The Institute of Chartered Accountants of the Caribbean (ICAC) was established on October 28, 1988, bringing together accountants within the English–speaking Caribbean. The founding members of the ICAC were Bahamas, Barbados, Belize, Guyana, Jamaica, St. Lucia, and Trinidad & Tobago. 

Today, with a network of over 4,000 professionals, the ICAC has grown to become the leading regional organization dedicated to advancing the interest of accountants and professionals in the finance industry within the Caribbean and parts of Latin America.

Since its establishment, the ICAC has provided a forum for the advancement of the accountancy profession in the region and promotes internationally acceptable standards, best practices, thought leadership, research and continuing professional development and its flagship event continues to be its Annual Conference held in June each year.

The ICAC has built strong international affiliations with multiple globally recognized, accountancy bodies.  In 2006, the ICAC was recognised by The International Federation of Accountants, (IFAC), based in New York, as an “Acknowledged Regional Grouping” of accountancy bodies, a designation held by only three other regional groupings in the world.

Strategically, through its regional and international stakeholders, the ICAC represents and advocates for its membership on key matters affecting the profession.   Some of its core objectives aim to:

• Promote internationally acceptable standards of best practice for the accountancy profession in the Caribbean region.
• Foster a strong, cohesive and self-regulated regional accountancy profession.
• Implement and coordinate an effective regional monitoring programme for practicing accountants in the region.
• Promote an institutional framework through its annual conference for accountants in the Caribbean to participate for mutual professional and fraternal benefit.
• Standardize qualification entry requirements and rules of professional conduct among member institutes.
• Provide leadership on emerging issues as they affect the accounting profession in the region.

Members

• The Bahamas Institute of Chartered Accountants
• The Institute of Chartered Accountants of Barbados
• The Institute of Chartered Accountants of Belize                
• The Institute of Chartered Accountants of the Eastern Caribbean         
• The Institute of Chartered Accountants of Guyana             
• The Institute of Chartered Accountants of Jamaica
• The Institute of Chartered Accountants of Trinidad & Tobago    
• Suriname Chartered Accountants Institute

Associate

• Turks & Caicos Islands Society of Professional Accountants (TCISPA)

Affiliates

• The Association of Chartered Certified Accountants (ACCA)
• The American Institute of Certified Public Accountants (AICPA)
• The Chartered Institute of Public Finance And Accounting (CIPFA)
• The Chartered Professional Accountants of Canada (CPA Canada)

The ICAC is committed to upholding and promoting the fundamental values of the accountancy profession – Truth and Fairness, Integrity, Justice and Prosperity, which are embodied in its motto, Veritas et Virtus (Truth and Virtue).