Chief accountant comes to island (7)
I believe the answer is:
majorca
'island' is the definition.
(I've seen this before)
'chief accountant' is the wordplay.
'chief' becomes 'major' (I've seen this before).
'accountant' becomes 'ca' (abbreviation for chartered accountant).
'major'+'ca'='MAJORCA'
'comes to' is the link.
(Other definitions for majorca that I've seen before include "Tourist destination" , "Largest of the Balearic Islands" , "Holiday island" , "holiday resort" , "holiday destination ..." .)