Institute’s vision is to help Bangladesh become an industrialized
nation by promoting and regulating Cost and Management Accounting
profession towards market economy to enhance economic competitiveness
and quality of life.
Vision:
Institute’s vision is to help Bangladesh become an industrialized nation by promoting and regulating Cost and Management Accounting profession towards market economy to enhance economic competitiveness and quality of life.
Mission:
Institute’s mission is to develop, equip and promote Cost and Management Accounting profession by maintaining highest professional standard of its members in order to enable them to provide better services to the society.
The Institute is entrusted with the formulation and implementation of national cost accounting standards. Its goal is to help Bangladesh become an industrialized nation by promoting and regulating the Cost and Management Accounting profession to enhance economic competitiveness and quality of life.
Objectives:
The major objectives of the Institute are to:
-
Regulate and develop the Cost and Management Accounting (CMA) profession in Bangladesh;
- Provide and confer the highest professional degree in Cost and Management Accounting;
- Impart education and training to the members, corporate managers and intending students of CMA for enhancing their capability in the fields of Cost and Management Accounting;
- Develop knowledge, skills and competence of the CMAs needed to support economic development of the country and, thus, to prepare capable manpower needed for various national and international development activities according to the requirements of the millennium;
- Help development, adoption and implementation of International Financial Reporting Standards (IFRS) in Bangladesh;
- Formulate, adopt and implement Cost Accounting and Auditing Standards (CAAS) in Bangladesh and international;
- Implement statutory Cost Audit as provided in the Companies Act, 1994 ; and
- Conduct research in the field of Cost and Management Accounting in order to promote and develop the profession to meet the requirement of the time.
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