Saturday, April 20, 2024

ICAB’s ethics call

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The umbrella body for chartered accountants is “pleased” with Barbados’ economic recovery, but wants the country to intensify efforts to root out corruption and become more ethical.

Institute of Chartered Accountants of Barbados (ICAB) executive director Kathy-Ann Hewitt and president Lydia McCollin gave their perspective on both issues yesterday when Accountants Week 2019 was officially launched at Radisson Aquatica Resort.

“As you would have seen in terms of the published reports from the BERT Monitoring Committee, so far Barbados has been meeting all its targets. So we are pleased with the progress so far . . . Work is required by all sectors but so far what is good is that the various targets that have been agreed to have been met,” Hewitt said.

She noted that in the last year and a half since the current Government took office “there have been many changes implemented in an effort to put the island back on a path to recovery” via the Barbados Economic Recovery and Transformation (BERT) programme and International Monetary Fund Extended Fund Facility arrangement. (SC)

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