“What does that mean for you as accounting students? It means that you need to be agile, flexible and resilient.
Change may come when you least expect it and change may be rapid. What is certain, however, is that there will always be change. “Given the uncertainty surrounding the COVID-19 pandemic, it is difficult to predict what will happen next. So whilst the profession was already on a journey of change and adapting to technological advances, COVID-19 accelerated the rate of transformation. She added, “Little did I know that these statements would be put to the test four months later with the outbreak of COVID-19, that changed our lives overnight, especially our interactions with each other. The profession, she maintained, must continue to lead in times of change and be more innovative in the delivery of its services.
She also indicated then, that just as the world is changing, the profession must also adapt to meet the current times and to anticipate future needs. McCollin started off her remarks by making reference to last year’s conference, where she discussed the future of the accounting profession in Barbados and the need for accountants to evolve in order to remain relevant. It was held as part of ICAB’s Accountants Week 2020, under the general theme, “Embracing Disruption: Building Resilience”. This was the advice President of the Institute of Chartered Accountants of Barbados (ICAB), Lydia McCollin, delivered to upcoming young accountants gathered virtually for the 5th Annual Students’ Conference, held recently under the theme “The Accounting Profession Post COVID-19”.
She was a member of the Partners Advisory Group for the establishment of the inaugural Deloitte Americas Senior Managers School (SMS) and is part of the original faculty of the SMS.You may not be able to control external events, however, you can control how you respond to change. She currently sits as a member of the Board of Directors of DCB Holdings Ltd, the entity which has oversight of Deloitte offices in the Caribbean and Bermuda (CBC) countries (Bahamas, Barbados, Bermuda, BVI, Cayman Islands and Trinidad & Tobago). In addition to her role as Managing Partner, she led the firm’s audit practice but relinquished this role in September 2014. She is Deloitte’s first female Managing Partner within its Caribbean and Bermuda Cluster (CBC) and has been a partner with Deloitte in Barbados since it was created in December 2004. Brathwaite is the Managing Partner with Deloitte & Touche, Barbados. Institute of Chartered Accountants of Barbados Room 29, Hastings Plaza, Hastings PO Box 168W, Worthing, Christ Church, Barbados, BB15000 : Tel: 1 (246) 429-5678 Email: adminicab. She has served as the Association of Certified Chartered Accountants (ACCA) International Assembly representative for Barbados and is also a former Vice-President of the Barbados Coalition of Service Industries. Brathwaite continues to serve as a Member of the ICAB Council. Discussions in this regard was advanced under leadership.Ī past President of the Institute of Chartered Accountants of Barbados (ICAB), Ms.
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Her vision was to see the ICAC become a full institution within CARICOM with clear authority enshrined in the legal framework of CARICOM, and with all the benefits associated with a CARICOM organization.
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She also chaired the Institute’s sub-committee appointed to formulate a Reciprocity Agreement to facilitate the free movement of accountancy professionals within region.Īs president of ICAC she was committed to advancing the goals of the ICAC and strengthening its role as a regional body. Prior to being elected President in 2011, she served as chair of the ICAC’s Membership Committee and the Task Force with responsibility for the review and amendment of the ICAC’s Articles of Association. Joan (Betty) Brathwaite has played a key role in the development of the accountancy profession regionally since she was first appointed to the ICAC Board in June 2001. Institute of Chartered Accountants of the Caribbean
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