“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 […]
The Nassau Conference 2024 of AIBT will be held on 18th September, 2024 under the theme “A Masterclass in Growth & Innovation” at the Baha Mar Convention Centre, and the half-day, pre-conference Financial Services Bootcamp is set for 17th September, 2024. Since its founding in 2005, The Nassau Conference has established itself as the premier […]
In this episode of the IASB podcast, IASB Vice-Chair Linda Mezon-Hutter and IASB Member Tadeu Cendon join IASB Executive Technical Director Nili Shah to discuss highlights from the IASB meeting held on 22-24 July. The following projects are featured: Post-implementation Review of IFRS 15 Revenue from Contracts with Customers (00:43); Rate-regulated Activities project (5:36); and Second Comprehensive Review of the IFRS […]
The International Accounting Standards Board (IASB) today published a consultation document, proposing eight examples to illustrate how companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements. The IASB developed these illustrative examples in response to strong demand from stakeholders, particularly from investors. They expressed concerns that […]
