Youri Kemp Senior Business Reporter youri@nasguard.com Bahamas Institute of Chartered Accountants (BICA) President Pretino Albury said the increase in the fiscal deficit during the first quarter of 2024 highlights key areas that require targeted action, and speaks to the ongoing fiscal pressures the government is facing. Albury, in an emailed message to Guardian Business queries […]
“The Central Bank of The Bahamas takes this opportunity to remind its stakeholders and the general public that the Bank’s staff cannot accept any gifts, favours or tokens of appreciation from the public this holiday season. The Bank continuously strives to uphold and improve its service standards. In this process, your satisfaction is all we […]
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net Accountants yesterday warned that the March 31 deadline to complete 2025’s Business Licence audits and reviews is “way too aggressive” and will impose “significant strain” on many businesses. Pretino P. Albury, the Bahamas Institute of Chartered Accountants (BICA) president, told Tribune Business that the Ministry of Finance’s target […]
“Dear Members, On behalf of the Bahamas Institute of Chartered Accountants (BICA), I extend heartfelt thanks to all of you for your participation in and support of BICA Accountants Week 2024 under the theme “Staying on the Cutting Edge E.D.G.E.: Embracing the Digital Growth Era.” Your engagement throughout the week, whether as attendees, presenters, or […]
IMPORTANT NOTICE Please find following the link to the 2024 EDITION of the HANDBOOK OF THE INTERNATIONAL CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS (INCLUDING INTERNATIONAL INDEPENDENCE STANDARDS) 2024 Handbook of the International Code of Ethics for Professional Accountants | Ethics Board Of note is that the 2024 Code of Ethics, which replaces the 2023 Code of Ethics, […]
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net Mandatory Business Licence audits have “cracked open” control and process flaws among companies viewed as “blue chip” in The Bahamas, a senior accountant revealed yesterday.Pretino P. Albury, the Bahamas Institute of Chartered Accountants (BICA) president, told Tribune Business that his members had seen “quite a bit” of these […]
BFSB is pleased to invite you to their upcoming London and Switzerland Review Webinar. The session will be led by Minister of Economic Affairs, Sen. The Hon. Michael Halkitis, who will share valuable insights from the recent visits to these key financial hubs. Webinar Details Date: Wednesday, September 11th, 2024 Time: 11:00 AM – 12:00 […]
At the request of the Ministry of Finance below is a copy of the Commercial Entities (Substance Requirements) Act 2023 (“CESRA”) together with its subsequent Amendment and Guidance Notes. COMMERCIAL_ENTITIES_SUBSTANCE_REPORTING_NOTICE_JANUARY_2024[1] CESRA_AMENDMENTS_Exo_8th_December,_2023[1] CESRA_GUIDANCE_NOTES_8_SEPT_2023[1] CESRA_2023_-_Extraordinary_Gazette_11th_August,_2023_(B)_(1)[1]
IMPACT #1: Strong and Sustainable Accountancy Profession New Toolkit for PAOs to Advance Strategic Planning Out Now from IFAC — In order to significantly contribute to national economic and social development, PAOs around the world need a coherent strategy and operating model to realize their full potential. To equip PAOs with a clear, practical, and […]
(New York, New York, August 27, 2024) The International Auditing and Assurance Standards Board (IAASB) has issued new guidance on the application of the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities, known as the ISA for LCE. The Authority Supplemental Guidance will help users in determining the appropriate situations to use […]
