The proposed amendments to ICATT’s Regulations -Schedule 2 - Licensing Regulations and the Expired Practising Certificates (Audit and Non-audit) Policy, which were approved by ICATT's Council, have been officially adopted by the ICATT Membership as of May 1, 2024.
The proposed amendments to the ICATT Regulations and the draft policy were shared with the Membership for the submission of written feedback by Thursday, March 14, 2024. Thereafter, the official notice period for implementing the proposed amendments to ICATT Regulations Schedule 2 commenced on March 15, 2024, and expired on April 30, 2024. All queries and clarifications regarding the amendments were addressed.
As previously communicated, the amendments aim to improve the efficiency and lucidity of the Regulations, particularly pertaining to the re-application and renewal of licences listed in Schedule 2. Consequently, the revisions to the Regulations will ensure that all ICATT Practising Members possess valid Practising Certificates (Audit/Non-Audit). The Policy is a guide to Practising Members that in the event of failure to submit a renewal application for a Practising Certificate (Audit/Non-Audit) before the expiration date, their membership will be re-categorized to Member Not In Practice until they rectify their status with the Institute.
Click the attached link to view the amendments that have been adopted:
The Institute of Chartered Accountants of Trinidad and Tobago
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