IFAC Seeks Input on Proposed Revisions to Its Statements of Membership Obligations

https://www.ifac.org/news-events/2025-04/ifac-seeks-input-proposed-revisions-its-statements-membership-obligations The International Federation of Accountants (IFAC) has launched a public consultation on targeted revisions to its Statements of Membership Obligations (SMOs), a cornerstone of IFAC and its members’ commitment to a strong and sustainable global accountancy profession. These requirements provide the foundational framework that supports the profession in upholding high-quality international standards and best […]

BICA TIMES – Newsletter (April 9th, 2025)

We are excited to share the first issue of BICA’s Newsletter, ‘BICA TIMES‘! This issue is packed with updates, recaps, and trivia’s that we are eager to share with you. BICA Newsletter – April 9th 2025

BICA: Q1 deficit spike highlights areas that require targeted action

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 […]

‘Way too aggressive’ over Business Licence deadline

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 […]