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The Bahamas Institute of Chartered Accountants (BICA) is a professional body that regulates the accountancy industry in the Bahamas. [1] In theory anyone approved by the relevant government ministry can act as an independent auditor, but in practice, all auditors are members of BICA.
The Bahamas became an independent Commonwealth realm in 1973, retaining Queen Elizabeth II as its monarch. In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [ 1 ]
A Spanish ordinance of 1561 forbade any merchant ship to enter the Bahamas without an escort. [citation needed] Ownership of the Bahamas passed back and forth between Spain and Great Britain for 150 years. A treaty was established in 1783 by Great Britain. Great Britain ceded East Florida to Spain, receiving the Bahamas in return.
BTC, or the Bahamas Telecommunications Company, is the primary telecommunications provider for the Bahamas, headquartered in Nassau, New Providence. It is partly government owned and offers telephone , internet and wireless services.
The Bahama Banks: Little Bahama Bank in the north, Great Bahama Bank in the south, and Cay Sal Bank in the west; and the Caicos Bank of the Turks and Caicos Islands in the east Map of 1888 showing the banks of the Lucayan Archipelago from Navidad Bank or Bajo Navidad north of the Dominican Republic in Hispaniola to Little Bahama Bank in The Bahamas
Commonwealth of the Bahamas Trade Union Congress is a central trade union federation in The Bahamas. Leadership: President: Obie Ferguson Jr.
City/Town Coordinates Pop. 1990 (census) Pop. 2009 (est.) [1] Island Nassau: 172,196 238,132 New Providence: Freeport: 35,650 47,085 Grand Bahama: West End
The Central Bank was established on 1 June 1974 by The Central Bank of The Bahamas Act. [4] now superseded by the Central Bank of The Bahamas Act, 2000. The new bank's mandate included: the power to promote and maintain monetary stability and credit and balance of payments conditions conducive to the orderly development of the Bahamian economy;