ICMAB Khulna Branch Council holds fellowship night

The Khulna Branch Council (KBC) of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) recently organised the “Fellowship Night” at Hotel City Inn in Khulna to enhance fellowship bondage outside the professional territory.

KBC of ICMAB organises such gatherings that provide an opportunity to meet with the family members and enjoy together, reads a press release.

ICMAB President Md Abdur Rahman Khan was present in the programme as the chief guest where Secretary Md Kausar Alam, Treasurer Md Akhtaruzzaman, Principal of Khulna Azam Khan Govt Commerce College, Prof Kartick Chandra Mondal and Prof of Khulna University SM Zahidur Rahman were also present.

Ashok Kumar Debnath, chairman of KBC presided over the event where KBC Secretary Abdul Motaleb gave a welcome speech. Khulna-based members with their family members attended the programme and enjoyed it with joy and enthusiasm.

ICMAB was established with the prime objective of promoting and regulating the Cost and Management Accounting profession in the country, the Institute offers education and training to the students interested to pursue career in this field and provides highly recognised CMA degree on fulfillment of requisite qualification. The Institute undertakes research in relevant fields and is the sole authority to issue practicing license to its members.

The Institute is entrusted with the formulation and implementation of National Accounting as well as Cost Accounting Standards and take other necessary steps with a view to regulating the Cost and Management Accounting profession commensurate with global standard with the ultimate objective of developing Bangladesh’s human and natural resources to ensure common welfare and to enrich our shared future.

It is managed as an autonomous professional body under the Commerce Ministry. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.

In 1972, the institute was re-established in the name of Bangladesh Institute of Industrial Accountants again. The government renamed it as The Institute of Cost and Management Accountants of Bangladesh through promulgation of The Cost and Management Accountants Ordinance 1977.

ICMAB members are known as CMAs with their designatory title ACMA and FCMA. They play leading roles in the accountancy and finance profession in Bangladesh. 30% of members live and work outside of Bangladesh.