ICAC Launches on Social Media

The Institute of Chartered Accountants of the Caribbean informed stakeholders on July 18, 2015 of its presence on social media. “It’s with great pleasure that we announce the launch of our social media sites, which will provide you our member bodies, affiliates and stakeholders with up-to-date information on ICAC news, events, initiatives as well as the latest news and developments within the accounting profession across the region. We invite you to “Like” us on Facebook and Twitter” stated Mrs. Misha Lobban Clarke, Chief Executive Officer of ICAC.

ICAC has a mandated the Information and Communication Technology (ICT) Committee chaired by Director, Ms. Shawn Mahler to oversee the continued presence on social media and other forms of developing technology in an effort to increase its profile as a recognized accountancy body worldwide.

Executive Committee

The Executive Committee consists of seven (7) members who were duly elected by ICAB’s membership at the 27th Annual General Meeting held on August 21, 2014 at the Best Western Biltmore Plaza Hotel, Belize City, Belize.

Our Executive Committee comprises of:

  • President – Mr. Reynaldo Magana, CA, CPA
  • Vice President – Ms. Shawn Mahler CA, CISA
  • Secretary – Ms. Senaida Castillo, CA
  • Treasurer – Mr. Jose Ortez, CA, ACCA
  • Member – Mr. Claude Burrell, CPA, CISA
  • Member – Mr. Brett Feinstein, CA

Council is tasked to implement the strategic goals and objective of the Institute and to advance the profession.

Tax and Legislative Committee

The Tax and Legislative Commitee was established as the technical advisors to the Institute on legislative changes impacting the profession and the business environment. The Committee is also responsible to monitor the Accountancy Profession Act and the Institute’s Bye-laws on an ongoing basis to ensure conformity with International Standards on Professional Code of Conduct and ensure alignment with best practices in the interest of the profession.

The main objectives of the Committee are:

  • To review ICAB’s Bye-Laws, Rules and Regulations, every two years or as needed to ensure ongoing relevancy to the Institute, and
  • To consider, review, prepare and where appropriate present recommendations to ICAB’s Council concerning the consequences of current or proposed legislative and government measures which could impact financial reporting, for further action by Council.

Continuing Professional Development (CPD) Committee

The Continuing Professional Development (CPD) Committee was established to design, implement and enforce CPD Guidelines of the Institute and to facilitate and encourage the provision of training and development opportunities in collaboration with accredited regional and international bodies and to foster linkages with accredited institutions such as the Association of Chartered Certified Accountants, and the Institute of Chartered Accountants of the Caribbean and other accountancy bodies.

The CPD Committee is tasked with:

  • Setting the CPE requirements for members of Institute through design and implementation the CPD Guidelines of the Institute based on requirements set at the regional level via the Institute of Chartered Accountants of the Caribbean,
  • Ensure that the CPD Guidelines are up to date and relevant to the changes in the accounting profession,
  • Monitor member compliance with the approved CPD Guidelines,
  • Review and approve applications for CPD accreditation on training, seminar and conferences organized with the local jurisdiction, and
  • Identify opportunities for and enhance the CPD events of the Institute.