INSTITUTE OF
CHARTERED
ACCOUNTANTS
OF GUYANA
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The Institute of Chartered Accountants of Guyana (ICAG) is the body responsible for the regulation of the accounting profession in Guyana under the Institute of Chartered Accountants of Guyana Act 1991. It is a public interest body whose objects include the promotion and increase of the proficiency of its members and students, regulation of the conduct of its members and students and promotion of the accountancy profession.

The ICAG is a member of the Institute of Chartered Accountants of the Caribbean (ICAC)  and the International Federation of Accountants (IFAC) and has adopted standards and codes for application by its members including:


The IFAC Code of Ethics issued by the International Ethics Standards Board for Accountants (IESBA). IESBA pronouncements form ethics guidance to be followed by members.

International  Financial  Reporting  Standards (IFRS) issued by the International Accounting Standards Board (IASB). IASB pronouncements form financial reporting guidance to be applied by members.

International Standards on Auditing (ISAs) issued by the International Accounting and Auditing Standards Board (IAASB). IAASB pronouncements form auditing guidance to be followed by members. As a part of compliance with ISAs, ICAG Members are subject to Practice Monitoring.

Monitoring  is  conducted  on  behalf  of  ICAG  by  the   Association  of  Chartered  Certified Accountants (ACCA) and reports submitted to an independent Regulatory Committee for review and action.

Members of ICAG hold individual membership to at least one of the following professional bodies - Institute of Chartered Accountants in England and Wales,  Institute of Chartered Accountants in Ireland, Institute of Chartered Accountants in Scotland,  The Canadian Institute of Chartered Accountants, The Association of Chartered Certified Accountants and The American Institute of Public Accountants - and in addition to  standards, guidance and codes adopted by ICAG are also subject to their individual professional membership obligations.
A MEMBER OF -
Institute of Chartered Accountants
of the Caribbean (ICAC)
 
The International Federation
of Accountants (IFAC ) ICAG Action Plan