Forma # 1.ai - ICAB

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Management Accountants, Auditors have to be more conversant with IT, Internet - President, ICAB The Institute of Chartered Accountants of Bangladesh (ICAB) organized a CPD Seminar on “IT Enabled Systems: Opportunities and Challenges for Assurance Professionals” on Thursday, 31 March 2011 at ICAB Auditorium, Chartered Accountant Bhaban, 100 Kazi Nazrul Islam Avenue, Kawran Bazar, Dhaka-1215. Mr. Mustafa Jabbar, President, Bangladesh Computer Samity graced the occasion as Chief Guest. Mr Abbas Uddin Khan FCA, Past President, ICAB conducted the Seminar as Session Chairman. Mr. Aniruddha Neogi, FCA (ICAI), CISA, CGEIT, CRISC Director, Monitoring Evaluation & Internal Audit, ICDDR,B presented the keynote paper. Parveen Mahmud FCA, President, ICAB in her address of welcome said that our vision is to build a Digital Bangladesh within 2021. So it is essential to enrich the ICT sector through developing software industry and IT services. She said management accountants, auditors and academicians will become more knowledgeable and conversant in the design, operation and control of accounting information systems through increased use of Information Technology and Internet. Auditors should update themselves to evaluate and safeguard assets and maintain data integrity through computer systems. To properly evaluate the potential risks, accountants and auditors must be familiar with current and emerging information technologies, she added. The ICAB President said, it is thought-provoking whether we are providing our students and future accounting professionals with a framework to understand the need for IT security and to address the threats. In ICAB and in firms, necessary computer facilities are not available for all students and trainees as required. So ICAB has included theoretical programme for students’ syllabuses for IT knowledge and IT application that have been written by ICAEW following IFAC requirements and agreed by ICAB, she added. Mr. Mustafa Jabbar in his speech thanked ICAB for entering the digital era and appreciated the creative role in the ICT sector. He said Information Technology is the key to development. Digital Bangladesh should not be only for a certain group of people or a section of society. It should benefit all. As one of the founders of Bangladesh Computer Samity (BCS), Mr. Jabbar highlighted the activities of BCS. He said BCS is playing a leading role in flourishing ICT and popularising the use of computers in rural areas through motivation. He said ICAB has gone one step ahead in the society by introducing ICT in its exam system. This effort will not only benefit ICAB, but also others concerned. The seminar ended with a vote of thanks. 08 January - March 2011 The Bangladesh Accountant
Orientation Programme for Teachers and Students on New Curriculum “This is a golden scope to be the member of ICAEW by attending the new syllabus. We all should take this opportunity and maintain the quality of the syllabus related to ICAEW”, Ms. Parveen Mahmud FCA was urging in the Orientation Programme while delivering her address of welcome. She said that new ICAB curriculum based on ICAEW curriculum has already been introduced from January 2010 and examinations under new curriculum were started from May-June 2010. She also informed the audience that The Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Chartered Accountants in England and Wales (ICAEW) have been rigorously working to strengthen the accounting profession for compliance and practices of the standards and codes in the corporate sector. In October 2009 the ICAB signed a Memorandum of Understanding (MOU) with the ICAEW. Mr. Md. Abdus Salam FCA, Vice President, ICAB elaborately explained the new syllabus by showing power point. He said that this is the seven syllabus we have started implementing since January 2010. It is very much necessary to disseminate this kind of orientation, he added. Mr. Salam said that a new curriculum and examination system introduced by the Institute has been highly applauded by the corporate sector of the country and opined as parallel to the curriculum of world class accounting bodies like the Institute of Chartered Accountants in England and Wales (ICAEW). Mr. N I Chowdhury FCA, Secretary of the Institute said that ICAB is contributing profusely to establishing an enabling environment for a transparent and accountable financial culture. He said that the new ICAB Curriculum and the examination system which he predicted will elevate the status of ICAB to the rank of the world class accounting bodies. This programme was conducted by Mr. A S M Nayeem FCA. The Bangladesh Accountant January - March 2011 09
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Page 4 and 5: EDIT ORIAL The Perspective Plan and
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Number of Qualified Accountants wor
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Opportunities and Challenges for Ad
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at cost less any accumulated amorti
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Students’ Section Sanjida Kasem F
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13. Take breaks: Do not study at a
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Students’ Section 10. The student
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Students’ Section 1/15/ICAB-2010
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