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ICAB signs MoU with ICB on DVS


Published : 21 May 2024 09:49 PM

A Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of Bangladesh (ICAB) and the Investment Corporation of Bangladesh (ICB)) was signed on Monday at CA Bhaban in the city.

The objective of this MoU is to provide access to the Document Verification System (DVS) to the ICB to verify audited financial statements of different entities. This collaboration with ICB would bring financial discipline in the country.

ICAB President Mohammed Forkan Uddin FCA , Vice President MBM Lutful Hadee FCA, Vice President Maria Howlader FCA, Vice President Md. Johirul Islam FCA,  past president & council member Kamrul Abedin FCA, Council Members NKA Mobin FCA , Fouzia Haque FCA,  Md. Yasin Miah FCA and CEO Shubhashish Bose FCA also spoke in the ceremony.

The Managing Director, ICB Md. Abul Hossain and ICAB CEO Shubhashish Bose signed the MoU. Higher officials of ICB and ICAB including COO Mahbub Ahmed Siddique FCA were present in the ceremony.

Under this MoU ICAB shall provide necessary assistance in verifying the authenticity of the audited financial reports filed with ICB.

The Investment Corporation of Bangladesh (ICB) will use this Document Verification System (DVS) to check whether the audit report and audited financial statements of Mutual Trust Fund & other companies certified by ICAB's CoP Holder Chartered Accountants.