The Public Accountancy Board (PAB) has made arrangements to establish a programme of audit monitoring of its registrants, based on international standards and best practice. These arrangements have been made through collaboration with the Institute of Chartered Accountants of Jamaica (ICAJ), the Institute of Chartered Accountants of the Caribbean (ICAC) and the Association of Chartered Certified Accountants (ACCA).
Persons wishing to practise as Public Accountants in Jamaica must register with and obtain a Practising Certificate from the Board. To qualify for registration, applicants must
- Be members of the Institute of Chartered Accountants of Jamaica (The Institute), qualify for the Practising Certificate from the Instititue and meet other criteria established by the Board.
- Be qualified to practise accountancy in another jurisdiction by virtue of having attained an academic qualification which is approved by the Minister after consultation with the Board and meet other criteria established by the Board including qualifying for a Practising Certificate from the Institute.
- Be ordinarily resident in Jamaica
The Public Accountancy Board was established under the Public Accountancy Act and is appointed by the Honorable Minister of Finance and the Public Service. Its main functions are the registration and discipline of Public Accountants in Jamaica.
In pursuit of these obligations, the Board is mandated to establish the academic qualifications and other criteria to be met by persons wishing to be registered, establish standards of work and professional conduct to be public accountants, hear, investigate and adjudicate on complaints against registrants and take disciplinary measures where required.