The Institute of Chartered Accountants of Bangladesh
The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body and research institute in Bangladesh.[2][3] It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation. It has 2,005 members.[4]
Abbreviation | ICAB |
---|---|
Formation | 1973 |
Type | National Professional Accounting Body |
Professional title | ACA, FCA |
Headquarters | 100 Kazi Nazrul Islam Avenue Dhaka-1215, Bangladesh |
Region served | Bangladesh |
Membership | 2,086[1] |
Official language | English |
President | Md. Moniruzzaman FCA |
Vice-President | Md. Yasin Miah FCA |
Vice-President | MBM Lutful Hadee FCA |
Vice-President | Md. Johirul Islam |
Main organ | Council |
Affiliations | IFAC, IASB, CAPA, SAFA, AOTCA, ICAEW |
Website | www |
History
It was established under the Bangladesh Chartered Accountant Order 1973 (Presidential Order No. 2 of 1973). The Ministry of Commerce, Government of the People's Republic of Bangladesh is the administrative Ministry of ICAB.[5][6][7]
Regional branches
ICAB has Regional Offices in Dhaka, the capital of Bangladesh and in Chittagong. There are also Chapter Management Committee Offices both in London, UK and Ontario, Canada.[8]
Information concerning memberships and contract signing
This organisation is a member of the following institutions:[9]
- the International Federation of Accountants (IFAC)[10]
- the International Accounting Standards Board (IASB)[11]
- the Confederation of Asian and Pacific Accountants (CAPA)[12]
- the South Asian Federation of Accountants (SAFA)[13][14]
- the Asia Oceania Tax Consultants' Association (AOTCA)[15]
Moreover, this organisation has signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of England and Wales (ICAEW) on 26 October 2010.[16]
References
- "ICAB".
- "Tax camps to boost NBR collections". The Daily Star. 15 September 2017. Retrieved 27 September 2017.
- "ICAB gets new secretary". The Daily Star. 10 May 2017. Retrieved 27 September 2017.
- "Members and firms statistics". ICAB. December 2019.
- "Order under which ICAB established and ICAB's Administrative Ministry)". ICAB. Retrieved 6 November 2014.
- "ICAB awards 24 entities for best financial reporting". The Daily Star. 30 November 2016. Retrieved 27 September 2017.
- "FRC to safeguard common investors, says its chief". The Financial Express. Dhaka. Retrieved 27 September 2017.
- "ICAB – A BRIEF OUTLINE (Regional Offices)". ICAB. Retrieved 6 November 2014.
- "Whom We Work With". ICAB. 1 July 2013. Retrieved 6 November 2014.
- "IFAC Membership". ICAB. Retrieved 6 November 2014.
- "IASB-IFRS Foundation". ICAB. Retrieved 6 November 2014.
- "CAPA Membership". ICAB. Retrieved 6 November 2014.
- "SAFA Membership". ICAB. Retrieved 6 November 2014.
- "Seven BD entities win SAFA awards". The Financial Express. Dhaka. Retrieved 27 September 2017.
- "Members – Asia-Oceania Tax Consultants' Association –". AOTCA. Retrieved 6 November 2014.
- "ICAEW signs MoU with the Institute of Chartered Accountants of Bangladesh". ICAEW. 7 December 2010. Retrieved 6 November 2014.