Denise Chinpire-O’Reilly was re-elected as President for a 2nd term at the 51st AGM. Prior to her appointment as president, she served for two terms as Vice-President and subsequently as the Licensing Committee’s ex-officio member. She sits on the Professional Accounting Organization Development Group Committee of IFAC. She 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, Mrs Chinpire O’Reilly has also performed executive roles on the Couva/Point Lisas Chamber of Commerce board.
The Institute of Chartered Accountants of Trinidad & Tobago (ICATT) was established 51 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 that 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 the government on matters of 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. In 2015 ICATT adopted the Code of Ethics for Professional Accountants 2018 in replacement of the Rules of Conduct. The Institute is governed according to approved Rules and Regulations agreed by the membership.
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.
Partnership in Education
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
Click here to view –ICATT – Regulations for Virtual General Meetings Schedule 7
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 2021-2022
Dwayne Rodriguez-Seijas was re-elected as Vice President for a second term at the 51st AGM. He 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). 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 and 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 former three-term president of ICATT. she is an Entrepreneur and Financial Services Consultant and formerly served as an Audit Partner with 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. 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 a lead audit partner of several regional clients, as an engagement quality review partner and was responsible for Corporate Social Responsibility and Risk Management.
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 and was admitted to the Bar in Trinidad & Tobago in 2014. Dianne is a member of the Association of Certified Chartered Accountants (ACCA), and a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS). She also has experience in both the accounting and auditing fields. 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). He was formerly a Director in the Assurance Department at PricewaterhouseCoopers (PwC). Throughout his carer, Dinesh has worked on several engagements spanning a multitude of entities including multinational companies, local conglomerates and entities within the SME sector. Dinesh hasseveral years of experience at a Big 4 firm and now operating on his own as a full-time SME practitioner.
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. She also represents ICATT on the Payments System Council of the Central Bank of Trinidad and Tobago. 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. He is a partner at Deloitte & Touche and leads the Taxation and Business process services department of the firm. With 20 years of experience in public accounting, Arun has also done work in the areas of audit & assurance, information technology and risk advisory for several local and multinational companies in a variety of industries. His focus within the area of tax encompasses international consulting, tax planning, due diligence, mergers and acquisitions and international assignee services. Arun also works with a number of volunteer organizations throughout the country.
Keith Andre Mills is a qualified accountant with over 20 years of experience in various industries. He is a professional accountant who now works in the position of AVP Shared Services, Integrated Retail Business Unit – Massy Group. 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 (TTGPA) Board. Keith is committed to contributing to the profession of accounting in a tangible way that impacts the overall profession.
Marissa Quashie is currently a Financial services sector leader within KPMG and is the engagement leader on audits of some of the larger Financial services and Group audits within the firm. Marissa is also part of the audit quality team at KPMG. She has been with KPMG for some twenty years and has served as a member of the Audit and Accounting Standards Committee of ICATT.
During a two-year secondment to KPMG Manchester, Marissa worked primarily in the Financial Services sector on International ). Marissa has made technical presentations at the Annual Finance and Accounting Conference as well as at several of ICATT’s seminars and webinars for the benefit of ICATT members.
Edmund Phillips is a fellow of ACCA and a member of ICATT and previously served on the Licensing Committee (formerly the Quality Assurance Committee) as its Vice-Chairman and the Public Accountants in Business (PAIB) Committee. He currently works with the Financial Institution Supervision Department of the Central Bank of Trinidad and Tobago. Before this, he was involved in private consulting, and preceding this, spent 10-years at PwC.
Renée-Lisa Philip is a Chartered Accountant with thirty-two years post qualification experience, having worked in the United States, the United Kingdom and Trinidad and Tobago. Renee previously served as the internal auditor at Texaco Trinidad Inc. and as an auditor/taxation specialist with Freedman Stuart Chartered Accountants in the UK. Her areas of specialization include company valuation, judicial management, auditing, leadership and coaching. She is currently a member of ISACA (formerly Information Systems Audit and Control Association); the holder of a Trustee Licence to conduct bankruptcy and insolvency business; an Anti-Money Laundering Certified Associate.
Christopher Ramjit is the Managing Principal of CR Next Generation Chartered Accountants, a Firm in existence for over 5 years.
He joined ICATT in 2013 and is a Member in Practice – Audit as well as a Fellow of the Association of Chartered Certified Accountants.
Christopher previously served as a member of ICATT’s Small and Medium-Sized Practitioners’ Committee and ICATT’s Membership Committee
ICATT Staff 2021
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
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||Ms. Dianne A. Mano||Mr. Dinesh Bhola|
|Ms. Adrienne D’Arcy||Mr. Arun Seenath||Mr. Keith Andre Mills|
|Ms. Marissa Quashie||Mr. Edmund Phillip||Ms. Renee Lisa Phillip|
|Mr. Christopher Ramjit|
|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:||Ms. Anne- Marie James|
|Ms. Melissa Mano (Non- ICATT)||Mrs. Avyann Ferguson-Awai (Non- ICATT)||Mr. Richard Look Kin (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:||Ms. Dianne Mano|
|Vice Chairman:||Mr. Andre Mills|
|Ms. Michelle Newallo||Mr. Wayne Diaz||Mr. Prakash Ramoutar|
|Ms. Sheree Welch||Ms. Bernadette Sammy||Mr. Osben J Cuffie|
|Small and Medium Practitioners Committee:|
|Chairman:||Ms. Renee-Lisa Phillip|
|Vice Chairman:||Mr. Christopher Ramjit|
|Ms. Lucyann Henry||Mr. Atiba Caddle||Mr. Tosca James|
|Mr. Russel Murray||Ms. Nalini Suratsingh||Mr. Jason Ali
|Ms. Jiselle Renaud|
|Chairman:||Mr. Arun Seenath|
|Vice Chairman:||Mr. Dwayne Rodriguez-Seijas|
|Mr. Shivanan Deopersad||Mr. Keith Robinson||Mr. Sinanan Dass|
|Mr. Anil Bridglal||Mr. Rupert Gooding||Mr. Carl Sooko|
|Mr. Kendell Robley||Ms. Yolande Marshall||Ms. Jo Anna Mark|
|Ms. Nicole Joseph|
|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.