinkedin.com/company/ctcp---consejo-t%C3%A9cnico-de-la-contadur%C3%ADa-p%C3%BAblica
• Instagraminstagram.com/mincomercioco

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CTCP - Consejo Técnico de la Contaduría Pública