diff --git a/opacus/accountants/__init__.py b/opacus/accountants/__init__.py
index 4cc0dae0..dc87e42d 100644
--- a/opacus/accountants/__init__.py
+++ b/opacus/accountants/__init__.py
@@ -16,21 +16,14 @@
 from .gdp import GaussianAccountant
 from .prv import PRVAccountant
 from .rdp import RDPAccountant
+from .registry import create_accountant, register_accountant
 
 
 __all__ = [
     "IAccountant",
     "GaussianAccountant",
     "RDPAccountant",
+    "PRVAccountant",
+    "register_accountant",
+    "create_accountant",
 ]
-
-
-def create_accountant(mechanism: str) -> IAccountant:
-    if mechanism == "rdp":
-        return RDPAccountant()
-    elif mechanism == "gdp":
-        return GaussianAccountant()
-    elif mechanism == "prv":
-        return PRVAccountant()
-
-    raise ValueError(f"Unexpected accounting mechanism: {mechanism}")
diff --git a/opacus/accountants/registry.py b/opacus/accountants/registry.py
new file mode 100644
index 00000000..c0c23405
--- /dev/null
+++ b/opacus/accountants/registry.py
@@ -0,0 +1,67 @@
+# Copyright (c) Meta Platforms, Inc. and affiliates.
+#
+# Licensed under the Apache License, Version 2.0 (the "License");
+# you may not use this file except in compliance with the License.
+# You may obtain a copy of the License at
+#
+#     http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing, software
+# distributed under the License is distributed on an "AS IS" BASIS,
+# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+# See the License for the specific language governing permissions and
+# limitations under the License.
+
+from typing import Dict, Type
+
+from .accountant import IAccountant
+from .gdp import GaussianAccountant
+from .prv import PRVAccountant
+from .rdp import RDPAccountant
+
+
+_ACCOUNTANTS: Dict[str, Type[IAccountant]] = {
+    "rdp": RDPAccountant,
+    "gdp": GaussianAccountant,
+    "prv": PRVAccountant,
+}
+
+
+def register_accountant(
+    mechanism: str, accountant: Type[IAccountant], force: bool = False
+):
+    r"""
+    Register a new accountant class to be used with a specified mechanism name.
+
+    Args:
+        mechanism: Name of the mechanism to register the accountant for
+        accountant: Accountant class (subclass of IAccountant) to register
+        force: If True, overwrites existing accountant for the specified mechanism.
+
+    Raises:
+        ValueError: If the mechanism is already registered.
+    """
+    if mechanism in _ACCOUNTANTS and not force:
+        raise ValueError(f"Accountant for mechanism {mechanism} is already registered")
+
+    _ACCOUNTANTS[mechanism] = accountant
+
+
+def create_accountant(mechanism: str) -> IAccountant:
+    r"""
+    Creates and returns an accountant instance for the specified privacy mechanism.
+
+    Args:
+        mechanism: Name of the privacy accounting mechanism to use.
+
+    Returns:
+        An instance of the appropriate accountant class (subclass of IAccountant)
+        for the specified mechanism.
+
+    Raises:
+        ValueError: If the specified mechanism is not registered.
+    """
+    if mechanism in _ACCOUNTANTS:
+        return _ACCOUNTANTS[mechanism]()
+
+    raise ValueError(f"Unexpected accounting mechanism: {mechanism}")
diff --git a/opacus/tests/accountants_test.py b/opacus/tests/accountants_test.py
index 5871f190..16523294 100644
--- a/opacus/tests/accountants_test.py
+++ b/opacus/tests/accountants_test.py
@@ -19,13 +19,77 @@
 from hypothesis import given, settings
 from opacus.accountants import (
     GaussianAccountant,
+    IAccountant,
     PRVAccountant,
     RDPAccountant,
     create_accountant,
+    register_accountant,
+    registry,
 )
 from opacus.accountants.utils import get_noise_multiplier
 
 
+class AccountantRegistryTest(unittest.TestCase):
+
+    class DummyAccountant(IAccountant):
+        def __init__(self):
+            pass
+
+        def __len__(self):
+            return 0
+
+        def step(self, **kwargs):
+            pass
+
+        def get_epsilon(self, **kwargs):
+            return 0.0
+
+        def mechanism(cls) -> str:
+            return "dummy"
+
+    class Dummy2Accountant(DummyAccountant):
+        pass
+
+    def test_register_accountant(self) -> None:
+        try:
+            register_accountant("dummy", AccountantRegistryTest.DummyAccountant)
+            self.assertIsInstance(
+                create_accountant("dummy"), AccountantRegistryTest.DummyAccountant
+            )
+            self.assertEqual(create_accountant("dummy").mechanism(), "dummy")
+        finally:
+            if "dummy" in registry._ACCOUNTANTS:
+                del registry._ACCOUNTANTS["dummy"]
+
+    def test_create_accountant_not_registered(self) -> None:
+        with self.assertRaises(ValueError):
+            create_accountant("not_registered")
+
+    def test_register_existing_accountant(self):
+        try:
+            register_accountant("dummy", AccountantRegistryTest.DummyAccountant)
+
+            with self.assertRaises(ValueError):
+                register_accountant("rdp", AccountantRegistryTest.DummyAccountant)
+        finally:
+            if "dummy" in registry._ACCOUNTANTS:
+                del registry._ACCOUNTANTS["dummy"]
+
+    def test_force_register_existing_accountant(self) -> None:
+        try:
+            register_accountant("dummy", AccountantRegistryTest.DummyAccountant)
+
+            register_accountant(
+                "dummy", AccountantRegistryTest.Dummy2Accountant, force=True
+            )
+            self.assertIsInstance(
+                create_accountant("dummy"), AccountantRegistryTest.Dummy2Accountant
+            )
+        finally:
+            if "dummy" in registry._ACCOUNTANTS:
+                del registry._ACCOUNTANTS["dummy"]
+
+
 class AccountingTest(unittest.TestCase):
     def test_rdp_accountant(self) -> None:
         noise_multiplier = 1.5