| Objectives
The Institute of Chartered Accountants of the
Caribbean (ICAC) was established under the laws
of Jamaica and incorporated as a company on
October 28, 1988.
The
objectives of the ICAC are to:
-
promote internationally acceptable standards
of best practice within the region.
- foster
a strong, cohesive and self regulated regional
Accountancy profession.
-
implement and coordinate a regional monitoring
programme in collaboration with reputable
providers.
-
promote an institutional framework under the
umbrella of territorial institutes within
which individual Accountants may associate
and participate for mutual professional and
fraternal benefit.
-
standardise the qualification entry requirement
and rules of professional conduct among member
Institutes and
- provide
leadership on emerging issues as they affect
the accounting profession in the region.
Strategic Goals
The
priority goals of the ICAC as articulated in
our 2001-2005 Strategic Plan are:
1.
The institution of a Regional Peer Review/Monitoring
system;
2. The harmonization of Continuing Professional
Education Policies;
3.
Partnering in joint CPD seminars with the Association
of Certified Chartered Accountants, the International
Federation of Accountants (IFAC) and the Certified
General Accountants Association of Canada (CGA);
4.
Endorsing and promoting throughout the Caribbean,
seminars held under the aegis of territorial
institutes, whether hosted solely or jointly
with Affiliates;
5.
Encouraging the adoption of International Auditing
Standards Audit (IAS) and International Auditing
Standards (IAS) among member territories and
6.
The standardisation of qualification requirements
for membership. |
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