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BICA head concerned about rating in World Bank index
BICA head concerned about rating in World Bank index
International investors may think twice about doing business in The Bahamas if the country continues to slide on the World Bank's Ease of Doing Business Index.
Govt fraud related to internal control, BICA says
Govt fraud related to internal control, BICA says
President of the Bahamas Institute of Chartered Accountants (BICA) Darnell Osborne concurs that the occurrence of fraudulent activity outlined in the auditor general's reports highlights "the lack of internal control" in government finances.
BICA action plan welcomed, touted by IFAC
BICA action plan welcomed, touted by IFAC
The Bahamas Institute of Chartered Accountants' (BICA) statements of membership obligations (SMO) action plan has been published on the website of the International Federation of Accountants (IFAC), setting the clock to twelve months before an updated plan is due for publication.
BICA focus on new regulations
BICA focus on new regulations
Bahamas Institute of Chartered Accountants (BICA) President Darnell Osborne told a recent gathering of the institute that, per new regulations, BICA is implementing audit monitoring through participation in the regional monitoring program established by the Institute of Chartered Accountants of The Caribbean (ICAC).
BICA backs accrual accounting for public finances
BICA backs accrual accounting for public finances
The move to accrual basis accounting in public finances - a region-wide push - is expected to lead to a better picture of results for a given period and a better picture of the financial position at any point in time through the reporting and recognition of assets and liabilities in a full balance sheet. According to Bahamas Institute of Chartered Accountants (BICA) President Darnell Osborne, that...
BICA president: Grim outlook for financial services in 2016
Bahamas Institute of Chartered Accountants (BICA) President Darnell Osborne yesterday warned of a grim outlook for the financial services sector in 2016, but stated that the association remains committed to "mitigating the fallout" in the sector.
BICA hosts 'Saving Investment for Kids' seminar in Freeport
The Grand Bahama Committee of the Bahamas Institute of Chartered Accountants partnered with Fidelity Bank to host a presentation on teaching children about money, saving and investment at the Sir Charles Hayward Library.
BICA to revise practice monitoring, professional indemnity regs
Bahamas Institute of Chartered Accountants (BICA) President Darnell Osborne has applauded the association for unanimously approving regulations to the BICA Act, 2015, representing the culmination of over two years' work to help the association meet its international obligations.
BICA regulations 2015 due to be approved last night
BICA regulations 2015 due to be approved last night
The Bahamas Institute of Chartered Accountants' (BICA) Accountants Week ends today, and after a week packed with professional development opportunities and high-level discussions, the institute last night held an extraordinary general meeting (EGM) during which the BICA regulations were expected to be approved.
BICA president: Public interest 'utmost for the profession'
Ahead of the Bahamas Institute of Chartered Accountants (BICA) Accountants Week, BICA President Darnell Osborne said public interest is utmost for the profession, and that the larger community should be able to place confidence in members of BICA and reliance on the reports they present.=