The Institute of Chartered Accountants of Bangladesh (ICAB) has been celebrating its 50th anniversary (Golden Jubilee) through various events kicked off on Friday.
To mark its golden jubilee, ICAB shot fireworks in the air on Thursday evening, organized cake cutting, rally and a discussion programme at CA Bhaban in the city.
Titled as ‘50th Anniversary of ICAB: Retrospective and Prospective’, the discussion was attended by Mohammad Muslim Chowdhury, Comptroller and Auditor General of Bangladesh; Sharifa Khan, Secretary, Economic Relations Division (ERD), Ministry of Finance; Md. Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
ICAB President Md. Muniruzzaman FCA, Vice Presidents Md. Yasin Miah FCA, MBM Lutful Hadi FCA, 50 Years (Golden Jubilee) Celebration Committee Chairman and Council Member Md. Humayun Kabir FCA, former presidents and council members Md. Shahadat Hossain FCA, Mahmudul Hasan Khusru FCA, Past President Golam Kibria FCA and , Moshi Malik Chowdhury FCA spoke on the occasion and reminisce the past of their times in ICAB.
Among others present were Council Members Sabbir Ahmed FCA, Md. Abdul Kader Joaddar FCA, Mohammed Forkan Uddin FCA, Mahamud Hosain FCA, Fouzia Haque FCA, Maria Howlader FCA and ICAB’s Past Presidents. ICAB CEO Shubhashish Bose delivered concluding remarks at the end of the discussion.
During the discussion, the speakers highlighted the various contributions of ICAB in economic development.
They said - ICAB is an international standard educational institution. Its contribution to the economy of the country is enormous.
ICAB’s role in ensuring transparency and accountability in financial sector and its contribution cannot be erased from history of development of accounting profession in the country, they added.
After the Independent of Bangladesh, Bangabandhu Sheikh Mujibur Rahman through the Bangladesh Chartered Accountants Order 1973 (President’s Order No-2 of 1973) established the Institute of Chartered Accountants of Bangladesh (ICAB) on 6th January in 1973 to ensure proper accounting system, auditing practice, related standards and overall to regulate profession of accountants and for matters connected therewith.
Md. Humayun Kabir FCA, Council Member and Chairman, Committee on the celebration of 50th anniversary of ICAB said, the contribution of ICAB to Bangladesh economy is multifaceted, far-reaching and deep-rooted. Over the last 50 years, ICAB becomes organization of 40,000 skilled professionals.
Of them 2,000 are world class qualified Chartered Accountants, 6,000 are part (level) qualified, 8,000 are paper passed, 17,000 are course completed trained professionals and the remaining 7,000 are currently under full time training with CA Firms, he said.
ICAB President Moniruzzaman FCA said, Chartered Accountants are playing multifaceted role in the economy. they provide various statutory services like audit, taxation compliance, various attestation engagements as per regulatory requirements.
Liberation War affairs Minister A. A. M. Mozammel Haque, MP inaugurated a rally by cutting a cake and releasing balloons in the sky.
ICAB office bearers, leaders of ICAB Dhaka Regional Committee and CA students of ICAB participated in the rally. The rally started in front of the CA Bhaban marched in Hatirjheel, Kawran Bazar and adjoining areas.
