Member Notice Board Sat, 20 Oct 2018 06:36:16 +0600 Joomla! - Open Source Content Management en-gb Training Program on Business and Financial Modeling using excel

You are well aware that the ICMAB is playing a vital role in economic development of the country through its continuous endeavor in supplying competent professional accountants. The very purpose of the formation of the institute is promoting and regulating the cost and management accounting profession in the country. In addition to offering management accounting education to students, the institute also plays a significant role by arranging different training programs for its members to ensure the level of competency which keeps them highly demanded in the market place.

You know that we, the professional accountants, work in a very highly competitive and changing business environment. In such a situation, we are running the risk of getting obsolete if we don’t keep ourselves updated with the changed skill-sets required by employers. IFAC (2010) and CGMA (2014) studies identified five categories of skill-sets demanded from professional accountants which are intellectual skills, technical & functional skills, personal skills, interpersonal & communication skills and business management skills. The institute also studies the necessity of skills required by its members considering the surrounding market. IT skills as a part of technical & functional skills get the highest attention as the economy has already transformed as IT based economy. Accounting and reporting functions are going to be mostly technology based keeping it in line with the national slogan ‘Digital Bangladesh’.

You will be happy to know that the institute is organizing a specialized training program for the members titled ‘Business and Financial Modeling’. The training program covers three modules: MS Excel 2016 (Basic to Advanced), Financial Modeling Using MS Excel 2016 and Feasibility Study. The duration of the training program will be 1 month covering 72 hours. Members will avail 20 credit hours for attending the training program. Fee for the program is BDT 15,000.00 per participant but the member of ICMAB will receive a discount of 30% if participated at individual capacity. Other details of the program are available in the attached brochure. Experts in relevant field will facilitate the training program. It is expected that the training will uplift the participants’ soft skills significantly and at the same time, increase the career opportunities.

You will be also happy to know that considering the need of IT training for our members as well for the students ICMAB has set-up a modern Computer laboratory at the ground floor of ICMAB Bhaban. This training program will start on 11/09/2018 at 7:00 p.m. at the new Computer laboratory and it is for your kind information that the new Lab will be inaugurated on the same day at your presence. The deadline of Registration of the program is on 06/09/2018. As the seats of the training program are limited, First Come First Served rule will be applicable. A registration form is also attached herewith for your perusal and necessary action.

]]> (Md.Hanif) Member Notice Board Mon, 03 Sep 2018 06:07:18 +0600
Training Course on “International Financial Reporting Standard (IFRS)”

The first batch of the training course is re-scheduled to start on 09/10/2018 at 6:30 p.m. at ICMAB instead of 04/09/2018. Registration deadline is on 04/10/2018. As seats are limited “First Come First served” principle will apply.

A brochure of the course and a registration Form are attached herewith for your perusal and necessary action.
Please be informed that the Fee for the course is Taka 30,000/-(Thirty Thousand) per participant. The fee will include course materials, lunches, concluding dinner and certification. However, the member of ICMAB will receive a discount of 20% if participate at individual capacity. 30 hours of CPD Credit will be awarded. Payment should be made either in cash or by pay order favoring ICMAB.

For registration please login to and click “MY ICMAB”. Alternatively you may send your name by email to : or Call to Mr. Mirza Mostafa Walid, Additional Director, Member’s Affairs Department. Mobile: 01972101612.

The institute needs your support in the form of nomination of trainees from your organization you worked for and also your own participation to organize the course successfully.

]]> (Md.Hanif) Member Notice Board Mon, 03 Sep 2018 06:00:15 +0600
Job in Financial Reporting Council (FRC)

Financial Reporting Council (FRC), established under the `Financial Reporting Act, 2015 ' as a regulatory authority for the professional accounting, auditing and actuarial activities at all the public interest organizations of the country, invites applications from eligible candidates for the following senior level full time position.

Job in Financial Reporting Council (FRC)

]]> (Md.Hanif) Member Notice Board Wed, 11 Jul 2018 08:52:52 +0600
Discussion on National Budget 2018-2019 on June 25, 2018 at 7:00 p.m.

Dear Member,

We are pleased to announce that a Post-Budget Discussion on National Budget 2018-2019 will be held on Monday, June 25, 2018 at 7:00 p.m. at ICMAB Ruhul Quddus Auditorium, ICMA Bhaban, Nilkhet, Dhaka.

Engineer Mosharraf Hossain, MP, Honorable Minister, Ministry of Housing & Public Works, Government of the People's Republic of Bangladeshhas kindly consented to grace the occasion as Chief Guest while Mr. C. Q. K. Mustaq Ahmed, Chairman, Financial Reporting Council (FRC) will remain present as Special Guest. Following eminent personalities of the country will attend the program as Discussants:

1. Mr. Khondkar Ibrahim Khaled, Former Deputy Governor, Bangladesh Bank

2. Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute

3. Dr. Jamaluddin Ahmed FCA, Past President, ICAB & Director, Emerging Credit Rating Ltd.

4. Dr. Mohammed Helal Uddin, Associate Professor, Department of Economics, University of Dhaka

Mr. Ranjan Kumar Bhowmik FCMA, Commissioner of Taxes, Taxes Zone-7, Dhaka and
Mr. Md. Abdur Rahman Khan FCMA
, Deputy Secretary, Finance Division, Ministry of Finance will present the technical papers on the National Budget 2018-2019 as Resource Persons.

Mr. Arif Khan FCMA, Past President, ICMAB and CEO & Managing Director, IDLC Finance Ltd. will act as moderator of the program.

On behalf of the Institute, I cordially invite you to kindly attend the Post Budget Discussion Session on June 25, 2018 at 7:00 p.m.

We would highly appreciate if you kindly register in advance. Please login to for online registration or mail to

02 (two) hours CPD credit will be given to the participants.

Thanking you,

Sincerely yours,

Md. Mahbub Ul Alam FCMA

Executive Director

]]> (Mahmud) Member Notice Board Sun, 24 Jun 2018 14:06:53 +0600
Participate in the Open Discussion Session on Professional Matters

Greetings from the undersigned! Hope you are doing well. You all know that I have assumed President's office of our beloved Institute for the year 2018. I express my sincere thanks and gratitude to you for giving me this rare opportunity which is in my case second time from being at the front.

From the very beginning, our entire Council Members and Office Bearers are working passionately to enhance the overall quality and image of CMA profession. At this juncture of our journey, I strongly believe that an open discussion on different professional matters with all of you will guide us towards way forward. In fact, we sincerely need your valuable suggestions and opinions to continue the ongoing initiatives. We have prepared an outline of our activities and annual plan which needs to be discussed and improved further after the exchange of views with you.

As such, it is my pleasure to invite all of our members for an Open Discussion on Professional Matters on Sunday, the 22nd April, 2018 at 7:00 p.m. at ICMAB Ruhul Quddus Auditorium, ICMA Bhaban, Nilkhet, Dhaka which will be followed by dinner.

Kindly attend the program and place your valuable contribution in this regard.

]]> (Md.Hanif) Member Notice Board Thu, 19 Apr 2018 06:40:14 +0600
Seminar on "Accounting Business Process Outsourcing (BPO)"

Seminar on "Accounting Business Process Outsourcing (BPO)"

Tuesday, 3. April 2018, 06:30pm

Location : ICMA Bhaban, Nilkhet, Dhaka.

Contact : Md. Mahbub Ul Alam FCMA, Executive Director

Participants : All Esteemed Members of ICMAB

Chief Guest : Mr. Zunaid Ahmed Palak MP, State Minister for ICT

Resource Person : Mr. Abdul Hakim Bhuiyan FCMA, Chairman & Managing Director of Kichai IT Services Ltd.

CPD Credit : 02 (two) hours

Please click MY ICMAB for registration.

]]> (Md.Hanif) Member Notice Board Mon, 02 Apr 2018 10:21:50 +0600
Result of Dhaka Branch Council Election-2017

List of Elected Members in the Dhaka Branch Council Election of ICMAB held on 29th December 2017


Member  No.

Candidate  Name

Total  Vote




Mr. A. k. M. Kamruzzaman, FCMA





Dr. Syed Abdulla Al Mamun, FCMA





Mr. Md . Abdur Satter Sarkar, FCMA





Mr. Safiul Azam, FCMA





Mr. Muhammad Nazrul Islam, FCMA





Mr. Md. Bakhtiar Alam, FCMA





Mr. Md. Mumlook Hossain,FCMA





Mr. S. M. Afjal Uddin, FCMA





Mr. A . K. M. Zakaria Hossain, FCMA





Mr. Md.  Asad Chowdhury, FCMA



]]> (Md.Hanif) Member Notice Board Sun, 31 Dec 2017 08:58:25 +0600
CPD program on “IFRS15: Revenue from Contracts with Customers” on December 19, 2017.

You are aware that International Federation of Accountants (IFAC) has adopted the most comprehensive standard on “IFRS15: Revenue from Contracts with Customers” which will become effective from January 01, 2018. Considering the significance and gravity of the topic, the ICMAB is organizing a Continuing Professional Development (CPD) program on “IFRS15: Revenue from Contracts with Customers” on December 19, 2017 at 6:30 p.m. at ICMAB Ruhul Quddus Auditorium, ICMA Bhaban, Nilkhet, Dhaka.
Ms. Akhtar Sanjida Kasem FCA, FCMA, Partner, A. Qasem & Co. will present the technical paper as Resource Person.
On behalf of the Institute, I have the pleasure to invite you to kindly attend the CPD and make the program a success.
For registration please login to and click “MY ICMAB”. Alternatively please send your name to or Mobile: 01972101612.
02 (two) hours CPD credit will be given for participating the program.

]]> (Md.Hanif) Member Notice Board Wed, 13 Dec 2017 05:31:12 +0600
Seeking Comments on the Consultation Paper Issued by the Monitoring Group (MG)

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is pleased to post the consultation paper issued by the Monitoring Group (MG) for review and comments which was released on November 9, 2017. The consultation paper titled ‘Strengthening the Governance and Oversight of the International Audit-related Standard-setting Boards in the Public Interest’ sets out various options to enhance the governance, accountability and oversight of the international audit standard setting process. Comments are requested by February 1, 2018.

The Monitoring Group is a group of international financial institutions and regulatory bodies committed to advancing the public interest in areas related to international audit standard setting and audit quality. This group includes the following entities:

  • International Organization of Securities Commissions (IOSCO)
  • Basel Committee on Banking Supervision (BCBS)
  • European Commission (EC)
  • Financial Stability Board (FSB)
  • International Association of Insurance Supervisors (IAIS) and
  • World Bank Group (WBG)

This group has worked with the International Federation of Accountants (IFAC) with the objective of restoring confidence that standard-setting by IFAC’s independent boards is responsive to the public interest.

The consultation paper elicits the views of stakeholders on how best to safeguard the independence of the standard-setting process and its responsiveness to the public interest. In developing options to reform the standard setting process, the MG has reflected on some key overarching principles that standard setting should observe: public interest, independence, credibility, cost effectiveness, relevance, transparency and accountability.

The consultation paper includes options which consider changes to the number of standard setting boards, their composition, their strategic focus, geographical balance and remit; the process to nominate their members; and their current oversight arrangements, among other elements.  The consultation paper requests stakeholder views on which of those options would best achieve the MG’s objectives to enhance their independence and public accountability.

You are requested to submit your comments at within February 1, 2018.

Please download the Consultation Paper here.

Member Notice Board Wed, 22 Nov 2017 14:40:06 +0600
Postponement of Seminar on Managing the Cyber Security Risks

Dear Member,

we would like to inform you that the Seminar on “Managing the Cyber Security Risks: The Role of Management Accountants” of the Institute which was scheduled to be held on September 15, 2017 at 7:00 p.m. at ICMAB Ruhul Quddus Auditorium, ICMA Bhaban, Nilkhet, Dhaka has been postponed due to some unavoidable circumstances. The revised date will be informed later on.

Member Notice Board Tue, 12 Sep 2017 07:44:47 +0600