Ease of doing business 'considerably eroded' amid Inland Revenue portal challenges accountant warns

NASSAU, BAHAMAS – Recent updates to the Department of Inland Revenue (DIR) portal have led to significant disruptions, causing frustration and raising substantial concerns within the business community according to Bahamas Institute of Chartered Accountants (BICA) President Pretino Albury. In response to Eyewitness News via email, Albury expressed that the challenges are "especially distressing,...

read more »

Senior accountant urges government caution amidst growing taxation concerns

NASSAU, BAHAMAS — A senior top accountant yesterday warned there are concerns within the business community over the level of taxation in the country, urging the government to avoid "double taxation" as it looks to introduce income tax. Prince Rahming, the PwC Bahamas territory leader, while speaking at a press conference to preview the Bahamas [...]

read more »

Accountant denies stealing more than $200k from real estate firm

An accountant at RDC Partners and Associates on Thursday denied stealing more than $200,000 from a client. Prosecutors allege that Kendranique Simms, 30, stole the money from the personal accounts of Mario Carey and the account of Better Homes and Gardens from 2019 through 2022. Simms denied charges of stealing by reason of employment at ...
The post Accountant denies stealing more than $200k from...

read more »

The Accountant

• Genre : Crime, Drama, Thriller
• Rating : C - 18yrs and Older

A forensic accountant un-cooks the books for illicit clients.

Gaming sector overregulated, says forensic accountant

Forensic accountant Dr. John Bain said The Bahamas can become the gaming capital of the world if the industry is developed correctly. He spoke with Guardian Business about the detailed research he conducted on the gaming industry for his doctoral dissertation entitled "The Innovation of Regulations against Cybercrimes and Money Laundering in Bahamian Gaming Houses". ...
The post Gaming sector over...

read more »

Accountant concern on 'whistleblower' condition

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

Accountants raised concerns yesterday about the extent to which the new Securities Industries Act creates a legal requirement on them to dismiss "accountant/client protection" and act as "whistleblowers" on clients who they suspect to be in breach of the law.

Further concerns were expressed by the president of the Bahamas Institute of Char...

read more »

Prominent Bahamian accountant to Deliver UB Virtual Commencement Address

A prominent Bahamian accountant and well-known banker, Mr. Gowon N.G. Bowe is no stranger to providing quality insight and commentary on some of the nation’s most pressing economic issues...

read more »

BICA clamping down on accountants not following rules

By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com
The Bahamas Institute of Chartered Accountants(BICA)is clamping down on individuals who are not fully complying with its professional conduct policy. The institute is planning on administering fines to those who are not following the guidelines.
The accounting organization is directing the message towards individual accountants who inc...

read more »

The Hon. K. Peter Turnquest, Deputy Prime Minister & Minister of Finance at Accountant's Week 2020

I would like to begin by thanking the Bahamas Institute of Chartered Accountants for once again extending the invitation for me to offer remarks at the annual Accountant’s Week event...

read more »

Accountant challenges fears over 5,000 Chinese workers

A leading accountant said Bahamians have no need to fear the large amount of Chinese labour proposed to come to The Bahamas to assist in the construction of Baha Mar ?s $2.6 billion development on Cable Beach.

Many Bahamians have expressed their concerns about the possibility of 5,000 Chinese workers coming to New Providence to work on Baha Mar.

read more »