PUBLIC ACCOUNTANCY BOARD

CERTIFICATE OF REGISTRATION APPLICATION PROCESS

PUBLIC ACCOUNTANCY BOARD

APPLICATION FORM FOR ISSUANCE OF CERTIFICATE OF REGISTRATION

INFORMATION & INSTRUCTIONS This form must be completed in print/block letters and returned to the Institute of Chartered Accountants of Jamaica, 8 Ruthven Road, Kingston 10, Jamaica for processing and transmission to the Public Accountancy Board of Jamaica.  Persons applying for a certificate of registration are required to be at least 21 years old and must satisfy the ethical, educational and experience requirements of the Public Accountancy Act and the accompanying Regulations. A cheque for the required fee, made payable to the Public Accountancy Board, must accompany this form. An applicant may/may not be invited to attend an interview with reference to the application for certificate of registration.

 

Surname                                                 First                                        Middle             Title (Mr/Mrs/Miss)

Building & Street

 

 

3.        Date of birth______________________________

                                   Day/Month/Year

 

3a. Taxpayer’s Registration Number_______________________                                              

 

4.        Place of birth_______________________________________Nationality_______________________________

 

 

5.        I intend to practice in the area of public accountancy as a:

ð Sole practitioner____________________________________________

ð Partner in the firm of _______________________________________

ð Employee in the firm of _____________________________________

ð Part-time practitioner _______________________________________

 

 

6. Have you previously applied for a licence/certificate from the Public Accountancy Board? ð  Yes     ð  No

 

If the answer to the question is “yes”, please indicate the date of the previous application.   If the application was not successful, please indicate the reason why the application was not approved.   If the application was approved, please indicate the reason for this new application.

 

 

7.      I am a member in good standing with the following qualifying body __________________________________ _______________________________________having been admitted to membership in the year___________.                                                    

8.          I hereby provide authorisation for confirmation as to whether or not I (the applicant) am member in good standing with  the following professional accounting organisation: Name:____________________________________________________________________________________

Mailing address                           Building & Street 

 

Email Address___________________________________________________Telephone No._______________

 

 

 

 

 

 

 

Fit and Proper Person

 

9.        Have you ever been:

a)      Found guilty of a criminal offence?                                                                                                  ð  Yes     ð  No

b)      Adjudged bankrupt or made an arrangement with creditors?                                                      ð  Yes     ð  No

c)      Subject to disciplinary proceedings by a professional organisation?                                        ð  Yes     ð  No

 

10.     Are there any criminal charges or professional disciplinary proceedings pending against you?   ð  Yes    ð   No

If yes, please provide details and attach other page(s) as needed.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

   

11.     Has any licensing or disciplinary authority ever refused to issue you with a licence or revoked, cancelled, accepted surrender or suspended, placed on probation or refused to renew a professional license/certificate held by you now or previously or ever fined, censured, reprimanded or otherwise disciplined you? ð  Yes   ð  No

If yes, please provide details and attach other page(s) as needed.       ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

12.     In order to assess your character and integrity, please submit the names and addresses of two referees who are not related to you and who have known you for a number of years.     The references need to be any of the following persons:-

(i) a Registered Public Accountant     (ii) an Attorney at Law

(iii) a Justice of the Peace                   (iv) a Minister of Religion

 

In supplying their names you hereby give authorisation for them to be contacted for purposes of obtaining the required references.  (The persons designated will be contacted by mail or telephone and a prompt reply is required for this application to be processed).

 

 

 

Continuity of Practice (Not applicable to an employee in a firm of registered auditors/public accountants)

 

13.     I have made arrangements for continuity of my practice in the event of my death or incapacity:

 

Yes   ð   See copy of relevant documentation attached.

No    ð

 

Notification

 

14.     I agree to comply with any and all notification requirements, included in the regulations of the Public Accountancy Act, and will provide such notification within 30 days of the event (e.g. change in name or composition of  the firm or partnership).                                                                                                ð  Yes    ð   No

 

Maintenance of Competence

 

15.     I acknowledge my professional duty to ensure that the quality of my knowledge and service is maintained and will undertake adequate continuing professional development as required by the membership regulations of ______________________________________________________, the qualifying professional body with which I am affiliated, as an underlying condition of this application.                                           ð  Yes    ð   No

 

 

 

Conduct of Public Practice

 

16.     I will comply with the rules of professional conduct issued by the Public Accountancy Board.  ð  Yes    ð   No

 

Professional Indemnity Insurance

 

17.     I will obtain adequate professional indemnity insurance, as required by the regulations, to cover any liabilities that may arise in the practice of the public accountancy profession.                                      ð  Yes    ð   No

 

 

18.     By what route did you become a member of the body referred to at paragraph 7 above

ð        Membership in the Institute of Chartered Accountants of Jamaica by virtue of being a member of:

(a) The Chartered Association of Certified Accountants (ACCA) in the U.K.

(b) The Institute of Chartered Accountants of England and Wales

©   The Institute of Chartered Accountants of Scotland

(d) The Institute of Chartered Accountants of Ireland

(e) The Institute of Chartered Accountants of any Province of Canada

(f) Passing the M.Sc Accounting examination of the University of the West Indies

ð    Membership of the American Institute of Certified Public Accountants (AICPA)

ð    Membership of any other qualifying body approved by the Public Accountancy Board (state name of body).

 

19.     The details of my educational qualification(s) in support of this application are as follows:

 

Educational Qualification(s)	Educational Institution	Date Qualification(s) Obtained

 

 

20.     I have completed the qualifying experience requirement of 60 months of accountancy and auditing experience in role/roles, which has/have prepared me to provide auditing and accountancy services to the public.  At least 24 months of this experience have been obtained after admission to membership of the qualifying professional accountancy body, identified above, while working at a senior level[1] under supervision of a registered public accountant.  

 

21.     With respect to my qualifying experience, I have attached completed evaluation reports, in the required format, from two registered public accounting practitioners with whom I have worked and have accumulated the required number of years of audit and accountancy experience at a senior level.  I hereby give authorisation for these persons to be contacted:

 

 

 

 

 

 

22.     I have read the Public Accountancy Act and the Regulations thereto and hereby apply for a certificate of registration.  I am aware that a practising certificate is issued annually, beginning January 1 of each year, for which an annual fee, determined by the Public Accountancy Board is payable.                                ð  Yes    ð   No

 

23.     I declare that:  I have met the age, ethical, educational and experience requirements and have provided evidence of this in the required manner and format.                                                                                      ð  Yes    ð   No

 

24.     I have enclosed the amount of ______________ for application and registration fee.                  ð  Yes    ð   No

 

25.     I understand that a false declaration on this form may invalidate any decision(s) related to this application and confirm that the information given in this form is true, accurate and complete.                             ð  Yes    ð   No

 

Date_____________________________________ Applicant’s Signature__________________________________

 

 

FOR OFFICIAL USE ONLY
INSTITUTE OF CHARTERED ACCOUNTANT’S OF JAMAICA
Date of Receipt of Application	ICAJ’s Recommendation:   ð Acceptance of Application   ð Refusal of Application		Basis of Decision: Age Requirements Met?                 ð  Yes   ð  No Ethical Requirements Met?             ð  Yes   ð  No Educational Requirements Met?     ð  Yes   ð  No Member in Good Standing with Qualifying Body Requirement Met? ð Yes    ð  No			Date Application Forwarded to PAB:
	Signed by:		Print Name of Signatory:
PUBLIC ACCOUNTANCY BOARD
Date of Receipt of Application from ICAJ		Decision: ð Acceptance of Application   ð Refusal of Application		Entry in Register:	Certificate Number:
		Signed by the President		Print Name of Signatory:

 

PUBLIC ACCOUNTANCY BOARD

EVALUATION REPORT 

QUALIFYING EXPERIENCE IN SUPPORT OF CERTIFICATION OF REGISTRATION APPLICATION

INFORMATION & INSTRUCTIONS All applicants for a practising certificate must present satisfactory evidence that they have obtained 60 months of qualifying accountancy experience in role/roles, which has/have prepared him/her to provide auditing and accountancy services to the public; 24 months of this experience must have been obtained after admission to membership of the qualifying professional accountancy body.  Such experience must be of a diversified nature involving the application of generally accepted accounting principles and generally accepted auditing standards in the practice of public accountancy, at a senior level,[2] under the supervision of a registered public accountant.  This form must be completed and signed by a registered public accountant who has supervised the applicant during the time the qualifying experience was being obtained and is able to make an objective evaluation of competencies demonstrated.  Applicants are required to have demonstrated 75% or more of the desired competencies to at least a medium level of proficiency.  The person who completes this form will be contacted to verify the information provided and a prompt reply is required for this application to be processed. An applicant may/may not be invited to attend an interview with reference to the application for certificate of registration.  Please complete written section in print/block letters.

 

Surname                                                 First                                        Middle             Title (Mr/Mrs/Miss)

 

1.        I ________________________________am a member of _______________________ and holder of a practising certificate from  ____________________________________________ and hereby confirm that the applicant,______________________________________, has gained experience of a diversified nature involving the application of generally accepted accounting principles and generally accepted auditing standards in the practice of public accountancy under supervision in my capacity as a sole practitioner or partner/manager in the public accountancy and auditing organisation/ firm noted below.

 

________________________________________________________Telephone No.  ____________________

 

2.        I have supervised the applicant over the time period ____________________________________when his/her level of accounting and auditing duties assigned were of a  senior level and his/her job title(s) during this period was/were _________________________________________________________________ _______________

 

 

LIST OF COMPETENCIES TO BE EVALUATED
	Competencies	Proficiency Level			Evaluator’s Signature
		High	Medium	Low
1.	Personal
a)	Able to communicate clearly and concisely (orally and in writing) and provide appropriate and timely feedback
b)	Able to establish and maintain interpersonal relationships with courtesy, honesty and integrity
c)	Has displayed initiative balanced with sound judgement in work environment
e)	Able to work well in one-on-one situations or as part of a team
f)	Able to lead and motivate team members
h)	Able to manage time and work schedule effectively and efficiently
i)	Able to solve problems and make good decisions
2.	Professional
a)	Able to listen well and interpret information appropriately
b)	Able to present information and ideas effectively and efficiently - formally and informally, orally and in writing
c)	Able to critically examine ideas/information and analyse, compare and interpret facts and figures
d)	Has good business sense and awareness of local and global economic trends
e)	Able to protect the confidentiality of information as required
f)	Able to maintain independence and objectivity in client interaction
g)	Has provided accounting/auditing and other related services in a professional manner
h)	Able to manage client and workplace relationships effectively
i)	Can identify, evaluate clients and assume responsibility for accounting, auditing and related services
j)	Can provide good client service and handle difficult client situations effectively
k)	Can understand and utilise available information and computer technology.
3.	Accounting
a)	Able to evaluate client’s accounting system requirements and makes appropriate recommendations
b)	Able to develop and/or evaluate accounting policies, standards and procedures in keeping with generally accepted accounting principles and practices
c)	Able to develop and/or evaluate organisational financial and non-financial performance measures
d)	Able to prepare accounts to meet internal and external requirements and deadlines
e)	Able to manage the accounting function of an organisation or a professional services practice
f)	Able to analyse and critique emerging technologies useful for accounting and performance measurement.
4.	Auditing
a)	Has good working knowledge and can evaluate and apply existing and emerging auditing standards
b)	Can evaluate clients’ auditing needs to determine the nature and scope of the audit engagements
c)	Can identify and evaluate risk and business issues in connection with audit engagements
d)	Able to plan, manage and control audit work effectively and in a timely manner
e)	Able to record audit work, evaluate evidence and results of analysis
f)	Able to draw conclusions concerning the adequacy of the clients’ accounting systems as well as whether the financial statements comply with applicable accounting standards
g)	Able to prepare and discuss audit reports on whether clients’ financial statements give a true and fair view of the organisation’s operations and financial position with clients and other stakeholders as required
h)	Able to manage audit function in a professional accountancy practice.

 

3.      I have checked and signed the appropriate sections specified on the list of competencies noted.   ð  Yes    ð   No

 

4.        I have reviewed the application form completed by the applicant and hereby state that to the best of my knowledge and belief the responses included therein are accurate.                                                                   ð  Yes    ð   No

 

5.        In my opinion this applicant has acquired 75 % or more of the listed competencies and personal attributes and I have arrived at this conclusion for the following reasons:

______________________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________________

 

6.     I confirm that the information given in this form is true, accurate and complete to the best of my knowledge and belief.                                                                                                                                                 ð  Yes    ð   No

 

 

Signature of the registered public accountant who both supervised applicant and completed this form:

 

               ______________________________________________ Date Signed____________________________