No other country has audited FS as part of the requirements. What's happening is Government does not trust the figures given to them, but does not want to have the expense of having their own audit team, so they are passing that cost onto every business over $5 million, which in turn will be passed onto every customer of theirs (which will be pretty much everyone). Next year the PM will be saying how greedy the merchants are whilst knowing Government is the cause of most of the increases.

I know it won't be $500 million, however he has just given the contractor carte blanche to increase their price with no recourse.

Why did the plane have to finish operations before sunset? It's last flight was to Nassau which has lights, so that can't be the reason why. We will most likely find out the plane was needed for some crony, so to hell with the people who actually paid to fly.

wow less then 4 months before it occurs and they don't know the cost. Thats incredible, and shows how decisions are made without regard to the cost. What will he say if it ends up costing $500 million (of course it won't, i hope).

Anyone who has been involved in an audit knows this will not work. Not a single SOE will have audits done in time so they will have to be exempt, which means all companies should be I assume this business community has decided that come June Government will have no choice but to extend or get rid of this, or they can fine all those companies who have not done it in time and see if any close.

This comes up every year. Then there is some hand wringing and then no changes. nothing will happen, just be prepared to read that next year it is 35%

As long as Bahamians have to pay for the building that is being used they can be as Judgmental as they like.

This government is very good at being disappointed things haven't happened, which they are in full control of. The DPM is the 2nd most powerful person in the country, so he can easily get that school built if he was really concerned.

Yes lets get rid of everything related to the colonial period. Change the names of most settlements and islands, and tear down the buildings. In fact taken to its end, seeing as nearly every person born in Bahamas (black and white) is because of the Colonial period, then they too must be gotten rid of. Their parents, or their parents parents would never had met if they had never come to The Bahamas, by whatever way. I am being facetious, but the idea proposed is basically saying get rid of a major part of this nations history and only leave it with the last 50 years, which is ludicrous.

No you don't need to. Just continue to pay more and more of your income to Government and sit small.