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Innovation & Creativity towards Sustainable Growth

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF TRINIDAD AND TOBAGO

ICATT - annual report 2011

Contents

Mission and Vision Statements

ICATT Council Members

Corporate Information

ICATT Committees

President’s Report

Financial Overview

Stakeholder Focus

Annual General Meeting & Members’ Induction Ceremony

ICATT’s Professional Accountants In Business (PAIB) Committee

Students’ Accountancy Centre’s 25th Anniversary

Membership

Operational Updates

Practice Monitoring

Conferences

Student Focus

Continuing Professional Development

Secretary’s Report

Financial Statements

Independent Auditors’ Report

Statement of Council’s Responsibilities

Statement of Financial Position

Statement of Comprehensive Income

Statement of Changes in Funds

Statement of Cash Flows

Notes to the Financial Statements

Notice of Annual General Meeting

Form of Proxy

ICATT Members at 31 December 2011

ICATT Staff Members

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ICATT MISSION STATEMENT

To effectively promote, regulate and support the development of the accountancy profession in

Trinidad and Tobago, and ensure adherence to the highest technical and ethical standards, for the

benefit of members, students and the general public.

ICATT VISION

We will be:

• AProminentProfessionalOrganisationthatisattractivetocurrentandpotentialmembers

and is a Leading Practice Model for Accountancy Institutes and other Professional Bodies

in the Region.

• ThepreferredbodyforprovidingguidanceanddirectioninAccountancywhichraisesthe

standard of financial management, reporting, education and governance in the country,

thereby adding value to society.

• AneffectivelygovernedandgoverningInstitutethathasastrongandqualityorganisation

infrastructure in terms of vision, strategy, structure, processes, volunteers, resources and

positioning in society.

• TransparentandAccountabletostakeholders,operatewithintegrity,beproactiveand

have energised, committed and passionate people

• RepresentingtheentireAccountancyprofessioninTrinidadandTobago,including

students, members, graduates and all Accounting Institutions with members in Trinidad

and Tobago.

• AnInstitutethatprovidesleadership,lobbyingandinfluencewithregardtoregulatory

bodies, government, Accountancy Institutions, professional standards, policies,

compliance and conduct, development of the profession and good governance

• Educatorsprovidingpreandpostmembershipeducationthatwillleadtothesustained

development of the profession

Innovation &

Creativity towards

Sustainable Growth


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Anthony Pierre, FCCA, CA, CFC

Anthony is currently president of the Institute of Chartered Accountants of Trinidad and Tobago, a position he has held for 3 terms. He has served on ICATT’s Council since 2002 and is a practising member of the Institute. Anthony is a fellow of the Association of Chartered Certified Accountants (UK) and an associate member of the Institute of Certified Financial Consultants. He currently serves as secretary on the board of The Institute of Chartered Accountants of the Caribbean (ICAC). Anthony is the founder and principal of the firm, Anthony P. Pierre & Co.

Derek Mohammed, CA, ACMA

Derek was appointed to ICATT’s Council in March 2010 and currently holds the office of Vice President of the Institute and is Chairman of the following Committees: Members & Students Relations, Forum of Firms and Membership. He is currently the Lead Audit Partner at Deloitte&ToucheinitsTrinidad&Tobagobasedoffice,specialisinginauditandassuranceservicestothefirm’sclientsinvolvedintheEnergy,Manufacturing and Consumer Business Sectors. Derek also holds a number of leadership roles at Deloitte, such as Director of Independence, LeaderofTalent,LearningandDevelopmentandChiefEthicsOfficer.

Rudranand Maharaj, CA, FCCA

Rudranand is the Chairman of the Small & Medium Practitioners Committee and holds the office of 2nd Vice President of ICATT. He is the Managing Partner of Maharaj Mohammed & Co., Chartered Accountants and serves on a number of client related audit committees. He has over20yearsexperienceintheauditindustrygainedbothlocallyandregionallyandhasspecializedknowledgeinReceiverships,Liquidationsand the establishment of Offshore Trusts and International Business Companies (IBC’s).

Nicole Joseph, FCCA

Nicole is a Senior Manager – Tax Services at KPMG. She has over 15 years experience in providing tax advisory and compliance services to local and international clients in the energy, financial services and manufacturing sectors. She is a Fellow of the Association of Chartered Certified Accountants as well as a Member of the Institute of Chartered Accountants of Trinidad and Tobago. Nicole has been a member of ICATT from 2002 and was appointed to ICATT’s Council in March 2011. She also serves as vice-chair on the tax and membership committees.

Amarjit Chadee, CA, FCCA

Amarjit has almost five decades of experience in Accounting, Auditing and Taxation both at a junior level and in a managerial capacity in Trinidad, Guyana and the Caribbean. At present he is the Managing Partner in Firm of Hardys (Chartered Accountants) formerly Ramcharan, Chadee&Co.,CharteredAccountantsinPartnershipwithanotherqualifiedAccountant.AmarjithasworkedinseveralindustriesoverhisextensivecareerandisaFellowoftheAssociationofCharteredCertifiedAccountants(England)holdingaPractisingCertificateaswellasaFellow of the Institute of Chartered Accountants of Trinidad and Tobago holding a Practising Certificate.

David Raggay BSc., MSc., CA

David has over twenty-seven years of experience in the areas of Auditing, Accounting, Investment Analysis, General Management and Training. CurrentlyheistheManagingPrincipalofIFRSConsultants–aboutiqueconsultingfirmspecializinginprovidingaccounting,audit,taxation,outsourcing, consulting and training in International Financial Reporting Standards (IFRS). He is a past Chairman of the Accounting and Auditing Standards Committee.

Peter Gittens, CA, FCCA

PeterwasappointedtoICATT’sCouncilinMarch2010andhasbeenanICATTmembersince1994.PeterisaDirectoratErnst&Young-Trinidad&TobagoandisdirectlyresponsibleforensuringcompliancewiththeFirm’squalityandriskmanagement(Q&RM)policiesandprocedures, including those pertaining to the application of generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS). His responsibilities also include conducting training in these areas. Peter has over 15 years assurance and advisory experienceatErnst&Young,includingdirectingtheauditsofavarietyofmajorclientsintheretail,distribution,andmanufacturingentitiesinTrinidad & Tobago and financial services industries.

Kyle Rudden, CA, FIA, FSA, FCCA, ACAS, ACIB Kyle is Chairman of the Disciplinary Committee and is also a Past President of ICATT. Kyle is Managing Director of KR Services Limited with over 25 years’ regional experience as an actuary and chartered accountant. His areas of expertise include the practical issues involved in applying international regulatory, financial reporting and actuarial standards in developing economies in the Caribbean and beyond, particularly in the financial services sector. He is a former board member of the Central Bank of Trinidad & Tobago and the Trinidad & TobagoStockExchange.HeiscurrentlyTrinidad&Tobago’srepresentativeontheACCA’sInternationalAssembly.

Sean Ramirez, CA, FCCA, ACIB

Sean is the Vice Chairman of the Forum of Firms Committee. He is also the immediate past President of ICATT’s Council and prior to that Chairman of the Accounting & Auditing Standards Committee. He is the Territory Assurance Leader at PricewaterhouseCoopers Trinidad and Tobago with over twenty years experience in providing audit and related services to large local and regional entities, primarily in the financial services sector.

Marlene Murray, B.Sc., M.Sc., CA, CFA

Marlene is the Chairperson of the Licensing Committee and has extensive experience in senior management positions as a regulator of the Financial Sector. She is currently attached to the University of the West Indies.

Earl Wilson, CA, FCCA, MBA (Financial Services)

EarlistheViceChairmanoftheInvestigationsCommitteeandchairmanoftheProfessionalAccountantsinBusinessCommittee.He has over 25 years of senior management experience in the manufacturing, distribution, construction and financial services sectors.HecurrentlyservesaschairmanoftheBESKInvestmentGroupandManagingDirectorofBusinessEquipmentandInteriorsInternationalLtd(BEI).

ICATT Council Members


CORPORATEINFORMATION

AUDITORS Michael Lee Kim & Co.119A Woodford StreetNewtown, Port of Spain

REGISTERED OFFICE2nd Floor, Building AProfessional Centre11-13 Fitzblackman Drive SouthWoodbrookPort-of- Spain

MAILING ADDRESS:P.O. Box 864, Port of Spain

TELEPHONE/FAX:(868) 623-8000/0176/625-1954;625-2037/627-7675; Fax 627-7087

E-MAIL:[email protected]

WEBSITE:www.icatt.org

SECRETARY TO COUNCILCynthia Lyons

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ICATT Committees

THE APPEAL COMMITEE: The Appeal Committee consists of seven (7) persons including two Attorneys-at-Law who hear the appeal case of

Committee Members: Anthony Pierre; Sean Ramirez; Leon Ambrose; Stephanie Daly; Allyson West; David Kissoon; Michael Lee Kim

THE ACCOUNTING & AUDITING STANDARDS COMMITEE: The purpose of the Accounting & Auditing Standards Committee is to improve

Committee Members: Peter Gittens; Nalini Raquel Suratsingh; David Hodges; Renée -Lisa Philip; Riaz Ali; Marissa Quashie; Russel Jaggessar; Daniel Bissoondial; Mala Samaroo Ramsingh; David Raggay

THE DISCIPLINARY COMMITEE: The Disciplinary Committee consists of eight (8) persons of which not less than one quarter shall be non-accountants. The Investigations Committee refers a complaint to the Disciplinary Committee if it considers that a prima facie case has been made out for disciplinary action.

Committee Members: Kyle Rudden; Amarjit Chadee; Sieunarine Jookoo; Jennifer Frederic; Joanne Julien; Clive Pegus; Errol Arjune; Junior Frederick

FORUM OF FIRMS:Tobago can have a forum to share concerns unique to them with ICATT.

Committee Members: Derek Mohammed; Sean Ramirez; Peter Gittens; Riaz Ali; Renée -Lisa Philip; Raoul John; Leslie Ramcharitar

THE INVESTIGATION COMMITEE: The role of the Investigation Committee is to receive and consider all the facts of any legitimate complaints received by the Secretary to determine whether a prima facie case could be made against a member.

Committee Members: David Raggay; Earl Wilson; Jennifer Frederick; David Kissoon; Gerald Lee Inniss; Vishnu Musai; Dave Chang

THE LICENSING COMMITTEE: The focus of the Licensing Committee will be on granting of licences to practicing members and review of the Practice Monitoring Reports and to decide what further action may be required.

Committee Members: Marlene Murray; David Raggay; Kenny Jalsa; Earl Wilson; Marie Suzanne Borely

MEMBERS & STUDENT RELATIONS COMMITTEE: To capture students’ interest and get them more involved in the Institute. To encourage

Programmes for all members and to lead on expanding our membership base.

Committee Members: Derek Mohammed; Rudranand Maharaj; Camille Cumberbatch-Dhoray; Nalini Raquel Suratsingh; Stacy-Ann Golding;Robby Bhola; Mark Superville

THE MEMBERSHIP COMMITEE: The Membership Committee of the Council of the Institute of Chartered Accountants of Trinidad and Tobago (ICATT) is charged, among other things, with the responsibility of receiving and reviewing applications for Membership and/or Practising

Committee Members: Derek Mohammed; Nicole Joseph; Neville Sandy; Bob Gopee; Adrian Bharath; Christopher Munro; Lennox Soverall

PROFESSIONAL ACCOUNTANTS IN BUSINESS (PAIB): The purpose of the PAIB committee is to reach out to and serve the professional

will focus on exposing professional accountants to global developments, good practice guidance and knowledge sharing that will enhance the roleand domain of professional accountants in business.

Committee Members: Earl Wilson; Kyle Rudden; Leslie Nelson; Rakesh Goswami; Daniel Thornhill; Varun Maharaj; Neil Mohammed; Avind Mungalsingh; Stanley Maharaj; Anisa Mohammed

SMALL & MEDIUM SIZE PRACTITIONERS (SMP): The primary roles of the committee are to address issues affecting Small and Medium Practitioners, be champions for changes including exerting on other stakeholders and make recommendations to Council.

Committee Members: Rudranand Maharaj; Amarjit Chadee; Chandrika D. Seeterram; Atiba Caddle; Vishnu Musai; Mohan Mahabir-Singh;Sunil Budhu; Hyacinth Simms; Jameel Ali; Ramdath Ramlakkan; Dean Rampersad

THE TAXATION COMMITTEE: The Taxation Committee assists the general membership in developing expertise in taxation and related areas.

Trinidad and Tobago and suggestions relating to improvement in the area of tax administration.

Committee Members: Amarjit Chadee; Nicole Joseph; Nirmala Ramsarran; Chandricka D. Seeterram; Mohan Mahabir-Singh; Nassim Mohammed;Arun Seenath; Rupert Gooding; Sinanan Dass; Roland Hosein; Sunil Budhu; Dean Rampersad

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President’sReport

annual report 2011

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Fellow members,On behalf of the Council, I am pleased to report on our activities and achievements for the past year. The key initiatives and

activities for the 2011/2012 term which are covered in greater detail throughout the report are:

• Continued internal strengthening of the Institute through various initiatives including the appointment of a new General

Manager, an additional customer service representative and commissioning of a review of ICATT’s organizational structure;

• Application for a parcel land to build a permanent home for the Institute;

• Creation of a more extensive Continuous Professional Development programme to meet the needs of our members in

fulfilling their CPD objectives and requirements;

• Our sustained Practice Monitoring exercise where approximately 27 auditors/ firms were reviewed during the 2011/2012

term;

• The continued work of the Professional Accountants in Business (PAIB) and Small & Medium Sized Practitioners (SMP)

Committees to better meet the needs of our members;

• Affiliate & Student surveys to better understand the needs of our stakeholders;

• Signing of a three (3) year “twinning” agreement with the Suriname Institute of Chartered Accountants (SUVA) to aid in

their development;

• Engagement of the World Bank to prepare a Report of Standard of Compliance (ROSC) on the level of compliance with

International Accounting and Auditing Standards in Trinidad and Tobago;

• Sustained growth in our membership base during the term, which stands at 1,102 members;

• Extensive work in the review and rewrite of our Rules and Regulations;

• Hosting of two successful regional and international conferences;

• Hosting of our first Accountancy Career Fair;

• Continued stakeholder outreach whereby meetings were held with the Central Bank of Trinidad and Tobago, the Financial

Intelligence Unit, the Bankers Association of Trinidad and Tobago, our members and students in Tobago including senior

officials at the Tobago House of Assembly;

• Initiation of an exercise to evaluate and make effective proposals to the Government of the Republic of Trinidad & Tobago

(GORTT) to introduce Alternative Dispute Resolution as part of the process governing the adjudication and settlement of

issues between the Board of Inland Revenue and taxpayers;

• Engagement of the International Public Sector Standards Accounting Board (IPSAB) to assist ICATT with the adoption of

International Public Sector Standards of Accounting (IPSAS);

• Hosting of a successful Carnival Cruise for our members and students;

Financial OverviewFor the financial year 2011, revenue from members’ subscriptions increased by 3%.The overall increase of 4% in the ‘Other

Income’ revenue category is mainly attributable to a 57% increase in income from the sale of publications. However, the main

contributor to the surplus of $77k is a reduction of 13% in overall expenses.

The chart below illustrates the Institute’s income categories.

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At the year end 2011 the accumulated fund stood at $2.2million (2010:$2.1 million). Short-term liquid assets amounted to $1.4

million (2010:$1.3 million). The net equity position provides coverage for approximately four months of activity.

Stakeholder FocusIn ICATT’s continued efforts to participate in events that will benefit our members, we hosted a series of meetings in 2011/2012

with various stakeholders. Our first major event was a breakfast seminar jointly hosted with the ACCA on the Changing Regulatory

Framework in Trinidad and Tobago as it Relates to Proceeds of Crime & Related Matters. Attendees heard presentations from ICATT

Representatives; Directors of the Financial Intelligence Unit (FIU); Financial Investigations Branch, SAUTT & Representatives of

the Board of Inland Revenue. ICATT continues to provide guidance to members in this area.

In April 2011, the Executive Committee of ICATT held a meeting with representatives of accounting firms to discuss the problems

associated with the future functioning of the Tax Appeal Board of Trinidad and Tobago. The major issues discussed were the backlog

of matters to be considered by the Board and the implications of tax appeal issues that are not being resolved. Prior to the development

of a recommendation plan, it was felt that some collaboration should take place to discuss the topic with key stakeholders and to

solicit their views. A notable feature of this process will be an address by Justice Adrian Saunders of the Caribbean Court of Justice

on the introduction of Alternative Dispute Resolution from a Caribbean Business perspective in mid March 2012.

On May 3rd 2011, our General Manager and I met with Ms. Nancy Foran, Chief Executive Officer, Certified Management

Accountants (CMA) to continue discussions centred on joint strategic initiatives.

On May 25, ACCA hosted an Audit Roundtable at the Hilton Trinidad that featured industry leaders speaking on relevant topics.

ICATT moderated and facilitated a session on The Professional and Ethical Standards of Auditors in Trinidad and Tobago and

explored issues of ethics, compliance and audit practice. This session was well received and moderated by Catherine Kumar,

ICATT Member. Speakers included myself, Peter Gittens, ICATT Council Member & Colin Soo Ping Chow, ICATT Member and

a former president of ICATT.

In July 2011, ICATT was invited to become a member of the Payments System Council (PSC) chaired by the Central Bank of

Trinidad and Tobago. The PSC was established in 2002 to aid in the reformation of the National Payments system and much of its

work over the past year has been directed at promoting the use of electronic payments. In order to ensure that adequate attention

has been paid to all aspects of development of the payment system, ICATT has been approached to assist in the area of accounting

documentation and processes. ICATT Members, Ms. Pria Narinesingh and Mr. Dushyant Sookram were selected to represent the

Institute in this regard. Existing members of the PSC include, the Central Bank, the Securities & Exchange Commission, Ministry

of Finance (Treasury Division), Ministry of Public Administration, Consumer Affairs Division of the Ministry of Legal Affairs, the

Bankers’ Association of Trinidad and Tobago, private payment system operators and information communication technology (ICT)

specialists.

In August 2011, ICATT signed a three (3) year “twinning” agreement with the Suriname Institute of Chartered Accountants (SUVA),

as part of an initiative by The Institute of Chartered Accountants of the Caribbean to encourage the more developed institutes in

the region to assist in the development of the younger institutes. ICATT has since been instrumental in assisting SUVA to secure an

extension of an IDB funded project to improve compliance with international accounting and auditing standards in Suriname and

have designed two major consultancies for SUVA, namely the development of Technical Guidance Tools for use by the country’s

SME’s and another for technical assistance to develop a strategic plan and sustainability model for SUVA. For one week, SUVA’s

Project Manager, Ms. Monic Foppele, visited ICATT’s offices to be immersed in a transfer of learning, training, skills, experience

and procedures. Ms. Foppele advised at the conclusion of her trip that it was extremely beneficial and she learnt of many processes

that would benefit her Institute in its developmental stages. In January 2012, our General Manager and I journeyed to Suriname to

lead a Strategic Planning session to chart the way forward for SUVA. From all indications this was a successful exercise.

In September 2011, ICATT was engaged in the first stages of a scoping mission by the World Bank to prepare a Report of Standard of

Compliance (ROSC) on the level of compliance with International Accounting and Auditing Standards in Trinidad and Tobago. The

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ROSC will confirm the country’s compliance with best international practice regarding financial reporting standards and international

auditing standards and will highlight the strength of the Country’s financial architecture. Countries’ Accounting and Auditing ROSC

are posted on the World Bank’s official website and is a frequently examined report by foreign investors wishing to invest in a

country. The preliminary report was completed and the findings are to be presented in March 2012 to various stakeholders. The

ultimate goal is the creation of a Country Action Plan.

On November 7th -9th 2011 our Council member, Kyle Rudden represented the ICAC and ICATT at the 1st Congress of Accountants

in Africa held in Nairobi. This included the presentation of a commemorative plaque from ICAC to the CEO of the Institute

of Certified Public Accountants of Kenya (ICPAK), the host institute, on their achievement. ICPAK has approximately 10,000

members and many opportunities exist for the continued strengthening of this relationship between our Institutes.

In December 2011, ICATT partnered with the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) Steering

Committee to host a free information workshop on a possible accounting consultancy opportunity for our practising members.

In early 2012, the Ministry of Energy & Energy Affairs of Trinidad and Tobago, with funding from The World Bank, will issue a

Request for Proposals for an individual or accounting firm to provide the services of the Administrator of Trinidad and Tobago’s

first EITI Reconciliation Report. The Extractive Industries Transparency Initiative (EITI) is a global initiative with the objective

of fostering transparency and accountability in the extractive (oil, gas, mining) industries by disclosing to citizens of a country

the payments made by companies to host governments reconciled with the government’s declared receipts. The initiative aims at

ensuring that (a) figures are certified, validated and accessible to citizens and (b) investors know that they are operating on a level

playing field. The result is that the EITI contributes to consolidating and improving governance in resource rich countries, fights

corruption, reduces conflicts and encourages increased foreign direct investment.

As a candidate country of the EITI, Trinidad and Tobago has undertaken the rigorous task of becoming EITI compliant by 28th

August 2013. A critical first step on that journey is the preparation of a Reconciliation Report of payments and receipts of all

energy sector revenues and its translation into a document for wide dissemination and understanding by the average citizen on how

the revenues they produce flow from companies to the Government. The experience has been that that EITI Implementation has

increased the need for audit and other accountancy services by extractive industry companies on preparation for this annual report.

At the international level, ICATT continues to make strides. ICATT Council member, Peter Gittens and I completed a successful

mission to London in September 2011 where we met with the senior executive team of the ACCA, attended the annual meeting of

the International Accounting Standards Board (IASB) World Standard Setters Conference and met with Ms. Jane Fuller, head of an

accounting “Think Tank” project in innovations in financial reporting. Ms. Jane Fuller delivered a keynote presentation in November

2011 at our Annual International Conference. ICATT and ACCA have agreed to sign a Memorandum of Understanding governing

several areas of the relationship between the two (2) bodies. At the World Standard Setters Conference, ICATT formally proposed

the establishment of an appropriate set of accounting standards for micro enterprises and gained support for the initiative from a

number of other accounting bodies around the world.

Additionally, as part of our member obligations, ICATT continues to work closely with the International Federation of Accountants

(IFAC), the global regulatory organisation for accountants, of which ICATT is a member, to implement the Institute’s action plan for

full compliance with the Statements of Members’ Obligations (SMO’s). In November 2011, Mr. Joseph Bryson, Technical Manager,

Member Body Development, IFAC visited Trinidad to speak at our annual conference and meet with ICAC Executives and CEOs to

assist with the preparation of IFAC’s Action Plan. ICATT’s revised action plan was completed in November 2011 and is available for

viewing on IFAC’s and ICATT’s websites. IFAC’s SMO’s are intended to ensure that member bodies implement international best

practice in seven (7) fundamental areas, to ensure an orderly, developed and regulated accountancy profession globally. The goal of

IFAC’s compliance program is to clearly demonstrate its commitment to strengthen the accountancy profession around the world

as well as to encourage continuous improvement in the practice of accountancy through an ongoing assessment of member bodies.

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ICATT was also represented at IFAC’s Annual General Meeting held in Berlin, Germany by myself and Vice President, Derek

Mohammed. We both used the opportunity to deepen ICATT’s relationship with this key stakeholder and to build linkages with other

professional accountancy bodies around the world as we continue to demonstrate our commitment to the development of a sound

global profession.

In closing 2011, ICATT hosted two networking events, our 3rd instalment of the South Networking Cocktail & Member Recognition

ceremony at the Royal Hotel, San Fernando on November 23rd where members from South based companies were in attendance

along with recently joined members. On December 9th, ICATT’s offices were filled with laughter and good cheer as committee

members were hosted by your President at our annual end of year luncheon. ICATT extends best wishes and thanks to those

members that have dedicated their time and effort throughout the year.

In January 2012, ICATT and ACCA jointly hosted a tuition provider meeting directed at addressing the concerns of this integral

stakeholder. From all reports this was a successful exercise which we will repeat in the near future.

February 2012 was a busy month for the Institute as we embarked on a Tobago Stakeholder Visit on February 2nd to meet with

officials from the Tobago House of Assembly in the areas of education and finance as well as meet with our members and students

resident in Tobago. Some key concerns raised were the lack of tuition providers on the island to service interested students as well

as the need for more trained professional accountants in Tobago. ICATT also proposed to work more closely with the THA to

provide increased training for employees and advise on best practice methods of reporting. This visit was a successful venture and

ICATT hopes to host other events of this kind in the near future. An action plan following the outcome of this initial visit is also to

be developed.

On February 9th 2012, ICATT hosted an after work Carnival Cruise for members and students that was well received on the Pier 1,

Sea Prowler in Chaguaramas. The Institute hopes to make it an annual event.

On February 15th 2012, ICATT hosted a joint meeting with the Bankers’ Association of Trinidad and Tobago (BATT) to discuss

the issues affecting timely financial reporting in Trinidad & Tobago. Other key attendees included the Chamber of Industry and

Commerce. Action items arising out of this session are to meet with stakeholders to raise awareness on the importance of financial

reporting and banks to insist that their clients provide the relevant documents such as management accounts, financial statements

and audited statements dependent on the level of transactions to secure loans.

In February 2012, ICATT met with members of the Financial Intelligence Unit of Trinidad and Tobago (FIU) to discuss the

submission of compliance programmes by listed companies in keeping with FIU’s regulations. ICATT continues to advise members

on developments in this area.

On March 6th 2012, ICATT’s Executive Committee met with the Inspector of Financial Institutions and a Team representing the

Central Bank of Trinidad and Tobago (CBTT) to discuss the FOR 10 and the need for a closer working relationship between the

CBTT and ICATT. It was agreed in principle that both organizations should meet periodically to discuss and implement matters of

mutual interest.

In 2011, we engaged the expertise of the International Public Sector Standards Accounting Board (IPSAB) to assist ICATT with the

adoption of International Public Sector Standards of Accounting (IPSAS). In March 2012, Mr. Ron Salole, Vice President, Standards,

at the Canadian Institute of Chartered Accountants will visit Trinidad and Tobago to host two seminars advising on best practice for

Public Sector reporting as guided by the International Federation of Accountants. Mr. Salole is a member of the International Public

Sector Accounting Standards Board and an active CICA Representative on several International standard setting activities.

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Annual General Meeting & Members’ Induction CeremonyOn Thursday 24th March 2011, ICATT welcomed new members to the Institute who joined over the period of November 2010 to

February 2011 in a special presentation ceremony at the Courtyard by Marriott, Invader’s Bay in Port of Spain. Approximately 69

persons joined the Institute over the period bringing our membership total to approximately 1000 persons. Inductees were specially

welcomed by our new General Manager, Subert Gilbert.

Prior to the recognition ceremony, ICATT held its 41st Annual General Meeting where three new members were elected to council and

one member re-elected, they were: New Council Members: Nicole Joseph, FCCA, Senior Manager – Tax Services at KPMG; David

Raggay, Managing Principal of IFRS Consultants; Amarjit Chadee, FCCA,CA, Managing Partner, Hardys Chartered Accountants.

Re-elected Council Member: Marlene Murray, B.Sc., M.Sc., CA, CFA who was previously appointed to Council in 2009. At the

Council meeting immediately following the AGM, Anthony Pierre was re-elected President for a third term, Derek Mohammed was

elected Vice President and Rudranand Maharaj was elected 2nd Vice President.

ICATT’s Professional Accountants In Business (PAIB) CommitteeIn an effort to improve the services offered to our members and in keeping with global professional accounting bodies, ICATT

launched the Professional Accountants in Business Committee (PAIB committee) in 2008. These individuals represent the majority

of our membership. The purpose of the committee is to reach out to and serve the professional accountants in Trinidad & Tobago

who work in industry, commerce, education and non-profit organizations. The PAIB committee continues to focus on exposing

professional accountants to global developments, good practice guidance and knowledge sharing that will enhance the role and

domain of professional accountants in business.

The PAIB committee sees itself providing a vital link in assisting the professional accountant in Trinidad & Tobago to understand

their new role in recent times and assist in the evolution of the accounting professional. In its quest to provide relevant, meaningful

service, the PAIB committee will be working very closely with the International Federation of Accountants (IFAC), the Association

of Chartered Certified Accountants (ACCA) and other recognized global accounting bodies who have all already identified the need

to focus on the professional accountant in business. The committee was headed by Council Member, Earl Wilson. Since its inception

the committee has hosted two successful seminars on International Taxation and continues to contribute informative and relevant

articles to ICATT’s quarterly newsletter.

Students’ Accountancy Centre’s 25th AnniversaryICATT was a proud Titanium sponsor of the Students’ Accountancy Centre’s 25th Anniversary celebration held in March 2011.

Many of ICATT’s members can attest to attending classes at SAC as well as meeting lifelong friends at the Institution. ICATT’s

General Manager, Subert Gilbert brought remarks on behalf of the Institute and acknowledged that SAC’s tutelage has produced

many men and women who have gone on to make major contributions to industry, the society and the region.

Additionally, I received a special recognition award at the ceremony as a former lecturer at SAC. Ms. Brenda Lee Tang, Head,

ACCA Caribbean and myself were privileged to raise a toast on behalf of attendees to Edward Yee Fung and the SAC Team.

Membership For the 2011 term, ICATT recorded a growth of 94 new members over the period January 1st to December 31st 2011.

In the first quarter of 2012 January 1st to March 9th, we recorded a further growth of 26 members to the Institute. We

continue to engage in dialogue with our members through e-surveys and seminar evaluations to stay in touch with member

needs. For 2012 we propose to offer increased CPD and social events targeted towards all aspects of our membership

as well as the development of more tangible member benefits. Total membership at the end of the year was as follows:

Year/ Member Type 2011 2010

Members in Practice (MP) 177 178

Members Not in Practice (MNP) 784 707

Members Resident Overseas (MRO) 44 43

Members in Retirement (MR) 71 58

TOTAL 1076 986

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Operational UpdatesICATT made some operational changes through the appointment of a General Manager in March 2011, Mr. Subert Gilbert, CISA.

Subert brings over three decades of experience to ICATT and is a former Director of Tax Administration and Assistant Commissioner

at the Inland Revenue Division, Ministry of Finance. He was also employed at the Office of the Integrity Commission as an

Investigating Analyst. Subert continues to work closely with the ICATT team to streamline operations for maximum performance.

Over the course of 2011, the internal security of the secretariat was upgraded to include security cameras and an OSHA and HSE

initiative was also launched for the safety of staff. Training continues in this area.

Communication was upgraded to include the use of Skype, Magic Jack and enhanced conference calling at the Institute.

An employee of the month programme was launched and implemented at the Institute in 2011 to recognize those staff members

going above and beyond duty. Employees recognized were, Ariel Burgin, Oneika Bushell, Barry Bishop, Gizelle Gittens, Camille

Applewhaite and Kyzier Foster. In December 2011, at the President’s Christmas Dinner and Staff Appreciation Function,

Ms. Gizelle Gittens, Senior Customer Service Representative was named the employee of the year overall. Mrs. Avion Alves

– Rollock, Accountant was presented with an “Award of Appreciation” and Ms. Oneika Bushell, Marketing and Corporate

Communications Officer was presented with a “Recognition Award” for the commendable role she played towards the success of

the 2011 International Conference. This event was a resounding success and congratulations are extended to all.

In October 2011, ICATT embarked on the creation of a Past President’s Wall in the Institute’s conference room, featuring photos,

names and years of service. We are pleased that this exercise has been completed.

On October 29th 2011, the Trinidad and Tobago Group of Professional Associations (TTGPA) of which ICATT is a member, hosted

its annual fundraiser, the Professional Culinary Classics at the Centre of Excellence, Macoya. ICATT’s Team placed 4th overall

out of 18 entrants under the theme ‘Ah Countin’ on Curry’. We also received the 3rd place for best decorations (Traditional Indian

Wedding) and 3rd place for best tasting dish. Part proceeds of this event went to the Mt. Carmel Nursery and Day Care Centre,

which is badly termite ridden and in dire need of renovations and a new roof structure. The estimated cost of these works is over

TT$600,000. The team was led by Mr. Robby Bhola of Deloitte of ICATT’s Members’ & Student’s Relations Committee, special

thanks are extended to him.

In November 2011, ICATT officially announced our Cashless Policy. Payments will only be accepted via cheques, direct deposits

& payments by credit and debit cards at our point of sale terminals.

Additionally in November 2011, ICATT put forward an application for receipt of a parcel of land that is presently before the

ministries of finance and agriculture for consideration. On acceptance, this area will be used to build a permanent home for the

Institute.

ICATT is engaged in the process of updating our website to better service our stakeholders. This exercise will be completed by the

end of the first quarter of 2012.

Practice Monitoring2011 marked ICATT’s third year of Practice Monitoring which is an obligation for member bodies of the International Federation of

Accountants (IFAC) as outlined in its Statement of Membership Obligations (SMO). These Quality Assurance reviews are intended

to serve the interest of the public and the Practice Monitoring process involves visiting licensed auditors/ firms and reviewing their

audit files. The review process provides guidance to firms/ practitioners regarding deficiencies within their practice and making

recommendations in order to effect improvements. To date, a total of 52 visits have been completed since the onset of the initiative.

In 2011, 27 visits were completed overall which included 12 first time visits and 15 follow up visits. The outstanding 14 firms

eligible for first time visits will be completed by the end of the first quarter in 2012.

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To address gaps uncovered during these reviews, ICATT held its third installation of one-on-one training sessions with Michael Scott

of PCP UK Limited entitled Clarity ISA and Practical Problems Two-Day Workshop. The session was designed to help participants

implement the requirements of the new clarified International Standards of Auditing and address monitoring issues. The workshop

focused on providing a practical understanding of the clarified standards and used case study examples. Two sessions were held at

the Arthur Lok Jack GSB facility and Royal Hotel in San Fernando.

ConferencesICATT was a part of four major conferences throughout the year. In June, over seventy (70) professional accountants from

Trinidad and Tobago represented ICATT at the Institute of Chartered Accountants of the Caribbean’s (ICAC) Annual General

Meeting and conference in Kingston. Your President, was elected secretary to the board of ICAC at the Board meeting following

the AGM. I was first appointed to the ICAC Board in October 2009 and currently represent ICAC as Director on the Board of the

Caribbean Association of Industry and Commerce (CAIC). ICATT currently holds the chair of ICAC’s technical committee and in

this regard is responsible for a number of initiatives around the Caribbean region involving the advancement of best international

practice by regional accountants. The 30th instalment of the conference in June 2012 will be held in Antigua from June 21st to 23rd

under the theme, Playing to Win: Bowling Over the Challenges. As usual the continued success of this event depends on a large

contingent of Trinidad and Tobago members and I encourage you all to attend.

In July 2011, ICATT partnered with the Caribbean Association of Audit Committee Members Inc. (CAACM) to co- host the 5th

Annual Meeting & Conference at the HYATT Regency in Port of Spain under the theme Adding Value, Not Bureaucracy: The Role

of the Audit Committee in Assessing Your Business Risk Profile, Risk Priorities & Governance Structures. The event marked the first

ever Audit Committee conference in Trinidad and Tobago and featured international and regional delegates from over 12 countries

and a feature address by The Honourable Winston Dookeran, Minister of Finance. The conference brought together some major

players in the Region to discuss the role of the Audit committee in moving an organisation forward while encouraging an exchange

of ideas and solutions to address common issues. ICATT was pleased to be at the forefront of such a major event in Trinidad and

Tobago.

In early September 2011, we were a joint partner with the ACCA in hosting the ACCA/ICATT SME forum. The event was well

attended and was aimed at exploring the issues relevant to the sustainability of small and medium enterprises in the Caribbean while

seeking to strengthen their innovative capacity.

Our Annual International Accounting and Finance Conference was held on November 2nd & 3rd 2011 at the HYATT Regency in

Port-of-Spain with over 200 participants. The conference brought together dynamic international, regional and local presenters who

spoke to the theme of Innovations in Business Financial Reporting and Governance. Attendees were treated to addresses by the

Honourable Senator, Dr. Bhoendradatt Tewarie, Minister of Planning & the Economy who spoke on Sustainable Growth in the Non-

Energy Sectors of Trinidad & Tobago, as well as keynote remarks by Dr. The Honourable Timothy Harris, Senior Minister and Minister

of International Trade, Industry, Commerce, Consumer Affairs, Agriculture, Marine Resources and Constituency Empowerment, St.

Kitts & Nevis speaking on Forging a new Paradigm in the Caribbean: Innovation, Creativity and Competitiveness Towards A New

Caribbean Economic Order. Special thanks are extended to our valued sponsors and other contributors for their continued support.

Our 24 title sponsors were:

Titanium: ACCA; Platinum: PricewaterhouseCoopers, KPMG, Deloitte, WASA; Silver: EOG Resources, Methanex, Neal & Massy

Group, National Gas Company of Trinidad & Tobago Ltd.; Bronze: Aegis, SBCS, Certified Management Accountants (CMA),

Business Development Company Ltd., Cuna Mutual Croup, BDO, Orbit Solutions, Atlantic; Special Contributors: First Citizens,

John Dickinson Ltd., Republic Bank, ISACA T& T Chapter, Very Exciting Things Ltd.

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Student FocusWe conducted two e-surveys with our affiliate and student members over a three week period from January to February 2011. The

objective of the surveys was to determine feedback on the service ICATT provides and how we could better meet the needs of these

important stakeholders. Approximately 6,000 students & approximately 1,000 affiliates were invited to participate in the survey

which gave us much food for thought as we develop the necessary products and services.

In the area of education, ICATT and ACCA jointly hosted a student technical session in February 2011 on Calculation and

Interpretation of Accounting Ratios and Trends facilitated by Mr. Haseeb Mohammed of PwC who is one of the foremost experts

in this field. The objectives of the session were to help improve students’ overall performance by providing the tools and techniques

for improved performance with regards to the ACCA paper F7. These sessions are part of ICATT and ACCA’s ongoing efforts to

provide more value to our students while ensuring success at the exam level. In March 2012, we will host a technical session on

Consolidations for students.

In February 2011, I visited Speyside High School in Tobago to speak with the first ever cohort of CAPE A’ Level students at the

school on careers in accounting and other issues that exist in the financial services sector. This was the first such visit to Tobago

by ICATT in recent times and is part of our thrust to promote the benefits and opportunities that exist in the profession to students.

In July 2011, ICATT held the Nation’s first ever Accountancy Career Fair entitled, A Professional Development Forum. The event

was targeted towards secondary school students, persons pursuing accountancy studies and professionals wishing to enter the

Accountancy profession. The whole day event featured exhibition booths from over 10 top Accountancy firms, Accountancy schools

and designatory bodies. Attendees were privy to career opportunities, interview and dress tips and the many avenues available to

persons wishing to pursue Accountancy in Trinidad and Tobago. We hope to have a repeat of this event in 2012 in both Trinidad and

Tobago.

In December 2011, ACCA and ICATT jointly hosted our annual Recognition Ceremony that honoured successful candidates and top

performers of the June 2009, December 2009 and June 2010 examinations from Trinidad and Tobago and the Eastern Caribbean.

Congratulations are extended to all prize winners and thanks to our valuable sponsors.

Continuing Professional DevelopmentICATT was able to offer members and non-members alike a comprehensive number of CPD sessions for 2011/2012. We began

in February with updates on Current Positioning of Exposure Drafts with respect to Revenue recognition, Defined Benefit Plans,

Liabilities & Consolidation. This half day workshop was facilitated by Haseeb Mohammed of PricewaterhouseCoopers.

In March two workshops were hosted: Succession Planning, Estate Planning & Investment and our annual Taxation Workshops.

Facilitated by Bob Gopee, Managing Partner of Bob Gopee & Associates Chartered Accountants and Trevor Philip, Director, Trust &

Estate Planning Resource Limited, the Succession Planning workshop addressed the issues of arming accountants with information

to better service their clients on traditionally cross-border subjects, namely estate planning and investments - naturally the purview

of financial advisers and investment consultants. The Taxation workshops were hosted by Rupert Gooding, Chartered Accountant

Tax Consultant & Attorney-At-Law who addressed the Scope of Trinidad & Tobago Tax Legislation & Practice.

In April we partnered with ACCA to host two events. They were, The Changing Regulatory Framework in Trinidad and Tobago as

it Relates to Proceeds of Crime & Related Matters. Attendees heard presentations from ICATT Representatives; Directors of the

Financial Intelligence Unit (FIU); Financial Investigations Branch, SAUTT & Representatives of the Board of Inland Revenue. The

second was a one day workshop on Forensic Accounting & Fraud facilitated by Mark Thompson, Forensic Investigations Director

at Duncan & Toplis, an East Midlands, UK based firm of chartered accountants. Participants were exposed to: Forensic accounting

legal framework, Fraud landscape – regulatory bodies, private sector organisation; Evidence, note taking and disclosure; Financial

analysis techniques; Forensic report writing; Money laundering and asset recovery.

In May, as a follow-up to a half day workshop conducted by Haseeb Mohammed in December 2010, ICATT hosted a half-day

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session on IFRS 9 & Leasing Exposure Draft Workshop. Attendees were exposed to IFRS 9- Financial Instruments- Classification

& Measurement of Financial Assets; IFRS 9 (October 2010) Financial Instruments - Classification & Measurement of Financial

liabilities; Overview of the exposure draft on Leasing issued in August 2010 and further updates on Exposure draft on leasing based

on IASB/FASB Board deliberations.

In August 2011, we held an International Taxation workshop facilitated by Mr. Merlin Sergeant, Former Chairman, Board of Inland

Revenue that was well subscribed.

In early September 2011, we were a joint partner with ACCA in hosting the ACCA/ICATT SME forum while the second joint event

was another well received two- day event on International Financial Reporting Standards and International Standards of Auditing

-2011 Update held at the Trinidad Hilton. The event was facilitated by Mr. Nagin Lad of ACCA UK.

In January 2012, ICATT once again hosted a successful International Taxation Workshop facilitated by Mr. Merlin Sergeant, Former

Chairman, Board of Inland Revenue.

In February 2012, ICATT hosted a Public Speaking Developmental Workshop For Finance Professionals, facilitated by Ms. Janice

Learmond- Criqui, a Professional Life coach and motivational speaker. This event was well received as it aimed at targeting an often

overlooked area of development. A follow-up session is carded to be held in April 2012 that will provide training in Presentation

Skills.

On February 9th 2012, ICATT was a supporting partner with the Certified Management Accountants (CMA) of Canada to host a

seminar on Scenario Planning: Navigating Through Today’s Uncertain World that was well subscribed. The seminar was

facilitated by Brett Knowles, MBA, CMC who over the last 25 years has established a global reputation for his work in the

performance measurement and management area.

In March 2012, ICATT will host our annual Two Day Taxation Workshop facilitated by Mr. Rupert Gooding, Chartered Accountant,

Tax Consultant & Attorney at Law. Additionally, ICATT will host two seminars advising on best practice for Public Sector Reporting

as guided by the International Federation of Accountants facilitated by Ron Salole, a member of the International Public Sector

Accounting Standards Board.

ConclusionAs I close, I thank you for the support you have given your Institute over the past year and encourage you to maintain this thrust

in the years to come. As I prepare to hand over the presidency, I am satisfied that a sound foundation has been laid for its growth,

sustainability and development. I place on record the efforts and initiatives of my predecessors, Kyle Rudden, Angela Lee Loy and

Sean Ramirez in this regard. I am privileged to have served at the helm of ICATT over the past year and while the challenges were

many, so too were the opportunities. I wish to thank my fellow Council members, committee members and the dedicated staff of the

Institute for their continued support in seeking to meet the needs of our members. Best wishes for 2012.

……………………………………….. President

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L-R ICATT President, Anthony Pierre; Minister of Finance, The Honourable Winston Dookeran; Senior Financial Management

Specialist, Latin America and the Caribbean Region, World Bank, Mozammal Hoque & ICATT General Manager, Subert Gilbert.

L- R: 1st Vice President, Derek Mohammed; ICATT President, Anthony Pierre; Secretary of Education, THA Assemblyman Whitney Alfred, ICATT Member, Godwyn Richardson; Administrator of Education, Mrs. Jennifer Lezama

during a stakeholder visit to Tobago in February 2012.

Team ICATT, PCC 2011

L to R: Mr. Derek Mohammed, 1st Vice President, ICATT; Ms. Shenelle Ram, Top Prize winner,

ACCA June 2011; Ms. Tracey Hansraj, Top Prize winner, ACCA December 2010; Ms. Geeta

Bhagwandass, Top Prize winner, ACCA December 2010; Ms. Eva Patricia Nunez, Top Prize winner,

CAT June 2011; Ms. Angeli Gajadhar, Top Prize winner, CAT December 2010 & Ms. Brenda Lee

Tang, Head of ACCA Caribbean at the November 2011 Certificate Handing Over Ceremony.

Mr. Nagin Lad at the joint ACCA/ ICATT workshops in September 2011.

ICATT Council Member, Kyle Rudden presents a token of appreciation on

behalf of the ICAC to Caroline Kigan, CEO of ICPAK at the First Congress of

Accountants in Africa, Naroibi, November 2011.

Stakeholder Focus

Continuing Professional Development

Stakeholder Focus

Stakeholder Focus

Student Focus

SAC Anniversary

ICATT 1st Vice President, Derek Mohammed congratulates Principal, Students’ Accountancy Centre, Edward “Eddie” Yee Fung

at the school’s 25th Anniversary celebrations in March 2011.

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SECRETARY’S REPORTth, 2011, members were elected as

follows:

Mr. Anthony Pierre - PresidentMr. Derek Mohammed - Vice President Mr. Rudranand Maharaj - Second Vice President

Council members attendance at meetings held for the term 2011 – 2012 was as follows: No. of meetings attended during the term:

Anthony Pierre7/7

Derek Mohammed7/7

Rudy Maharaj6/7

Sean Ramirez6/7

Amarjit Chadee6/7

Kyle Rudden6/7

Peter Gittens6/7

Earl Wilson4/7

Nicole Joseph4/7

Marlene Murray5/7

David Raggay4/7

Election to Council

Messrs. Anthony Pierre and Rudranand Maharaj are due to retire by rotation and being eligible, offer themselves for re-election. Mr. Earl Wilson is due to retire by rotation and does not offer himself for re-election. A Nomination form was received on behalf of Mr. Mohan Mahabir-Singh.

Auditors The retiring Auditors, Michael Lee Kim and Company have expressed their willingness to be re-appointed. A resolution to this effect will be proposed at the Annual General Meeting.

Cynthia LyonsCorporate Secretary

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Independent auditor’s report To the members of

The Institute of Chartered Accountants of Trinidad and Tobago

Report on the financial statementsWe have audited the financial statements of The Institute of Chartered Accountants of Trinidad and Tobago (“the Institute”) which comprises the statement of financial position as at 31 December 2011, statement of comprehensive income,statementofchangesinfundsandstatementofcashflowsfortheyearthenendedanda summary of significant accounting policies and other explanatory information.

Council’s responsibility for the financial statementsThe Council is responsible for the preparation and fair presentation of these financial statements in accordance withInternationalFinancialReportingStandardsforSmallandMedium-sizedEntities(IFRSforSMEs),andfor such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordancewith International Standards ofAuditing. Those standards require thatwe complywithethicalrequirementsandplanandperformtheaudittoobtainreasonableassurancewhethertheFinancialStatements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risk of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Council, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we obtained is sufficient and appropriate to provide a basis for our audit opinion.

OpinionIn our opinion, the accompanying financial statements present fairly in all material respects the financial position oftheInstituteasat31December,2011andtheresultsofitsfinancialperformanceanditscashflowsfortheyearthenendedinaccordancewithInternationalFinancialReportingStandardsforSmallandMedium-sizedEntities.

MICHAELLEEKIM&CO.Chartered Accountants:Port of Spain

TRINIDAD6 March, 2012

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Statement of Council’s responsibilities

It is the responsibility of Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Institute as at the end of the financial year and of the operating results of the Institute for the year. It is also Council’s responsibility to ensure that the Institute keeps proper accounting records which disclose with reasonable accuracy at any time the financial position of the Institute. They are also responsible for safeguarding the assets of the Institute.

Council is responsible for the preparation and fair presentation of these financial statements in accordance with the InternationalFinancialReportingStandards for small andmedium-sized entities (IFRS forSME’s).Thisresponsibility includes designing, implementing and maintaining internal controls relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error, selecting and applying appropriate accounting policies, and making accounting estimates that are reasonable in the circumstances.

Council accepts responsibility for the annual financial statements, which have been prepared using appropriate accounting policies supported by reasonable and prudent judgments and estimates, in conformity with the IFRS forSME’s.Councilareoftheopinionthatthefinancialstatementspresentfairlyinallmaterialrespects,thestateof the financial affairs of the Institute and of its operating results. Council further accepts responsibility for the maintenance of accounting records which may be relied upon in the preparation of financial statements, as well asadequatesystemsofinternalfinancialcontrol.

Nothing has come to the attention of Council to indicate that the Institute will not remain a going concern for at least the next twelve months from the date of this statement.

President Council Member6 March 2012 6 March 2012

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Statement of financial position

as at 31 December 2011 2011 2010

Notes $ $ ASSETS

Current assets

Cashandcashequivalents 4 1,548,271 1,511,060Accounts receivable 5 417,932 480,366Inventories 6 3,643 21,487

Total current assets 1,969,846 2,012,913

Non-current assets

Propertyandequipment 7 861,512 882,690

Total assets 2,831,358 2,895,603

EQUITY AND LIABILITIES

Reserves

Accumulated fund 2,204,889 2,131,569Benevolent fund 8 137,793 133,934

Total equity 2,342,682 2,265,503

Current liabilities

Accounts payable 9 251,938 361,522Deferred income 9 236,738 268,578

Total current liabilities 488,676 630,100

Total equity and liabilities 2,831,358 2,895,603

The accompanying notes to the accounts, on pages 24 to 34 form an integral part of these financial statements.

On 6 March 2012, the Council authorised these financial statements for issue.

President Council Member

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Statement of comprehensive income

for the year ended 31 December 2011 2011 2010

Notes $ $

RevenueMembers subscriptions and fees 10 1,233,600 1,199,250Students subscriptions, fees and subventions 11 1,418,390 1,615,853Interest income 40,480 50,656Other income 12 590,012 568,809

Total revenue 3,282,482 3,434,568

ExpensesEmployeesalariesandbenefits 13 (1,435,227) (1,695,924)Marketing (134,760) (166,638) Administrative 14 (1,635,316) (1,804,951)

Total expenditure (3,205,303) (3,667,513)

Profit/(loss) for the year 77,179 (232,945)


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Statement of changes in funds

for the year ended 31 December 2011

Accumulated Benevolent Total Fund Fund Fund $ $ $

Year ended 31 December 2011

Balanceat1January2011 2,131,569 133,934 2,265,503

Profit for the year 77,179 – 77,179

Transfer to benevolent fund (3,859) 3,859 –

Balance at 31 December 2011 2,204,889 137,793 2,342,682

Year ended 31 December 2010

Balanceat1January2010 2,364,514 133,934 2,498,448

Loss for the year (232,945) – (232,945)

Balance at 31 December 2010 2,131,569 133,934 2,265,503


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Statement of cash flows


$ $

Operating activitiesProfit/(loss) 77,179 (232,945)Adjustments for non-cash income and expenses: Depreciation 82,545 87,067 Lossonsaleofpropertyandequipment – 157 Interest received (40,480) (50,656) Unrealised foreign exchange losses/(gains) on operating activities 795 (778)Changes in working capital Decrease in accounts receivable 62,434 123,781

Decrease/(increase) in inventories 17,844 (2,711) Decrease in accounts payable (141,424) (140,270)

Net cash provided by/(used in) operating activities 58,893 (216,355)

Cash flows from investing activities Purchaseofequipment (61,367) (31,545) Interest received 40,480 50,656

Net cash (used in)/provided by investing activities (20,887) 19,111

Net increase/(decrease) in cash and cash equivalents 38,006 (197,244)

Cashandcashequivalentsatbeginningofyear 1,511,060 1,707,526Exchange(losses)/gainsoncashandcashequivalents (795) 778

Cash and cash equivalents at end of year 1,548,271 1,511,060


P 24


Notes to the financial statements


1 General information

The Institute of Chartered Accountants of Trinidad and Tobago (the Institute) was incorporated by Act No. 33 of 1970 in Trinidad and Tobago. Its principal activities are:

a) To regulate the ethics, discipline, professional conduct and standards of its members and students; and

b) To promote and increase the knowledge, skill and proficiency of its members and students.

Its registered office and principal place of business is located on 2nd Floor, Building A, Professional Centre, 11-13 Fitzblackman Drive South, Woodbrook, Port-of-Spain.

2 Significant accounting policies

The financial statements have been prepared in accordance with the International Financial Reporting StandardsforSmallandMedium-sizedEntities(IFRSforSMEs)issuedbytheInternationalAccountingStandards Board.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

2.1 Basis of preparation

ThefinancialstatementshavebeenpreparedinaccordancewithIFRSforSMEsusingthehistoricalcostconvention.ThepreparationoffinancialstatementsinconformitywithIFRSforSMEsrequirestheuseofcertaincriticalaccountingestimates.Italsorequiresmanagementtoexerciseitsjudgmentintheprocessofapplying the Institute’s accounting policies. This is disclosed in note 2.2.

2.2 Property and equipment

Property and equipment is stated at historical cost less accumulated depreciation and any accumulatedimpairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. TheInstituteaddstothecarryingamountofanitemofpropertyandequipmentthecostofreplacingpartsof such an item when that cost is incurred if the replacement part is expected to provide incremental future benefits to the Institute; the carrying amount of the replaced part is derecognised.

All other repairs and maintenance are charged to the statement of comprehensive income during the period in which they are incurred. Depreciation on other assets is charged so as to allocate the cost over their estimated useful lives as follows.

Office premises – 2% straight line basisOfficeequipment – 20%reducingbalancebasisComputerequipment – 33.33%reducingbalancebasisFurniture, fixtures and fittings – 10% reducing balance basis

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Notes to the financial statements (continued)


2 Significant accounting policies (continued)

2.2 Property and equipment (continued)

The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, if there is an indication of a significant change since the last reporting date. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of comprehensive income.

2.3 Impairment of non-financial assets other than inventories

Ateachreportingdate,propertyandequipmentarereviewedtodeterminewhetherthereisanyindicationthat those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset (or group of related assets) is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised in the statement of comprehensive income.

2.4 Inventories

Inventories comprising publications for resale are stated at the lower of cost or estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. At each reporting date, inventories are assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling price less costs to complete and sell, the impairment loss is recognised immediately in the statement of comprehensive income.

2.5 Accounts receivable

Accounts receivable are amounts due from customers for goods sold or services performed in the ordinary course of business. All collections from sales are expected in one year or less and are classified as current assets.

Accounts receivable are initially recognisedat the transactionprice.Theyare subsequentlymeasuredatamortised cost using the effective interest method less provision for impairment. A provision for impairment of accounts receivable is established when there is objective evidence that the Institute will not be able to collect all amounts due according to the original terms of the receivables.

2.6 Cash and cash equivalents

Cashandcashequivalentsarecarriedinthestatementoffinancialpositionatcostandcomprisecashinhand, cash at bank, funds held in Trinidad and Tobago Dollars (TTD) and United States Dollars (USD) IncomeFunds,andothershort-termhighlyliquidinvestments.

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2.7 Accounts payable

Accounts payable are obligations on the basis of normal credit terms and do not bear interest. Accounts payablearerecognisedinitiallyatthetransactionpriceandsubsequentlymeasuredatamortisedcostusingthe effective interest method.

2.8 Deferred income

Subscriptions received in the current year for the following year are recorded as a liability. These amounts are then transferred to revenue in the year to which they relate. Members and students prepayments are recognisedinitiallyatthetransactionpriceandsubsequentlymeasuredatamortisedcostusingtheeffectiveinterest method.

2.9 Provisions

Provisions are recognised when the Institute has a present legal or constructive obligation as a result of past events,itisprobablethatanoutflowofresourceswillberequiredtosettletheobligationandtheamounthas been reliably estimated. Provisions are not recognised for future operating losses. Where there are a numberofsimilarobligations,thelikelihoodthatanoutflowwillberequiredinsettlementisdeterminedbyconsideringtheclassofobligationsasawhole.Aprovisionisrecognisedevenif thelikelihoodofanoutflowwith respect to any one item included in the same class of obligations may be small.

Provisionsaremeasuredatthepresentvalueoftheexpenditureexpectedtoberequiredtosettletheobligationusingapre-taxratethatreflectscurrentmarketassessmentsofthetimevalueofmoneyandtherisksspecificto the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Whensomeoralloftheeconomicbenefitsrequiredtosettleaprovisionareexpectedtoberecoveredfromathird party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2.10 Foreign currency translation

a) Functional and presentation currency

Items included in the financial statements of the Institute are measured using the currency of the primary economic environment in which the Institute operates (‘the functional currency’). These financial statements are presented in Trinidad and Tobago Dollars (TTD), which is the Institute’s functional and presentation currency.

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2.10 Foreign currency translation (continued)

b) Transactions and balances

Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income. All other foreign exchange gains and losses are presented in the statement of comprehensive income within other income.

2.11 Revenue

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the Institute’s activities and it is recognised on an accrual basis.

2.11.1 Subscription income

Student and membership subscriptions are initially recorded as deferred revenue and recognised on a straight-line basis over the reporting period.

2.11.2 Interest income

Interest income is recognised using the effective interest method.

2.12 Taxation

The primary activities of the Institute are of an educational nature and therefore are not liable to corporation tax. The Institute is however subject to the Green Fund Levy paid at the rate of 0.1% of gross revenue.

2.13 Employee benefit obligations

Pension obligation

The Institute has a defined contribution plan. A defined contribution plan is a pension plan under which the Institute pays fixed contributions into a separate entity and has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

The Institute pays contributions to publicly or privately administered pension insurance plans on a mandatory or contractual basis. The contributions are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as an asset.

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$ $ 3 Financial instruments

Financial assets Financial assets measured at amortised cost less impairment –Cashandcashequivalents 1,548,271 1,511,060 – Accounts receivable 417,932 480,366

Total 1,966,203 1,991,426

Financial liabilities Financial liabilities measured at amortised cost – Vendors payable 38,158 21,728 – Other payables 213,780 339,794

Total 251,938 361,522

4 Cash and cash equivalents

Income funds 1,401,415 1,340,865Cashfloat 600 400Cash at bank 144,256 167,795Cash in hand 2,000 2,000

Total 1,548,271 1,511,060

The IncomeFund investmentshavebeenclassifiedascashequivalentsas theyareavailable forworkingcapitalrequirements.Theeffectiveinterestrateofthesefundsattheyearendwas2.1%(2010:2.4%).

The carrying amounts of the Institute’s foreign currency denominated monetary assets translated to the functional currency at the end of the reporting period are as follows:

2011 2010 $ $

USD Income and Growth Fund 35,911 34,455

5 Accounts receivable

Accounts receivable – members and students 81,522 147,240Other receivables 9,710 2,434Prepayments 326,700 330,692

Total 417,932 480,366

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5.1 Prepayments

Prepayments relate primarily to the practice monitoring fee as the contract year is from 1 October to 30 September.

2011 2010 $ $6 Inventories

Publications for resale 3,643 21,487

7 Property and equipment

Furniture Fixtures Office Office Computer and Premises Equipment Equipment Fittings Total $ $ $ $ $

Cost At1January2011 692,383 158,852 246,748 220,769 1,318,752 Additions – 16,683 31,975 12,709 61,367

At 31 December 2011 692,383 175,535 278,723 233,478 1,380,119

Accumulated Depreciation At1January2011 (99,336) (90,824) (153,648) (92,254) (436,062) Annual Depreciation (13,848) (15,606) (39,886) (13,205) (82,545)

At 31 December 2011 (113,184) (106,430) (193,534) (105,459) (518,607)

Carrying Amount At 1 January 2011 593,047 68,028 93,100 128,515 882,690

At 31 December 2011 579,199 69,105 85,189 128,019 861,512

8 Benevolent fund

The Benevolent fund which was established in 1982 is an accumulation of a maximum of 5% of the profit for the year transferred each year. The purpose of the Benevolent Fund is to provide aid to distressed members of the Institute.

The current policy is to make annual disbursements from the Fund up to a maximum of 20% of its balance at the end of the preceding year.

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$ $ 9 Current liabilities

Accounts payable

Vendors payable 38,158 21,728VAT payable 131,537 175,139Other payables – 230Accrued liabilities 82,243 164,425

Total accounts payable 251,938 361,522

Deferred income 236,738 268,578

Total current liabilities 488,676 630,100

The average credit period on purchases is 30 days. No interest is charged on the accounts payable.

2011 2010 $ $ 10 Members’ subscriptions and fees

Members not in practice 548,900 507,000Members in practice 647,500 660,850Members resident overseas 17,200 16,400Retired members 2,400 2,200Application fees 17,600 12,800

Total 1,233,600 1,199,250

2011 2010 $ $ 11 Students’ subscriptions, fees and subventions

Subscriptions and fees 1,157,518 1,420,569Subvention 260,872 195,284

Total 1,418,390 1,615,853

2011 2010 $ $ 12 Other income

Profit from seminars and other events 489,916 498,982Miscellaneous 23,693 21,059Profit from sale of publications 76,403 48,768

Total 590,012 568,809

P 31




12.1 Profit from seminars and other events

2011 2010

Seminar Income Expenses Surplus/(Deficit)


Updates on the current position ofExposureDrafts

33,400 (27,441) 5,959 IFRS For SMEsWorkshop

45,000 (39,072) 5,928

Succession Planning,EstatePlanning & Investments

12,500 (19,024) (6,524) Breakfast meeting - Occupational Pension Plans Bill

2,000 (5,462) (3,462)

Taxation Workshop

214,518 (109,264) 105,254 Taxation workshop

227,100 (92,728) 134,372

Breakfast Meeting - The Changing Regulatory Framework in T&T as it relates to the proceeds of crime and related matters

36,293 (25,362) 10,931 CMA/ICATT IFRS Workshop and Panel Discussion

15,065 (1,440) 13,625

ACCA/ICATTForensic Accounting & Fraud Seminar

109,500 (62,308) 47,192 IFRS Update Workshop

104,290 (48,722) 55,568

IFRS 9 & Leasing ExposureDraft

46,900 (28,055) 18,845 Critical thinking seminar

48,800 (23,665) 25,135

P 32




12.1 Profit from seminars and other events (continued)

2011 2010



Caribbean Association of Audit Committee Members Inc. (CAACM) in Collaboration with ICATT

81,195 (82,683) (1,488) Accountants’ Week - 2 Day Seminar/ Gala Dinner/ Recognition Ceremony

1,012,500 (770,239) 242,261

International Taxation, Double Taxation Treaties

21,000 (10,244) 10,756 IFRS 9 & LeasingED

60,000 (34,745) 25,255

ACCA / ICATTJointIFRS /ISA Update

171,337 (73,839) 97,498 Prior year seminar related adjustment

300 300

ISA Clarity Workshop

191,000 (173,491) 17,509

Annual International Accounting & Finance Conference

759,060 (595,076) 163,984

Reduction in prior year seminar expense

20,000 20,000

Total 1,676,703 (1,186,787) 489,916 1,515,055 (1,016,073) 498,982

P 33




$ $

13 Employee salaries and benefits

Salaries 1,301,483 1,513,989Employer’smedicalplancontributions 12,852 7,800Employer’spensioncontributionsandNIS 96,584 147,333Staff learning and development 20,558 9,841Staff uniforms 3,750 16,961

Total 1,435,227 1,695,924

2011 2010 $ $ 14 Administrative expenses

Postage and printing 69,542 55,771Consultancy fees 44,384 508,492Stationery and office supplies 56,924 37,964IFAC subscriptions 34,173 32,748ICAC subscriptions 99,139 89,146Telephone 99,364 93,000Occupancy expenses 121,205 114,338Computer maintenance 76,475 60,717International/regional travel 237,076 55,512

Practice monitoring fees 164,183 200,982Depreciation 82,545 87,067Repairs and maintenance 48,435 37,737Legal fees 71,464 91,696Council/committee meetings 57,871 60,800Insurance 55,118 59,422Other expenses 317,418 219,559

Total 1,635,316 1,804,951

15 Related-party transactions

Key management compensation

The compensation paid or payable to all key management for employee service is shown below:

2011 2010 $ $

Total key management compensation 659,214 887,168

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16 Subsequent Events

TheInstitutehasdeterminedatthetimeofissueofthesefinancialstatementsthattherearenosubsequenteventswhichrequiredisclosureinthesefinancialstatements.

P 35


March 5, 2012

Dear Member

NOTICE OF THE FORTY SECOND ANNUAL GENERAL MEETINGNotice is hereby given that the Forty Second Annual General Meeting of the Institute will be held at Courtyard Marriott Invader’sBay,AudreyJeffersHighway,Port-of-SpainonWednesday28thMarch,2012at5.00p.m.totransactthefollowingbusiness:

ORDINARY BUSINESS

1. To receive and consider the Annual Report of the Council for the 2011/ 2012 Term.

2. To receive and adopt the Financial Statements of the Institute for the year ended December 31, 2011 with the Auditor’s Report thereon.

3. To elect the following members to Council: Anthony Pierre Rudranand Maharaj Mohan Mahabir-Singh

(a) Messrs. Anthony Pierre and Rudranand Maharaj are due to retire by rotation and being eligible, offer themselves for re-election.

(b) Mr.EarlWilsonisduetoretirebyrotationanddoesnotofferhimself forre-election.(c) Nomination form was received on behalf of Mr. Mohan Mahabir-Singh.

4. To appoint the Auditor for the year ending December 31, 2012.

By order of Council

CYNTHIA LYONSSecretary to Council

Rule 85: No member shall be entitled to be present or to vote, at any general meeting who is in arrears with any subscriptions or sum payable by him/her to the Institute.

Rule 86: A member entitled to vote may appoint as his/her proxy any member who is qualified to vote.

P 36


FORM OF PROXY

The Institute of Chartered Accountants of Trinidad and Tobago

I, ………………………………… of …………………………………...... being a member of the above mentioned Institute

hereby appoint ………………………………….. or failing him/her …………………………. each of whom is a member of the

said Institute as my proxy to vote for me on my behalf at the 42nd Annual General Meeting of the said Institute to be held

on the Wednesday 28th day of March 2012 and at any adjournment thereof.

Signed this……… day of ……………………………. 2012

Signature of member………………………………….................Membership No………....

Please indicate with an “X” in the appropriate box below how you wish your vote(s) to be cast.

ORDINARY BUSINESS RESOLUTIONS FOR AGAINST

1 To receive and consider the Annual Report of the Council for the 2011/ 2012 Term.

2 To receive and adopt the Accounts of the Institute for the year ended 31st December 2011 with the Auditor’s Report thereon.

3 To elect the following members to Council.

Anthony Pierre

Rudranand Maharaj

Mohan Mahabir-Singh

4 To appoint Auditors for the year ending 31st December, 2012 term.

Rule 85: No member shall be entitled to be present or to vote, at any general meeting who is in arrears with any subscriptions or sum payable by him/her to the Institute.

Rule 86: A member entitled to vote may appoint as his/her proxy any member who is to vote.

Rule 87: Every instrument of proxy shall be in writing and shall be signed by the appointer or his attorney and together with the power of attorney (if any) under which it is signed, shall be deposited with or sent to the Secretary so as to be received by him at least forty-eight hours before the holding of the meeting or adjourned meeting at which it is to acted on or, in the case of a poll, before the time appointed for the taking of the poll.

P 37


712 Ahloy Paul516 Ahmad Hakeem698 AlexanderErrolAugustus345 Ali Hanif893 AliJameel756 Ali Shahamad1015 Ali A. Imtiaz1024 Ali Mahammad M.1 Ali Mumtaz1131 Ali Riaz641 Alleyne Robert A.125 Alphonse Andre R.244 Ambrose Leonardo M.1146 Arjune Pravin S.899 Arumugadasan Nalika1340 Aziz-Mohammed Fatima618 Baboolal Roshan734 Bachoo Dhanraj1189 Baptiste Vernon D.332 Beharry Capildeo645 Bharath Adrian M593 BharathClaudeE1162 Bob -Gopee Shivantee310 Boodoosingh Vishnu53 Bowman Rupert T.1156 Bridgemohansingh Hadyn900 Bridglal Anil365 Browne Mariano R.577 Budhu Surindranath512 Bynoe Mervyn A.719 Camacho Craig Martin274 CastilloAnselmJ.152 Chadee Amarjit372 Chadee Ritchie178 Chay Carl A.468 Chedu-Piper Donna-Mae L.6 Chow Leo697 Cockburn Sheldon882 CookEsther492 Daniel W. Keith759 Dass Sinanan437 Davis Philmore127 De Nobriga Lanceworth A.477 Dhanessar Winston11 Dieffenthaller George A.775 Dookiesingh Krishna990 Douglas Denise D. D.1337 Felix-Chevalier Kerry-Ann258 Fletcher Brian T1174 Golding Stacy-Ann689 Gomez Trevor Nicholas535 Gonsalves Lindsay L.814 Gopaulsingh Anton A.187 Gopee Ramganie B849 Gopee Rendra A861 Griffith Sheldon18 Hadaway Bertram G.1077 Hardyal Marisa S.1196 Hodges David216 Hogan Ronald V.

1378 Hornby Christopher S.669 Hosein Dr. Shaffick384 Inglefield Peter R356 JackShirleyP.1339 JaggessarRusselS.24 JohnWorrellE.1007 JokhooDinesh556 Joseph-CaddleVeronicaDebbie1145 Khan Kazim131 Knights Ralph C1130 LakhanJagdeshV.863 Lalsingh Nicole314 Lee Anne Marie255 Lee Charles W.29 LeeKimMichaelJ325 Lee Loy Angela M961 LeeTangJohnsonAnthony257 Lopez Lionel Dave Peter746 Lutchman Nicole644 Mahabir-Singh Mohan204 Mahadeo Reynold769 Maharaj Rudranand956 Maharaj Steve140 Maharaj Vishnu276 MangrooJeewan939 Marchock Addie137 Mark Ainsley Albert93 Mike Hamlyn R.864 Mohammed Derek660 Mohammed Haseeb684 Mohammed Kamaral865 Mohammed Shazad792 MohammedYasmin976 Mohammed Zakheem989 Mohammed-Maraj Nazreen277 Montano Danny A.139 Montgomery David G.852 Moodoo Roy Carlos630 Moonoo Bhagwandaye1044 Mungalsingh, Avind L.367 Murray Russell181 Musai Vishnu D.K1161 Naipaul- Gopee Shelley997 Narinesingh Pria549 Neebar Sookmatee S.80 NunesEdwardJ.903 Omardeen Sohaila605 Ottley Bede P.1112 Panchoo Nigel1037 Pariag Sarah626 Parmesar Ramkarran520 Parsotan Franklyn334 Persad Herman671 Philip Renee - Lisa515 Phillip-Bruneau Aneitha570 Pierre Anthony359 PujadasLeroyE.415 Ragobar Steve638 Ragoonath Kenrick294 Rambhajan Sieunarine

Members in Practice (MP) at 31 December 2011

P 38


538 Ramcharan Ramesh789 Ramcharitar Leslie190 Ramdass Ramnarine809 Ramgoolam Sunita782 Ramirez Sean833 Ramkissoon Rajin1239 Ramkissoon Rona623 Ramkissoonsingh Deoraj812 Ramlakhan Ramdath827 Ramlakhan Steve465 Ramnarine Madan1143 Ramnarine Dev573 RamnathErrolI.445 Ramoutar Alan632 Ramoutar Larry A.1053 Ramoutar Sharon Andra1238 Ramoutar Wendell373 Rampersad Kenny A.281 Rampersad Ramdath D.810 Rampersad Rikhi629 Richards-LawrenceNicoleE820 Rochester Walter566 Rudden Kyle M.406 RupnarineCliveE.347 Rutherford Deryck C.157 Ryan Theodore P.1181 Samaroo-Ramsingh Mala84 SanchoGeraldE.86 Seegobin Krishna (Honorary)

1045 Seenath, Arun M88 Seeterram Chandricka D.1338 Senike Roshni H.1063 Sharma Satyanan881 Sharma-Maharaj Avesha588 Siew Vijay220 Simmonds Walter B.464 Simms Hyacinth C.918 Singh Maltie982 Singh Bhesham369 Smart-Cooper Allyson M.999 Sobransingh Glenn S.221 Sogren Stephen A.482 SooPingChowColinJ.714 Sookram Dushyant962 Subnaik-David Rena720 Sukhram Dhowlatram958 Superville Mark Kevin631 Swamber Vashti898 Thompson Ruthven327 Thompson Wally M.413 ThomsonIanE.726 Tom Andrew A. A. H.303 Toney Michael G.207 Toppin Patrick B.642 WharfeColinB.J.F.399 WilsonEarl428 YoungLily

Members in Practice (MP) at 31 December 2011 (Continued)

P 39


1092 Abdool Nadia 1343 Abdul-HaqqHarun1462 Adams Omaalade1059 Alexander Neil Mitchell1109 Alexis David707 Ali Faizal316 Ali Haseena964 AliJenifer685 Ali Razard B783 Ali Razeem586 Ali Salahudeen1299 Ali A. Dale1086 Ali Akeeta1195 Ali Anisa1410 Ali Ann Marie1120 Ali Areef1262 Ali Bhim Nadera959 Ali Omardeen Karen1093 Ali Rachel980 Ali Riaz1353 Ali Sedalia Rehana1394 Ali Taslima1115 Ali Vanessa996 Ali Waheeda A. M.1392 Ali-Lopez Naseem A.1352 Allen Renil K.765 Almandoz Rachael1170 Alves Avion836 Ambard Bernadette711 Ammon Nicole Karlene1051 Andall Darren410R Anderson Christian D.1478 AndrewsE.Natasha1284 Andrews Kester217 ArjuneErrolS.1315 ArjuneElizabethAnn702 Attai Mitra C.C.1084 Austin Carol1398 Austin Michelle N.813 Awai Lisa C.530 Awang Brian C1222 Babwah Ansuya1159 Bachan-Ramdath Sherry-Ann1454 Bachoo Indira1074 Badal Neisha1062 Badri Neeta736 BaileyJennifer1386 Bailey Nicholas495 Bain Godfrey D.1319 Bajnath Binode804 Baksh Karina208 Baksh Zabar M.731 Balbirsingh Valmiki1255 Baliram-RamoutarJudith1329 Balkaran Sheena1391 Bally Neesa1320 Balroop Vanita

1290 Banswah Paul D.716 BaptisteJosefL.844 Baptiste Ingrid C975 Baptiste Oscar Winston879 Basdeo Rajram610 Beepath Doon450 Beharry Ashram S346 Beharry Boodlal607 BenjaminDavidCE1271 Benjamin Campbell Leigh-Ann1481 BerkeleyJason757 Bernard Frederick1263 Besai Varesha774 Bharath Anganee609 Bharath Vasant V1010 Bharath Trudy1286 Bhim David1285 Bhim S. Shamead S988 Bhim Vanessa1333 Bhola N. Dinesh1193 Bhola Neil1312 Bhola Robby1227 Bhowram Wendy1420 Bickramdass Cindy1081 Bickramdass Pricilla519 Billy Brenda1211 Billy Tami357 Bisram Harripersad1097 Bisram Vanessa Leena1168 Bissessar Ishwar1419 Bissoondial Daniel1347 Blake Nicoline P.948 Blanc Alec569 Blanc Daniela A943 Blanc Anthony200 Blanchard Kenneth A262 Boodhai Krishna R946 Boodoo Balkrishna1117 Boodoo Vashti1423 Boodram Bal585 Borel Roland D.847 Borely Marie-Suzanne1085 Boxill-Sampson Sydelle1202 BrewsterJoshuaW.1364 Bridglal Alvin885 Brown Delano N.738 Brown Dwight D.673 BrowneJoelO’brien107 Bruce Paul N.1107 Buchoon Rita1105 Budd Nicole1472 BurketteSheldonJ.418 Burrell Bernadette S.424 Buxo Alexander P. M.1147 Caddle Atiba1426 Callan Sherry-Ann489 Callender Dawn

Members Not in Practice (MNP) at 31 December 2011

P 40


1000 Callender Benjamin Nicole S.772 Calliste Leroy1480 Camacho R Corenne272 CampbellNorrisE870 Carballo Michael821 Cardinez Ravi Valerio584 Carr Ronald C.910 Carrington Ronald1052 Chadee Rudinauth175 Chang Dave M.206 ChangJudyY433 Chang Patricia A.592 CharlesMaxineJ.1201 Charles Melissa S.1048 Chase, Marina831 Chevrotiere Garth313 Chin Chuck Laurence665 Chin Pang Valerie A1413 Chinpire-O’Reilly Denise S.431 Chin-Rampersad Marilyn S. A.954 Choon Neela144 Chow Alwin S.1203 Chrysostom-RyanRiaJ.753 ClarkeSeamusJoseph859 Clarke - Andrews Marilyn625 Clayton Allan Mark729 Codrington Alicia B.1306 Coker Curlande1021 Coker-Duncan Carlene A.787 Cooke-WarrickJenniferAnne565 Cooper Reynold750 Costelloe Trisha1464 Cowie Christopher D.1247 Cuffie Osben1089 Cumberbatch -Dhoray Camille1177 Cumming Rex1068 Cummings Learie1087 D’Arcy Adrienne884 Dabiedeen Reaaz A1305 Dalipram Heamwatee808 Daniel Dexter K866 Daniel Dianne385 Daniel William W.594 DarmanieTerrenceJ1385 DavidJodyA.700 Davis Barry A1300 Davis Holder Karen574 DavisJudith362 De Four Hollis C250 De Freitas Keith B. F.1296 De La Rosa Tricia381 De Lisle Godfrey T.143 De Silva Gary R.1035 DeSilvaJohn10 Dean-Maharaj Vindar1318 Deopersad K Shivanan

1072 Derby Sylvia1372 Dhanraj-Mangroo Soma1192 Dial Desmond927 Diaz Wayne1243 Dickson Ann Marie425 Dilbar Zaffoora Zena1409 Dinanath Rishi1028 DixonJill658 DookaranElawatee708 DookieJeromeS969 Doolan Carol1326 Doolarchan Karen557 Dottin Howard A. W.670 Dow Graeme675 Downes Ian F G1448 Doyle Laura C.1108 Drayton-Smith Nola1198 Durgah Lallitah1417 Dwarika Wendy387 EdwardsJoelC.1057 EdwardsJames1416 EdwardsMarcia952 EdwardsMichael1266 Edwards-SandyMarilyn781 Elias-WilsonNatashaT.124 EsauJosephP.485 EspinetRichardG.518 Farah Roger A. G.987 Farfan Marsha G. M.1043 Farrier-Pierre Tessa784 Ferguson Richard A.1428 Flemming Ian694 Frampton-Benskin Marge B.763 Francis Gregory672 Frank Christine I.1437 Frank Stephanie877 Fraser Lorna1121 Fraser-Pierre Natasha721 Frederick Arlene G.1019 FrederickH.Jennifer1403 Fullerton Alicia C.1449 Gaines-Ramjohn Candice646 Gallai Pearl71 Ganteaume, Peter1075 Gaulteau Kevin1188 Gayadeen Richard1469 GeorgeSharonJenifer1439 George Sophia971 George-Sharpe Ayanna Natalla1412 Gilbert-Nath Nerissa1273 Gildharry Christine G.1438 Gill Carla677 GittensPeterE472 Gittens Richard B.619 GobinJohn639 Gobin Suresh Steven

Members Not in Practice (MNP) at 31 December 2011 (Continued)

P 41


855 Gobin Chandranath1153 Gobin Farley1355 Gobin Sonia N.1176 Goinda Sonah539 Goindhan-AquanCarmen1374 Goindoo Andre683 Gomes Stanley1429 GomesJoyAllison1430 Gomes Roger259 Gonsalves Basil V.953 Gonsalves Cherise1256 Gooding Rupert1220 Gopaul Sherry Ann 1328 Gopaul-JagessarDiana1289 Gopee Susan1164 Gopie Mohan627 Gordon Geoffrey C. M.1335 Gormandy Nicole1160 Goswami Rakesh1032 Govia Kristian1026 Grandison Deon1345 GriffithE.Kern1365 GrosbergJohan1411 Guischard Vernetta1166 Guyadeen Michael1229 Hamid S. Aaliya1370 Haniff Azzarudeen1047 Hannays, Gregory S1066 Hardyal Sunil469 Harris Wilbert A405 Harris Willard P1122 Heath Philomen438 Heerah Parasram796 Heeraman Anand1172 Heeraman Tabitha1008 HenckelFranzE1250 Henry Lucyann N.1125 Henry Susanne867 Herbert Dixie-Ann73 Herde Victor P.883 Hewlett - Ola Celia A.1348 Hinds CharlesTracy1311 Hinds Lyn1083 Hiralal Carl1135 Holder Annabelle762 Hosein Fazir333 Hosein Hollis N.1436 Hosein Deokie1025 Hosein Saeed1324 Houlass- Abdool Leela555 Hoyte U Wilmot1259 Hussain Saleem511 Hypolite-Ferdinand Camile1302 Ignacio Crystal 1054 Imamshah Nandai966 InnissJoy478 Inniss-Demas Wendy G. D.967 Irish Nigel Pernell693 Isaac Derrick L.1383 Ishmael Anthony

575 JackRuthvenF.1404 JackAndy934 JacksonMichelleM838 JacobsKerwyn880 JaganAntoni649 JaggatLalchan1254 JaggernauthBhamini1431 JaggernauthDexterRichard1237 JaggernauthKimberly1140 JagroopSunita1079 Jagroo-SeemungalSabita286 JalsaKennyK.529 JamesAnneMarie666 JamesDexterW.E.395 JamesEarleM.896 JamesGarvin1240 Jarvis-SealeyShanelle1152 JawahirUsha562 JeffersAdrianL.740 JeromeLarryN.1148 JessopGarnet1377 JoadsinghVickramK.1303 JodhanRichard397 JohnCarolyn410 JohncillaKenny435 JohnsonPeterD.1191 JohnsonCrystalC.1447 Johnson-DavidJennifer803 JonesRichardLeopold1158 Jones-IfillNicole779 Jones-McleanAline633 JosephAnthonyN.922 JosephNicole419 JosephRichardA.1283 JosephCNatasha1138 JosephJayneil1264 JosephJeanetteM.1304 JosephL.A.Cassandra1252 JosephVictorCarleen1400 Jules-SerriesShawn298 JumanShareef1230 Kahrim-Alsaran Saara1368 Kalicharan Ramcharan1362 Kalloo Vedwati778 Kamalodeen Azeem758 Kanta - Persad Rawdon1433 KantapersadJasso1287 KappelO.Elaine1184 Khan Sasha1183 Khan Sharik1080 Khan Zenobia1288 Khan-Bheekoo Nadia1004 Khanpradie Steve874 King Maxine1190 King Christopher1009 Kirby Rayon T801 Kissoon David Allan1446 Kissoon Susan192 Knights Marie A.455 Knights Denise Margot

P 42


408 Kong Ting Patricia M.355 Kumar Catherine R.1169 La Pierre Donna621 La Touche Doreen1330 La Touche Danielle826 Lackhan-Ramatally Shobha488 LaiPaulJ.W.M.1178 Laidlow Wendy-Ann540 Lalchan Moonilal854 LallaJerry974 Lalla Sylvia1471 Lalsie Curtis1157 Laltoo Liza640 Lashley Ingrid L-A.1154 Le Maitre Sherwyn837 Learmont Ashworth1179 Lee Poy Curtis992 Lee Tang Brenda, Rose1207 LeeYuenJonathanM.1390 Lee-Chong Katerina M.590 Lee-Inniss Gerrard1042 Leonce Kevin984 Leung Giles Walter816 Lewis-Belasco Patricia915 Lewis-EversleyBarbara1373 Lezama Danelle1415 LezamaJune1473 Lezama Nancy C.1261 Lochansingh-Khan Lisanne1206 Lopez Kern A.829 Lopez Llewellyn Raeburn819 LoquanNeil376 Lue Ping Wa Feona G.1171 Lue-Fatt Katherine653 LukJimWendy773 Lum Kang-Ramdeen Cyd Rebecca628 LumYoungJohnC.1361 Lumsden Nicola1292 Lutchman R. Ryan889 Lutchmeesingh Neena835 Mackenzie Lisa186 Mackenzie Roger A.1483 MadrayRomelJerome840 Mahabir Hamant936 Mahabir Susanne S1395 Mahabir Gheesan1396 Mahabir Harideo1082 Mahabir Sahendra1236 Mahabir Vijay1310 MaharaHorace.J637 Maharaj Aneal690 Maharaj Glenn656 Maharaj Gulabchand552 Maharaj Phillip317 Maharaj Sharma B.668 Maharaj Stanley

682 Maharaj Varun553 Maharaj Amrith1434 Maharaj Chandradath1214 Maharaj Kamal1113 Maharaj Karishma1316 Maharaj Kavita Samantha979 Maharaj Lester Rajesh1118 Maharaj Lolita1435 Maharaj Narendra1011 Maharaj Vishal550 Maharajh Syntra S.780 Maharajh Vishwanath1388 Maharajh Karuna S.S.1150 Maharajh Vishesh617 Manchoon Curtis1371 Mangroo Satyam Glen1232 Manohar Rajesh800 Manraj Shiva R.748 Maraj Romilla839 Maraj Sunita924 Maraj Anil1200 Maraj Krishna1399 Maraj Roopnarine1231 Marajh Ronnie P.1265 Marcano Randy M.1479 Marchan Alicia Patrice133 Marshall Philip A. F876 Marshall Trevor1270 Mathura Gerard728 MatthewNigelE.681 Maurice-Bodasse Linda600 Maynard David F.1167 Maynard Marlene1058 Mayrhoo Alisha599 Mc Comie Raphael M.1308 McFarlaneJayselle1356 Mc Fee Brent K.1346 Mc Gill-Alfonso Solange541 Mc Lean Carl A.1041 McLean-RobertsYvonneE.1212 Mc Master Narda1463 Meade- Malcolm Cherry1127 Merritt D’angelo1405 Millett Tisha Oriza1274 Mills Keith A.1002 Ming Hon-Mackenzie Marlene568 Misir Partap998 Mofford-BenjaminElizabeth897 Mohamed Albeadea1342 Mohamed Aliesha1224 Mohamed Melissa957 Mohammed Anthony162 MohammedEsau919 Mohammed Hannah942 Mohammed Nadira805 Mohammed Neil A.


P 43


933 Mohammed Rabia945 Mohammed Rehana1277 Mohammed Anisha 1467 Mohammed Anisa Zarah1267 Mohammed Dolores1132 Mohammed Ian1393 Mohammed Kerry S.1427 Mohammed Myra1341 Mohammed Nadia F.1375 Mohammed Saleem F.1245 Mohammed-Ali Sheriffa1249 Mohan Mahase266 Monteil Louis A.1407 Montrichard Kelly Dale1001 MoorleyEugeneD1445 Mootilal Natasha1116 Mootoo Indra1225 Moreau Nicola R.868 Morgan Susan911 Motilal Rishi1144 Motilal Rennum1124 Mungal Dipnarine 1006 MungalJaginder1119 Mungal Vashtee1321 MungrooAshaE.1235 Mungroo Diane542 Munro Christopher A. B931 Murally Leesa917 Murray Marlene811 Murray-Solomon Susan937 Nackchadie Haridath1128 Nanan Reshma1241 Nanan Subrina1466 Nandlal Reshma146 Nanton Gerald S.1186 Naranjit- Lalla Neasha449 Narayansingh Patricia M.695 Narine Rhea1332 Narinedath-Maharadge Gaitri1397 Narinesingh Mark1424 Neckles Dorian994 Nehorah-Arjoon Dianne1149 Nelson Leslie A.1367 Newallo Kathy-Ann Michelle1215 Nickles Indrani1314 Nirvana Mary Gabriel466 Nobie Alan M. C.871 Noel Franklyn664 Noel Sonia1018 Noel B. Desmond1257 Noel-Nicholas Kathy-Ann951 Oakes Karen869 Ogeerali Harroale1078 Ogeer-Ali Aleema912 OjarJoy1363 Oliver Swaratsingh Denise M.561 OlliverreGeraldJ.1297 Ollivierre N. Mick973 Omadath-Heetai Chanroutie1260 Omar-AliYusra

1276 Omardeen Idrees Z. W.246 Ottley Sharman M.1022 Ottley Dexter A.R.704 Outar Rabindra H846 Pankar Robert1422 Parabdeen Vijay1369 Parag-Singh Vanessa1387 Pardassie Pooran795 Pariag Narinejit1242 Parmanand Neisha S.776 Parmasar Lincoln1360 Parmesar Sandra1359 Parmesar Winston1187 Parris Nigel751 Pascal Anand830 Pasea Christian794 Pashley Charles1474 Paton Zia1139 Pattron Declan1459 Paul Maria652 Persad Carmen1060 Persad Bhawanee1421 Persad Deomatee1223 PersadJudyP1354 Persad Marje1325 Persad Nanda1465 Persad Terry1070 PetersYvetteJ.1090 Pettier Gerhard970 Phillip Preston Wesley1258 Phillip Alicia1408 PhillipJosephSandra1468 PhillipsEdmund1344 Phillips Lorraine Maria1217 Phipps Wanda G.978 Pinder Munesh M467 Pirali Asaf1313 Poliah Tricia232 Pollard Stephen H527 Pollonais Inskip1275 Popal, Malissa1442 Praim Videsh315 Prescod Lennard374 Prevatt Francis T.843 Price Dominic1049 Pujadas, Carla Marina1414 QuashieMarissa1453 Ragbar Indradaye1376 Ragbir Adesh514 RaggayDavidA.E.1103 Raghunandan Koshina905 Ragoonanan Vijai1477 Ragoonanan Davis1197 Ragoonanan Stacey648 Rajack Glen F.1185 Rajaram Malini D.1111 Rajh Arian R.1475 Rajkumar Singh Vishal1208 Rajkumar Vishwani R.596 Rajkumarsingh Paula D.

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926 Rajkumarsingh Rajesh1114 Ram Brian 1016 RamE.Aritha1443 Ramadhar Peter1180 Ramanan Marsha1272 Ramchandani Maya1331 Ramcharan Indar265 RamcharitarJewan1076 Ramcharitar Reisha1050 Ramcharitar,JavidR1104 RamchuneJoanne662 Ramdass Deodath1380 Ramdass Varoon1382 RamdhanieEidiana760 Ramdwar Roger1294 RamdwarE.Angelika1031 Ramesar Patricia777 Rameshwar-Singh Roshini647 Ramgoolie Harinarine822 Ramjit Sandra1221 Ramkhelawan Andy657 Ramkissoon Artma559 Ramkissoon Deoraj680 Ramkissoon Nello R1099 Ramkissoon Rishi930 Ramlakhan Prakash1458 Ramlal Venita1268 Ramlochan Geeta790 Ramlogan Krishnadath1013 Ramnanan S. Ravi947 Ramnarace Tricia850 Ramnarine Ashram1253 Ramnarine Avinash554 Ramoutar Krishendath807 Ramoutar Ravi Anand705 Ramoutar Shoba888 Ramoutar Krishna1100 Rampaul Shalini1134 Rampaul Visham319 Rampersad Ishri H.651 Rampersad Lance D. V.504 RampersadRonaldJ.J.1418 Rampersad Aneisha1155 Rampersad Avinash1023 Rampersad Dean1038 Rampersad Omeela1279 Rampersad Vishaal1096 Rampersad Wendy1046 Rampersad, Dianne1012 RamrattanD.Evans1381 Ramroop Neil1295 Ramsey Colin901 Ramsingh Motilal1129 Ramsingh Khadine Hosein606 RamsubeikErrol1095 Rauceo - Hull Karla

1470 Regobert Indira624 ReidBrendaJ717 Reid-Nothingham Roxane225 Reis Stephanie1175 Reis Robert422 Richardson Patricia I.1061 Richardson Godwyn797 Roach Richard913 Roach Suzanne1142 Roach Stacey R.A.1209 Roberts Tarin M.280 Roberts-JohnJenniferM.1204 Rodriguez-Seijas Dwayne 1384 Rogers Geeta446 Romany Polycarp S.1101 RomanyEddisonJ.935 Romeo Deborah686 RoxburghRogerAJ949 Ruiz Kevin1482 Ruiz-Sargeant Shirlet471 Rutherford Diana1219 Saba Lauren528 Sahadeo Christine392 Sahadeo Ganesh B.1440 Sahadeo Keesha1123 Sahatoo Linda1194 Salandy Andy1334 Salazar P. Taryn793 Samaroo Dave1199 Sambrano Andrew1357 SamlalEstherA.1213 Samms Natasha571 Samodee Prameela D.481 Samodee Prem C.1102 Sampson Geneva1291 Samuel B. Carolyn909 Sandy Christopher706 Sankar Brent439 Sankar Daniel747 Sankar Stewart824 Sanmook Seunarine1425 Saugh Samanta I.505 Saunders Ruth710 Sawh-Rambarran Lilawatee1349 Scarce Sonia534 Scott Lennox582 Scott Warren D.1402 Sebarath Mahadeo1379 Seecharan Chitrani C.308 Seegobin Kesraj1278 Seepaul Gary1126 Seepersad Denva699 Seeraj Kelvin828 Seesahai Pamela674 Seetaram Sandra1366 Seetaramsingh Devika


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1327 Seeterram N. Anil238 Sham Ku Richard P.887 Sharma Chanmatee920 Sieupersad Salisha Ann806 Sieuraj Sieunarine-Rampersad1226 Simmonds-Bourne Ann Marie1441 Simmons Stacy1036 Sinanan Shiva878 Singh Sham1056 Singh Cyndy-Ann1244 Singh Mala1151 Singh Romal1091 Singh Romesh 1350 Singh Roni1039 Singh-Francois Caren616 Sirju Michael1251 Skinner Rocke, Natasha1452 Smart Patricia271 SmithJohnH.497 Solomon Patrick V.981 SonooJetendra476 Soo Ting-Ayoung Susan F.1210 Soobratie Nazreen S.1460 Soodeen Sindy768 Sooknanan Malcolm1476 Sooko Carl572 Sookram Harrinarine1307 Sookram Andre1182 Soom Mitra S.1444 Soondar Angelica307 Soverall Lennox604 St Louis Cyril L.894 St. Clair Anthony818 St. Hilaire Rodger580 Stewart Ainsley1280 Subiah Niegel845 Subryan Robert1389 Subryan Christopher S.832 Sudan Nicholas1216 SuratsinghRaquel745 Sylvester Selwyn St. Bernard1301 Sylvester Carol1003 SymsJacqueline862 Tang-LeeSuYin1173 Taylor Oscar96 Taylor Owen O.546 Taylor-Hanna Andrea B. A.

1461 Telesford Trudie269 Tewari Vishnu C.342 Thomas Martica344 Thomas Nella V.1246 Thomas Anika1298 Thomas Dexter1451 ThomasJoanne1110 ThomasJune1071 Thomas Tabitha1406 Thomas Tricia1309 Thompson Richard1163 Thornhill Daniel1040 Trimm-Bailey Koreene932 Trotman Lois A.904 Trotman Richard963 Troy Toyer860 Tsoi-A-Sue Ken1067 Valley Shirvan G.563 Vire Relna F.189 WaddellJohnE.1317 Waithe-Wells Linda1165 Waldron Carlos483 Walkins Frank H. R.1281 Wallace Lisa M.1336 Wallace-Shanklin Carmela1133 Walter Kendal944 Waterman Alicia823 Watson Gary1136 Welch Sheree 678 Wellington Bryan A1106 WhitemanJason1073 Whittle Mitchell1269 Wilkie Rachelle654 Williams Paula V547 Williams Raphyl K.608 Williams Ricardo1069 Williams Nigel P.1228 Williams Penelope N.1218 Williams Sherwin D.761 Woodcock Nigel906 YearwoodLloyd490 YeeFungEdward293 YeeKen-CrossYuklanM.533 YorkeGerardA.311 YoungFabianP.184 YoungRichardP.

1233 YoungKristalL.

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Members Resident Overseas (MRO) at 31 December 2011

454 Achoy Wilton815 Alfred Marlon1030 Alfred Karyl622 Attong Marcus603 BardenElizabethMonica676 Barrow Gina M158 Brewster Rendell L612 Brown Lennox D.500 ChapmanErrolB.940 Chatergoon Anil696 Chin Amelia635 Chinafat Annie983 Clapham Curtis Kerry615 Cooper Gary C. G.752 DasentJelka1088 De Freitas Tineke A.517 Dyer Russell V.537 Fullerton Robert Victor730 JagmohanIndraine1205 JeffersKristle993 JenningsRicaido199 JosephHenryA.

908 Le Hunte Robert941 Mahabir Gaitri182 Mansoor Michael K921 Maraj-Dookiesingh Tralisa499 Michael Potella583 Nicholas-Camacho Martha558 Oxley Kenneth A.791 RafeeqAtashAfzal1065 Raghunanan Kerwin1020 Ramdass Vidya802 Ramjattan Puran513 Romano Nigel L718 Seereeram Indrani785 Shillingford-StewartEugenia960 SolomonJoseph1034 Sookram D David1322 Spencer Maxayne T.985 SylvesterPearlenaJudith457 Tang Tyrone1248 Walcott-Grappie Daryl977 Willian Petit421 Wilson Lauriston F.

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Members in Retirement (MR) at 31 December 2011134 Aguilera Gaston S.177 Alexis Lennox O. M.475 Ali Hazrath M.62 Alleyne Oswald B.322 Anatol Hazel A.167 Anatol Keith407 AndrewsMichalY353 Andrews St Aubyn H.1027 AquiSelwynS213 Armorer Marilyn A.857 Bada Lylla Rose328 Balroop Nandalal234 BassawDipnarineJ.68 Buxo Paul Anthony169 Castro Hugo I.278 Chang Leslie P.243 Chang Mark C.5 Chang Terrance G.692 Charles Leslie A.214 Chrysostom-Henry Wilma55 Clunis Alwin N.429 Codrington-VincentGenevieveE.709 Darmanie Lennox M.13 DavidEarl361 Doodnath Winston A.14 EdooAmeerA.45 EdooJamila661 ElcockWinstonJ.579 FrederickJuniorM.343 Goon Lun Herbert354 Greaves Cheryl F.92 HarnananLessyE.451 Harnarine Almida C.209 Haynes Osborne K.222 HenryKennethQ.74 Hobday Richard O.

22 HuntJohnM.352 JokhooSeunarine100 JosephLeonardA.236 KelshallChristopherJ.1141 Khan Lloyd587 King Marcia L .295 Krogh Douglas A.210 Lalsingh Herbert S.195 Lewis Carlton S329 Lewis Richard Fitroy270 Lucie-Smith William P.248 Lutchmeesingh Krishna173 MadrayMichaelE.156 Maharaj Baldeo S.32 MartinJohnB.C.79 MathuraBholanJ.135 Mc Lachlan Keith I.459 Mitchell Graham F.260 Mohammed Rashide T.183 Mootoo Kelvin R.291 MorrisJudith249 Omardeen Wahid A.205 Ottley Irwin P.285 Persaud Charles F.393 Poon-MayersLeslyE.463 Rahman Zeyn S.443 Rodriguez Herman C.147 Sadler Christopher S.725 Salandy-Bishop Suzanne526 Sandy Neville O.128 Scott W. H. Pierpont115 Subero Kelvin W.226 Syne Osman H.597 Taitt Anthony D.151 TomYickRupert

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Subert Gilbert, CISA

Subert Gilbert currently serves as General Manager of ICATT.

He is a former Director of Tax Administrator and Assistant Commissioner

of the Inland Revenue Division. He is a Certified Computer Audit Specialist,

a Certified Information Systems Auditor and an Associate member of

theAssociationofCertifiedFraudExaminers.

ICATT Staff 2012

Subert Gilbert, General Manager

Cynthia Lyons, Corporate Secretary

Avion Alves- Rollock, Accountant

Camille Applewhaite, Manager,Education,Students&Members’Relations

Oneika Bushell, Marketing & Corporate Communications Officer

Tricia Mayers- Ashby, Membership/ Training Co-ordinator

Leela Satwar, Administrative Assistant

Kyzier Foster, Accounting Assistant

Gizelle Gittens, Senior Customer Service Representative

Sara Affonso- Smith, Customer Service Representative

Barry Bishop, Customer Service Representative

Ariel Burgin, Acting Customer Service Representative

Ricardo Sullivan, Acting Office Assistant


2nd Floor, Building A

Professional Centre

11-13 Fitzblackman Drive South

Woodbrook

Port-of- Spain

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