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Christ Church, Barbados BB15150

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ICAB STUDENT MEMBER RESOURCES

frequently asked questions

ICAB student membership is currently open to individuals pursuing professional accounting programmes.

Student members gain access to: •Professional networking opportunities •Student-focused events and seminars •Career development support •Exposure to the accounting profession in Barbados •Technical and professional updates •Engagement with accounting professionals and firms

Students pursuing ACCA under the Joint Examination Scheme (JES) are required to register with ICAB, the local Professional Accountancy Organisation (PAO), in order to satisfy the examination criteria.

Students may apply for membership upon completion of an approved professional qualification and satisfying the relevant practical experience and membership requirements.

Student membership supports individuals pursuing qualification, while full membership applies to qualified professionals who meet ICAB’s membership requirements.

Yes. Student members may attend selected seminars, webinars, networking events, and professional activities hosted by ICAB.

Yes. Information is generally circulated via email and ICAB communication platforms.

Students may contact the Student Officer of the ICAB Secretariat for assistance with membership, events, and general ICAB matters.

Students are required to pay an admission fee upon joining and a subscription fee, depending on the date of admission. Students are required to pay an annual subscription fee thereafter.

Annual subscriptions are due on January 1 each year.

Non-payment of Annual Subscription: The most common cause for removal is failing to pay the annual subscription fee, which is due by January 31 of the same year. Disciplinary Actions: ICAB may remove a student from the register for violating regulations. Process for Voluntary Withdrawal: While most students are de-registered due to non-payment, those who wish to proactively resign must contact ICAB directly. Re-registration Process: Students who have been removed (either by choice or for non-payment) can apply for re-registration through their ICAB portal. Re-registration Fees: Returning students will generally need to pay a re-registration fee, along with the annual subscription.

As an IFAC member organization, ICAB is required under IFAC Statement of Membership Obligation 2 (SMO 2) to adopt, or support the adoption and implementation of, the International Education Standards (IESs) for professional accountants and students. To support this obligation, ICAB partners with ACCA under the Joint Examination Scheme (JES) to provide a globally recognized professional qualification pathway for students in Barbados.

No. ACCA examinations, registration, exemptions, exam entry, reinstatement, subscriptions, and related student matters are administered directly by ACCA.

Students should refer directly to the official ACCA website for all ACCA-specific guidance, policies, and FAQs: Frequently asked questions (FAQs) | ACCA Global link:https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p7/faqs.html ACCA Student FAQs Link:https://www.accaglobal.com/gb/en.html?utm_source=chatgpt.com

ICAB does not manage ACCA student accounts or examination administration. However, ICAB may assist in raising industry-wide concerns or facilitating communication where appropriate.

Yes. ICAB hosts events, seminars, orientations, and networking activities where students can interact with their peers, accounting professionals, and employers.

Yes. ICAB periodically shares internship and job opportunities from member firms and partners. ICAB also supports the Give Back Barbados programme, which requires students receiving free tertiary education to complete annual community service hours.

Students are encouraged to strengthen: •Communication skills •Analytical thinking •Professional ethics •Time management •Technology and digital skills •Financial and business knowledge

ICAB is the professional body responsible for regulating Chartered Accountants in Barbados and promoting high standards of professionalism, ethics, and practice within the profession.

Regulation helps maintain public trust and confidence in the profession by ensuring accountants meet professional, ethical, and technical standards.

Yes. Ethics and professional behaviour are fundamental to the accounting profession, and students are encouraged to develop ethical awareness early in their professional journey.

Accountants may work in, but not limited to: •Audit and assurance •Taxation •Corporate finance •Financial reporting •Risk management •Public sector accounting •Consulting and advisory services •Entrepreneurship and business leadership