Search results for : accounting
May 27, 2019
DPM: new accounts system for govt financial reporting in place by next budget
When the 2019/2020 budget year begins on July 1, the government will have "fully transitioned to the new chart of accounts for government financial reporting", Deputy Prime Minister Peter Turnquest said on Friday, adding that the new system will allow the government to be in [...]
The post DPM: new accounts system for govt financial reporting in place by next budget appeared first on The Nassau Gu...
Local UHY Bain & Associates Firm to Host Major International Accounting Conference at Atlantis this week
May 27, 2019
Local UHY Bain & Associates Firm to Host Major International Accounting Conference at Atlantis this week
More than 50 accounting firms from around the Americas are slated to gather at Atlantis May 23-25 when UHY Bain & Associates hosts a major accounting conference for UHY firms from across the Americas and selected offices from Europe. The theme of the conference is How To Build A World-Class Organization...
COVID delays hit target for accounting system
February 04, 2022
COVID delays hit target for accounting system
MICHAEL Halkitis says it's unlikely the government will meet a target and transition to an accrual accounting system by the end of the 2022/2023 fiscal year, citing COVID-19 disruptions.
'Every red cent can be accounted for'
January 18, 2022
'Every red cent can be accounted for'
FORMER Prime Minister Dr Hubert Minnis was adamant yesterday that "every red cent" spent by his administration to feed Bahamians at the height of the COVID-19 pandemic can be accounted for amid new questions regarding the initiative.
FNM wants full accounting for Dubai trip
January 17, 2022
Accounts manager pleads guilty to stealing
November 12, 2021
Accounts manager pleads guilty to stealing
AN accounts manager who initially denied stealing nearly $200,000 from her place of employment has changed her plea to guilty.
VAT Departments video on accounting process
February 25, 2015
VAT Departments video on accounting process
The public is advised that the Value Added Tax (VAT) Department of the Ministry of Finance has released a short video to assist VAT Registrants with the accounting process...
OFFICERS 'WILL BE HELD TO ACCOUNT': Munroe says ministry will not defend 'slack people' after police cell attack
October 27, 2021
OFFICERS 'WILL BE HELD TO ACCOUNT': Munroe says ministry will not defend 'slack people' after police cell attack
NATIONAL Security Minister Wayne Munroe said the officers on duty when a woman was indecently assaulted last week by a man with whom she was forced to share a cell, will be "held to account" while stressing that his ministry has no interest whatsoever "in defending or protecting slack people".
VAT accounting remains unclear
January 31, 2017
VAT accounting remains unclear
Minister of State for Finance Michael Halkitis acknowledged yesterday that value-added tax (VAT) revenue did not go toward the purchase of Royal Bahamas Defence Force vessels and Bahamasair planes, and that $150 million has not yet been spent to introduce National Health Insurance (NHI); he stated that there is no way to account specifically for VAT revenue, as all money collected goes into the co...
Dramatic changes to accounting standards coming
November 19, 2010
Dramatic changes to accounting standards coming
The Bahamas' move to International Financial Reporting Standards (IFRS) will cause significant changes to key aspects of current accounting practices once implemented, Jonathan Tkach, senior manager at Ernst & Young LLP,?New York, USA told Guardian Business. Ktach was one of the presenters participating in Accountants' Week, presented by the Bahamas Institute of Chartered Accountants (BICA) and h...
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