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CLINTON LINDSAY » Entries tagged with "Dennis Chung"

MORE LOCAL COMPANIES TO ADOPT THE U.S. DOLLAR AS FUNCTIONAL CURRENCY, SO SAYS THE INSTITUTE OF CHARTERED ACCOUNTANTS OF JAMAICA!

MORE LOCAL COMPANIES TO ADOPT THE U.S. DOLLAR AS FUNCTIONAL CURRENCY, SO SAYS THE INSTITUTE OF CHARTERED ACCOUNTANTS OF JAMAICA!

CHUNG… The economy is moving more towards exports—-EXPECT more local companies to adopt US dollars as a functional currency, reasoned the oversight accountant body, Institute of Chartered Accountants of Jamaica (ICAJ). A growing number of businesses and services are for the first time quoting in US dollars, including used car dealership and even wedding make-up artists. The accountants therefore expect a shift with more financials reflecting US dollars especially in the export sector. “The economy is moving more … Read entire article »

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