This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Bahamas

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.