The Institute of Chartered Accountants of Bangladesh explained

Formation:	1973
Type:	National Professional Accounting Body
Professional Title:	ACA, FCA
Headquarters:	100 Kazi Nazrul Islam Avenue Dhaka-1215, Bangladesh
Language:	English
Leader Title:	President
Leader Name:	Mohammed Forkan Uddin FCA
Leader Title2:	Vice-President
Leader Name2:	MBM Lutful Hadee FCA
Leader Title3:	Vice-President
Leader Name3:	Maria Howlader FCA
Leader Title4:	Vice-President
Leader Name4:	Md. Johirul Islam FCA
Main Organ:	Council - ICAB
Affiliations:	IFAC, IASB, CAPA, SAFA, AOTCA, ICAEW
The Institute of Chartered Accountants of Bangladesh
Abbreviation:	ICAB
Region Served:	Bangladesh
Membership:	1898^[1]

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]

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, Rajshahi, Rangpur, Khulna, Barishal, Sylhet, Mymensingh. 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]

See also

• List of accounting firms in Bangladesh

Notes and References

1. Web site: ICAB .
2. News: Tax camps to boost NBR collections. 2017-09-15. The Daily Star. 2017-09-27. en.
3. News: ICAB gets new secretary. 2017-05-10. The Daily Star. 2017-09-27. en.
4. Web site: Members and firms statistics. December 2019. ICAB.
5. Web site: Order under which ICAB established and ICAB's Administrative Ministry). ICAB. 6 November 2014.
6. News: ICAB awards 24 entities for best financial reporting. 2016-11-30. The Daily Star. 2017-09-27. en.
7. News: FRC to safeguard common investors, says its chief . The Financial Express . Dhaka . 2017-09-27.
8. Web site: ICAB – A BRIEF OUTLINE (Regional Offices). ICAB. 6 November 2014.
9. Web site: Whom We Work With. ICAB. 6 November 2014. 1 July 2013.
10. Web site: IFAC Membership. ICAB. 6 November 2014.
11. Web site: IASB-IFRS Foundation. ICAB. 6 November 2014.
12. Web site: CAPA Membership. ICAB. 6 November 2014.
13. Web site: SAFA Membership. ICAB. 6 November 2014.
14. News: Seven BD entities win SAFA awards . The Financial Express . Dhaka . 2017-09-27.
15. Web site: Members – Asia-Oceania Tax Consultants' Association – . AOTCA. 6 November 2014.
16. Web site: ICAEW signs MoU with the Institute of Chartered Accountants of Bangladesh. ICAEW. 6 November 2014. 7 December 2010.