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.[1][2] It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation. It has 2,005 members.[3]

The Institute of Chartered Accountants of Bangladesh
AbbreviationICAB
Mottoসত্য, ন্যায়,প্রগতি
Formation1973
TypeNational Professional Accounting Body
Professional title
ACA, FCA
Headquarters100 Kazi Nazrul Islam Avenue
Location
  • 100 Kazi Nazrul Islam Avenue Dhaka-1215, Bangladesh
Region served
Bangladesh
Membership
2,005
Official language
English
President
Mahmudul Hasan Khusru FCA
Vice-President
Sidhartha Barua FCA
Vice-President
Md Abdul Kader Joaddar
Vice-President
Maria Howlader FCA
Main organ
Council
AffiliationsIFAC, IASB, CAPA, SAFA, AOTCA, ICAEW
Websiteicab.org.bd

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.[4][5][6]

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.[7]

Information concerning memberships and contract signing

This organisation is a member of the following institutions:[8]

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.[15]

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


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