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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. It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation. It has 2,005 members. 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. 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. Information concerning memberships and contract signing This organisation is a member of the following institutions: * the International Federation of Accountants (IFAC) * the International Accounting Standards Board (IASB) * the Confederation of Asian and Pacific Accountants (CA ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ...
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Professional Accountancy Body
A professional accounting body is an organization or association of accountants in a particular jurisdiction. Usually a person needs to be a member of such professional body to hold out to the public of the jurisdiction as an accountant. The designations for qualified accountants vary from jurisdiction to jurisdiction, such as Cost and Management Accountant (CMA), Chartered Accountant (CA/ACA), Chartered Certified Accountant (CCA), Chartered Professional Accountant (CPA), Certified Public Accountant (CPA), Certified Practising Accountant (CPA), Chartered Management Accountant (ACMA), Certified Management Accountant (CMA), or Chartered Public Finance Accountant (CPFA). Some countries have a single professional accounting body (e.g. Brazil) while others have several. If there is more than one body, such bodies may or may not compete with each other; in some countries, professional accounting bodies are divided according to their field of activity. For example, India has two p ...
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International Federation Of Accountants
The International Federation of Accountants (IFAC) is the global advocacy organization for the accountancy profession; mainly for the financial accounting and auditing professions. Founded in 1977, IFAC has more than 175 members and associates in more than 130 countries and jurisdictions, representing more than 3 million accountants employed in public practice, industry and commerce, government, and academia. The organization supports the development, adoption, and implementation of international standards for accounting education, ethics, and the public sector as well as audit and assurance. It supports four independent standard-setting boards, which establish international standards on ethics, auditing and assurance, accounting education, and public sector accounting. It also issues guidance to encourage high-quality performance by professional accountants in small and medium business accounting practices. To ensure the activities of IFAC and the independent standard-setting ...
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International Accounting Standards Board
The International Accounting Standards Board (IASB) is the independent accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee (IASC). It is responsible for developing International Financial Reporting Standards (IFRS) and for promoting their use and application."About the IASB"
IFRS Foundation, 2018.


Background and semantics

The (IASC) had been established in 1973 and had issued a number of standards known as International Accounting Standards (IAS). As t ...
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Confederation Of Asian And Pacific Accountants
The Confederation of Asian and Pacific Accountants (CAPA) is a regional organization representing 33 national professional accountancy organizations (PAOs) operating in Asia and the Pacific. These PAOs, referred to as CAPA’s members, represent close to 2 million accountants across the region. History Governor Gregorio S. Licaros, President of the Philippine Institute of Certified Public Accountants, came up with the idea for the CAPA. The first Far East Conference of Accountants was held between November 28 and December 1 of 1957 in Manila, Philippines. The event, said to be the forerunner of CAPA, "created history in the accountancy world as it became the base for various professional accounting bodies in the Far East to confer every few years to discuss and exchange information." Fourteen countries sent delegates to the first event. Of these fourteen, twelve would go on to be considered the founding members of CAPA. # Australia # Hong Kong # India # Indonesia # Japan # K ...
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South Asian Federation Of Accountants
The South Asian Federation of Accountants (SAFA) is a forum of professional accounting bodies in the South Asian Association of Regional Cooperation (SAARC) region of eight nations. It works in the public interest and towards broad economic development of the region in part through promoting harmonization of accounting standards and practices. It was founded in 1984. The strategy of the organization is not to create new standards, but rather to promote harmonization by building common knowledge and adoption of International Accounting Standards (IAS, which accommodates regional/national variations). Former presidents of the SAFA include Jamal Uddin Ahmad. References International accounting organizations Accountants An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certifi ...
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Asia Oceania Tax Consultants' Association
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, a ...
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List Of Accounting Firms In Bangladesh
This list represents accounting firms of Bangladesh. In Bangladesh, there are many accounting firms. People of Bangladesh call accounting firm generally as "CA firm" or "audit firm". Origin of accounting firm in Bangladesh starts from 1972 but it has roots in Pakistan, or even in British period. In that time there were some accountant firm. In present there are many accounting firms in Bangladesh. List of accounting firms * Islam Quazi Shafique & Co. (Established in 1998) * A. Qasem & Co. (Established in 1953, Known as ECOVIS Bangladesh) * A. Wahab & Co. (Established in 1968) * ACNABIN Chartered Accountants (Established in 1985) * G Kibria & co. (Established in 1983) * Hoda Vasi Chowdhury & Co. (Established in 1963, Successor firm of A. F. Ferguson & Co. and former correspondent firm to Deloitte Touche & Tohmatsu up to 2013) * Howladar Yunus & Co. (Established in 1970, Known as Grant Thornton Bangladesh) * Hussain Farhad & Co. (Established in 1997) * Islam Aftab Kamrul ...
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Accounting In Bangladesh
In Bangladesh, the profession of accountancy was developed during the British colonial period. The basic requirements for financial reporting by all companies in Bangladesh were provided by the Companies Act of 1994. Today, it is represented by two professional bodies, the Institute of Cost & Management Accountants of Bangladesh (ICMAB) and the Institute of Chartered Accountants of Bangladesh (ICAB). Chartered Accountants completed their trainings by practicing in firms that specialize in financial accounting, financial audit and tax. CMAs receive particular training in cost audit, management audit, and management accounting, as well as general accounting and taxation. Both the ICMAB and ICAB are under the administrative control of the Ministry of Commerce. The Government of Bangladesh considers both types of professional accountants equal with respect to employment in government services as per circular No.Com/PTMA/AP/2/19/87. The Generally Accepted Accounting Principles (GAAP) in ...
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1973 Establishments In Bangladesh
Events January * January 1 - The United Kingdom, the Republic of Ireland and Denmark 1973 enlargement of the European Communities, enter the European Economic Community, which later becomes the European Union. * January 15 – Vietnam War: Citing progress in peace negotiations, U.S. President Richard Nixon announces the suspension of offensive action in North Vietnam. * January 17 – Ferdinand Marcos becomes President for Life of the Philippines. * January 20 – Richard Nixon is Second inauguration of Richard Nixon, sworn in for a second term as President of the United States. Nixon is the only person to have been sworn in twice as President (First inauguration of Richard Nixon, 1969, Second inauguration of Richard Nixon, 1973) and Vice President of the United States (First inauguration of Dwight D. Eisenhower, 1953, Second inauguration of Dwight D. Eisenhower, 1957). * January 22 ** George Foreman defeats Joe Frazier to win the heavyweight world boxing championship. ** A ...
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