ICMAB delegate meets Chairman BSEC

A delegation of ICMAB led by its President Mr. Md. Abdur Rahman Khan FCMA met Professor Shibli Rubayat-Ul-Islam, Chairman Bangladesh Securities and Exchange Commission (BSEC) at his office on 14 February 2023 and discussed different matters related to development of CMA profession in Bangladesh.

The ICMAB President apprised the Chairman regarding the present status and activities of the Institute and sought all out support from BSEC for the further development of CMA profession. He also requested the Chairman of BSEC to closely monitor the listed companies who are not Complying the mandatory cost audit obligation as per directives of the Ministry of Commerce and the BSEC through enacting appropriate provision in Corporate Governance Code for the wider interest of government, shareholders and society.

Mr. Khan thanked BSEC Chairman for issuing a directive for certification of Cost of Goods sold statement by CMA Professionals case to case basis and requested him to implement this directive by assigning specific job to the CMA firms for conducting the said Cost of Goods Sold audit. He also requests BSEC to appoint the members of ICMAB as independent directors in various listed companies.

The Chairman highly appreciated the role of CMAs in the economic development of Bangladesh and assured the delegation to provide full assistance for further development of CMA profession.

Past President Mr. Mohammed Salim FCMA, Past President Mr. Arif Khan FCMA, Vice President Mr. Mahtab Uddin Ahmed FCMA, Secretary Mr. Md. Kausar Alam FCMA, Treasurer Mr. Md. Akhtaruzzaman FCMA, Council Member Mr. S.M. Zahir Uddin Haider FCMA & Mr. Mohammed Jahangir Alam FCMA and Mr. Mirza Mostafa Walid, Executive Director (CC) was present in the meeting.