27:
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In
November 2004 there was a proposal to make changes to the Money Laundering Act. According to the opposition, these would give the minister of finance the right to "violate the secrecy laws without any reference to the courts which is the only saving grace between individuals, companies and the
150:
in Europe. ICAJ came under pressure to ensure that
Jamaican companies could not have similar problems, which should have been caught by auditors. In October 2002 ICAJ announced that it was embarking on a financial system improvement project that would strengthen the enforcement and compliance
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for the ICAJ headquarters. The ICAJ Secretariat facilities were formally opened on 18 January 1995. The ICAJ Code of Ethics was approved by
Council in July 2000. ICAJ was designated the sole official agent of the Public Accountancy Board by the Ministry of Finance on 7 March 2001.
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overwhelming power of the state". ICAJ president Linroy
Marshall said his organization had not been consulted on the proposal, but expressed serious concern about any move to violate confidentiality between an accountant and their client.
178:(IDB) provided funding for a three-year program to implement and ensure compliance with these standards. The move brought Jamaica in line with European standards, but at first meant that companies filing their financial reports with the
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ICAJ was established in 1965, three years after
Jamaica gained its independence. The 1968 Public Accountancy Act was the statute for the incorporation of the ICAJ. In July 1980 the institute bought its property at 8 Ruthven Road,
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to recognize the CGA designation as an entry qualification for accounting students. This was in line with ICAJ's goal for accountants to be mobile within the region and for
Jamaica to stay competitive within the
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agreement would allow
Jamaicans to work in other member states, but not to transfer their pensions. The ICAJ was involved in discussions on how to make pensions portable. ICAJ is a member of the
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186:(GAAP) and highlight the differences from IFRS. In June 2007 the SEC allowed companies to file using IFRS, removing the burden of reconciliation.
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206:(Mona Campus) signed an agreement to review and monitor the university's MSc Accounting program to ensure it meets international standards.
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198:(ACCA) allows ICAJ to administer local examinations for the ACCA qualifications. In October 2001 ICAJ signed an agreement with the
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In June 2003, and again in June 2011, ICAJ hosted the ICAC annual meeting. Attendance grew from 300 in 2003 to over 900 in 2011.
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framework of the accountancy profession in
Jamaica and ensure that investors received accurate information.
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202:(AAT) for ICAJ to provide services to AAT students locally. In January 2005, ICAJ and the
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In the early 2000s there were well-publicized failures of companies such as
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117:. It is the sole organisation in Jamaica with the right to award the
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174:(IFRS) as Jamaica's national accounting and auditing standards. The
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306:"Strong opposition to proposed changes to Money Laundering Act"
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414:"Pensions not in scheme with CARICOM Single Market (CSM)"
387:"Canadian accountancy certification accepted in Jamaica"
332:"Caribbean Conference Of Accountants Party Like Pirates"
278:"ICAJ embarks on financial system improvement project"
360:"Comparing financial results in different countries"
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Institute of
Chartered Accountants of the Caribbean
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182:(SEC) would have to reconcile their figures to
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209:In June 2006, ICAJ signed an agreement with
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172:International Financial Reporting Standards
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224:International Federation of Accountants
211:Certified General Accountants of Canada
184:Generally Accepted Accounting Practices
180:U.S. Securities and Exchange Commission
16:Jamaican professional accountancy body
385:Nicholas Richards (October 5, 2006).
226:(IFAC). ICAJ is also a member of the
200:Association of Accounting Technicians
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304:Balford Henry (November 14, 2004).
194:A long-standing agreement with the
190:Agreements with other organizations
168:International Accounting Standards
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412:Susan Gordon (January 23, 2006).
220:CARICOM Single Market and Economy
358:Raphael Gordon (June 23, 2007).
176:Inter-American Development Bank
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204:University of the West Indies
520:Member Bodies and Associates
166:On 1 July 2002 ICAJ adopted
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146:in the United States, and
109:(ICAJ) is a professional
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465:"Members And Affiliates"
544:ICMAI (formerly ICWAI)
216:Caribbean Single Market
467:. ICAC. Archived from
442:. IFAC. Archived from
255:. ICAJ. Archived from
119:Chartered Accountant
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71:Official language
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444:the original
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286:. 2001-10-31
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261:. Retrieved
257:the original
253:"About ICAJ"
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106:
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50:Headquarters
34:Abbreviation
736:CPA Ireland
111:accountancy
812:CPA Canada
731:CA Ireland
475:2011-07-01
450:2011-07-01
425:2011-07-02
398:2011-07-02
371:2011-07-02
344:2011-07-02
317:2011-07-02
290:2011-07-02
263:2011-07-02
234:References
170:(IAS) and
162:Standards
113:body in
81:President
42:Formation
878:Category
790:Americas
230:(ICAC).
148:Parmalat
144:Worldcom
132:Kingston
846:Oceania
802:CMA USA
125:History
115:Jamaica
90:Website
75:English
65:Jamaica
61:Region
853:CA ANZ
714:Europe
675:ONECCA
638:Africa
604:HKICPA
559:ICMASL
218:. The
837:ICATT
817:CISPA
797:AICPA
751:ICAEW
746:CIPFA
700:ICPAU
685:SAIPA
680:SAICA
670:ICASL
655:ICPAK
645:LICPA
629:JICPA
614:PICPA
599:CICPA
589:PIPFA
584:ICPAI
574:ICMAP
569:ICMAB
554:ICASL
140:Enron
832:ICAJ
827:ICAG
822:ICAB
807:BICA
766:IEKA
756:ICAS
741:CIMA
726:ACCA
705:ICAZ
695:OECT
690:NBAA
665:ICAN
660:ICAN
650:ICAG
619:IUAA
609:ISCA
579:ICAP
564:ICAB
549:ICAN
539:ICAI
534:IICA
527:Asia
517:IFAC
142:and
105:The
97:.org
95:icaj
45:1965
37:ICAJ
863:IPA
781:KWT
776:OEC
771:IFA
761:IDW
721:AAT
624:IAI
594:MIA
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