News and Insights

By Denzil Whyte, PhD, FCA, MSc, BSc Managing Partner of Signature Creed & Associates A message to the driver That analogy captures the concern many Jamaicans now feel following the Government’s recent announcement of new tax measures aimed at financing recovery after Hurricane Melissa. The Government argues that the country faces unprecedented fiscal pressure after damages estimated at over J$1.4 trillion, and that additional revenue is necessary to maintain public services a

By Touwayne Terrelonge MBA, BSc. In an increasingly interconnected global economy, the effects of global crises extend far beyond their origin, impacting businesses at every level. The 2008 financial crisis, the COVID-19 pandemic, and the war in Ukraine each demonstrated how disturbances in one region can rapidly cascade across borders, reshaping markets, supply networks, and consumer behavior within weeks. Local businesses, particularly small and medium-sized enterprises (SM

by Tanesha Clue Tax Manager, Signature Creed & Associates Let’s be honest, many of us hold back at work because we fear sounding “silly,” asking the wrong question, or making the wrong comment. But here’s a truth worth embracing: You are only “stuck” for as long as you choose not to ask or say what’s on your mind. Growth begins the moment you speak. Your Voice Is a Tool for Value When you contribute, two powerful things happen: You add value by helping refine ideas, strengthe

By Kevon McIntosh, FCA, CPA | Partner, Signature Creed & Associates Every business, at some point, faces a moment where the way it has been operating can no longer sustain the direction it needs to go. Revenue has contracted. Debt obligations have outpaced cash generation. The cost structure no longer reflects the reality of the market. Or the business has grown — and the systems, processes, and financial architecture built for a smaller operation are now a constraint on what

by Tanesha Clue, Tax Manager, Signature Creed & Associates Tax Administration Jamaica (TAJ) is responsible for collecting taxes and carrying out audits and assessments. Jamaica uses a self-assessment system, which means taxpayers file their own returns and TAJ can review or audit them later. TAJ has made efforts to modernize and improve services over the years and has added more online tools and customer support options. However, even with these improvements, many taxpayers c

By Kevon McIntosh, FCA, CPA (US) Assurance & Advisory Partner, Signature Creed & Associates I recently had the opportunity to sit on a panel at the ICAJ IFRS Workshop where we discussed AI’s use in auditing and accounting. While the session focused on practical applications of artificial intelligence in areas such as audit analytics, transaction testing, and financial reporting, one broader question lingered long after the panel ended: what does the role of the accountant act

By Aneika Gunning, Lead Cybersecurity Consultant, MSC For years, cybersecurity relied on the idea that using both a password and a code protected our assets. But as we enter 2026, that assumption is under serious strain. The real threat isn't expert hackers breaking in, it's insiders, colleagues granting access, undermining defenses from within. Public Reporting suggests that a new threat is transforming attacks: the Scattered Lapsus$ Hunters (SLH). This isn't merely hackers

Hurricane Melissa’s landfall on Jamaica on October 28, 2025 marked the most powerful storm in the island’s recorded history. With sustained winds of 185 mph, it left behind destroyed homes, damaged hotels and factories, compromised infrastructure, and businesses struggling to reopen. Alongside the human and operational impact, companies now face another critical task: telling a truthful, clear and compliant financial story under IFRS post-disaster reporting requirements.

Following the significant disruption caused by Hurricane Melissa across Jamaica, the Department of Co-operatives and Friendly Societies, Charities Authority (DCFS) has activated a Special Registration process for Registered Charitable Organisations (RCO). This temporary measure is designed to strengthen national relief and recovery efforts by enabling eligible groups to operate quickly and in alignment with the country’s emergency response framework.

How a Mismatch Between Tax Law and Accounting Standards Is Quietly Undermining Jamaica’s Construction Boom

In business, there’s a fundamental difference between making money and building wealth. Income can make you a living, but assets –...

FOR IMMEDIATE RELEASE June 16, 2025 Signature Creed & Associates Partners with InScrivere Technologies to Launch Integrated Risk...

Introduction In a major tax ruling with significant implications for multinational corporate structuring, the Judicial Committee of the...

Access to financing continues to be one of the most persistent and formidable challenges for businesses, especially in emerging markets...

March 20, 2024, the Prime Minister (the PM), the Honourable Dr. Andrew Holness, made his contribution to the National Budget Debate....

Highlights of the Main Tax Measures The government has introduced five major tax changes: Reduced Withholding Tax – Lowered the default...

As businesses finalize their financial statements for the fiscal year ending December 31, 2024, they must consider the latest updates to...

Running a small or medium-sized enterprise (SME) can be both exciting and daunting. Entrepreneurs often start with a passion for their...

In the dynamic world of entrepreneurship, entrepreneurs are known for their boldness and innovative spirit. They are often driven by a...

The roles of an entrepreneur and an employee are often seen as distinct, but they share more in common than meets the eye. While...