The ICAC Elects A New Board Of Directors
The  Institute  of  Chartered  Accountants  of  the  Caribbean  wishes  to  announce  the  election  of  its Board of Directors for the upcoming term 2021 to 2023. Mr. David Simpson, Director from Barbados, has been elected as the President while Ms. Andrea St. Rose, Director from St. Lucia, has been elected as the Vice-president...
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ACCA ICAC WORKSHOP 01News Release - ACCA and ICAC Regional I & D Workshop
Regulators from professional bodies from across the Caribbean came together on Friday to attend a Regional Investigation and Discipline Workshop in Miami.
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ACCA/ICAC WORKSHOP
Adrianna McDonnell (at podium) informs participants about the regulatory framework and discipline procedures during the regional Investigation an Discipline Workshop hosted by ACCA and the ICAC on September 21 at the Miami Airport Marriott Hotel.
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2ND CIIPA & AICPA Summit For Accounting and Finance Professionals
Scheduled for December 4-5, 2018 in the Cayman Islands. Special discount available for ICAC members.
Click here for Flyer. Find full Scheduled Here

Most Caribbean Countries Have Adopted Or Are In The Process Of Implementing IPSAS According To IFAC/ICAC Study
Nearly 60% of Caribbean countries included in a recent survey have already adopted International Public Sector Accounting Standards (IPSAS) or national accounting standards based on IPSAS, and the remaining 40% are at various stages of the implementation process according to Accrual Practices and Reform Expectations in the Caribbean.. Click Here for a version of the report. Find the full News release Here.

ICAB's President to Represent CPA Canada on IFAC Committee
Mrs. Lisa Padmore, President of the Institute of Chartered Accountants of Barbados and Committee Chair, ICAC Membership Committee has been appointed to serve as CPA Canada’s representative on the IFAC’s Professional Accountancy Organization (PAO) Development Committee. The PAO Development Committee focuses on identifying solutions to challenges facing the development of strong, sustainable accounting organizations around the world…Read More.

Guyana Chartered Accountant Appointed to IFRS Foundation SME Implementation Group
The Institute of Chartered Accountants of the Caribbean (ICAC) congratulates Rakesh Latchana, Partner at Ram & McRae, a firm of Chartered Accountants in Guyana, on his appointment as one of 11 new members on the International Accounting Standard Board (IASB) Small and Medium-sized Entities Implementation Group (SMEIG) effective July 2016. Read More.

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With a network of over 4,000 professionals, the ICAC is the region's leading organization dedicated to advancing the interest of accountants within the Caribbean..... Read More

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Jamaica W.I.
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Skype: ICAC Admin

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Board of Directors

kalilDavid Simpson

ICAC President
2021 - 2023

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DsimpsonAndrea St. Rose

VICE PRESIDENT
2021 - 2023

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Mr. Sixto Coy – Jamaica

Mr. Gowon Bowe -The Bahamas

Mr. Claude Burrell – Belize

Mrs. Pramila Persaud – Guyana

Mr. Michael Lutchman - Suriname

Mrs. Denise Chinpire O’Reilly -Trinidad & Tobago

 

Alternate Directors

Mr. Diveane Bowe - Bahamas

Ms. Darshani Workman - Barbados

Mr. Brett Feinstein - Belize

Mr. Erwin Southwell - Eastern Caribbean

Mr. Vishwamint Ramnarine - Guyana

Ms. Allison Peart - Jamaica

Mr. Hans Girjasing - Suriname

Mr. Dwayne Rodrigues-Seijas - Trinidad & Tobago

 

Representatives – Affiliate Members

Mrs. Nancy Foran - CPA Canada

Mr. Tommaso Scali - CIPFA

Mr. Jim Knafo - AICPA

Mrs. Shelly-Ann Mohammed -ACCA

 

Representatives - Associate Member

Mr. Nick Haywood - Turks & Caicos Islands

The Institute of Chartered Accountants of the Caribbean in collaboration with the International Federation of Accountants hosted its annual Consultative Meeting & Capacity Building Workshop for the leadership of Professional Accountancy Organisations (PAOs) in the Caribbean on June 23, 2016 at the Radisson Fort George Hotel in Belize.

PresidentThe workshop provided an opportunity for PAO representatives from the Caribbean region and other key stakeholders to provide input for a draft action plan that will form the basis of a capacity building project to support the accountancy profession in the region. It also provided a platform for knowledge sharing among the participants.

This year’s event was a follow-up to the PAO Capacity Building Workshop held in The Bahamas in April 2016, at which representatives of the accountancy profession in the Caribbean discussed the challenges being experienced by PAOs and the role that the ICAC as a regional organization can play in supporting its members.

Participants were consulted through a pre-workshop survey and during the session, discussed activities the ICAC could undertake as priority to support its member bodies. The results of the consultation held in April 2016 and a draft action plan to support the development of the accountancy profession in the region, were presented at the meeting.

Lady55The event also facilitated discussions and the sharing of information on two key Statements of Membership Obligations (SMOs): SMO 1 – Quality Assurance and SMO 6– Investigation & Discipline. ICAC President, Jasmine Davis, in her opening remarks, called on PAOs in the Caribbean to work closer together in the pursuit of stronger linkages and to ensure the promotion of a robust compliance culture within the regional accountancy profession.

She also urged ICAC member bodies (PAOs) to "work as a region" and use "the power of collaboration" to strengthen the profession.

“It has been recognized that forging strong regional linkages through greater collaboration and partnerships, is an important driver for strengthening PAOs and the accountancy profession in the Caribbean region.

In addition, a regional approach encourages collaborative partnerships and the sharing of best practices which are effective resources and may offer tools to foster the growth and development of the accountancy profession,” she stated in her call for greater collaboration among PAOs Presenters included Darlene Nzorubara, Technical Manager at IFAC and Sha Ali Khan, Director-Regulatory Development, ACCA, who spoke on “Addressing the requirements of SMO 1 and SMO 6: Key Challenges, Lessons Learned and Successes from a global perspective.” Ms. Nzorubara also delivered a presentation on, “Exploring the opportunities for the accountancy profession in the Caribbean Region: Survey Results and regional action plan.”

NzorubaraRepresentatives of ICAC member bodies also shared their experiences concerning the challenges of implementing SMO1 and SMOs and the steps taken by the local PAOs to ensure effective investigations and disciplinary procedures within their respective jurisdictions. The panel comprised Dennis Chung, Past President & Council Member, ICAJ; Pria Narinesingh, President, ICATT; Erwin Southwell, Vice President, ICAEC and Khalil Alli, Secretary, ICAC & Director, Guyana. The event attracted over 25 participants and was lauded by attendees for the benefit of shared experiences and best practices.

Caption for above Images: ICAC President, Jasmine Davis and IFAC Technical Manager, Darlene Nzorubara speak on the opportunities for the accountancy profession in the Caribbean and the draft regional action plan, during the Annual Consultative Meeting of Regional Professional Accountancy Organisations (PAOs) & Capacity Building Workshop hosted by the ICAC in collaboration with the International Federation of Accountants (IFAC) in Belize in June. 

PAOs6Representatives from professional accountancy organisations (PAOs) in the Caribbean, share their experiences and challenges with implementing SMO 1 and SMO 6 during the Consultative Meeting & Capacity Building Workshop hosted by the ICAC in collaboration with IFAC in Belize in June.

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