• National Professional Accountancy Organisation Website: Institute of Chartered Accountants of Belize

Update for August 2005

IFRSs Are Permitted for All Companies in Belize

Belize does not have a domestic stock exchange. The Institute of Chartered Accountants of Belize allows all domestic companies to use IFRSs as the basis for preparing their financial statements, or they may choose other internationally accepted standards (particularly US GAAP or Canadian GAAP).