Skip Navigation
top stories
Caribbean ‘audit tour’ gives a voice to the accountancy world
‘How can auditors play a more crucial role during the global economic crisis?’ was the key question discussed at three roundtable events recently held in the Caribbean.
The roundtables, hosted by ACCA (Association of Chartered Certified Accountants), were held in Barbados (16 April), Trinidad (17 April) and Jamaica (19 April), each event with the participation of the respective national institute, namely, ICAB (the Institute of Chartered Accountants of Barbados), ICATT (the Institute of Chartered Accountants of Trinidad and Tobago) and ICAJ (the Institute of Chartered Accountants of Jamaica).
The aim of the ‘audit tour’ was to let ACCA’s members and regional audit professionals give their opinions on where they saw the audit profession going in the future and how audit could enhance competitiveness and sustainability.
Dean Westcott, president at ACCA, said: “We are keen to ensure the voice our members and the wider Caribbean profession is heard in the increasingly global debate on the future of audit.
“The audit profession has been under increased scrutiny since the financial meltdown first started. We must now know how vitally important audit is to help resolve the situation the world is currently in. Without audit, the world’s financial systems will never recover because there would be no review to see what is or isn’t working.”
Brenda Lee Tang, head of ACCA Caribbean, said: “ACCA’s Research and Insights programme, benefits greatly from input with national bodies like the ICAB, ICATT and ICAJ as well as input from these types of events.
“One of our Global Forums is dedicated to audit, which brings together experts from around the world to discuss issues relating to this subject matter. This shows that ACCA values audit immensely, in fact we see it as a vital function to the world of finance.”
The events were all very well attended and featured presenters from the Big 4 audit firms.
The roundtables, hosted by ACCA (Association of Chartered Certified Accountants), were held in Barbados (16 April), Trinidad (17 April) and Jamaica (19 April), each event with the participation of the respective national institute, namely, ICAB (the Institute of Chartered Accountants of Barbados), ICATT (the Institute of Chartered Accountants of Trinidad and Tobago) and ICAJ (the Institute of Chartered Accountants of Jamaica).
The aim of the ‘audit tour’ was to let ACCA’s members and regional audit professionals give their opinions on where they saw the audit profession going in the future and how audit could enhance competitiveness and sustainability.
Dean Westcott, president at ACCA, said: “We are keen to ensure the voice our members and the wider Caribbean profession is heard in the increasingly global debate on the future of audit.
“The audit profession has been under increased scrutiny since the financial meltdown first started. We must now know how vitally important audit is to help resolve the situation the world is currently in. Without audit, the world’s financial systems will never recover because there would be no review to see what is or isn’t working.”
Brenda Lee Tang, head of ACCA Caribbean, said: “ACCA’s Research and Insights programme, benefits greatly from input with national bodies like the ICAB, ICATT and ICAJ as well as input from these types of events.
“One of our Global Forums is dedicated to audit, which brings together experts from around the world to discuss issues relating to this subject matter. This shows that ACCA values audit immensely, in fact we see it as a vital function to the world of finance.”
The events were all very well attended and featured presenters from the Big 4 audit firms.