The South African Institute of Chartered Accountants (SAICA) welcomes the Institute of Chartered Accountants of Bangladesh (ICAB) as an associate member of Chartered Accountants Worldwide (CAW).
The Institute of Chartered Accountants of Bangladesh (ICAB) has become the twelfth member of international body Chartered Accountants Worldwide. ICAB is the seventh Chartered Accountancy body to be awarded Associate membership to the organisation since it was launched in February 2013.
As an Associate Member, ICAB joins a group of globally recognised Chartered Accountancy bodies that are committed to enhancing the value of the Chartered Accountant brand and the profession. Being admitted to Chartered Accountants Worldwide recognises the importance of the qualification in Bangladesh and demonstrates ICAB’s commitment to the highest professional and ethical standards.
The Institute of Chartered Accountants of Bangladesh (ICAB) is a national professional accountancy body in Bangladesh, established under the Bangladesh Chartered Accountants Order, 1973 (President’s Order No. 2 of 1973) for the purpose of regulating the profession of accountants and related matters that also formulates Accounting and Auditing Standards for Bangladesh.
Chartered Accountants have been a mark of excellence in the accountancy and business sectors for over 150 years. There are Chartered Accountants working in over 200 locations across the world.
Pat Costello, Chairman of Chartered Accountants Worldwide said: “We are delighted that ICAB has joined the Chartered Accountants Worldwide family. ICAB has played a key role in developing the accountancy profession in Bangladesh over the last four decades and shares our ambition to work together and promote the very highest standards of the profession globally. We look forward to the fresh perspectives ICAB will bring to the table.”
President Adeeb H. Khan of ICAB said: “ICAB is delighted to become an Associate Member of Chartered Accountants Worldwide and to be part of this global family. We look forward to working with Chartered Accountants Worldwide to further increase the value and reputation of the Chartered Accountancy brand in Bangladesh and internationally.”
Dr Terence Nombembe, Chief Executive Officer of the SAICA said: “We congratulate ICAB on achieving an associate membership status of CAW. This achievement will position ICAB to further play a pivotal role in developing the chartered accountancy profession in the region as well as to continue to provide ongoing support for the chartered accountants who are members of other chartered institutes resident in Bangladesh.”
By joining Chartered Accountants Worldwide as an Associate member, ICAB, with over 1,700 members, continues the expansion of the organisation which now supports some 700,000 members and more than 1 million students worldwide. Chartered Accountants Worldwide members include the founder members: Chartered Accountants Australia and New Zealand (CA ANZ), Chartered Accountants Ireland, ICAEW, ICAS and the South African Institute of Chartered Accountants (SAICA), and associate members: the Institute of Singapore Chartered Accountants (ISCA), the Institute of Chartered Accountants of Pakistan (ICAP), The Zambia Institute of Chartered Accountants (ZICA), the Institute of Indonesia Chartered Accountants (IAI), the Institute of Chartered Accountants of India (ICAI) and the Institute of Chartered Accountants of Sri Lanka.
SAICA Media Contact:
Communication Coordinator: Corporate
SAICA Brand Division
011 479 0698
Notes to editors:
- Chartered Accountants Worldwide
Chartered Accountants Worldwide has been created by the leading institutes of Chartered Accountants from around the world to support, develop and promote the vital role that Chartered Accountants play throughout the global economy. More information on the organisation can be found at charteredaccountantsworldwide.com
Chartered Accountants Worldwide Associate membership is open to Chartered Accountancy bodies who:
- refer to their members as Chartered Accountants and legitimately use the Chartered Accountant brand;
- are a member of IFAC or an IFAC Recognised Regional Organisation (e.g., CAPA or PAFA);
- require their members to commit to continuing professional development;
- are committed to working together to promote the Chartered Accountancy brand; and
- can demonstrate how they are improving the quality of the Chartered Accountancy qualification.
- Institute of Chartered Accountants of Bangladesh
ICAB is a leading professional membership organisation that promotes and develops accountancy profession in Bangladesh. ICAB members hold a widely respected professional accounting qualification which supports enterprise, corporate governance and sustainable growth in the business environment. As leaders in accountancy, finance and business, ICAB members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. ICAB is working to promote and regulate high-quality financial reporting and auditing in Bangladesh, to develop and maintain the competence of professional accountants and to enhance the reputation of the accounting profession in all sectors of the economy.
For more information, please visit: www.icab.org.bd