The Institute of Chartered Accountants of Bangladesh (ICAB) and Chartered Accountants Australia & New Zealand (CA ANZ) have signed a Memorandum of Understanding (MoU) on Wednesday at a virtual platform Zoom Application.
Under this MoU both the Institutes will recognize their members based on pathway program; and practical experience. There will be no requirement of passing CA ANZ general route examinations by eligible ICAB members as CA ANZ International Pathway Program (IPP) workshop would examine through case studies the contemporary Australasian business, accounting and finance environment relevant for members of ICAB.
ICAB President Mahmudul Hasan Khusru FCA and CA ANZ CEO Ainslie van Onselen signed the MoU from their respective sides.
This MoU stipulated that ICAB members living in Australia or New Zealand having five years post qualification experience at anywhere will be eligible to be member of CA CANZ after successful completion of CA ANZ International Pathway Program (IPP).
On the other hand, CA ANZ members can also be members of ICAB subject to having Bangladeshi citizenship and other requirements as prescribed by ICAB Bye-laws.
ICAB President Mahmudul Hasan Khusru FCA said, under this MOU the relationship between the two renowned Institutes will open a new horizon, wider network, foster mutual collaboration, enhancing professional expertise, add value to the members and the nation as a whole.
President-CAANZ Dr. Nivos Botica Rodmayno FCA said, this initiative will solid our partnership through providing mutual benefits. She said, CA professionals are difference makers and we shall be able to make a difference in terms of education, sharing learning and members’ benefits in future.