Institute of Chartered Accountants of Bangladesh

Institute of Chartered Accountants of Bangladesh
Abbreviation ICAB
Formation 1973
Type Professional Association and Regulatory Body
Professional title
 Chartered Accountant
Headquarters 100 Kazi Nazrul Islam Avenue
Location
  • Dhaka-1215
Region served
 Bangladesh Bangladesh
Membership
 1,416 (2013)
Official language
 English
President
 Showkat Hossain[1]
Vice President (T&R)
 Dewan Nurul Islam
Vice President (E&T)
 Kamrul Abedin
Vice President (F&A)
 Nasim Anwar
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 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 the ICAB.[3]

Purposes

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 Chittagong. There 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 26th, 2010.[12]

References

  1. ↑ "President and Vice-presidents". ICAB. Retrieved 6 November 2014.
  2. ↑ "Members and firms statistics". ICAB. 1 July 2013. Retrieved 30 December 2013.
  3. ↑ "Order under which ICAB established and ICAB's Administrative Ministry)". ICAB. Retrieved 6 November 2014.
  4. ↑ "ICAB's Mission Statement". ICAB. Retrieved 6 November 2014.
  5. ↑ "ICAB - A BRIEF OUTLINE (Regional Offices)". ICAB. Retrieved 6 November 2014.
  6. ↑ "Whom We Work With". ICAB. 1 July 2013. Retrieved 6 November 2014.
  7. ↑ "IFAC Membership". ICAB. Retrieved 6 November 2014.
  8. ↑ "IASB-IFRS Foundation". ICAB. Retrieved 6 November 2014.
  9. ↑ "CAPA Membership". ICAB. Retrieved 6 November 2014.
  10. ↑ "SAFA Membership". ICAB. Retrieved 6 November 2014.
  11. ↑ "Members – Asia-Oceania Tax Consultants' Association -". AOTCA. Retrieved 6 November 2014.
  12. ↑ "ICAEW signs MoU with the Institute of Chartered Accountants of Bangladesh". ICAEW. 7 December 2010. Retrieved 6 November 2014.

External links