Search results for : accounting

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News Article
February 11, 2021
Moultrie moves to hold government to account

IN his first ruling yesterday as an independent Speaker of the House of Assembly, Halson Moultrie overturned a controversial ruling that his predecessor had made that restricted the powers of the Public Accounts Committee.

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News Article
December 15, 2020
Bank officer is accused of falsifying accounts in fraud

A ROYAL Bank of Canada financial services officer who was accused of falsifying several accounts and defrauding the bank of hundreds of thousands of dollars over a decade ago, was yesterday denied bail ahead of her trial.

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News Article
November 02, 2020
DRA audited accounts not submitted as per legislated timeline

The Disaster Reconstruction Authority (DRA), established in 2019, has been engaged in multimillion-dollar cleanup and small home repair work on storm-ravaged Grand Bahama and Abaco. As its work progresses, complaints about delayed vendor payments, and indications that the DRA will require twice its promised $10 million home repair subvention even as audited accounts of the ...The post DRA audited ...

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News Article
February 07, 2012
BTC and Cable Bahamas oppose URCA's publication of accounts

By NATARIO McKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net

THE publication of separate accounts and cost accounting information is being opposed by the Bahamas' two leading communications providers who described the requirement as "disproportionate" and "not fit for purpose."

In response to the Utilities Regulations and Competition Authority (URCA's) public consultation document ...

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News Article
September 19, 2020
Campbell provides detailed accounting of ministry’s food assistance to Bahamians in light of COVID-19 Pandemic

The process of feeding its “fellow brothers and sisters” remains a major priority for the Government of the Bahamas, especially during this period of COVID-19, Minister of Social Services and Urban Development, the Hon. Frankie A. Campbell, said Thursday...

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News Article
March 21, 2015
Call to replace 'impotent' PAC to hold government to account on land registry

A PROMINENT businessman and a local attorney have called for the government to implement a Public Resource Management System to replace the "impotent" Public Accounts Committee, the need for which he attributed to the government having demonstrated a "flagrant disregard for the rule of law" with regards to land registry in the country.

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News Article
May 27, 2015
Response to speaker's ruling on Public Accounts Committee

Hubert Chipman, MP for St. Anne's, began delivering the following text in the House of Assembly on Tuesday, May 26, 2015.

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News Article
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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News Article
September 18, 2019
Grand Bahama Power Company reconnects 9,000 accounts

OF its 19,000 customers, Grand Bahama Power Company has reconnected some 9,000 accounts, representing 47 percent of its customer base, since Hurricane Dorian pummeled the island. Dave McGregor, CEO, said the company is making progress in getting pow

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