The organization has about 5 members.Institute of Chartered Accountants of BangladeshInstitute of Chartered Accountants of BangladeshIn shortICABConsist of2.Type:Professional organizationPurposeLead to the improvement, prosperity and coordination of accounting professionHeadquartersCA Building, 3 Kazi Nazrul Islam AvenueLocationDhaka-1221Works in that areaBangladeshMembershipThis organization was established in accordance with the Bangladesh Chartered Accountants Ordinance (Second Presidents Ordinance 1) passed in the 5th. It is the only institution in Bangladesh that has the authority to award the title of Certified Accountant. The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Association of Professional Accountants in Bangladesh. for the purpose of regulating the profession of accountants and for matters connected therewith.Administrative Ministry :The Ministry of Commerce, Government of the Peoples Republic of Bangladesh is the Administrative Ministry of The Institute of Chartered Accountants of Bangladesh (ICAB).Vision :ICAB members hold a widely respected professional accounting qualification which supports enterprise, corporate governance and sustainable growth in the business environment.Mission :To promote and regulate high quality financial reporting and auditing in BangladeshTo develop and maintain the competence of professional accountants andTo enhance the reputation of the accounting profession in all sectors of the economyValues :Integrity To uphold the highest professional integrity and ethical standardsExpertise To conduct professional responsibilities with a high level of knowledge, competency and skill.Transparency To conduct activities in a clear and transparent way.Accountability ICAB members to be responsible for their actions.Strategic Goals :Increase number of members, students and financial strengthAlign with members careersEnhance ICABs image within the country and internationallyFurther enhance the reputation for professionalism and high standards of integrity.Ensure compliance with requirements of IFAC (International Federation of Accountants) membership. "Their professionalism will ultimately provide long-term benefit to the economy," he hoped.Order under which ICAB established :The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body in Bangladesh, established under the Bangladesh Chartered Accountants Order, 1973 (Presidents Order No. He said that CAs have a moral obligation to utilize their knowledge for ensuring better financial eco-system of the country. Shahadat Hossain said that chartered accountants would play a pioneer role in the compliance of ethical standards. The newly qualified members of ICAB will definitely bring a significant change to the economy," he said. "ICAB is working relentlessly to attract the qualified students to pursue CA education. Speaking on the occasion, the Commerce Minister said that Bangladesh requires at least 12,000 CAs to bring good governance in trade, commerce and industry whereas the country has only 2,000 CAs. ICAB vice president NKA Mobin delivered the closing remarks.ĭignitaries from the government offices, ICAB council members and former presidents were also present on the occasion. Humayun Kabir gave a speech on conferment of CA certificates. Shahadat Hossain delivered the address of welcome while former president and council member Md. Sadequl Arefin, vice chancellor, University of Barishal spoke on the occasion as the convocation speaker. Shamsul Alam was present on the occasion as the special guest. DHAKA, (BSS) - A total of 505 newly qualified chartered accountants have received CA certificates at the 21st Convocation of the Institute of Chartered Accountants of Bangladesh (ICAB) held yesterday at a hotel in the capital.Ĭommerce Minister Tipu Munshi handed over the certificates to the qualified chartered accountants at the function as the chief guest while State Minister for Planning Dr.
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