President of the Institute of Chartered Accountants of Jamaica (ICAJ) Leighton McKnight has issued a call for more persons to become chartered accountants in an effort to augment the shortage of professionals in that field.<\/p>\n
McKnight said the shortage existed mainly in the area of auditing, and challenged members of the association to urge students to join the profession.<\/p>\n
“We need to convert our students into chartered accounts and although we have a number of students pursuing the exams now, we still need more,” said the ICAJ president.<\/p>\n
McKnight, a partner of the auditing firm Pricewater-houseCoopers was speaking at the ICAJ 41st anniversary luncheon at the Holiday Inn Sunspree Resort in Montego Bay on Wednesday.<\/p>\n
The ICAJ currently has 866 members – mostly employed in senior management positions, but McKnight is hoping that the number will increase to 1,300 over the next three years.<\/p>\n
That number, he argued, would ease the shortage of the professionals in the island.<\/p>\n
To become a chartered account, the prospective accountant must gain a pass in the prescribed examinations of the ICAJ. <\/p>\n
McKnight said a pass in the Association of Chartered Certified Accountants (ACCA) or the American Institute of Certified Professional Acco-untant (AICPA) or a special masters in accounts degree from the University of the West Indies were the requirements.<\/p>\n
The prospective certified accountant, he added however, would also have to undergo a minimum of 36 months of accountancy experience. <\/p>\n
McKnight told Sunday Finance that the ICAJ was in discussions with the Ministry of Education and Culture with a view of offering 100 of its members to sit on school boards across the island.<\/p>\n
He added that the ICAJ would also be providing training for school bursars. Both of these initiatives he said were expected to come on stream sometime next month.<\/p>\n
The Nassau Guardian<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"
We need to convert our students into chartered accounts and although we have a number of students pursuing the exams now, we still need more.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-248743","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/248743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=248743"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/248743\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=248743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=248743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=248743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}