Institute of Chartered Accountants of Bangladesh

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The Institute of Chartered Accountants of Bangladesh
File:Institute of Chartered Accountants of Bangladesh Logo.jpg
Abbreviation ICAB
Formation 1973
Type National Professional Accounting Body
Professional title
 ACA,FCA
Headquarters 100 Kazi Nazrul Islam Avenue
Location
  • Dhaka-1215
Region served
 Bangladesh Bangladesh
Membership
 1,416 (2013)
Official language
 English
President
 Masih Malik Chowdhury FCA[1]
Vice President (T&R)
 Kamrul Abedin FCA
Vice President (E&T)
 A F Nesaruddin FCA
Vice President (F&A)
 Nasim Anwar FCA
Main organ
 Council
Affiliations IFAC, IASB, CAPA, SAFA, AOTCA
Slogan Truth Justice Advancement
Website www.icab.org.bd

The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body in Bangladesh. It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation. It has around 1,400 members.[2]

Establishment and administrative ministry

It was established under the Bangladesh Chartered Accountants 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.[3]

Purpose

The mission of the ICAB is to provide leadership in the development, enhancement and coordination of the accountancy profession in Bangladesh in order to enable the profession to provide services of consistently high quality in the public interest.[4]

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.[5]

Information concerning memberships and contract signing

This organization is a member of the following institutions:[6]

Moreover, this organization has signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of England and Wales (ICAEW) on October 26, 2010.[12]

ICAB Publications

  • Members Hand-book on Bangladesh Chartered Accountants Order 1973 & The Institute of Chartered Accountants of Bangladesh Bye-laws 2004 and Council Directives/Decisions
  • Annual Council Report and Annual Audited Financial Statements as at 30th June every year
  • Annual List of Members & CA Firms as of 1st July every year
  • The Bangladesh Accountant (Quarterly Journal)
  • News-Bulletin (Monthly News Letter)
  • Students' Guide (Information booklet) - Fees Schedule (Effective from 01 July 2004)
  • Students' Study Manuals on various subjects
  • Students' Suggested Answers Booklets on past exam. Questions on various subject
  • Bangladesh Accounting Standards (BASs) and Bangladesh Financial Reporting Standards (BFRSs) Volume -I (BAS 1 - BAS 25)
  • Bangladesh Accounting Standards (BASs) and Bangladesh Financial Reporting Standards (BFRSs) Volume -II (BAS 26 - BAS 41 and BFRS 2 - BFRS 6)
  • BSQC1 & Quality Assurance Requirements
  • Audit Practice Manual
  • Manuals and Technical guides on various professional and technical subjects

References

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External links


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