Search results for : Accountants

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News Article
December 13, 2013
Top accountant: Start preparing for VAT

A top accountant is calling on local businesses to begin modifying their operations after thoroughly reviewing the value-added tax (VAT) draft legislation and regulations.
Pedro Delaney, a chartered accountant and chief financial officer at Societe Generale Private Banking (Bahamas) Ltd. and SG Hambros Bank and Trust (Bahamas) Ltd., said that businesses have to closely examine how VAT will impact ...

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News Article
December 04, 2013
Top accountant: VAT 'not appropriate' for web shops

With the debate intensifying on the introduction of value-added tax (VAT), Raymond Winder, managing partner at Deloitte and Touche, doesn't believe that form of taxation is "appropriate" for web shops.
"You have to remember that VAT ultimately goes to the consumer, so if you tax the web shops VAT, what they would do is pass it on to the players. That's not what you want," he said yesterday.
"You'...

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News Article
November 22, 2013
Accountant urges lottery over VAT

Chartered accountant Michael Hepburn yesterday urged the government to create a national lottery instead of its proposed value-added tax (VAT) system.
In a presentation made during a Rotary Club luncheon, Hepburn, of Michael Hepburn & Co., said his research has found that a lottery system could earn the government $231 million in its first five years, with $35 million provided in the first year.
H...

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News Article
November 18, 2013
An excellent Accountants' Week

As an institute, we are committed to ensuring that we provide the focused, relevant educational opportunities, as well as guidance and thoughtful leadership to government, industry stakeholders and affiliates in this time of change.
- BICA President Jasmine Y. Davis

In November of each year, the Bahamas Institute of Chartered Accountants (BICA) observes "Accountants' Week", during which members o...

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News Article
October 24, 2013
Tax accountant: Watch out for VAT 'transition' costs

A senior tax accountant has argued that "a lot of issues" often arise in the "transitional" value added tax (VAT) implementation period, when companies may have goods that they have purchased prior to the implementation of VAT in their inventory.
Wayne Lovell, KPMG Barbados partner and tax practice specialist, told attendees at a VAT luncheon organized by the Bahamas Chamber of Commerce and Employ...

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News Article
September 10, 2013
BICA chief: Shortage of accountants

Bahamas Institute of Chartered Accountants (BICA) President Jasmine Davis said the need for more accountants has increased as the country begins to experience economic growth again...

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News Article
April 04, 2013
Join Our Team: MERP Staff Accountant (4 Month Term)

Freeport, Grand Bahama Island -

MERP is a medical school preparatory program operated
by DeVry Medical International, Inc., a subsidiary of DeVry Inc., one
of the world's largest providers of education services. Admission
to MERP is limited exclusively to applicants of Ross University School
of Medicine (RUSM) or American University of the Caribbean School of
Medicine (AUC).

We invite quali...

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News Article
April 02, 2013
Join Our Team: MERP Staff Accountant (4 Month Term)

Freeport, Grand Bahama Island -
MERP is a medical school preparatory program operated
by DeVry Medical International, Inc., a subsidiary of DeVry Inc., one
of the world's largest providers of education services. Admission
to MERP is limited exclusively to applicants of Ross University School
of Medicine (RUSM) or American University of the Caribbean School of
Medicine (AUC).

We invite quali...

read more »


News Article
March 18, 2013
Accountants Weigh in on Work Permits

Major accounting firms are weighing in on the work permit debate, arguing that the sector requires foreign integration to be successful. Gowon Bowe, a partner at PricewaterhouseCoopers (PwC), said The Bahamas has never truly implemented a strategic plan when it comes to work permits.

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News Article
January 24, 2013
Join Our Team: MERP Administrative Services Rep and Staff Accountant

Freeport, Grand Bahama, Bahamas - We invite qualified persons to apply for the positions of

Administrative Services Representative and Staff Accountant.

MERP is a medical
school preparatory program operated by DeVry Medical International,
Inc., a subsidiary of DeVry Inc., one of the world's largest providers
of education services. Admission to MERP is limited exclusively to
applicants of Ros...

read more »