ICab

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The Institute of Chartered Accountants of Bangladesh
AbbreviationICAB
Formation1973
TypeNational Professional Accounting Body
ACA, FCA
Headquarters100 Kazi Nazrul Islam Avenue
Dhaka-1215, Bangladesh
Region served
Bangladesh
2,086[1]
Official language
English
Mahmudul Hasan Khusru FCA
Vice-President
Sidhartha Barua FCA
Md Abdul Kader Joaddar
Vice-President
Maria Howlader FCA
Council
AffiliationsIFAC, IASB, CAPA, SAFA, AOTCA, ICAEW
Websitewww.icab.org.bd

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[edit]

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]

ICAB MEMBERSHIP DIRECTORY You can search a member by First Name, Last Name or both First and Last Names. If you do not select either then you will get a full listing of active members of ICAB. ICab Mobile is a web browser for the iOS. Image reducer jpeg. It provides many unique and useful features you won't find in other iPhone browsers.

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Regional branches[edit]

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.[8]

Information concerning memberships and contract signing[edit]

This organisation is a member of the following institutions:[9]

Web
  • 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]

References[edit]

  1. ^https://www.icab.org.bd/icabweb/webCouncil/mList
  2. ^'Tax camps to boost NBR collections'. The Daily Star. 15 September 2017. Retrieved 27 September 2017.
  3. ^'ICAB gets new secretary'. The Daily Star. 10 May 2017. Retrieved 27 September 2017.
  4. ^'Members and firms statistics'. ICAB. December 2019.
  5. ^'Order under which ICAB established and ICAB's Administrative Ministry)'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  6. ^'ICAB awards 24 entities for best financial reporting'. The Daily Star. 30 November 2016. Retrieved 27 September 2017.
  7. ^'FRC to safeguard common investors, says its chief'. The Financial Express. Dhaka. Retrieved 27 September 2017.
  8. ^'ICAB – A BRIEF OUTLINE (Regional Offices)'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  9. ^'Whom We Work With'. ICAB. 1 July 2013. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  10. ^'IFAC Membership'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  11. ^'IASB-IFRS Foundation'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  12. ^'CAPA Membership'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  13. ^'SAFA Membership'. ICAB. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  14. ^'Seven BD entities win SAFA awards'. The Financial Express. Dhaka. Retrieved 27 September 2017.
  15. ^'Members – Asia-Oceania Tax Consultants' Association –'. AOTCA. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)
  16. ^'ICAEW signs MoU with the Institute of Chartered Accountants of Bangladesh'. ICAEW. 7 December 2010. Retrieved 6 November 2014.CS1 maint: discouraged parameter (link)

External links[edit]


Retrieved from 'https://en.wikipedia.org/w/index.php?title=The_Institute_of_Chartered_Accountants_of_Bangladesh&oldid=1017108822'

Icab Web Browser

Top 5 Questions About I-CAB

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Who should participate?

Participation can include all levels of personnel within an organization but I-CAB focuses on the leadership of organizations as they are who determines the work scope, establish work practices/procedures, select equipment, determine training content and scope and thus have the greatest impact of the safe completion of work even though they may not hold a tool or operate equipment.

How many personnel should participate?

For statical accuracy 10% of your organizations workforce should participate. This participation will need to include operational management, supervision and health and safety representatives. Only with this level of participation can the cumulative competencies of an organization can be accurately visualized.

How do I prepare for an assessment?

As assessments are designed to provide visibility to an individual's present knowledge/competency in relation to specific topics. An individual need not do any pre-work prior to starting their assessment allowing their first assessment to act as a baseline. After the initial assessment, participants are provided additional developmental resources and able to reassess on any portion of their initial assessment.

How do assessments aid organization in achieving regulatory compliance?

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Regulators require competency of both individual performers and that of operational leadership, competency in the regulatory requirements that relate to their work. This competency can be developed through experience, qualifications and training but no matter how it is developed, the determination of competency is always based on a demonstrated ABILITY to recognize hazards, comprehend/interpret legislation and apply regulatory expectations to workplace situations. I-CAB assessments allow employers to see this ability both individually and across a workforce.

What costs are associated with participation?

The Institute Of Chartered Accountants Of Bangladesh

Accounts are subscription based (i.e cost per quarter) based on the number of 'active users'. The designated 'active users' can be changed at any time to correspond with staff changes without triggering additional cost. Organizations with users that fall within I-CAB's definition of 'vulnerable sector' will have no cost associated with their assessment.