BICA Objectives

The following objectives are outlined in The Bahamas Institute of Chartered Accountants Act, 2015 Part II Section 4:

• To govern, discipline and regulate the professional conduct of members, associates and students.
• To promote the best standards of practice in financial reporting and in the expression of professional opinions in relation thereto.
• To promote and protect the welfare and interests of the Institute and the accounting profession.
• To promote and increase the knowledge, skill and proficiency of members, associates and students, in all things relating to the business or profession of accountants.
• To make provision for the training, education and examination of persons engaging in or intending to engage in the accounting profession.
• To provide information on accounting by way of lectures, discussions and the dissemination of literature and correspondence.
• To establish standards of qualifications for, and to regulate the professional conduct of, public accountants who are not entitled to be registered as members.
• To do all such things as are incidental to the stated objectives or as the Institute may think is conducive to the attainment of those objectives.