Prior to her appointment as president, Mrs. O’Reilly served for two terms as Vice-President of ICATT, as Chair of the former Quality Assurance Committee and subsequently as the ex-officio member of the Licensing Committee. She sits on the Professional Accounting Organization Development Group Committee of IFAC and is the current Director for Trinidad and Tobago on the Board of Directors of the Institute of Chartered Accountants of the Caribbean (ICAC). A Chartered Accountant and Managing Director of KS Chinpire Contracting Services Limited, a third-generation family business which has been operating for over 50 years mainly in the gas and energy sector, Mrs. Chinpire O’Reilly has also performed executive roles on the Board of the Couva/Point Lisas Chamber of Commerce
The Institute of Chartered Accountants of Trinidad & Tobago (ICATT) was established 50 years ago by an Act of Parliament in 1970. Prior to ICATT’s establishment, there existed the Trinidad and Tobago Association of Chartered and Certified Accountants – a small association of professional accountants with varying designations. Members of this group lobbied Government for the incorporation of a local accountancy body which would set its own examinations and regulations. The origins were humble but the objectives of the Institute were bold, focusing on forging a new path in the local accountancy profession. ICATT’s responsibility was for the training, development and sustainability of the accounting profession through education and lobbying to government on matters of a national interest.
ICATT’s membership today stands at 1,640 active members who operate in all sectors of the economy and Government. We adhere to the ethical code of Integrity, Objectivity, Professional Competence, Confidentiality and Professional Behavior.
Our Council comprises volunteers, who are members elected from the general membership at the Annual General Meeting. They represent the various interest groups within the profession, such as the Big Four (the four major accounting firms locally), Small and Medium Size Practitioners and Professional Accountants in Business. ICATT’s administrative functions are undertaken by a Secretariat comprising some 12 staff. ICATT hosts monthly technical and soft skill CPD training sessions for its members and other non-member accounting professionals.
ICATT is a member of the International Federation of Accountants and Trinidad and Tobago was one of the first countries to fully adopt International Financial Reporting Standards (IFRS) formerly International Accounting Standards in 1999 and later adopted IFRS for SMEs in 2010. The Institute has also successfully engaged in the Practice Monitoring initiative which is intended to serve the interest of the public. The Practice Monitoring process involves visiting licensed auditors/firms and reviewing their audit files to verify whether they have complied with International Standards on Auditing (ISA) and is an important component of the self – regulatory functions of the Accountancy Profession. In 2015, ICATT adopted the International Federation of Accountants (IFAC) Code of Ethics and Professional Conduct in replacement of the Rules of Conduct. In addition, the practice monitoring programme was renewed after several years of successful implementation. ICATT’s independent Reviewer will continue to be the Association of Certified Chartered Accountants (ACCA).
The Institute has engaged in strategic relations with various stakeholders, including the Government, state regulatory agencies, the Bankers Association and various Trade Associations. With the advent of globalization and the technology boom, the professional landscape in which we, as accountants operate, is rapidly and continuously changing and becoming far more sophisticated and complex. The Institute was moved, therefore, to revisit its operational model and make the necessary adjustments to keep pace with these rapid changes and to address the complexities of the 21st century.
We, at ICATT, hope to forge stronger relationships with our members and our key stakeholders to bolster the profession and provide a voice on key topical matters facing our business community and the economy.
Joint Scheme Agreement
In June 2010 ICATT formally renewed its Joint Examination Scheme Agreement with the Association of Certified Chartered Accountants (ACCA) for another five-year term. This agreement positions ICATT as the local administrator of ACCA’s educational programmes and examinations in Trinidad and Tobago for its Professional and Technician students numbering approximately 7,000. The agreement was signed between ACCA’s Regional Director- Europe and Americas, Mr. Roger Acton and (then) ICATT President, Mr. Anthony Pierre.
Rules & Regulations
ICATT Code of Ethics – Code of Ethics for Professional Accountants
In 2015 ICATT adopted the IFAC Code of Ethics for Professional Accountants in replacement of the Rules of Conduct.
The IFAC Code of Ethics for Professional Accountants clarifies the requirements for all professional accountants and significantly strengthening the independence requirements of auditors.
The International Ethics Standards Board for Accountants® (IESBA®) released a revised Code of Ethics for Professional Accountants in 2018. This updated Code brings together key ethics advances, is clearer about how accountants should deal with ethics and independence issues, and is easier to use and enforce. This code has been in effect from June 15th, 2019.
Code of Conduct for Members of Council, Tribunals and Committees of Council:
Definition of Public Interest Entity (PIE)
The Council of The Institute of Chartered Accountants of Trinidad & Tobago (ICATT) has approved a definition of a Public Interest Entity, together with considerations with regard to the Long Association of Senior Personnel (Including Partner Rotation) with an Audit Client for the guidance of members. This definition of a Public Interest Entity and the Long Association for Senior Personnel Exemption shall become effective for audits of financial statements for periods beginning on or after 15 December, 2017.
Click here for the full document
Definition of Public Practice
In accordance with the ICATT Rules and Regulations, the definition of Public Practice is as follows:
Public Practice which may be undertaken by a person means:
a) accepting an appointment as an auditor; or
b) signing or producing any accounts or report or certificate or tax return concerning any person’s financial affairs in circumstances where reliance is likely to be placed on such accounts or report or certificate or tax return by any other person (the third party), or doing any other thing which may lead the third party to believe that the accounts or report or certificate or tax return concerning the financial affairs of such a person have been prepared, approved or reviewed by the practitioner; or
c) holding oneself out, or allowing oneself to be held out, as being available to undertake the activities referred to in (a) and (b) above and allowing oneself to be known as a firm of “Chartered Accountants”, an “Accountant” or an “Auditor” or any similar description or designation in the context of the practitioner’s business shall be regarded as an example of such a holding out; or
d) holding oneself out, or allowing oneself to be held out, as a sole proprietor, partner or director of a firm, where public practice is carried on.
ICATT Council 2020-2021
Dwayne Rodriguez-Seijas is an Assurance Partner at PricewaterhouseCoopers Trinidad and Tobago(PwC) and has been with the firm for approximately 20 years. He is a Fellow of the Association of Chartered Certified Accountants (ACCA) and a member in practice of ICATT. Dwayne has served on the ICATT Council for the last 5 years most recently as Chairman of the Auditing and Accounting Standards Committee, having previously chaired the Membership Committee. Dwayne is also the joint Chairman of the Technical Committee of the Institute of Chartered Accountants of the Caribbean (ICAC) and a former member of the Caribbean Corporate Governance Institute (CCGI).
Stacy Ann Golding is a three-term President of ICATT since her first appointment in 2017. Ms. Golding is an Entrepreneur and Financial Services Consultant who recently retired as Audit Partner with lead accountancy firm, KPMG in Trinidad & Tobago. She is a Fellow of the Association of Certified Chartered Accountants (FCCA)and has served on the ICATT Council since March 2014. Prior to her current appointment, she was First Vice-President (2016-2017) and Second Vice-President (2015-2016). She has also held the position of Chair of the Auditing and Accounting Standards (A&AS) Committee.
With more than 25 years of professional experience in audits of both public and private sector clients, Ms. Golding has worked throughout the Caribbean region. She has served as lead audit partner of several regional clients, as an engagement quality review partner and was responsible for Corporate Social Responsibility and Risk Management.
Nicole Joseph has been a member of the ICATT Council for the past 11 years. At ICATT she is also the Chairperson of the Taxation Committee and previously served as the Chair of the Membership Committee. Nicole is the Tax Partner at Grant Thornton ORBIT Solutions Limited and has over 21 years’ experience in providing tax advisory and compliance services to local and international clients across all sectors. Ms. Joseph was the Director of Tax Services at KPMG. She has presented on several tax forums including commentaries on annual budgets and other tax training seminars. In 2002, she became a Fellow of the Association of Chartered Certified Accountants (ACCA) and in 2018 became a Practising Member of ICATT. Ms. Joseph also serves as a Board Member and Treasurer of The Trinidad and Tobago Cancer Society.
Krishna Boodhai is the Managing Director of Hanover Construction Company Limited. Mr. Boodhai currently serves as the Chairperson of the PAIB Committee of ICATT. He has held a variety of roles in the business world over the past 45 years including that of Managing Director at IBL Bank, Chief Executive Officer of ICATT 2008 -2010. He served as Chief Financial Officer, Caribbean Money Market Brokers and Chief Financial Officer – Citibank, Trinidad.. Mr. Boodhai once served as the Chairman of the University of the West Indies (UWI) Audit Committee, a position he held since 2009 and was a member of the UWI Council 2014/2015. Mr. Boodhai is a member of ICATT and is a member and past president of the Rotary Club of St. Augustine.
Dianne A. Mano is a Certified Chartered Accountant, a Certified Anti-Money-Laundering Specialist and Principal of D. Mano & Co. She is also an Attorney at Law attached to Trinity Chambers and was admitted to the Bar in Trinidad & Tobago in 2014.Dianne is a member of the Association of Certified Chartered Accountants (ACCA), a member of the Institute of Certified Chartered Accountants (ICATT) and a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS).She also has experience in both the accounting and auditing fields in Trinidad & Tobago for approximately nine years. Dianne was an auditor in the Assurance Department at Ernst & Young. She has been a practising Attorney at Law for the past two years and currently provides consultancy services to financial institutions and listed businesses.
Dinesh Bhola is the Principal of D.S. Bhola & Co and the Managing Director of DSB Financial Solutions Ltd. He is also a fellow of the Association of Certified Chartered Accountants (ACCA) and a Member of the Institute of Internal Auditors (IIA). Dinesh currently serves as the Chairman of the SMP Committee of ICATT. He was formerly a Director in the Assurance Department at PricewaterhouseCoopers (PwC). Throughout his 18-year career, Dinesh has worked on several engagements spanning a multitude of entities including multinational companies, state-owned enterprises, financial institutions, local conglomerates and entities within the SME sector. Dinesh is positioned to provide a fresh and balanced perspective at Council level having had several years of experience at a Big 4 firm and now operating on his own as a full-time SME practitioner.
Vijay Parabdeen is a Chartered Accountant and a member of ICATT, who has served on the Institute’s Small and Medium-size Practitioners Committee. In the 2018/2019 term, Mr. Parabdeen was the Vice Chairperson of the SMP Committee, and now serves as the Vice Chairperson of the PAIB Committee of ICATT. He is currently the Corporate Manager at FCB and was a Partner at Aegis & Co. and Client Services Director, leading the consultancy services of Aegis Business Solutions Limited. Vijay has conducted special investigations on statutory authorities and other government entities in the Cayman Islands. These focused on compliance with regulations, policies and procedures, procurement practices and ex-post evaluations of capital projects. He has implemented procurement practices for public tenders of a ministry in the Cayman Islands and served on evaluation committees for these tenders. He has received formal training on best practices for procurement from Crown Agents of the UK.
Kerry Mohammed is a Chartered Accountant and a regional finance & marketing consultant. He was elected to Council at the Institute’s 48th Annual General Meeting in 2018. As a practicing member of ICATT for over 12 years, he has served on both the Membership and Members and Students Relations Committees. In the 2018/2019 term, Mr. Mohammed was the Vice Chairperson of ICATT’s Auditing and Accounting Standards Committee and now currently serves as Chairman of the SMP( Small & Medium Practitioner) Committee of ICATT. Mr Mohammed also serves on the (ICAC) Institute of Chartered Accountants Of the Caribbean’s committee for regional practice monitoring. Kerry qualified as a Chartered Certified Accountant at the age of 22 and holds the position of Chief Advisor of KMC (Kerry Mohammed Consulting), where he provides strategic business development services. He is also Lead audit Partner of W Mohammed & Co. Audit & Assurance & Chief Marketing Officer of Atlantic Trading Co. Ltd. Kerry serves on the boards of several private limited liability companies. He was educated and trained in the United Kingdom, gaining a Bachelor’s Degree (Hons.) in Applied Accounting from Oxford Brookes University, and is a fellow of the Association of Chartered Certified Accountants
Adrienne D’Arcy is a Partner in EY’s Assurance Service Line in the Trinidad and Tobago office. She has more than twenty years of audit and accounting experience serving large domestic, regional and international clients in the financial services industry. Adrienne is a fellow member of the Association of Chartered Certified Accountants. For the 2019/2020 term, Adrienne was appointed as the Vice Chairperson of the Auditing and Accounting Standards Committee.
She is also a practising member of the Institute of Chartered Accountants of Trinidad and Tobago (ICATT) and represents ICATT on the Payments System Council of the Central Bank of Trinidad and Tobago. A proud mother of three and wife, she believes in work/life balance. She is also a former national athlete and gives her time to worthy causes including serving on the Boards of two of Trinidad’s leading private schools.
Arun is a practising member of ICATT, and has previously served on the Taxation Committee. He is a partner at Deloitte & Touche, and leads the Taxation and Business process services department of the firm. With 20 years experience in public accounting, Arun has also done work in the areas of audit & assurance, information technology and risk advisory for several local and multi-national companies in a variety of industries. His focus within the area of tax encompasses international consulting, direct and indirect compliance, tax planning, due diligence, mergers and acquisitions as well as international assignee services. In his free time, Arun works with a number of volunteer organizations focussed on improving the lives and well-being of the citizens of the country and the wider Caribbean. He is also an animal lover and an avid sports fan. Arun’s desire to serve on council stems from his belief of always giving back to a society and a profession that has given so much to him. He believes in ethics and good governance, and wants to see these continue to be at the forefront of the profession.
Keith Andre Mills is a qualified accountant with over 20 years’ experience in the Telecoms, Aviation, Manufacturing, Healthcare and Insurance industries. Mr Mills is a professional accountant with over 20 years’ experience who now works in the position of AVP Shared Services, Integrated Retail Business Unit – Massy Group. Prior to joining Massy, he was appointed Executive Manager Finance and Information Technology at NAGICO Insurance (Trinidad and Tobago) Limited with specific responsibility for strategic leadership of these areas. Keith has served on several Boards for various entities and has been operating at the highest levels of management both in the Public and Private Sectors. In 2019, he was elected to represent ICATT on the Trinidad and Tobago Group of Professional Associations Limited (TTGA) Board. Keith is committed to contributing to the profession of accounting in a tangible way that impacts the overall profession and more so in Trinidad and Tobago.
ICATT Staff 2020
ICATT is a non-profit organization, the affairs of which are currently supported by a Secretariat managed by the Chief Executive Officer.
- Esther Le Gendre – Chief Executive Officer
- Tabia Holder – Corporate Secretary
- Giselle Jackman – Manager, Administration and Finance
- Chris Zaccai – Manager, Member and Student Relations
- Khalisha Harripersad – Manager, Communications and Events
- Gizelle Gittens – Education and Training Coordinator
- Ariel Burgin – Senior Member Service Representative
- Kizzie Bruce – Member Service Representative
- Sherwyn Williams – Administrative Assistant
- Orisha Jones – Office Assistant/Telephone Operator
To effectively promote, regulate and support the development of the Accountancy Profession in Trinidad and Tobago, and ensure adherence to the highest technical and ethical standards, for the benefit of members, students and the general public.
ICATT’s Practice Monitoring Programme was adopted in 2007 and the audit monitoring visits commenced in 2009. The initiative is a Quality Assurance programme intended to serve the interest of the public. The process involves visiting practicing members and firms to review their audit working papers and files for compliance with International Standards on Auditing and the adoption of best international practice in the management of their firms; including compliance with the IFAC Code of Ethics and Professional Conduct.
ICATT’s committees are chaired by our Council members and committee representation is made up of the various interest groups within the profession, such as the Large International Firms, Small and Medium Size Practitioners and Professional Accountants in Business.
|President:||Ms. Denise Chinpire O’Reilly|
|Vice President:||Mr Dwayne Rodriguez-Seijas.|
|Ms. Stacy-Ann Golding||Mr. Vijay Parabdeed||Mr. Kerry Mohammed|
|Ms. Dianne A. Mano||Mr. Dinesh Bhola||Mr. Arun Seenath|
|Ms. Adrienne D’Arcy||Mr. Krishna Boodhai||Mr. Keith Andre Mills|
|Auditing & Accounting Standards Committee:|
|Chairman:||Ms. Stacy-Ann Golding|
|Vice Chairman:||Ms. Adrienne D’Arcy|
|Ms. Reneé-Lisa Philip||Mr. Daniel Bissoondial||Ms. Taryn Salazar|
|Mr. Rishi Motilal||Mr. Kerry Mohammed||Mr. Desmond Dial|
|Ms. Marissa Quashie|
|Chairman:||Ms. Nola Drayton-Smith|
|Vice Chairman:||Mr. Edmund Phillips|
|Mr. Howard Dottin||Ms. Anne- Marie James|
|Mrs. Avyann Ferguson-Awai (Non- ICATT)||Mr. Richard Look Kin (Non- ICATT)||Ms. Melissa Mano (Non- ICATT)|
|Members & Students Relations Committee:|
|Chairman:||Mr. Dinesh Bhola|
|Vice Chairman:||Mr. Vijay Parabdeen|
|Mr. Mark Superville||Mr. Ravi Dass||Ms. Lucy Ann Henry|
|Ms. Kimberly Romain||Mr. Sean Mc Millan||Mr. Jagdesh Parey|
|Ms. Venita Ramlal||Ms. Karen Doolarchan||Ms. Andrea Borneo-Ragoo|
|Professional Accountants in Business Committee:|
|Chairman:||Mr. Vijay Parabdeen|
|Vice Chairman:||Mr. Andre Mills|
|Ms. Anisa Mohammed||Mr. Rishi Motilal||Ms. Dawn Hackett|
|Ms. Michelle Newallo||Mr. Wayne Diaz||Mr. Keith André Mills|
|Ms. Sheree Welch||Ms. Bernadette Sammy||Mr. Osben J Cuffie|
|Small and Medium Practitioners Committee:|
|Chairman:||Mr. Kerry Mohammed|
|Vice Chairman:||Ms. Stacy-Ann Golding|
|Mr. Atiba Caddle||Ms. Nalini Raquel Suratsingh||Ms. Hyacinth Simms|
|Mr. Tosca James||Ms. Lucy Ann Henry||Ms. Vidya Ramdass|
|Mr. Ram Ramsaran||Mr. Russell Vivian Murray||Mr. Christopher Ramjit|
|Mr. Jason Ricardo Ali|
|Chairman:||Mr. Arun Seenath|
|Vice Chairman:||Ms. Nicole Joseph|
|Mr. Rupert Gooding||Mr. Sinanan Dass||Mr. Keith Robinson|
|Mr. Shivanan Deopersad||Mr. Suresh Cassie||Mr. Anil Avery Bridglal|
|Mr. Michael Brook Abraham||Ms. Susan Ramsamooj||Mr. Carl Sooko|
|Ms. Yolande Marshall||Ms. Jo-Anne Mark|
|Disciplinary Proceedings Panel|
|Investigations Tribunals||Disciplinary Tribunals||Appeal Committee|
|Chairman Mr. Nigel Irish||Chairman Ms. Ingrid Lashley||Chairman Justice Annestine Sealey (Ret’d)
Mr. Junior Frederick
Mr. Raymond Crichton
Mr. Steve Waldron
|Members – Attorneys|
|Mr. Barrie Attzs||Ms. Dawn Seepersad||Ms. Colleen Murray|
|Ms. Jo Anne Julien||Ms. Natasha Ashby|
|Members – Non Accountants|
|Mr. Martin De Gannes||Mr. Ulric Miller||Mr. Ravi Suryadevara|
|Mr. Nigel Baptiste|
|Members – ICATT Members|
|Mr. Leslie Nelson||Mr. Binode Bajnath||Mr. Carl Sooko|
|Mr. Shiva Manraj||Ms. Donna Jack||Ms. Pamela Seesahai|
|Mr.Rajesh Rajkumarsingh||Mrs. Savatary Lopez||Mr. Nigel Romano|
|Ms. Varesha Besai|
|The Auditing & Accounting Standards Committee||The purpose of the Auditing and Accounting Standards Committee is to improve the standards of accounting and financial reporting in Trinidad and Tobago in accordance with the International Accounting Standards (IAS)||3rd Thursday at 4:00pm|
|Disciplinary Proceedings Panel and Appeals Panel||The Disciplinary Proceedings Panel and to the Appeals Panel consists of members and non-members deemed fit and proper by Council to serve on:
a) Investigation Tribunals;
b) Disciplinary Tribunals; and
c) Appeals Committees
from time to time and on a case by case basis. All committee and tribunal members shall be drawn from the Disciplinary Proceedings Panel and the Appeals Panel respectively.
The Disciplinary Proceedings Panel and the Appeals Panel will comprise of not more than 30 Members; and 6 non-accountants and 6 of whom shall be attorneys-at-law. Appointment to the respective Panels shall be for a period of 3 years; and members shall be eligible for re-appointment for a further period of 3 years.
|As and when required|
|Licensing Committee||The Licensing Committee was appointed by Council with the sole responsibility of:
a) considering whether to grant, renew, amend or cancel Practising and Auditing Certificates issued by the Institute;
b) overseeing the Institute’s Practice Monitoring Program; and
c) reviewing and taking appropriate action in respect of each monitoring report.
|4th Thursday at 2:00 pm|
|Members & Students Relations Committee||To capture students’ interest and get them more involved in the Institute. To encourage networking opportunities with the other accountants, business communities and Government, this will raise ICATT’s profile. To develop CPD Programmes for all members and to encourage the expansion of our Membership base||2nd Thursday at 3:00 pm|
|Professional Accountants in Business (PAIB) Committee||The purpose of the PAIB Committee is to reach out to, and serve, the professional accountants in Trinidad and Tobago who work in industry, commerce, education, public sector and non-profit organizations. This committee focuses on exposing professional accountants to global developments, good practice guidance and knowledge sharing that will enhance the role and domain of professional accountants in business||2nd Tuesday at 10:00 am|
|Small and Medium Size Practitioner (SMP) Committee||The primary roles of the SMP Committee are to address issues affecting Small and Medium Practitioners, be champions for changes including exerting influence on other stakeholders and to make recommendations to The Taxation Committee||1st Monday at 4:00 pm|
|The Taxation Committee||The Taxation Committee assists the general membership in developing expertise in taxation and related areas. A major goal of the Committee is to prepare a working document for Council’s consideration on the simplification of the taxation laws of Trinidad and Tobago and make suggestions relating to improvement in the area of tax administration||4th Tuesday at 4:00 pm|
|Public Sector Accounting Standards Committee||This Committee was established in 2012. It consists of maximum nine (9) members inclusive of the Chairman and Vice Chairman who are Council Members. The main objectives of this Committee are to consider, review, prepare and present recommendations to ICATT’s Council on matters pertaining to International Public-Sector Accounting Standards, policies, procedures, administration and adaptability relevant to Trinidad and Tobago||As and when required|
ICATT has had a sterling list of individuals who served at the helm over our four and half decades of existence.