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Explore the Types of ICAB Membership

TYPES OF MEMBERS

ICAB recognises several classes of membership to reflect the different stages and pathways of a professional accounting career in Barbados. Whether you are newly qualified, in active practice, based overseas, or a distinguished long-serving member, there is a membership category that reflects your standing within the Institute. Each category carries its own eligibility criteria, designatory rights, and annual subscription requirements. Every member may denote his/her membership of the Institute by the use of the professional designation “Chartered Accountant and/or the designatory letters “CA”.

PRACTISING MEMBER TYPES

UNDERSTAND THE TYPES OF PRACTISING MEMBERS

Practising membership applies to ICAB members who hold a valid practising certificate and are approved to provide public practice services. The type of practising certificate determines the member’s approved scope of work, including whether they may practise generally, specialize in a defined area, or audit Public Interest Entities.

A General Practising Member is an ICAB member who holds a valid General Practising Certificate. This allows the member to practise across public practice areas, including audit, tax, financial consulting, and non-assurance accounting services, subject to ICAB’s Public Practice Regulations and approved practical experience requirements. To qualify, the member must complete at least 156 weeks of general training and work experience in a Post-Qualification Training Office. At least 104 weeks must be completed in auditing for members applying for a General Practising Certificate.

A Practising PIE Member is a member who holds a General Practising Certificate and audits Public Interest Entities, also called PIEs. A PIE includes publicly traded entities, entities that take deposits from the public, banks or similar financial institutions, credit unions, mutual funds that take third-party risk or funds, and entities that provide insurance to the public. Because PIE audits carry a higher level of public interest responsibility, members who perform these audits are identified separately from other General Practising Members.

A Specialty Practising Member is an ICAB member who holds a Specialty Practising Certificate. This means the member’s public practice is limited to one or more approved specialized areas, such as tax, financial consulting, or non-assurance accounting services. For this certificate, the member must complete the required practical experience, including at least 104 weeks in the specialized area of public practice in which they intend to practise.

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