The Caribbean Organization of Supreme Audit Institutions (CAROSAI) was established on August 7, 1988, for the purpose of strengthening public sector accountability through the promotion and enhancement of exchanges and cooperation among participating member institutions. The organization facilitates these exchanges through the convening of congresses, workshops and seminars which are designed to:

(a) promote the importance of the internal audit function amongst public sector entity professionals;

(b) increase the exchange of knowledge and experiences among members;

(c) provide training and continued professional development opportunities;

(d) promote the harmonization of policies, auditing practices and standards;

(e) strengthen cooperation among member institutions

In addition to the key function of training, CAROSAI is also responsible for:

1. The establishment of committees to study specific subjects and to provide recommendations thereon;

2. The promotion of research and publication of articles in relation to auditing;

3. The leveraging of donor funding to support countries in the implementation of their programme

CAROSAI is an affiliate of the International Organization of Supreme Audit Institutions (INTOSAI). The Secretariat is located in Castries, St Lucia.