The Cayman Islands Institute of Professional Accountants hosts an official launch event for its Accountants in Business committee.

Aimed at engaging and supporting CIIPA members working outside of audit, the committee was formed late last year and is chaired by Steve McIntosh. Mr. McIntosh, himself a CA and former audit professional, is Founder and CEO of recruitment agency, CML, “Accountants play a vital role in all organisations from governance and business reporting to risk management and sustainability.”

The International Federation of Accountants (IFAC) reports that globally 1.5 million of the 2.8 million professional accountants work in business, education, and the public and not-for-profit sectors. The Cayman Islands reflects that trend with more than half of CIIPA’s membership working in various industries ranging from fund management to tourism.

CIIPA CEO Sheree Ebanks points out, “It’s important for CIIPA to bring these professionals together as a collective where they can participate in consultations and have a voice on issues that impact the work they are doing and the sustainability of the country as a whole.”

In addition to increasing awareness of the value added professional accountants bring to the table, the committee is also looking at ways to support professional development and ensure a high level of competence across industries.

The committee is made up of a number of professionals representing small business, banking, fund management, real estate, and reinsurance. To learn more about this committee or CIIPA, contact the CIIPA office on 749-3360.