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ICAB observes ‘International Accounting Day’

Staff Correspondent
10 Nov 2021 19:35:02 | Update: 10 Nov 2021 19:35:02
ICAB observes ‘International Accounting Day’
The Institute of Chartered Accountants of Bangladesh (ICAB), one of the first founding members of SAFA observes the International Accounting Day 2021 on Wednesday.

The Institute of Chartered Accountants of Bangladesh (ICAB), one of the first founding members of SAFA observed the International Accounting Day 2021 on Wednesday.

A rally was brought out by the Dhaka regional committee of ICAB where CA members and multitudes of pupil from different CA firms, public and private universities were present to commemorate the day, said a press release.

Italian Mathematician and Franciscan friar, Luca Bartolomeo de Pacioli authored a book titled “Summa de Arithmetica Geometria Proportioni et Propotionalita” (Everything about Arithmetic, Geometry and Proportion) which was published in Venice on November 10, 1494.

First of its kind, the book aimed to summarise the mathematical knowledge of that time.

It is considered to be the first printed essay on double entry book keeping called “Method of Venice” and was a direct base of some widespread works on mercantile accounting. 

ICAB President Mahmudul Hasan Khusru FCA, Chairman of ICAB (Dhaka Regional Committee), Md Selim Reza FCA, Secretary Md AKH Hasif Sowdagar FCA, and other members of DRC led the rally.

 

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