Find Accountancy, Audit and Tax expertise in Guyana

Overview

There are several accountancy firms operating in Guyana, mainly based in the capital, Georgetown. International firms, mainly Deloitte and PriceWaterhouseCoopers, offer consultancy services relating to financial reporting and tax. Financial reports must be filed annually with the Registrar of Companies in accordance with the 1995 Companies Act. Additionally, the country has adopted International Financial Reporting Standards (IFRS) as standards for financial reporting, as of 1998. In 2010 the council of the Institute of Chartered Accountants of Guyana approved the adoption of IFRS for small and medium-sized entities (SEMs), moving it into stage four of the IFRS adoption process. In the World Economic Forum’s Global Competitiveness Report (2012-13) Guyana placed 97th in the world (out of 144 countries) in relation to the strength of its auditing and reporting standards, with a value of 4.2 out of 7. This found it below the world mean of 4.6, but in an average regional position, two above Venezuela and just below Nicaragua. In the 2011 World Bank’s Ease of Doing Business Index the country ranked 138th in the world (out of 183), far below some regional counterparts, such as Belize at 29th, but above neighbouring Suriname (157th) and Venezuela (161st).

Accountancy, Audit and Tax organisations in Guyana
Bob Dhoray
Cacique Inc. Finance and Management Developers
Chris Accounting Services
Clement Denobrega & Co
D & J Shipping Services
Guyana National Shipping Corporation Limited
PriceWaterhouseCoopers
Simgh Mr Narendra