Become a Member

The Institute of Chartered Accountants regulates the practice of Accountancy in Trinidad & Tobago as well as the use of the Accountancy designations – CA.

When you become a Member, you become certified to practice as a Chartered Accountant.

 

MEMBERSHIP RULES

An application for Membership must be completed by first time applicants for ICATT membership, persons who were delisted from Membership for more than 3 years or by persons seeking membership on a reciprocal basis.  Applications may be submitted in print format or electronically via http://icatt.org/system/application-for-membership/ .

 

The form requires a clear statement of relevant experience and must be accompanied by two (2) references, at least one of which is a member of ICATT in good standing (in the case of applications for Membership) and the requisite fees.

The current Regulations governing Membership applications include the following key criteria:

  1. who has attained the age of 18 years;
  2. who is a citizen of Trinidad and Tobago; a resident of Trinidad and Tobago under the Immigration Act; a citizen of CARICOM; or who qualifies for reciprocal membership;
  3. who has passed such examination as may from time to time be prescribed by the Council, and can show to the satisfaction of Council that he has the approved accountancy experience, and has satisfied the Council of his having fulfilled the conditions made by Council from time to time; or
  4. who is a member in good standing of an IFAC member body approved by Council and has satisfied the Council of his having fulfilled the conditions made by Council from time to time.

 

PRACTISING REGULATIONS

The current Regulations governing PRACTICING CERTIFICATES include the following key criteria:

A member shall be eligible for a Practicing Certificate where:

  1. is a Member of the Institute or a member body of IFAC approved by Council for at least 2 continuous years;
  2. has at least 2,000 hours of relevant practical experience in the area(s) in which the member intends to practice over a period of minimum of 2 to maximum of 4 years.
  3. This practical experience must be completed under a Supervising Principal after admission to membership of the Institute;
  4. has completed a training record in a manner specified as acceptable by the Institute which includes the description and nature of work conducted, clients served, individual role on engagements, hours worked, training received, extent of supervision and review conducted by the member and any other information deemed necessary by the Licensing Committee, and
  5. has completed a course of instruction on ethics and professional practice subjects as approved by the Institute, or
  6. alternatively holds a current and valid practicing certificate from a member body of IFAC approved by Council, or
  7. held a valid practicing certificate issued by the Institute prior to Commencement Date

The current Regulations governing AUDITING CERTIFICATES include the following key criteria:

A member shall be eligible for an Auditing Certificate where:

  1. is a member of the Institute or a member body of IFAC approved by Council for at least 3 continuous years;
  2. has at least 3,000 audit hours (client related work) over a minimum period of 3 to a maximum of 4 years under an accredited Supervising Principal after admission to membership of the Institute. If on The Commencement Date, a Member has completed 1,500 audit hours (client related work) or 18 months of audit training that individual will be entitled to apply for an Auditing Certificate upon completing 2 years of audit under an accredited Supervising Principal;
  3. has completed a training record in a manner specified as acceptable by the Institute which includes the details of work conducted, clients served, individual role on engagements, hours worked, training received, extent of supervision and review conducted by the Member and any other information deemed necessary by the Licensing Committee; and
  4. has completed a course of instruction on ethics and professional practice subjects as approved by the Institute; or
  5. holds a current and valid practicing certificate, authorizing the Member to conduct audits, from a member body of IFAC approved by Council; or
  6.  held a valid practicing certificate issued by the Institute prior to Commencement Date.

Kindly click on the link to download the Guideline for the Issuance of Practicing and Auditing Certificates http://icatt.org/system/wp-content/uploads/2017/12/Guideline-Issuance-and-Renewal.pdf

 

NOTES

For the purposes of the abovementioned applications:

 

Membership:

Examinations of the following bodies are considered by the Council of ICATT as meeting our requirements are as follows:

  • The Institute of Chartered Accountants in England and Wales. (ICAEW)
  • The Institute of Chartered Accountants in Scotland (ICAS)
  • The Institute of Chartered Accountants in Ireland (ICAI)
  • The Association of Chartered Certified Accountants (ACCA)
  • The Chartered Institute of Management Accountants (CIMA)
  • The Association of International Accountants (AIA)
  • The American Institute of Certified Public Accountants (AICPA).
  • The Society of Management Accountants of Canada (CMA).
  • The Chartered Professional Accountants Canada – (CPA Canada) (comprises the Institute of Chartered Accountants of Nova Scotia (ICANS), the Certified General Accountants of Nova Scotia (CGA Nova Scotia) and the Certified Management Accountants of Nova Scotia (CMA Nova Scotia))

Such other bodies of Accountants as may from time to time be recommended by the Council and approved by the Institute in general meeting.

 

  • “Approved Accountancy Experience” means completed training of at least 3,000 hours over a minimum of 3 years, but a maximum of 5 years in the office of a practising accountant or in a responsible position in commerce, industry or government service or any combination thereof, provided that the individual has satisfied the Council as to his professional attainment or experience;

Kindly click here to complete the electronic format of the Membership Application http://icatt.org/system/application-for-membership-2/

 

Practising Certificate:

  • A “Supervising Principal” means a member engaged in Public Practice holding a valid Practising Certificate issued by the Institute or a member body of IFAC approved by Council, who provides supervision over the professional work and development of applicants for Practising Certificates;

Kindly click here to complete the electronic format of the Application for a Practising Certificate  https://icatt.org/system/application-for-a-practising-certificate-2/

 

Auditing Certificate:

  • “Accredited Supervising Principal” means a member engaged in audit practice holding a valid Auditing Certificate issued by the Institute or a member body of IFAC approved by Council, who provides supervision over the professional work and development of applicants for an Auditing Certificate;

Kindly click here to complete the electronic format of the Application for a Auditing Certificate https://icatt.org/system/application-for-an-auditing-certificate-2/

 

PROCESSING OF APPLICATIONS

An application for Membership, and Practising or Auditing Certificates, if properly completed, takes an average of three (3) months to be processed.

 

Online Payments Accepted

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