- National professional body: The Bahamas Institute of Chartered Accountants
- Response to IFAC Member Body Survey on Standard Setting and Regulation
- World Bank ROSC Accounting and Auditing Report (review currently underway)
Financial Reporting Framework in Bahamas
All companies listed on the Bahamas International Securities Exchange are required to prepare annual and quarterly financial statements in conformity with IFRSs.
The Council of the Bahamas Institute of Chartered Accountants (the regulatory body for the accounting profession in the Bahamas) has adopted the IFRS for SMEs as an option for all companies in Bahamas that do not have public accountability. Alternatively, the companies may choose to use full IFRSs.