BICA TIMES – Newsletter (April 9th, 2025)

We are excited to share the first issue of BICA’s Newsletter, ‘BICA TIMES‘! This issue is packed with updates, recaps, and trivia’s that we are eager to share with you. BICA Newsletter – April 9th 2025

BICA: Q1 deficit spike highlights areas that require targeted action

Youri Kemp Senior Business Reporter youri@nasguard.com Bahamas Institute of Chartered Accountants (BICA) President Pretino Albury said the increase in the fiscal deficit during the first quarter of 2024 highlights key areas that require targeted action, and speaks to the ongoing fiscal pressures the government is facing. Albury, in an emailed message to Guardian Business queries […]

‘Way too aggressive’ over Business Licence deadline

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net Accountants yesterday warned that the March 31 deadline to complete 2025’s Business Licence audits and reviews is “way too aggressive” and will impose “significant strain” on many businesses. Pretino P. Albury, the Bahamas Institute of Chartered Accountants (BICA) president, told Tribune Business that the Ministry of Finance’s target […]

Notice to members – IESBA Code of Ethics (August 2024)

IMPORTANT NOTICE Please find following the link to the 2024 EDITION of the HANDBOOK OF THE INTERNATIONAL CODE OF ETHICS FOR PROFESSIONAL ACCOUNTANTS (INCLUDING INTERNATIONAL INDEPENDENCE STANDARDS) 2024 Handbook of the International Code of Ethics for Professional Accountants | Ethics Board Of note is that the 2024 Code of Ethics, which replaces the 2023 Code of Ethics, […]

President Pretino Albury speaks on “Business Licence audits ‘crack open blue chip’ company flaws”

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net Mandatory Business Licence audits have “cracked open” control and process flaws among companies viewed as “blue chip” in The Bahamas, a senior accountant revealed yesterday.Pretino P. Albury, the Bahamas Institute of Chartered Accountants (BICA) president, told Tribune Business that his members had seen “quite a bit” of these […]