Home Accountant Bill makes it easier for accountants to sign up – FBC News

Bill makes it easier for accountants to sign up – FBC News

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A new bill has been introduced in parliament to allow more Fijians to register as public accountants.

The Fijian Institute of Chartered Accountants Bill will introduce new categories for registering people who provide services.

Attorney General Aiyaz Sayed-Khaiyum says current laws regarding service providers are too restrictive.

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“More people will be able to practice the accounting profession and would then be able to provide more services to remote regions, be it Korovou, Taveuni, Sigatoka, Tavua, Rakiraki, Rotuma or Kadavu. Right now there is a huge oligarchic situation, you only have the big four or five (companies) that can do it all.

Under the bill, enrollment will be based on qualifications that match current membership categories, which include chartered accountants, chartered accountants in private practice, restricted firms, associate accounts and technicians. accountants.

The bill has been referred to the Standing Committee on Justice, Law and Human Rights which is due to report to Parliament at the next sitting.

Then the House will debate and vote on the bill.

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