Guyanese elected secretary of Caribbean accountancy institute

Former Institute of Chartered Accountants of Guyana (ICAG) President Khalil Alli has been elected secretary of the Institute of Chartered Accountants of the Caribbean (ICAC). Alli is a partner with the firm of Jack A Alli, Sons & Company and served as president of the local arm of the accounting institute from 2008 to 2011.
Alli told the Guyanese media on Tuesday that he was optimistic about the new post and looked forward to serving with pride and professionalism.
The senior accountant noted that his task would be to promote the practice of sound accounting, while maintaining highly professional and good work ethics in all territories.
Alli said the ICAC is responsible for ensuring national chartered accounting institutes comply with international standards in accounting and auditing. “I will use the opportunity to maintain the already high standards of accounting carried out in Guyana and in ICAC member states, while pushing for more opportunities,” he stated.
The accounting professional told reporters that while the board of the ICAC meets every four months, the executive who entails the secretary, the president, vice president and treasurer meets more regularly to carry out the main functions of the organisation.
This is aimed at keeping the affairs of the institute in compliance with international standards and professionals, fully up to date with changes taking place.
Alli qualified as a chartered accountant while working with the London headquarters of UK and global accounting powerhouse Pricewaterhouse Coopers.
He studied economics at the undergraduate and postgraduate levels at the London School of Economics. He joined the ICAC Board as alternate director for Guyana in 2008 and has been a director since 2011. He has also served as the Institute of Chartered Accountants in England and Wales (ICAEW) representative on the ICAC board since 2008.
Meanwhile, Frank Myers, an assurance partner with KPMG Eastern Caribbean, was elected president of the regional accountancy body. Myers, who was first appointed to the ICAC Board in 2001, has been playing a key role in the development of the accountancy profession regionally and internationally. (Guyana Times)