Certified Management Accountant

Antigua and Barbuda

Local stock exchange Eastern Caribbean securities exchange

http://www.ecseonline.com/

Rules for listed filings

IFRS required or permitted for listed companies?

Permitted for consolidated and standalone/separate financial statements

Version of IFRS

IFRS as published by the IASB

Are subsidiaries of foreign companies or foreign companies listed on local exchanges subject to different rules?

No

Rules for statutory filings

Is IFRS or IFRS for SMEs required, permitted or prohibited for statutory filings?

IFRS or IFRS for SMEs is permitted for consolidated and standalone/separate financial statements.

Version of IFRS

IFRS or IFRS for SMEs as published by the IASB

In addition to local GAAP statutory financial statements, are there any other regulatory financial statement requirements that permit or require the use of IFRS?

No

IFRS conversion plans

Plans for converging

Not applicable. IFRS has been adopted by the Institute of Chartered Accountants of the Eastern Caribbean as local GAAP.

Other useful websites

The Institute of Chartered Accountants of the Eastern Caribbean

http://www.icaecab.org/

Tax information

Type of tax regime

Quasi-dependent. Taxable profit is principally based on the legal entity statutory accounts, with a number of adjustments provided in the tax law.

Plans for IFRS converging as the basis of tax reporting

Not applicable

Barbados

Local stock exchange

Barbados Stock Exchange

Rules for listed filings

IFRS required or permitted for listed companies?

Required for consolidated and standalone/separate financial statements

Version of IFRS

IFRS as published by the IASB

Are subsidiaries of foreign companies or foreign companies listed on local exchanges subject to different rules?

No

Rules for statutory filings

Is IFRS or IFRS...