Member in Practice - Audit (MPA) describes a member engaged in
audit practice and who holds a valid Auditing Certificate issued by the
Institute in accordance with Practicing Regulations. Such a member may also
undertake all services performed by a Member in Practice who is authorized to
perform financial services and audits. ICATT Members in Practice –
Audit are reviewed periodically by an independent external Practice Reviewer to
ensure practice alignment to international standards and the ICATT Code of
Conduct.
Member in Practice – Non Audit (MP) describes a member who holds a
valid Practicing Certificate issued by the Institute in accordance with the
Practicing Regulations. Such a member may perform financial services other than
audit. All members must adhere to the ICATT Code of Conduct.
Member Not in Practice (MNP) are qualified
accountants/finance professionals who do not hold a valid Auditing or
Practicing Certificate.
Member Residing Overseas (MRO) describes a member who otherwise
satisfies the criteria for being a member but resides outside of Trinidad and
Tobago for periods of more than 12 months and has opted for a change of status.
Members Retired (MR) describes a member who, with a
view to permanent retirement, retired from professional work or business. The
register of retired members is strictly for those who have retired fully and
permanently. A member may not be in receipt of earned income, including board
fees, whilst on the retired list. Note that board positions in personally held
companies or other private interests are excluded from this definition. Earned
Income excludes pension and other investment income. A retired member, who
subsequently returns to professional work, whether full-time or part-time, must
notify ICATT and may be required to return to the active list.