THE INSTITUTE OF Chartered Accountants (ICAB) of Barbados isn’t waiting for disgruntled customers to start making complaints against the actions of its membership.
Instead, ICAB has established three separate committees aimed at providing transparency and protection, along with disciplinary regulations which will allow clients to seek redress if they believe they have been wronged.
Executive director of the body of professionals, Reginald Farley, told the DAILY NATION the committees and regulations formed part of ICAB’s commitment to its 925 members to remain current and competent.
“We are required to regulate in the public’s interest. We want to assure the public that when work is done by an ICAB member, those members are competent, follow high standards and ethics, and should there be a problem, there is recourse through a formal system of complaint,” Farley said of the new regulations. (BA)
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