As provided for under Sec. 4(1) of its Act of Establishment, the mandated functions of COASCO are as follows;

     i. To provide audit services to Pre- cooperative groups, Cooperative societies; private or public companies and other organization

     ii. To provide supervision services to pre-Cooperative groups and Cooperative Societies

     iii. To formulate audit and accounting policies for adoption by Societies

     iv. To carry out research and consultancy services

     v. To monitor other audit firms which shall conduct auditing services to pre-cooperative groups and Cooperative Societies and

     vi. To do anything which may facilitate the proper services of the function of the corporation.