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.

Membership and Publicity Committee

The Membership and Publicity Committee was established to carry out such activities as necessary to raise the positive public profile of the profession of Accountancy and, thereby enhance the brand ‘Chartered Accountant’ and to promote national, regional and international linkages at all levels.

The Committee focuses on opportunities to expand general and student membership and initiates activities aimed at promoting the image of the Institute, maintaining an effective means of information exchange among members via the Secretariat and assisting in promoting the role, responsibility and achievements of the Institute in advancing the interest of the profession through various communication media.

The Committee’s responsibilities include:

  • Review and ensure resolution of membership complaints;
  • Review and ensure resolution of complaints from the public;
  • Manage and draft all press releases, advertising and other campaigns;
  • Ensure circulation to membership of professional newsletters;
  • Promote training, workshop, seminars and conferences both locally and regionally;
  • Manage all communication media; website; newsletter.

Save the Date : Local Audit Seminar

On May 22, 2012, an audit seminar will be held in Belize City. The venue to be announced shortly. The seminar will cover the following topics:

  • Accounting and reporting financial instruments (IFRS 9 Update) with emphasis on impairment accounting
  • Audit of financial instruments
  • Audit going concern assumptions in current economic conditions

The seminar will be presented by a member of the Association of Chartered Certified Accountants (ACCA). Members will earn qualifying CPD credits to be announced.

The seminar will be open to members and non-members for a fee. We anticipate a large participation; therefore we ask that member RSVP their attendance early. as seats will be limited.

Please RSVP to the Secretariat or call 223-2455 by February 3 (Deadline). We would like to ensure that interested members are guaranteed a seat to this training before we extend to non-members.

ICAJ Webcast on IFRS — 03-04 February 2012 (Register Now!)

The Institute of Chartered Accountants of Jamaica (ICAJ) will be hosting a “live” webcast of its annual workshop on International Financial Reporting Standards (IFRS), which is scheduled for February 03-04, 2012, commencing at 9:00am (local) time daily.

Join lead presenter Ian Charles C.A., from Emile WoolfInternational (UK), one of the leading providers of training for accountants and other finance professionals, as he explains the current IFRS and IAS revisions, with illuminating case studies and illustrations. Ian Charles comes with nearly thirty years experience of delivering high level financial reporting programmes to audiences all over the world, helping both large and medium sized organizations, from across the European Union, Middle East, Far East and North and South America, to train staff in preparation for the implementation of IFRS, and is the co-author of three (3) IFRS application handbooks.

The workshop will also feature local presenters, who, with their combination of technical knowledge and practical experience, will explain how the revised IFRS and IAS requirements impact the local accounting environment. The areas for presentation include:

Introduction and Overview of Changes to IFRS including IFRS Practice Statement – Management Commentary

  • IAS 19 – Employee Benefits (revised)
  • IFRS 9 – Financial Instruments
  • IFRS 13 – Fair Value Measurement
  • IAS 1 – Presentation of Financial Statements (Amendment)
  • IAS 12 – Income Taxes (Amendment) and other improvements to IFRS and IFRICs
  • IFRS 10 – Consolidated Financial Statements and IAS 27 (Revised) – Separate Financial Statements
  • IFRS 11 – Joint Arrangements
  • IFRS 12 – Disclosure of Interests in Other Entities
  • Proposed New Revenue Standard
  • Proposed New Leasing Standard

Cost: ICAJ Members – US$150.00

Non-members – US$175.00 (Group Rates available)

Please see the link below for webcast registration form. CPD credits: to be announced.

webcast viewing registration

ICAC Conference 2012 – Save the Date

Below is the Save the Date Circular for the ICAC 30th Caribbean Conference of Accountants to be held at the Grand Royal Antiguan Beach Resort in Antigua over the period June 21 – 23, 2012. The conference will be hosted by the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) – Antigua and Barbuda branch under the theme “Playing to Win, Bowling Over the Challenges.”

ICAC 2012 Conference Save the Date Circular

The circular provides details on the conference fees as well as accommodation rates at the Grand Royal Antiguan Beach Resort. Registration for the conference will commence early January 2012