The Institute of Chartered Accountants of Trinidad and Tobago (ICATT) is a professional

accountancy Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language ...

body in

Trinidad and Tobago Trinidad and Tobago (, ), officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago, and numerous much smaller islands, it is situated south of ...

. It is the sole organization in Trinidad and Tobago with the right to award the Chartered Accountant designation. ICATT is a member of the

Institute of Chartered Accountants of the Caribbean The Institute of Chartered Accountants of the Caribbean (ICAC) is an association of accounting organizations in the Caribbean region that promotes professionalism and standards of best practice in the region. Purpose The ICAC was incorporated as ...

. ICATT is also a member of the

International Federation of Accountants The International Federation of Accountants (IFAC) is the global advocacy organization for the accountancy profession; mainly for the financial accounting and auditing professions. Founded in 1977, IFAC has more than 175 members and associates in ...

(IFAC). Trinidad and Tobago was one of the first countries to fully adopt

International Financial Reporting Standards International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's f ...

(IFRS) in 1999. More recently the country adopted IFRS for SMEs in 2010.

References

{{IFAC Members Member bodies of the International Federation of Accountants