Institute of Cost and Management Accountants of Bangladesh explained

The Institute of Cost and Management Accountants of Bangladesh
Type:The national body of the professional Cost and Management Accountants of Bangladesh
President:Prof. Dr. Md. Salim Uddin FCMA
Vice-President:Mr. Mahtab Uddin Ahmed FCMA and Mr. Md. Akhtaruzzaman FCMA
Students:30,000
Country:Bangladesh

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.[1] [2] [3]

History

In 1972, the institute was re-established in the name of Bangladesh Institute of Industrial Accountants again. The Government of Bangladesh renamed it as The Institute of Cost and Management Accountants of Bangladesh through promulgation of The Cost and Management Accountants Ordinance 1977 (Ordinance No LIII of 1977).[4]

ICMAB members are known as CMAs with their designatory title ACMA and FCMA. They play leading roles in the accountancy and finance profession in Bangladesh. 30% of members live and work outside of Bangladesh.[5]

International association

ICMAB is a member of the following international accounting bodies:

National and international recognition

The ICMAB qualification is recognised by many professional bodies nationally and internationally. The bodies that have granted exemption to ICMAB members or qualified students are:

Notes and References

  1. http://www.icmab.org.bd/content/view/14/45/ Vision & Mission
  2. News: ICMA admission. 2008-07-28. The Daily Star. en. 2019-08-03.
  3. News: Poor management creates poverty for Bangladesh. 2007-12-14. The Daily Star. en. 2019-08-03.
  4. http://www.icmab.org.bd/ Institute of Cost and Management Accountants official website
  5. Web site: Home.
  6. Web site: Home . capa.com.my.
  7. Web site: Home . esafa.org.
  8. Web site: IASB home . 24 January 2020 . https://web.archive.org/web/19970522055936/http://www.iasb.org/ . 22 May 1997 . dead .
  9. Web site: CIMA Membership. CIMA . 15 October 2015.