Institute of Cost and Management Accountants of Bangladesh

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]

The Institute of Cost and Management Accountants of Bangladesh
TypeThe national body of the professional Cost and Management Accountants of Bangladesh
Established1977 (1977)
AffiliationInternational Federation of Accountants and International Accounting Standards Board
PresidentM. Abul Kalam Mazumdar FCMA
Vice-presidentArif Khan FCMA and Jamal Ahmed Choudhury FCMA
Students13,000
Location
Dhaka
,
Bangladesh
CampusDhaka (main), Chittagong, Khulna, Rajshahi, Comilla, Jossore
Websiteicmab.org.bd

History

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]

International association

ICMAB is a member of the following international accounting bodies:

National and international recognition

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:

References
  1. Vision & Mission, ICMAB
  2. "ICMA admission". The Daily Star. 28 July 2008. Retrieved 3 August 2019.
  3. "Poor management creates poverty for Bangladesh". The Daily Star. 14 December 2007. Retrieved 3 August 2019.
  4. Institute of Cost and Management Accountants official website
  5. http://www.icmab.org.bd/index.php?option=com_content&task=view&id=14&Itemid=45
  6. http://www.capa.com.my/
  7. http://www.esafa.org
  8. "Archived copy". Archived from the original on 22 May 1997. Retrieved 24 January 2020.CS1 maint: archived copy as title (link)
  9. "CIMA Membership". CIMA. Retrieved 15 October 2015.
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