Nowadays, Institute of Cost and Management Accountants of Bangladesh is a recurring theme in modern society. From politics to technology, culture and education, Institute of Cost and Management Accountants of Bangladesh has generated a great deal of debate and interest around the world. With the growing importance of this topic, it is crucial to understand its impact on our daily lives and in the future. In this article, we will thoroughly explore the most relevant aspects of Institute of Cost and Management Accountants of Bangladesh, analyzing its different perspectives and discussing its relevance in the current context. Without a doubt, Institute of Cost and Management Accountants of Bangladesh is a topic that leaves no one indifferent, and its influence will continue to expand in the coming years.
Type | The national body of the professional Cost and Management Accountants of Bangladesh |
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Established | 1977 |
Affiliation | International Federation of Accountants and International Accounting Standards Board |
President | Prof. Dr. Md. Salim Uddin FCMA |
Vice-president | Mr. Mahtab Uddin Ahmed FCMA and Mr. Md. Akhtaruzzaman FCMA |
Students | 30,000 |
Location | , Bangladesh |
Campus | Bogra District, Chattogram, Comilla, Dhaka (main), Jessore, Khulna, Rajshahi |
Website | icmab |
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.[1][2][3]
In 1972, the institute was re-established in the name of Bangladesh Institute of Industrial Accountants again. The Government of Bangladesh renamed it as The Institute of Cost and Management Accountants of Bangladesh through promulgation of The Cost and Management Accountants Ordinance 1977 (Ordinance No LIII of 1977).[4]
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.[4][5]
ICMAB is a member of the following international accounting bodies:
The ICMAB qualification is recognised by many professional bodies nationally and internationally. The bodies that have granted exemption to ICMAB members or qualified students are: