Bahamas Institute of Chartered Accountants
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Parliamentary Debate and Passing of the New BICA Bill, 2014
Friday April 24th, 2015

From L to R: Shavardo Thompson, BICA CEO; Hubert Chipman, BICA Member; Darnell Osborne, BICA President; Reece Chipman, BICA Secretary; K. Peter Turnquest, BICA Member.

From L to R: Shavardo Thompson, BICA CEO; Hubert Chipman, BICA Member; Darnell Osborne, BICA President; Reece Chipman, BICA Secretary; K. Peter Turnquest, BICA Member.

Dear Members,

Please find attached the presentation on The BICA Bill, 2014, made by The Hon. C.V. Hope Strachan in The House of Assembly yesterday. The Bill was passed by The House, and is now before The Senate, where it is expected to be passed and sent to The Governor-General for signature, after which it will be officially published as an Act.

The Institute would like to thank the Co-Chairs and members of The Legislative Reform Committee, and everyone who played a role in getting this new legislation passed. Your efforts cannot be overstated or adequately compensated, but you will all be formally recognized at a later date.

It is indeed a proud day for The Institute, and we should all feel a sense of accomplishment to witness such a landmark event.

Also follow link to The Nassau Guardian articles on this significant milestone:

http://www.thenassauguardian.com/bahamas-business/40-bahamas-business/55580-bica-president-welcomes-new-legislation

http://www.thenassauguardian.com/bahamas-business/40-bahamas-business/55582-new-bica-bill-modernizes-accounting-profession

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