transparency and credibility of accounting and audit functions in the country. The speakers also said that it has become imperative for the accounting professionals to regain confidence and credibility of stakeholders to serve the public interest through effective harmonization of financial reporting and audit practices which inturn, ensure the implementation of corporate governance. The conference on Harmonization of Financial Reporting and Audit Practices: Perspective Bangladesh was organised by the ICAB at its auditorium, CA Bhaban on Saturday, 23 February 2013, in the backdrop of global shift towards the IAS/IFRS and the ISA frontiers, aimed to spread the true sense of corporate accountability and reliable transparency of published financial information. The speakers in the conference placed suggestions on how to address market issues through catalyzing high quality financial reporting and credible audit practices through technical skills, professional competencies besides ethics. Anwaruddin Chowdhury FCA, Council Member & Past President of ICAB presented the thought provoking Keynote paper in the seminar. Dr. SA Samad, Executive Chairman, Board of Investment (BoI) was the Chief Guest while Md. Motaher Hussain, Controller General Defence Finance, Office of the Controler and Auditor General of Bangladesh (OCAG) graced the occasion as Special Guest. ICAB President Md. Abdus Salam FCA, Past Presidents, Honble members and February 2013 Monthly News Briefing from the Institute of Chartered Accountants of Bangladesh ICAB News Bulletin No. 280 ISSN 1993-5366 International Federation of Accountants IN THIS ISSUE Conference on Harmoni zati on of Fi nanci al Reporti ng and Audi t practi ces i n Bangl adesh (Page 1-2) CA professi onal s coul d be i nstrumental (Page 3) Isl ami Bank offi ci al s meet ICAB Presi dent (Page 3) Presi dent s Communi cati on (Page 4-8) ICAB Team meets Commerce Mi ni ster (Page 9) ICAB observes Internati onal Mother Language Day (Page 9) CRC-ICAB observes Internati onal Mother Language Day (Page 9) CA Fi rms requested to fol l ow the ToR (Page 10) DRC-ICAB Annual Pi cni c-2013 (Page 10) ICAB Presi dent meets Prothom Al o Edi tor (Page 11) ICAB team meets NBR Chai rman (Page 11) CSE to work wi th ICAB (Page 11) Conference on Harnessi ng Technol ogy i n Accounti ng and Audi ti ng (Page 12) Mahbub j oi ns ICAEW Tutor Confce i n UK (Page 12) CA Students Qual i fy i n Fi nal Exams (Page 13-14) Resul ts of Professonal Stage Knowl edge & Appl i cati on Level (Page 15-17) Campus News (Page 18) Commi ttees of ICAB for 2013 (Page 19-23) Restorati on of i nvestors confi dence (Page 24) Nesar recei ves Runner Up trophy (Page 24) Syful Isl am Tal ks on Share Market i n RTV s Tal k Show (Page 24) A Team of Arti cl ed Students Assoc meets ICAB Presi dent (Page 24) Chief Guest Dr. SA Samad, Executive Chairman, Board of Investment (BoI) speaking at a conference organised by the Institute of Chartered Accountants of Bangladesh (ICAB) at CA Bhaban in the city on Saturday, 23 February 2013. Md. Abdus Salam FCA, President-ICAB, Keynote speaker Anwaruddin Chowdhury FCA, Members Council & Past President-ICAB, Md. Motaher Hussain, Controller General Defence Finance, OCAG and Md. Matiul Islam FCA, Chairman, IIDFC were present on the occasion. Introduction of FRA wont contribute towards the Harmonization of Financial Reporting and Audit Practices in Bangladesh - Speakers at ICAB Members Conference stressed ICAB News Bulletin No. 280 February 2013 2 distinguished guests were also present in the conference. Samad said the recent experience of the global economic disorder around the world raises the awareness for us to think about Bangladesh Economy. In this situation, we need to think for the harmonization of International Financial Reporting and Audit Practices in Bangladesh more extensively. The objective of this harmonization is to establish the need of having such standards which can ensure the transparency in presentation of financial statements manifesting accountability and good governance in corporate sectors, he added. The BoI Executive Chairman further said that these are essential for all financial assets and liabilities for recognizing, measuring, and disclosing useful information of financial statements to the Government, Regulators and Stakeholders. He lauded the role of ICAB to get these standards by maintaining the process with the adoption of the ISA/IAS and IFRS. He opined that if ICAB performs its duty properly in practicing, controlling, monitoring and ensuring accountability in financial reporting and auditing, there is no need to form another accounting regulator body in the country. He hoped that the recommendations of this conference could help to harmonize the financial reporting and auditing practicing in the country. Md. Abdus Salam, President of ICAB in his welcome address said, at present, transparent, efficient and accountable financial statement on the part of all entities is expected for the economic growth of the country. He also said that, it is to be ensured compliance with the provisions of all applicable International Accounting and Auditing Standards and International Financial Reporting Standards in the preparation and presentation of the Financial Statements. He further mentioned that these standards are duly adopted by ICAB as BAS/BFRS and BSA. He said that harmonization through proper application of accounting and financial standards will ensure a comparable and fair presentation of the financial information and help decision maker in formulating economic policies. President-ICAB in his speech said that FRA is not only incomplete in itself, it is also contradictory and cant meet the very purpose of its formation. He also said that it is unnecessary and a step pursued without going into the depth of the problem. Md. Motaher Hussain said, Harmonization of Financial Reporting and Audit Practices could nurture the Financial Reporting Culture of Bangladesh and show a reliable way on how to produce transparent information which would ultimately help to take the appropriate economic decision needed for the country. He said that, public sector accountants and private sector accountants should work together and provide mutual cooperation for harmonization of financial reporting and audit practices in the country. Md. Matiul Islam FCA, Chairman, Industrial and Infrastructure Development Finance Company (IIDFC) Limited was present in the Members Conference as Session Chairman who summarized the session in a comprehensive manner. The Keynote speaker of the conference said harmonization of financial reporting and audit practices would enable multinational companies to obtain multiple listings in stock exchanges of different countries with less additional costs and regulatory compliance adjustments to their financial statements. He also said that harmonization of audit practices will enhance the credibility of the audit opinion and make more acceptable of the financial report. The Keynote speaker in his long deliberation concluded that any effort to form Financial Regulatory Council (FRC) and bring financial Reporting Act (FRA) would otherwise, increase the cost of doing business. It will hinder the growth of business, bring complexity in the system specially in the area of foreign investments. Dr. SA Samad Executive Chairman, Board of Investment (BoI) Md. Abdus Salam FCA President -ICAB Md. Motaher Hussain Controller General Defence Finance, OCAG Md. Matiul Islam FCA Chairman, IIDFC Anwaruddin Chowdhury FCA Past President & Council Member Keynote speaker ICAB News Bulletin No. 280 3 February 2013 Recent embezzlement of fraudulent activities alarmed us to be conscious about quality inspection of all the bank branches. The ICAB professionals will be instrumental to the Bangladesh Banks (BB) being procedural and evidence based reviewer, in minimizing the fraudulent activities and to ensure transparency and higher level of monitoring of the internal control system. ICAB President Md. Abdus Salam FCA hoped, while inaugurating training on IFRS Training for Bangladesh Bank Officials at CA Bhaban in the city on Sunday, 10 J anuary 2013. Deputy Governor, Bangladesh Bank Md. Abul Quasem was present as the Chief Guest in the occasion. Abdus Salam further said, CA firms also can play a significant role in auditing covering meticulous functions of the branches of the banks, adding the involvement of sufficient number of Chartered Accountants could scale up the true understanding of operation, thereby help towards minimizing relevant risks and stimulate the substantial revenue of banks. As Chief Guest, Deputy Governor said that, Accounting Professionals are playing major role in uplifting of our economy and consequently their activity definitely affects the economy. He further said, accounting language is guided and directed by concepts, conventions, GAAPs, IASs, IPSASs etc and professional accountants are the administrator of this language. So being regulatory body of financial sector, I hope the BB officials will be benefited through sharing knowledge with the highly trained ICAB Accounting Professionals. He also said that the BB is keenly interested to achieve advanced and pragmatic technical knowledge on accounting especially on IFRS and believes the training organized by ICAB for BB officials will meet the requirement banking regulation at large. A total of 35 Bangladesh Bank Senior Officials participated in the training organized by the Institute of Chartered Accountants of Bangladesh (ICAB). Topics ranging from Financial Reporting, Financial Statements, Accounting Policy, Statement of Cash Flow and Adaptation of International Financial Reporting Standards, etc. would be discussed on the 25-day training programme. ICAB Vice President Gopal Chandra Ghosh FCA, Past Presidents and Member Council Md. Syful Islam FCA, Md. Humayun Kabir FCA, distinguished ICAB members and senior BB Officials were present in the occasion. Training on IFRS for BB Senior Officials at ICAB begins CA professionals could be instrumental to realize the minimization of corporate frauds Bangladesh Bank Deputy Governor Md. Abul Quasem speaking as Chief Guest at the inaugural ceremony of a training on IFRS for Bangladesh Bank Officials at CA Bhaban in the city on Sunday evening, 10 January 2013. ICAB President Md. Abdus Salam FCA, other distinguished ICAB Members and BB Senior Officials were present on the occasion. M. Giasuddin Ahmed, Senior Vice President, Islami Bank Bangladesh Ltd. seen presenting a bouquet to ICAB President Md. Abdus Salam FCA on 10 February 2013 at CA Bhaban, Dhaka for being elected President, ICAB. While, ICAB Past President Md. Syful Islam FCA and Senior Deputy Director Mahbub Ahmed Siddique FCA were present. Giasuddin Ahmed made a request to ICAB President for banking with the IBBL and assure the best services for ICAB. Islami Bank officials meet ICAB President ICAB News Bulletin No. 280 4 February 2013 Dear Fellow Members, Assalamu Alaikum, Every year, 21st February is observed throughout the country to pay respect and homage to the sacred souls of the martyr's of Language Movement of 1952. Blood was shed on this day near Dhaka Medical College Hospital area to establish Bangla as the state language of Bangladesh. All subsequent movements including struggle for independence owe their origin to the historic language movement. The Shahid Minar is the symbol of sacrifice for the mother tongue. On 17 November 1999, UNESCO first proclaimed 21 February as the International Mother Language Day which was also formally recognized by the United Nations General Assembly in its resolution establishing 2008 as the International Year of Languages. It was the recognition of the sacrifice of our Martyrs for establishing Bangla as the State Language. Now International Mother Language Day is observed worldwide on 21 February to promote awareness of linguistic and cultural diversity and multilingualism. This year, UNESCO has chosen the theme of the day as Mother Tongue Instruction and Inclusive Education. UNESCO highlights the importance of Mother Tongue as part of the right to education and encourages its Member States to promote instruction and education in the Mother Tongue. We respectfully remember the contribution of language Martyrs and pray to Almighty Allah (SWT) for the salvation of their departed soul. Now, let me update you on some major activities accomplished and initiatives we have undertaken during February 2013. Major Activities in February 2013 Annual Picnic 2013 at Shabah Garden, Gazipur Dhaka Regional Committee (DRC) of ICAB organized its Annual Picnic 2013 on 01 February 2013. It was all fun and pleasure for all about 1200 Picnickers who were enthralled by the natural beauty of the venue Shabah Garden located some 63 km from Dhaka at Gazipur. It was a great chance to get away from our busy lives to take interval in the outdoors among professional friends, family members and colleagues. Picnickers spent their time with heart to heart conversations, small talks, games, sport, cultural activities, enjoy nature, great food and refreshments. I extend my warm appreciation to the members of the Dhaka Regional Committee for their relentless efforts and team works to make it a success. Roundtable Discussion on Restoration of Investors Confidence Chittagong Stock Exchange Ltd. (CSE) organized a Roundtable Discussion Meeting on Restoration of Investors Confidence at its Dhaka Office on 09 February 2013. Under the Chairmanship of Mr. Al-Maruf Khan FCA, President of CSE, leaders of different stakeholders Including myself and Mr. Md. Syful Islam FCA, IPP-ICAB, Mr. Faruk Ahmed Siddiqi, former Chairman of Bangladesh Securities and Exchange Commission, Mr. Kazi Akramuddin Ahmed, President of FBCCI, Mr. Nurul Amin, President of Association of Bankers, Bangladesh, Mr. Md Fayekuzzaman, Managing Director of ICB, Mr. Tapan Chowdhury, President of Bangladesh Association of Publicly Listed Companies participated in the discussion. Speakers observed that restoring the investors' confidence is the main task to stabilize the stock Market which is passing through hard times since the price debacle in 2011. They said policy implementation and its proper execution, strengthening the market regulator and ensuring transparency are the major tools to prop up the market. Mr. Faruk Ahmed Siddiqi, former Chairman of Bangladesh Securities and Exchange Commission (BSEC) commented that there is a shortage of skilled manpower in the Regulator, especially in the process of listing of new companies. To take part in the discussion, I added that there is no Chartered Accountant in the Regulator to scrutinize the financial statements of the companies. That's why companies can take premium on shares whatever they want and even, there is no Presidents Communication February 2013 ICAB News Bulletin No. 280 5 February 2013 committee on the issue in the BSEC. I urged to BSEC to take appropriate steps for strengthening the Investors confidence. Meeting on the Audit Work of LGSP II A meeting on the Audit work of LGSP-II was held on 9 February 2013 at ICAB Council Hall, CA Bhaban, Dhaka. Under the Chairmanship of Mr. Muhammad Farooq FCA, Vice President-ICAB, Team Leaders and Representatives from the Auditing and Reviewing CA Firms under Local Government Support Project (LGSP) II and Mr. Ajit Kumar Paul FCA, Sr. Audit Specialist, LGRD participated in the meeting. Vice President urged CA firms to improve the quality of Audit and follow the ToR of the Audit. Meeting decided on some issues like Uniform Bangla Reporting Format followed by BSA 800, Quality control of field works of the audit firms by ICAB, Working Paper of the LGSP-II audit, etc. Training on IFRS and IAS for BB Officials Inaugurated Inauguration Ceremony of Training on IFRS and IAS for Bangladesh Bank officials was held on 10 February 2013 evening. Mr. Md. Abul Quasem, Deputy Governor, Bangladesh Bank was present in the Inaugural Session as the Chief Guest. Mr. Abul Quasem in his speech opined that Accounting Professionals are playing major role in uplifting of our economy and consequently their activity definitely affects our economy. He also added that the Bangladesh Bank is keenly interested to achieve advanced and pragmatic technical knowledge on Accounting especially on IFRS and believes the training organized by ICAB for BB officials will meet the requirement of banking regulation at large. In my Inaugural Speech, I opined that recent embezzlement of fraudulent activities alarmed us to be conscious about quality inspection of all the bank branches. The ICAB professionals will be instrumental to the Bangladesh Bank being procedural and evidence based reviewer, in minimizing the fraudulent activities and to ensure transparency and higher level of monitoring of the internal control system. I drew attention to the Chief Guest that CA firms can also play a significant role in auditing covering meticulous functions of the branches of the banks, adding the involvement of sufficient number of Chartered Accountants could scale up the true understanding of operation, thereby help towards minimizing relevant risks and stimulate the substantial revenue of banks. ICAB, first time of its kind, are organizing this training program at ICAB Training Room (6 th Floor), CA Bhaban, Dhaka and it will continue till 28 March 2013. A total of 35 mid level Bangladesh Bank Officials including J oint Directors, Deputy Directors and Assistant Directors are participating in the training and 15 ICAB Trainers are taking the classes. Topics ranging from Financial Reporting, Financial Statements, Accounting Policy, Statement of Cash Flow and Adaptation of International Financial Reporting Standards, etc. will be discussed on the 25-days training programme. ICAB Vice Presidents Mr. Muhammad Farooq FCA and Mr. Gopal Chandra Ghosh FCA, Past Presidents Mr. Md. Syful Islam FCA, Mr. Md. Humayun Kabir FCA, Council Members, fellow members, and other distinguished ICAB Members and trainees of Bangladesh Bank were present on the occasion. Courtesy Call on Minister for Commerce, GoB A 4-Member ICAB team headed by myself called on Mr. Ghulam Muhammed Quader MP, Honble Minister for Commerce, GoB at his office at Bangladesh Secretariat, Dhaka on 12 February 2013. During discussion, I briefed the Honble Minister about ICABs latest improvements in terms of performance management, professional education & training, setting and ensuring the implementation of accounting & auditing standards, professional code of conduct and monitoring the overall quality assurance of the profession and looked for all sorts of cooperation from his end. I also briefed that ICAB welcomes proposed modifications in the existing Companies Act through the draft Companies Bill 2012 but we have strong recommendations to update the said draft Bill in certain areas specially the exclusion of formation of the National Financial Reporting Council. We are always eager to actively participate in sharing our opinion regarding the negative impact of forming the Financial Reporting Council and modification of the proposed Companies Bill to the best interest of our nation. I also added that ICAB is highly concerned about the recent proposition regarding the Financial Reporting Act 2010 which is incomplete and contradictory itself and unnecessary in present economic context of our country considering the cost of doing business and conflict with existing regulatory body. ICAB Council has the confidence and fervently expects an end to the enactment of the proposed Financial Reporting Act and formation of an additional regulatory body like Financial Reporting Council. Honble Minister gave his patient hearing and opined that formation of any new regulatory body which may create contradicts with other regulatory body(s) is not appropriate. He assured us that he will follow up this matter. Other members of the ICAB team were Member Council and Past Presidents Mr. Abbas Uddin Khan FCA, Mr. Md. Syful Islam FCA and Sr. Deputy Director (Technical)-ICAB Mr. Mahbub Ahmed Siddique FCA. Mr. Md. Showkat Ali Waresy, J oint Secretary, Ministry of Commerce was also present in the meeting. Meeting with Additional Secretary, MOC, GoB A 4-member ICAB team comprising of myself, Member Council and Past Presidents Mr. Abbas Uddin Khan FCA, Mr. Md. Syful Islam FCA and Sr. Deputy Director (Technical)-ICAB Mr. Mahbub Ahmed Siddique FCA met with Mr. Kamal Krishna Bhattacharyya, Additional Secretary, Ministry of Commerce in his office on 12 February 2013. During discussion, I drew attention that as per latest verdict of Honble High Court, all Amendments enacted after 1977 have been illegal. After that verdict, the Bangladesh Chartered Accountancy (Amendment) Ordinance 1977 (Ordinance No. LIV of 1977) and Ordinance No.IX of 86 of 1986 ICAB News Bulletin No. 280 6 February 2013 are also illegal which are urgently needed to protect. We submitted said Ordinance copy to Mr. Bhattacharyya and sought his urgent action on this matter. Mr. Bhattacharyya assured us that his Ministry will do appropriate action on this matter. Meeting with Articled Students Association Team An Articled Students Association Team led by its President Mr. Mashiur Rahman met with me in ICAB Office on 12 February 2013 evening and briefed different student related pending issues including - amendment proposal of Articled Students Association under Article 140 of ICAB Bye-Laws 2004, - increase ICAB subsidy for CA Hostel to meet the expenses, - increase number of attempts to create opportunities for more chances of Knowledge Level and Application Level students, - consider to allow Advance Stage(integration) and Case study exam at the same time, - problems of Articled Students at Mowla Mohammad & Co., and Idris Muhammad & Co., Chartered Accountants etc. I urged student leaders to uphold the image of the profession and assured them all import pending issues of CA students will be looked after appropriately from ICAB end. Courtesy Call on Chairman of NBR A 5-Member ICAB team headed by myself made a courtesy called on Mr. Md. Ghulam Hussain, Chairman, National Board of Revenue (NBR) in his office, Dhaka on 13 February 2013. While congratulating Chairman-NBR for his new responsibilities, I briefed the activities of ICAB to him and looked for all sorts of cooperation for our profession for the greater interest of the country. Chairman NBR welcomed ICAB team and gave emphasis for strengthening the cooperation between ICAB and NBR especially Annual National Budget preparation work, recovery of Govt. revenue, extension of tax umbrella etc. During discussion, I also assured that ICAB is very much vigilant to maintain compliance of all CA firms and disciplinary actions are taking against all non-compliant CA firms. After ending meeting with the Chairman- NBR, ICAB team also met with Mr. Md. Alauddin, Member, Taxes Survey and Inspection, NBR and discussed about the progress of ongoing training for Tax Officials by ICAB and strengthening professional cooperation with NBR. We invited Mr. Md. Ghulam Hussain and Mr. Md. Alauddin to be the Chief Guest and Special Guest for an ICAB CPD Seminar on Transfer Pricing expected to be organized at the 2 nd week of March 2013 in ICAB and they kindly accepted our invitation. Other members of ICAB team were Vice President Mr. Muhammad Farooq FCA, Past Presidents & Council Members Mr. Md. Humayun Kabir FCA and Mr. Md. Syful Islam FCA and Senior Deputy Director (Technical) Mr. Mahbub Ahmed Siddique FCA. Meeting with Daily Prothom Alo Editor I met with Mr. Motiur Rahman, Editor, Daily Prothom Alo in his office on 16 February 2013 and exchanged views on the fire safety measures of the CA Bhaban. I appraised the Editor about recent achievements of ICAB and its ongoing activities for professional development. I also enquired about the health condition of Mr. Motiur Rahman as he came under attack by some unidentified miscreants a few days before and expressed satisfaction to Almighty Allah (SWT) for his early recovery. Results of Professional Exam Published Results of CA Professional Examinations held on November-December 2013 were published on 17 February 2013. A total number of 40 candidates qualified in Professional Examination Level-III (under old syllabus) and 04 candidates qualified in Advanced Studies (Case Studies) to become Chartered Accountants. Besides, large number of students also qualified partly in different level of examinations. Warm congratulations to all qualified and partly qualified students. Summary results are given below: Level Appeared Successful Partly passed Professional 214 40 54 Examination Level-III Advanced (Case Study) 10 4 0 Advanced(Integration) 30 8 15 Application 995 35 471 Knowledge 4256 280 1274 We are trying our best to improve the quality of education and I request the students to give focus more on studies. I hope newly qualified members are going to take our legacy ahead. Observance of International Mother Language Day Like every years, ICAB observed Mohan Antorjatik Matrivasha Dibash with due solemnity and homage to the Martyrs of the Language Movement. In the early morning of 21 February, I inaugurated the ICAB Provat Ferry procession in front CA Bhaban, Dhaka. Large number of ICAB members including Mr. Dewan Nurul Islam FCA, Member Council-ICAB and student leaders of BCACP took part in the procession and placed floral bouquet at Cental Shaheed Minar in Dhaka. Members Conference on Harmonization of Financial Reporting and Audit Practices: Bangladesh Perspective First Members Conference for 2013 on Harmonization of Financial Reporting and Audit Practices: Bangladesh Perspective was held at CA Bhaban, Dhaka on 23 February, 2013, Organized by ICAB, Dr. S A Samad, Executive Chairman, Board of Investment (BoI) graced the occasion as the Chief Guest while Mr. Md. Motaher Hussain, Controller General Defense Finance, (OCAG) was present as the Special Guest. Mr. Md. Matiul Islam FCA, Chairman, IIDFC summing up the session as the Session ICAB News Bulletin No. 280 7 February 2013 Chairman and Mr. Anwaruddin Chowdhury FCA, Member Council & Past President ICAB presented the thought provoking Keynote paper in the seminar. In my address of welcome, I urged to ensure compliance with the provisions of all applicable IAS/IFRS and ISA in the preparation and presentation of the Financial Statements. ICAB duly adopted these standards as BAS/BFRS and BSA. Harmonization through proper application of accounting and financial standards will ensure a comparable and fair presentation of the financial information and help decision maker in formulating economic policies. I drew attention to the gathering that FRA is not only incomplete in itself, it is contradictory and cannot meet the very purpose of its formation. it is unnecessary and a step pursued without going into the depth of the problem. Chief Guest Mr. S A Samad in his speech said the recent experience of the global economic disorder around the world raises the awareness of the recent trend of Bangladesh Economy. In this situation, Harmonization of International Financial Reporting and Audit Practices in Bangladesh is the significant issue to be considered more extensively. He also added that the objective of this harmonization is to establish the need of having such standards to ensure the transparency in presentation of financial statements to promote accountability and good governance in corporate sectors. The BoI Executive Chairman further said that these are essential for all financial assets and liabilities for recognizing, measuring, and disclosing useful information of financial statements to the Government, Regulators and Stakeholders. He also lauded the role of ICAB to get these standards by maintaining due process with the adoption of IAS/IFRS and ISA. He also opined that if ICAB performs its duty properly in practicing, controlling, monitoring and ensuring accountability in financial reporting and auditing, there is no need to form another accounting regulator body in the country. He hoped that the recommendations of this conference may help to harmonize the financial reporting and auditing practices in the country. Mr. Md. Motahar Hussain said, Harmonization of Financial Reporting and Audit Practices could nurture the Financial Reporting Culture of Bangladesh and show a reliable way on how to produce transparent information which would ultimately help to take the appropriate economic decision needed for the country. He also added that both public and private sector accountants should work together like handing gloves and provide mutual cooperation for harmonization of financial reporting and audit practices in the country. Mr. Anwaruddin Chowdhury in his Keynote speech said that harmonization of financial reporting and audit practices would enable multinational companies to obtain multiple listings in stock exchanges of different countries with less additional costs and regulatory compliance adjustments to their financial statements. He also said harmonization of audit practices will enhance the credibility of the audit opinion and make more acceptable of the financial report. Mr. Chowdhury in his long deliberation concluded that any effort to form Financial Regulatory Council (FRC) and bring financial Reporting Act (FRA) will otherwise increase the cost of doing business. It will hinder the growth of business bring complexity in the system specially in the area of foreign direct investment (FDI). Mr. Md. Matiul Islam FCA, Chairman, Industrial and Infrastructure Development Finance Company (IIDFC) Limited summing up the session in a comprehensive manner. Good number of members attended the seminar and many of them participated in the floor discussion. Meeting with President, Chittagong Stock Exchange Mr. Mohammad Al Maruf Khan FCA, President of Chittagong Stock Exchange (CSE) paid a courtesy call with President ICAB in ICAB office on 26 February 2013. I welcomed Mr. Khan and congratulated him for become the President of CSE for second consecutive term. We discussed different professional issues including Capital Market Development in Bangladesh. During discussion, CSE President showed his keen interest to work together with ICAB. He added that CSE is interested to frame and develop a web based customized software to analyze financial statements of listed entities and entities interested to be listed under DSE and CSE. He explained that listed entities usually publish interim (quarterly & half yearly) and Annual Financial Statements and send it to DSE, CSE, BSEC. These statements are reviewed by two stock exchanges by their own resources manually which requires more time. Sometimes, market players spread some manipulated information based on this interim and Annual Financial Statements which directly hit the market price of concerned shares. To ensure fare presentation, transparency and quality of financial statements of listed entities, CSE proposed ICAB to work together to frame and develop a web based software for analyzing financial statements. This proposed software will be able to analyze sales, various variables of financial statements such as Gross Profit Margin, Operating Profit, Earning Per Share (EPS) of the financial performance and positions which will help to identify authenticated information presented in the financial statements. We welcomed this proposal of CSE President. Meeting decided that a joint Working Committee will be formed comprising of Expert Representatives from ICAB and CSE along with IT expertise who will prepare a framework on this project. A MoU between ICAB and CSE may be signed in this regard in near future. I hope that this collaboration will be a great achievement of countrys two regulatory bodies to ensure investors confidence in the capital market. Mr. Muhammad Farooq FCA, Vice ICAB News Bulletin No. 280 8 February 2013 President-ICAB, Mr. Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB and Mr. Md. Nasrat Hasan, Deputy Secretary-ICAB were present from ICAB in the meeting. Mr. Md. Ghulam Faruque, DGM and Mr. Adil Ahmed, Assistant Manager of CSE were also present in the meeting. Members Conference on Harnessing Technology in CA Firms Held ICAB organized a Members Conference titled Harnessing Technology in CA Firms on 27 February 2013 at ICAB Auditorium, CA Bhaban, Dhaka. Mr. Guru Parasad, Partner, Guru and J ana, Chartered Accountants, India presented Keynote Paper while Mr. Anwaruddin Chowdhury FCA, Member Council & Past President-ICAB and Director, CAPA Board conducted the seminar as Session Chairman. Mr. Guru Prasad in his presentation described how to use the new information technology in CA Firms and projected some common delivery models for many business applications like customer Relation Management (CRM), Management Information Systems (MIS), Enterprise Resource Planning (ERP), Invoicing, Human Resource Management (HRM), Content Management (CM) and Service Desk Management. He explained the need of technology solutions in CA Firms and Audit offices. He also discussed some points before using the new technology in office work so that the compilation of information could be done in effective manner which would ensure transparency in the financial reporting and auditing. In my address of welcome, I gave emphasis that by adopting modern technology, we not only save time and money in management control activities, but also make the auditor report easier to the management. I also added that failure to use technology or poor use of technology by the management causes delay or denial. This ultimately leads inefficiency and harbor fraudulence knowingly or unknowingly. So it is a compulsion that we harness technology in our doorstep every affair of accounting and auditing. In the wake of global financial melted down, immediate effort should be taken to harness the technology to ensure our growth. Mr. Anwarudin Chowdhury in his concluding remarks opined that the world has become a global village due to advancement of information technology and adaptation of technology would make the job of CA Firms easy and more compatible in global perspective. A good number of members attended the seminar and many of them participated in the floor discussion. Mr. Md. Syful Islam, IPP-ICAB Participated Live TV Talk Show at RTV Mr. Md. Syful Islam FCA, Immediate Past President-ICAB participated live Talk Show Program Share Bazar O Apnar Jiggasha on 27 February 2013 night at RTV. Topic of the Talk Show was Role of Institutional Investment to ensure stable Share Market (Share Bazare Isthetishilota Dore Raktey Prathisthanik Biniyog Er Vumika). Under the presentation of Syed Ashique Rahman, Dr. Mohammad Helal, Economist and two other eminent personalities also took part in the Talk Show. Mr. Syful Islam loudly expressed the role of Chartered Accountants to improve development of Countrys Capital market and ensure confidence among investors. He also replied some questions received by telephone regarding the topic. Comments of Members on Presidents Communication - January 2013 on Action Plan: (a) Mr. Jyotish Mandal FCA, Finance Manager of Transcom Beverages Ltd vide his e-mail of 6 March 2013 sent following comments: I am very happy to see your detailed plan for 2013. Would more happy if you have some plan on IT activities for members. You are aware that recently lot of CAs qualified which is more than market demand as a result our young CAs are now struggling to get a good job in BD. Since supply of CAs are more than BD market demand, we shall have a plan for foreign employment. To arrange employment outside BD we shall be strongly IT enabled. If ICAB can arrange training on SAP (certified consultant course) for our members we will be able to get very good job in abroad. Indian institute arranged this training for their members at a cost of Rs. 95,000. Our Institute is requested to think on my proposal. (b). Mr. Mahfuz Khalili FCA, Senior Manager, Business Intelligence and Data Warehouse, Deloitte & Touche LLP, Canada vide his e-mail of 6 March 2013 commented: This is a very good proposal. Professional organizations should continuously provide the members technical and soft skills necessary to keep the members employable and competitive all the time. (c). Mr. Md. Abu Kawsar ACA opined vide his e-mail of 7 March 2013: This is a first rated proposal indeed ! Standing and Other Committee Meetings The following meetings of Standing Committees were held in February, 2013: Standing Committees 1 st Meeting for Examination Committee of Council-ICAB was held on 17 February, 2013 at 12.00 PM; 3 rd Meeting for 2013 of the Council-ICAB was held on 17 February 2013 at 1.30 p.m. With the best of regards, as always, Md. Abdus Salam FCA President-ICAB ICAB News Bulletin No. 280 9 February 2013 A four-Member ICAB team headed by Md. Abdus Salam FCA, President-ICAB paid a courtesy call on Ghulam Muhammed Quader MP, Honble Minister for Commerce, GoB at his office at Bangladesh Secretariat, Dhaka on 12 February 2013. During discussion, The ICAB delegation discussed about the roles that ICAB is playing to improve the accounting and auditing standards, best practice in financial reporting and governance, ethical issues, code of conduct in professional education & training, setting and ensuring the implementation of accounting & auditing standards and monitoring the overall quality assurance of the profession. They sought all out cooperation from the minister. They also welcomed proposed modifications in the existing Companies Act 2012. However, the ICAB team proposed some recommendations to update the said draft Bill in certain areas, particular the exclusion of formation of the National Financial Reporting Council from the Draft Act. The team also said the ICAB is concerned about the recent proposition regarding the Financial Reporting Act 2010 which is incomplete and contradictory and unnecessary in present economic context of our country considering the cost of doing business which would bring conflict with existing regulatory body. They also discussed that formation of an additional regulatory body like Financial Reporting Council, is unnecessary as the ICAB is playing that roles, already. Honble Minister patiently heard the opinion and expressed his assertiveness for not said that forming any new regulatory body which might create contradiction with other regulatory body(s). He assured that he would look into the matter. ICAB Team meets Commerce Minister A 4-Member ICAB team headed by Md. Abdus Salam FCA, President-ICAB met Ghulam Muhammed Quader MP, Honble Minister for Commerce, GoB at his office, Bangladesh Secretariat, Dhaka on 12 February 2013 and discussed on various professonal issues including proposed FRA 2010. Other members of the delegation were Member Council and Past Presidents Abbas Uddin Khan FCA, Md. Syful Islam FCA and Sr. Deputy Director (Technical)-ICAB Mahbub Ahmed Siddique FCA Showkat Hossain FCA, Vice President-ICAB along with other Members of Chittagong Regional Committee (CRC)-ICAB pictured to pay homage to the martyrs of Ekushey February by placing floral wreaths at the Shaheed Minar in the city Chittagong. The Institute of Chartered Accountants of Bangladesh (ICAB) team placed floral wreaths at C e n t r a l S h a h e e d Minar in observance of International M o t h e r Language Day and Language Martyr Day on Thursday, 21st Febraury 2013. 'Amar Ekushey' and International Mother Language Day was observed across the country paying homage to the martyrs of glorious language movement in 1952 and expressed solidarity with thousands of people of all levels who brought out a mourning procession singing 'Amar Bhaiyer Rakte Rangano Ekushey February, Ami Ki Bhulite Pari.". ICAB observes International Mother Language Day CRC-ICAB observes International Mother Language Day ICAB President, amongst other attended this auspices program ICAB News Bulletin No. 280 10 February 2013 The members, employees of the Institute of Chartered Accountants of Bangladesh (ICAB) and their spouse and children passed a joyful and cheerful day at Sabah Garden, Bagher Bazar, Gazipur on Friday, 1st February 2013 as the annual picnic of ICAB Dhaka Regional Committee was held there amid full enthusiasm, cultural bonanza and sports activities. It was a day of pleasure and fun for about hundreds of picnickers. They immensely enjoyed the warmth and beauty of the nature. The children along with their parents were in great delight as they participated in the games and sports arranged at the picnic spot. Everyone looked absolutely contents and happy while returning back from the picnic. Every year, ICAB Dhaka Regional Committee arranges the picnic to keep them away from the monotonous routine of daily hustle and bustle of city life. DRC-ICAB Annual Picnic-2013 Md. Abdus Salam FCA, President-ICAB inaugurated the annual picnic of Dhaka Regional Committee (DRC) by releasing balloons at Sabah Garden, Gazipur on 01 February 2013 Two meetings on LGSP - II Audit were held on 9 and 11 February 2013 at CA Bhaban, Dhaka with the presence of Team Leaders and Representatives of CA Firms assigned to auditing and reviewing of Union Parishads under LGSP - II. It is mentioned that ICAB signed an MoU with the Ministry of LGRD in terms of monitoring the quality of audit. Accordingly the Institute has assigned its team to work for the improvement of the quality of audit under LGSP-II. The meeting emphasized for appointment of one dedicated CA Professional for this assignment as per the terms of MoU. The institute currently has four CAs who are working on various issues including the quality control of the firms as well as the quality of the LGSP-II Audit. However, appointment of a dedicated CA Professional is under active consideration of the Institute. Mohammad Farooq FCA, Vice President and Council Member of the Institute chaired the meeting. Council member Masih Malik Choudhury FCA joined the meeting. Iftekhar Hossain FCA, Kazi Mostafa Alam FCA and Enamul Haque Choudhury FCA from the reviewer firms and Abul Kashem FCA, J C Biswas FCA from the auditing CA Firms were present in the meeting. Ajit Kumar Paul FCA, Sr. Audit Specialist, LGRD also joined the meeting and gave his valuable suggestions in various aspects of LGSP - II audit. Mr. Farooq urged to work vigorously for the improvement of the quality of audit and requested the CA Firms to follow the requirements of the ToR. The meeting discussed on the uniform Bengali reporting format and three sets of Bengali reporting formats from A. Hoque & Co., Rahman Kashem & Co. and Saha Mazumder & Co. which were provided and given to the Reviewer CA Firms S. F Ahmed & Co. and Rahman Mostafa Alam & Co. for finalizing the uniform set of reporting format by 11 Feb 2013. It was also decided that the audit report is to be as per the translation of the latest BSA 800. LGSP meeting held CA Firms requested to follow the ToR Muhammad Farooq FCA, Vice President-ICAB presiding over LGSP meeting held at CA Bhaban, on 9 February 2013. ICAB News Bulletin No. 280 11 February 2013 CSE to work with ICAB for development of IT based capital market Mr. Mohammad Al Maruf Khan FCA, President of Chittagong Stock Exchange (CSE) paid a courtesy call on Md. Abdus Salam FCA, President ICAB at CA Bhaban on 26 February 2013. They discussed different professional issues including Capital Market Development in the country. CSE President expressed his keen interest to work with ICAB for framing and developing a web based customized software to analyze financial statements of listed entities and entities interested to be listed under DSE and CSE. He explained that the listed entities usually publish their interim (quarterly & half yearly) and Annual Financial Statements and send it to DSE CSE, BSEC respectively. These statements are reviewed by two stock exchanges by their own resources manually which is time consuming. Sometimes, market players manipulate information based on the interim and Annual Financial Statements influencing the market price of concerned shares. The proposed software will be able to analyze sales, various variables of financial statements such as Gross Profit Margin, Operating Profit, Earning Per Share (EPS) of the financial performance and positions in a few minutes which would help to identify authenticated information presented in the financial statements. ICAB President welcomed the proposal of CSE President. They decided that they would form a joint Working Committee comprising of Expert Representatives from ICAB and CSE along with IT expertise to prepare a framework on this project. A MoU between ICAB and CSE might be signed in this regard in coming days. Muhammad Farooq FCA, Vice President-ICAB, Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB, Md. Ghulam Faruque, DGM and Adil Ahmed, Assistant Manager from CSE were also present in the meeting. ICAB President meets Prothom Alo Editor ICAB President Md. Abdus Salam FCA met the Daily Prothom Alo Editor Motiur Rahman at latters office on 16 February 2013. President- ICAB inquired about his health condition as he met an unfortunate incident few days ago. Abdus Salam also exchanged views with the Editor on the fire safety measures of the CA Bhaban. He appraised the Editor on ICABs recent achievements and work for the country, beside its activities for professional development. The Editor expressed his gratitude to ICAB President for paying visit to him. The team comprising of ICAB President, Vice President Muhammad Farooq FCA, Past Presidents & Member Council Md. Humayun Kabir FCA, Md. Syful Islam FCA and Senior Deputy Director (Technical) Mahbub Ahmed Siddique FCA met Ghulam Hussain NBR Chairman at latters office on 13 February 2013. Md. Abdus Salam FCA, President- ICAB briefed the activities of ICAB to Ghulam Hussain, newly appointed Chairman, National Board of Revenue (NBR). Abdus Salam congratulated Hussain for his new assignment. President sought his cooperation for the development of CA profession. The Chairman-NBR assured of all out help for strengthening cooperation between ICAB and NBR especially during preparation of the National Budget, recovery of Government revenues, extension of tax net etc. During the discussion, the President-ICAB assured that ICAB would remain vigilant to maintain compliance of all CA firms and take disciplinary actions against all non-compliant firms, once proved. After the meeting, the team also met Md. Alauddin, Member Taxes Survey and Inspection, NBR and discussed about the progress of ongoing training for Tax Officials by ICAB and other related issues for strengthening professional cooperation with NBR. President invited Md. Ghulam Hussain and Md. Alauddin to be the Chief Guest and Special Guest respectively to an ICAB CPD Seminar on Transfer pricing expected to be held sometimes in March 2013 at ICAB, CA Bhaban. ICAB team meets NBR new Chairman The Institute of Chartered Accountants of Bangladesh (ICAB) organized its members conference on Harnessing Technology in CA Firms on Wednesday, 27 February 2013 at CA Bhaban in the city. Guru Parasad M, Partner, Guru and J ana, Chartered Accountants, India presented Key-note paper on the conference while Anwaruddin Chowdhury FCA, Past President & Council Member, ICAB and Member, CAPA Board conduct the conference as Session Chairman. Guru, the Key-note speaker stressed the need of Technology solutions in CA Firms and Audit offices. He said that we should structure our organization effectively and indulge economy at work keeping mind about profitability of the organization. In the conference, Parasad reminded some points before using the new technology in office work, so that the compilation of information could be done to ensure transparency in the financial reporting and auditing. The Key-note speaker elaborated on the implementation new information technology in CA Firms. In his long deliberation, he tried to project some common delivery models for many business applications like Customer Relationship Management (CRM), Management Information Systems (MIS), Enterprise Resource Planning (ERP), Invoicing, Human Resource Management (HRM), Content Management (CM) and Service Desk Management. The Key-note speaker suggested that, as the adoption of new information technology is expensive, the smaller firms should consolidate with bigger firms to form network among themselves, which are essential for doing day to day work of CA firm in the competitive global business and these would otherwise, reduce the cost of doing business.He said that it might not always be feasible to adopt technology as the organization would not always be ready with the resources or skilled staff. He also added that compliance with changing modern technology should be an auditing goal at the end of everything. Md Abdus Salam FCA, President-ICAB in his welcome address said that by adapting with the modern technology, we not only save time and money in management control activities, but also make the auditor report easier to the management. He also said that failure to use technology or poor use of technology by the management causes delay or denial towards the demand of the stakeholders rights. This ultimately leads inefficiency and harbour fraudulence knowingly or unknowingly. So it is a compulsion that we harness technology in our doorstep every affair of accounting and auditing. He further said that in the wake of global financial melted down; immediate effort should be taken to harness the technology to continue and contain our growth. Session Chairman, Anwarudin Chowdhury FCA summarised the session with his own version of thought provoking remarks blended with his experience and wisdom and said that the world has become a global village due to the advancement of information technology, if we do not utilise the technology, we shall fall behind. Adaptation with the technology would make the job of CA Firms easy and more compatible in global perspective and time has come for us to acknowledge that and act accordingly, he reminded at the end. ICAB News Bulletin No. 280 12 February 2013 Harnessing Technology in Accounting and Auditing is Compulsion not a Choice - Conference at ICAB observes Md. Abdus Salam FCA, President-ICAB speaking at the conference on Harnessing Technology in CA Firms organised by ICAB at CA Bhaban in the city on Wednesday, 27 February 2013. Guru Parasad M, Partner, Guru and Jana, Chartered Accountants, India presented Key-note paper and Anwaruddin Chowdhury FCA moderated the conference. Mahbub Ahmed Siddique FCA joins ICAEW Tutor Conference in UK Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB attended ICAEW Annual Tutor Conference on 01 February 2013 at Chartered Accountant Hall, Moorgate place, London, UK. As per schedule, Siddique attended ISA implementation Group meeting and other meetings/sessions of ICAEW in London. He also joined ISA implementation meeting at Bakertilly Office, Farringdon, UK ICAB. After being ICAEW Learning Partner and ACA Tuition Provider for the first time, if sent her representative to ICAEW Annual Tutor Conference in response to the invitation from the ICAEW. This Conference was a rare opportunity to meet ICAEW Examiners and to see how the ICAEW Advanced Stage papers are marked. Earlier, he left for London on 26 J anuary 2013 to join the ICAEW Tutor Conference. Guru Parasad M Paper Presenter Md Abdus Salam FCA President-ICAB Anwarudin Chowdhury FCA Past President & Council Member Session Chairman ICAB News Bulletin No. 280 13 February 2013 A Good Number of CA Students Qualify in Final Exams The November-December 2012 ICAB Professional Examinations saw a good number of students qualifying their final exams. As many as 44 students passed in their Final Examinations and qualified to be eligible for the membership of ICAB. Results of these examinations were published recently. The members of the Editorial Board-ICAB congratulated the successful candidates and wished them all success in their future endeavours. It is noteworthy that in the new syllabus, 04 (four) candidates namely Sujan Kumar Saha, Tamara Hussain, Sarker Nahidul Islam & Sabiha Yeasmin have passed Advanced Stage (Case Studies) successfully. ICAB Management & Editorial Board congratulated them for their achievement. Sujan Kumar Saha Tamara Hussain Sarker Nahidul Islam Sabiha Yeasmin Shaju Barua Trishit Chowdhury Rubiya Akter Md. Ariful Islam Md. Kamal Hossain Joydeb Dutta Abu Nasser Maniruzzaman Sardar Md. Shahazul Islam Md. Enamul Hasan Badal Kumar Nath Shabbir Juzer Md. Moazzem Hossain Faiz Ahmed Mohammad Mohasin Khan ICAB News Bulletin No. 280 14 February 2013 Nishi Kanti Dey Manik Majumder Mohammad Shakawat Hossain Bhuyan Anup Kumar Sarker Muhammed Omar Faruk Ripon Dipankar Chandra Ghosh Mohammad Shah Alam Uttam Kumar Nandy Baidda Nath Saha Pijush Kumar Chakroborty Md. Amran Hossan Sujoy Kumar Biswas Mezanoor Rahman Mohammed Abdul Alim Sukanta Bhattacharjee Md. Akizur Rahman Md. Ahsan Ullah Farjana Yeasmin Pinto Kumar Saha S. M. Tauhidul Islam Mesbah Uddin Mithun Chandra Pal Md. Abdus Satter Sarkar Sultan Moheuddin Mahamudunnabi ICAB News Bulletin No. 280 15 February 2013 Professional Stage-Knowledge Level SL No. Reg No. Name of Candidates Roll No. 1 16289 Ahmed Reza Rafey 333 2 10400 Md. Ershad Hossain Chowdhury 363 3 10455 S M Mostafijur Rahman 371 4 15377 Mohammad Istiak Uddin 429 5 18947 Mohammad Shah Aziz 447 6 19196 Md Rashid Minhaz 459 7 11174 Zonaid Hossen Talukder 516 8 5713 Mahbubur Rashid 534 9 9722 Nusrat J ahan 639 10 17940 Md. Rafiqul Khayr 645 11 13008 Md Fokhro Uddin 646 12 5866 Md. Mashiur Rahman Khan 649 13 19079 Piblo Barua 654 14 18860 Md Abdullah J alal Uddin 656 15 17446 Minhazul Hoque 664 16 19095 Thauhidul Alam 671 17 16752 Austin Rozario 672 18 7281 Nipur Chowdhury 674 19 16565 Ahmed Talha Mobashsher 677 20 14536 Zahibul Huq Chowdhury 679 21 14584 Mohammed Nazim Uddin 690 22 15750 Sagar Barua 705 23 9264 Sonjoy Prasad Mallick 707 24 15011 Subarna Anwar 711 25 20370 Md. Afzal Hossain 784 26 20388 Golam Sadak Khondakar 809 27 20387 Md Arif Hossain 812 28 20374 Md Mustaq Ahmed 891 29 18627 Mohammad Abu Sayam 1154 30 10916 Mahbub Ullah 1212 31 9579 Mohammad Zahirul Haque 1225 32 11452 Md. Abdur Rouf 1226 33 10211 Mohammad Azizul Hoque 1227 34 13641 Mohammad Rahad Husain 1234 35 8669 K.M. Mohiuddin Ahmed 1242 36 12695 Md. Anowar Hossain 1253 37 12141 Md. Shahadat Hossain 1255 38 12167 Pranjit Paul 1277 39 11525 Muhammad Mahfuzur Rahman 1281 40 10702 Shyamal Krishna Mazumder 1284 41 11038 Mohammad Nazmul Islam Mullah 1339 42 6654 Hari Kishore Datta 1340 43 19709 Mohammad J onayed Khan Chowdhury 1342 44 18617 Md. Faisal Ahmed 1343 45 12781 Chandana Modok 1345 46 9647 Shyamol Roy 1347 47 18888 Hannan Molla 1349 SL No. Reg No. Name of Candidates Roll No. 48 6060 Mohammad. Golam Murtuza 1352 49 3305 Md Hamidul Islam 1353 50 13307 Rumen Chandra Das 1354 51 11341 Mazid Ahmed 1355 52 13391 Md. Mostofa Kamal 1361 53 16151 Shoeb Ahmed 1362 54 4257 Gazi Md. J ahangir Hossain 1363 55 9990 Mohammad J abed Ullah 1374 56 10069 H. M. Saroyar 1375 57 9992 Md. Abdullah Faruque 1378 58 12301 Pinaki Basak 1408 59 6231 Md. Asaduzzaman Khan 1455 60 8276 ABM Mostofa Tamal 1458 61 13502 Md. Sarwar-e-Alam 1465 62 9222 Mohammed J asim Uddin 1468 63 18163 Zahir Ahamed 1473 64 19586 Saleh Ahmmed 1474 65 5042 C.A.H.M. Enayet Ullah 1476 66 17880 Nasrina Islam Sabia 1493 67 18976 Mohammad Ebadul Islam 1515 68 17115 Wahida Sharmin 1525 69 16776 Nurun Nahar Kanta 1541 70 12737 Md. Kamruzzaman 1543 71 16436 Md Ashaduzzaman Bhuiyan 1546 72 19139 J annat Ara 1547 73 14896 Lavlu Chandra Roy 1550 74 19307 Budrun Nahar 1557 75 19044 Md. Fazlay Elahi 1562 76 18235 Gauranga Saha 1566 77 19693 Moinul Islam 1602 78 19688 Sirajam Munira Binte Yusuf 1638 79 6489 Md. Nazmul Arefin 1743 80 16443 Koushik Saha 1797 81 19183 Sagar Chandra Biswas 1984 82 17290 Sunjida J ahan Pushan 2339 83 13349 Shahinur Rahman 2374 84 3604 Md. Rabiul Alam 2405 85 17151 Muhammad Mustafa Munim 2444 86 17892 Faseeha Islam 2465 87 19570 Bhola Nath kundu 2466 88 19540 Md Rezaul Islam 2473 89 13895 Md Rezaul Amin Bhuiyan 2474 90 16795 Owal Emamul Islam 2495 91 9914 Md Ruhul Amin 2532 92 19823 Shahriar Ahsan Ahmmed 2536 93 19524 Golam Morshed 2786 94 19723 Pinkon Saha 2886 95 19534 Sharmin Sultana 3008 96 19012 Barisha Rabbe 3228 97 19619 Ehsanul Muneem 3535 In pursuance of Section 123 of the Bangladesh Chartered Accountants Bye-law 2004, the Council of the Institute of Chartered Accountants of Bangladesh (ICAB) declared the following results of the Professional Stage (Knowledge Level) and Professional Stage (Application Level) exams of the Institute held in November-December 2012. Results of Professonal Stage Knowledge & Application Level Exams Published ICAB News Bulletin No. 280 16 February 2013 SL No. Reg No. Name of Candidates Roll No. 98 18440 H M Sarwar Maruf 3543 99 13648 Ahmmad Mahbub Karim 3601 100 10822 Mohammad Mahamudul Haque 3602 101 17927 Md. Mahbubur Rahman 3603 102 14001 Md. Khan Sabbir Enam 3604 103 19246 Md Arifur Rahman 3612 104 10129 Suman Saha 3617 105 13653 Abu Hayet Mohammad Kamal 3623 106 11775 Md. Tarequl Kabir 3626 107 19169 Ankhi Akter 3630 108 9998 Md Kamal Uddin 3652 109 9218 Muhammad Mahfuzur Rahman 3656 110 17803 Md Delwar Hossain 3668 111 19153 Md. Nizam Uddin 3672 112 3940 Md. J oynal Abedin 3678 113 11938 H M Masud Hasan 3688 114 3327 Md. Mozammel Hossain Khan 3692 115 13073 Utpal Chandra Paul 3694 116 19722 Afsana Akhter Chisti 3700 117 16826 Taslima Akter Khanam 3740 118 18048 Md. Abu Osman Shuvo 3753 119 19835 Syed Mehedi Hasan 3754 120 14416 Tirtha Sarathi Ghosh 3756 121 16267 Md Zakaria Ibney Mostafa 3757 122 10301 Anower Ul Azim 3758 123 10890 Md Azizur Rahman 3759 124 19243 Md Sazzadul Islam Molla 3761 125 10163 Khabir Uddin 3767 126 5351 Muhammad Hafijur Rahman 3775 127 18819 Sajib Kumar Das 3776 128 16124 Md Ferdous Habib Khan 3784 129 18427 Md. J akim Hossain 3785 130 11840 Mohammad Shahidullah 3792 131 15742 Md Atiqur Rahman 3804 132 16508 Dhananjoy Saha 3806 133 16449 Suman Chandra Das 3807 134 18049 Asaduzzaman Biswas 3813 135 5336 Shamiur Rahaman 3816 136 12220 Md. Abdul Matin 3827 137 17942 Md. Kamal Hossain 3832 138 11920 Md Atawur Rahman 3837 139 19177 Md. Manjur Murshid Khondaker 3838 140 17610 Papiya Khatun 3840 141 17994 Souman Roy 3841 142 15142 Mohammad J ahirul Islam 3845 143 17888 Kazi Nasib Ahmed 3851 144 15224 Muhammad Masud Rana 3866 145 14266 Abdullah Al Mamun 3874 146 11570 Safiqul Islam 3877 147 19207 Md. Sabur Hossain 3878 148 18669 Md. Ashraful Alam 3894 149 17982 Md. Rasel Ahmed 3896 150 15351 Kuddus Ali 4001 151 14601 Muhammad Robiul Islam 4002 152 17910 Asif Reza Khan 4143 SL No. Reg No. Name of Candidates Roll No. 153 12346 Liton Chandra Bishwas 4155 154 12118 Md Kamal Uddin Bhuiyan 4164 155 11091 Mohammad Manik Sarkar 4248 156 18308 Mohammad Ahshan Habib 4261 157 6445 Mohammad Shanewyaz Munshe 4262 158 10011 Mahmud Kaiser 4288 159 13611 Helen Kujur 4290 160 12977 Md Mohasin 4355 161 18862 Nupur Majumdar 4375 162 12310 Poly Begum 4380 163 13364 Md Sabbir Ahmed 4392 164 17657 Sahela J ahan Rinti 4400 165 6589 Mohammad Shazzad Hossain 4407 166 17165 Md Abu Salek Mahmud 4434 167 18046 Muhammad Al Mamun 4436 168 18273 Md. Naimul Islam 4479 169 17090 Md. Awlad Hossain 4501 170 7698 Md Anishur Rahman 4502 171 15711 Md Kawsar Ahmed Mozumdar 4506 172 17692 Sheikh Salah Uddin 4507 173 17761 Md Rezaul Karim 4508 174 11434 Md Ashequl Islam 4511 175 18272 Shahriar Rahman Rafi 4512 176 14312 Kazi Al Amin 4514 177 12491 Md Ahsan Kabir Khan 4517 178 18310 Delowar Hossain 4522 179 12876 Subir Kumar Shaha 4523 180 12443 Md. Abdul J alil 4525 181 14155 Syed Sadek Hussain 4527 182 2723 Kazi Sharif 4528 183 10784 Latifa Yesmin 4530 184 13612 Kazi J ulfikar Hasan Razib 4532 185 11364 Md Mijanur Rahman 4533 186 14292 Samir Saha 4539 187 13844 Kaiser Md. Al-Masud 4548 188 12744 Abdul Gaffar 4558 189 18804 Nadia Hossain 4560 190 19148 Dipanjan Das 4561 191 17539 Md. Shariul Islam 4565 192 17704 Kazi Obydul Huq 4567 193 17681 Md Rafiqul Islam 4568 194 8491 Mohammad Zahidul Hassan 4571 195 11062 Mohammad Habibul Huq 4592 196 15820 Md Shamsuzzaman 4599 197 7983 Ms. Shukla Roy 4600 198 11315 Abu Sayed Md Riton Rouf 4602 199 18955 Muhammad Atiqur Rahman 4605 200 17844 A.K.M Ariful Huq 4607 201 4025 Md Yeakub Ali Chowdhury 4612 202 11915 Md. Arfan Uddin 4616 203 9675 Md. Maruf Hossain 4618 204 17949 Fazle Elahi Khan 4632 205 18678 Md. Tifur Rahman Chowdhury 4633 206 13322 Muhammad Ashraf Siddique 4634 207 16109 Md Aminul Islam 4635 ICAB News Bulletin No. 280 17 February 2013 SL No. Reg No. Name of Candidates Roll No. 208 16836 Abu Nawem Md Aminul Ahasan 4636 209 14544 Md. Asaduzzaman 4644 210 9232 Md. Shofiul Anam 4648 211 13868 Md. Aminul Islam 4653 212 14650 Md Abu Taleb Sarkar 4655 213 19841 Mohammad Abul Hashem Sohag 4657 214 16987 Sreepada Halder 4659 215 10719 Mridul Kumar Mazumder 4662 216 7065 Md Mujammel Hossain 4671 217 17857 Asia Akter 4680 218 18653 Kamal Hossain 4682 219 13594 Maruf Hossain 4687 220 15165 Md Imran Hossain 4688 221 12136 Ashraful Alam 4689 222 19499 H N Ashiqur Rahman 4691 223 12550 Farid Ahamed 4692 224 15516 Anwar Hossain 4694 225 10868 Mohammad Ziaul Islam 4698 226 19504 Sharmeen J annath 4700 227 16880 Seema Akhter 4750 228 18801 A.R.M Shafiul Sayeed 4753 229 17960 Md. Mainul Islam 4781 230 15606 Md Afsar J ahan 4787 231 15555 Md Mehedi Hasan 4788 232 17899 Syed Al Imran 4792 233 19494 Anwar Hossain 4804 234 15985 Pranay Kumar Mondal 4805 235 16154 Md Shamimur Rohman 4807 236 7333 Bhuiyan Wahid Md. Salim 4834 237 18714 Moheuddin 4836 238 14821 Md Ashraful Alam 4838 239 9098 Iqbal Hossain 4842 240 7290 Md. Shahadat Hossain Miah 4843 241 12468 Kazi Md Mofassarul Islam 4844 242 6642 Khondoker Moshiur Rahman 4845 243 8357 Mohammed Najmul Hossain 4848 244 16529 Mahmudul Hasan 4849 245 15492 Hasan Hafizur Rahaman 4852 246 18740 Md. Shamim Al- Mamun 4853 247 9902 Mohammad Shahjahan Bhuiyan 4854 248 11211 Mohammed Altaf Hossain Molla 4856 249 15586 Syeda Nasera Latif 4860 250 17784 Shafayet Hossain Molla 4861 251 17349 Basudev Roy 4864 252 15669 Khondoker Shamrita Tabassum 4870 253 16176 Uttam Kumar Basak 4872 254 7950 Mohammed Ashraful Anowar 4873 255 13765 Md Masudur Rahman 4874 256 18041 Md Osman Ghani 4875 257 15106 ATM Habibullah Chowdhury 4876 258 10476 Mohammad Abdus Sattar 4878 259 12775 Mohammed Mohshin 4886 260 15906 Md Saiful Islam 4897 261 19252 Md Nayan Mia 4909 262 18171 Md. Nure Alam Siddiki 4935 263 15187 Md Monirul Islam 4953 SL No. Reg No. Name of Candidates Roll No. 264 18538 Suman Chandra Deb 4961 265 14082 Sojan Debnath 4963 266 16703 Md Ruhul Amin 4964 267 19308 Tahrina Tanjeem 4970 268 11145 Mohammad Nasir Uddin Molla 4971 269 19150 Md. Ashraful Islam 4973 270 14400 Md. Sadiqur Rahman 4979 271 12804 Dipu Roy 4980 272 18414 Md. Kamruzzaman 4984 273 11037 Imran Alam Siddique Rubel 4986 274 16720 Meghnath Singha 4987 275 17322 Md Kabir Uddin 4992 276 19028 Rajib Kanti Bhowmik 4993 277 17332 Md Arafat Hossain 4994 278 15789 Ramen Roy 4996 279 8500 Mohammad Moklasur Rahman 4999 280 19673 Shibbir Ahamed 5005 Professional Stage-Application Level SL No. Reg No. Name of Candidates Roll No. 1 17465 Md Kamrul Hasan Siddiqui 6094 2 19306 Sharmin Sultana 6185 3 17602 Sumit Sazed 6404 4 18184 Mohammad Sirajus Salekin 6507 5 17606 Mohammad Nurul Alam 6599 6 18452 Md. Saiful Islam 6615 7 14761 Manik Paul 6689 8 18178 Mehzabeen Ahmed Naveen 6820 9 17389 Mohiuddin Khalid 6846 10 17549 Mohammad Nur-ul- Ahad 6852 11 19036 Md. Fuad Hasan 6872 12 18880 Kazi Munmun Ahmed 6880 13 17305 Muhammad Sami Ul Hoque 6902 14 18352 Md. Mahbubur Rahman 6903 15 19305 Fahmida Khan 6910 16 18307 Afzal Ahmed 6912 17 18353 Md. Muktar Alam 6923 18 17598 Ahamed Ashraf Sharif 6924 19 15879 Mohan Adhikari 6961 20 17192 Mohammad Shafikul Islam 6972 21 17461 Taniya Fardus 7000 22 17619 Faisal Mahmud Sajeeb 7012 23 16532 Abu Kamal Mohammod Pasha 7013 24 16435 Salma Akter 7017 25 18494 Avra Adhikary 7018 26 16901 Shah J alal Chowdhury 7019 27 16042 Rubaiyath Ara 7020 28 19145 Md. Bani Amin 7032 29 16999 Asaduzzaman Sikder 7037 30 13177 Mohammad Monzurul Ahsan 7038 31 18487 S.M. Mudrahir Rahaman 7041 32 16713 Md Emdadul Haque 7042 33 18989 Mohammad Abu Hanif Meah 7047 34 17636 Md. Mustafizur Rahman 7053 35 15188 Md Abdul Motin 7059 ICAB News Bulletin No. 280 18 February 2013 Resource Persons: ICAB Academic Campus (Session: Dec '12-Feb '13) C A M P U S N E W S Name of Resource Persons (Sections-I-V of PS-KL-7th Batch) Name of Teachers Tofayel Ahmed FCA Akram Uddin Ahmed FCA Kamruzzaman FCA Kutub Uddin Ahmad FCA Nirmol Chandra Sarker FCA Anup Kumar Mukherjee ACA Mahbub Alam ACA Uttam Kumar Saha ACA Muhammed Forkan Uddin FCA Rakesh Saha FCA Md Amirul Islam FCA Abdullah-Al-Mahmud FCA, FCMA,FCS Md Raghib Ahsan FCA Gopal Chandra Ghosh FCA, FCMA Muhammed Moshiur Rahman FCA Shaheduzzaman Chowdhury FCA Shahriar Istiaq Halim ACA Mohammad Showket Akber FCA Masud Khan FCA(India) Mahmudul Hasan Khusru FCA Md Mohiuddin Ahmed ACA Md Din Islam Miah FCA Mohammed Ariful Hoque ACA Mohammed Sabir Ahmed FCA Mohammed Zakaria FCA Mohammad Redwanur Rahman FCA Mohammad Shahidul Islam ACA Masud Parvez FCA Mohammad Salahuddin Chowdhury ACA Shankar Chandra Karmaker FCA Muraheb Malik Chowdhury ACA (UK) Ranjan Kumar Bhowmik FCMA Snehasish Barua FCA Imtiaz Lutful Baset FCA, FCMA Dr ASM Hossain Tayiab FCA Md Mashudur Rahman FCA, FCMA Md Fokrul Islam FCA Shib Pada Dey ACA Shekhar Kumar Halder ACA Mustaq Ahammed FCA Faker Ahmed ACA Sayeed Ahmed FCA, FCMA Md Mahamud Hosain FCA Md Reajul Islam ACA Md Selim Reza FCA Shamim-Al-Mamun ACA Abdullah-Al-Mamun ACA Mohammed Tofazzul Hussain FCA Md Abdur Rouf FCA Muhammad Aminul Hoque ACA Romana Ahmed ACA Bibhuti Bushan Biswas ACA Sujit Kumar Das ACA Raihan Uddin Ahammad ACA S M Rahmatul Mujeeb ACA Tapan Bala ACA Mohammad Abdul Ohab Miah FCA J one Kumer Gupta ACA Wahid Murad ACA Tanvir Hasan ACA Sabbir Ahmed FCA Palash Mollick Visiting Faculties (for Ongoing Session of PS-KL,7th Batch) Name of Visiting Faculties Md Abdus Salam FCA Gopal Chandra Ghosh FCA,FCMA Anwaruddin Chowdhury FCA Md Syful Islam FCA,FCMA Abdul Khalek FCA Dewan Nurul Islam FCA Masud Khan FCA (India) Ranjan Kumar Bhowmik FCMA ICAB Campus News The new session (Dec12-Feb13) of the Pre-Examination Evening Coaching Classes for Professional Stage-Knowledge Level (7 th Batch, Section: I-V, Number of Students : 422) has stated from 05 December 2012.The classes of Professional Stage-Knowledge Level will continue up to 27 February 2013. As a result, the cumulative number of participated students of ICAB new curriculum has been reached at 4,775, till J anuary 31, 2013. The classes of Professional Stage-Application Level (6 th Batch) & Advanced Stage (5 th Batch) students will be commenced after published the CA final results of Examination Session: November-December 2012. On the other hand, the last date for enrolment of Conversion Course of PS-KL (8 th Batch) & PS-AL (4 th Batch) has been extend up to 28 February 2013, and all the concerned students are advised there, to register the classes by the stipulated time at ICAB Academic Campus. The Programme on the mentioned Levels of classes have been organized by the Senior Deputy Director at ICAB Academic Campus under the guidance of Secretary-ICAB and over all supervision of the Vice President (Education & Training)-ICAB, Gopal Chandra Ghosh FCA with the consent and guidance of the President- ICAB, Md Abdus Salam FCA. Announcement (Classes of Next Session) The New Session (March-May 2013) for the Students of Professional Stage-Application Level (6 th Batch) & Advanced Stage (5 th Batch) will be held from Saturday, 02 March 2013 onward at ICAB Academic Campus. A Notice has already been issued regarding the matter and all the concerned students are advised there, to enroll the classes by 24 February 2013 at ICAB Academic Campus. ICAB News Bulletin No. 280 19 February 2013 Committees of ICAB for 2013 The standing and other Committees of ICAB for the year 2013 were approved in a meeting of the Council-ICAB held on 8 J anuary 2013. Details are as follows STANDING COMMITTEES-2013 EXECUTIVE COMMITTEE 2013 Chairman: Md. Abdus Salam FCA Members Showkat Hossain FCA Muhammad Farooq FCA Masih Malik Chowdhury FCA Anwaruddin Chowdhury FCA Abu Sayed Mohammed Nayeem FCA Abbas Uddin Khan FCA Muhammed Farhad Hussain FCA Md. Syful Islam FCA Member Secretary: Secretary-ICAB EXAMINATION COMMITTEE 2013 Chairman: Md. Abdus Salam FCA Members Gopal Chandra Ghosh FCA Dr. Md. Abu Sayed Khan FCA Md. Humayun Kabir FCA Kamrul Abedin FCA Dewan Nurul Islam FCA Adeeb Hossain Khan FCA Nasim Anwar FCA Md. Mustafizur Rahman FCA (218) Member Secretary: Secretary-ICAB INVESTIGATION & DISCIPLINARY COMMITTEE 2013 Chairman: Zahir Uddin Ahmed FCA Co-Chairman: Muhammad Farooq FCA Members Akhtar Sohel Kasem FCA Masih Malik Chowdhury FCA Abu Sayed Mohammed Nayeem FCA Md. Humayun Kabir FCA Md. Syful Islam FCA AKM Rafiqul Islam FCA (30) Syed Fazlul Haque FCA (63) Sheikh A. Hafiz FCA (110) Chitta Ranjan Mazumder FCA (178) Md. Iqbal Chowdhury FCA (272) Md. Amirul Islam FCA (331) Sarwar Azam Khan FCA (409) Md. Abul Kashem Majumder FCA (566) Md. Shahjahan Majumder FCA (571) Md. Tofazzal Islam Talukder FCA (608) Mohammad Al Maruf Khan FCA (667) Sib Sankar Saha FCA (702) Abu Noim Md. Kashem Chowdhury FCA (752) Ala Uddin FCA (805) Md Sayeed Ahmed FCA (811) Mahmudul Hasan Khusru FCA (820) Mostafa Kamal FCA (829) Masud Parvez FCA (835) Mohammed Mizanur Rahman FCA (862) Snehasish Barua FCA (894) Ajit Kumar Paul FCA (908) Md. Selim Reza FCA (939) Member Secretary: Secretary-ICAB ARTICLED STUDENTS COMMITTEE 2013 Chairman: Md. Syful Islam FCA Members Gopal Chandra Ghosh FCA Abbas Uddin Khan FCA Muhammed Farhad Hussain FCA Kamrul Abedin FCA Md. Shahadat Hossain FCA M A Quader Kabir FCA (47) Mian Muhammad Shaheedullah FCA (118) Chitta Ranjan Mazumder FCA (178) Md. Nurul Haque FCA (195) Md. Mustafizur Rahman FCA (218) A F M Alamgir FCA (268) Bimalendu Chakraborty FCA (425) Abu Sayeed Mohammad Ali FCA (431) Sha Md. Zakaria Bhuiyan FCA (446) AKM Mohitul Haq FCA (458) Tofayel Ahmed FCA (468) S M Atiar Rahman FCA (574) Md Abdul Momin Khan Lohani FCA (575) Mohammad Hamidur Rashid FCA (607) Md. Tofazzal Islam Talukder FCA (608) Akhtar Sanjida Kasem FCA (643) Sib Sankar Saha FCA (702) Md. Atikur Rahman FCA (715) Sabbir Ahmed FCA (770) Md. Moniruzzaman FCA (787) Amal Krishna Das FCA (802) Md. Fokrul Islam FCA (890) Snehasish Barua FCA (894) Ajit Kumar Paul FCA (908) Mizanur Rahman FCA (940) Md. Zakaria FCA (967) Md. Ashraful Azim FCA (975) Fouzia Haque ACA (1032) Md. Syed Abul Hashem ACA (1093) Faker Ahmed ACA (1112) Md. Wahid Murad ACA (1117) Md. Ali Akther Rezvi ACA (1183) Md. Towhid Hasan Masud ACA (1223) Md. Al-Amin Siddiki ACA (1164) Kamal Hossain ACA (1269) Md. Mosharof Hossain ACA (1319) Md. Selim Reza ACA (1329) Md. Shohel Rana ACA (1383) Md. Yeasin Mollah ACA (1441) Sajib Sarkar ACA (1467) Ashraf-Uz-Zaman Ali ACA (1518) Member Secretary: Secretary-ICAB TECHNICAL & RESEARCH COMMITTEE 2013 Chairman: Showkat Hossain FCA Members Anwaruddin Chowdhury FCA Md. Humayun Kabir FCA A F Nesaruddin FCA Nasir Uddin Ahmed FCA Adeeb Hossain Khan FCA Mohammad Anwarul Karim FCA (522) Sabbir Ahmed FCA (770) Mohammod Masud Rana FCA (773) Mohammad Monowar Hossain FCA(788) Md. Zafar Ullah Khan FCA (782) Mohammad Mohiuddin Ahmed FCA (800) Ala Uddin FCA (805) Md. Sayeed Ahmed FCA (811) Mohammad Nesar Uddin FCA (814) Abdullah Al Mahmud FCA (818) Mahmudul Hasan Khusru FCA (820) Md. Mahamud Hosain FCA (833) Mohammad Syed Bashir Ali FCA (849) Harun Mahmud FCA (850) Mohammad J ashim Uddin FCA(869) Muhammed Moshiur Rahman FCA (874) Mohammed Forkan Uddin FCA (886) Snehasish Barua FCA (894) Nanda Dulal Saha FCA (895) Mohammad Abdul Ohab Miah FCA (901) Ajit Kumar Paul FCA (908) Md. Abdur Rouf FCA (918) Md. Rokonuzzaman FCA (936) Sabbir Ahmed FCA (937) Mohammed Sabir Ahmed FCA (949) Babul Kumar Saha FCA (962) Md. Ashraful Hoque FCA (976) Mohammad Mizanur Rahman FCA (987) Muhammad Mehedi Hasan FCA (1000) MBM Lutful Hadee FCA (1006) Md. Zillur Rahman ACA (1040) Md. AKH Hasif Sowdagar ACA (1054) Maria Howlader ACA (1063) Syed Md. Enamul Kabir ACA (1078) Shahriar Istiaq Halim ACA (1083) Faker Ahmed ACA (1112) Md. Wahid Murad ACA (1117) Reza-Ur Rahman Mahmud ACA (1123) Mohammad Ibrahim Khalil ACA (1128) Abdullah-Al-Mamun ACA (1142) Md. J asim Uddin ACA (1147) Md. Monjurul Ahmed ACA (1161) Anjan Kumar Roy ACA (1175) Muhammad Arifur Rahman ACA (1231) Mohammad Touhidur Rahman ACA (1279) Md. Mosharof Hossain ACA (1319) Esha Nabila Hussain ACA (1397) Shayema Akter ACA (1413) Kazi Shah Omar Faruk ACA (1422) Ramdas Howlader ACA (1457) Mahmudur Rahman ACA (1491) Member Secretary: Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB BOARD OF STUDIES 2013 Chairman: ABM Azizuddin FCA Members Gopal Chandra Ghosh FCA Masih Malik Chowdhury FCA Abu Sayed Mohammed Nayeem FCA Muhammed Farhad Hussain FCA A F Nesaruddin FCA Kamrul Abedin FCA Dewan Nurul IslamFCA Md. Rafiqul Islam Khan FCA (155) Chitta Ranjan Mazumder FCA (178) Md. Mustafizur Rahman FCA (218) Md. Shafiul Alam FCA (254) A F M Alamgir FCA (268) M A Baree FCA (482) SM Atiar Rahman FCA (574) Md Abdul Momin Khan Lohani FCA (575) Md. Kamrul Hassan FCA (579) Md. Shafiqul Alam FCA (603) Md. Humayun Bokhteyar FCA (631) Akhtar Sanjida Kasem FCA (643) Md. Harun-or-Rashid FCA (697) Hassan Md Ziaul Hoque Khan FCA (711) Neaz Mohammed FCA (763) Tushar Bhowmik FCA (784) Mohammad Mohiuddin Ahmed FCA (800) Ala Uddin FCA (805) Md. Mahsudur Rahman FCA (815) Abdullah Al Mahmud FCA (818) Mahmudul Hasan Khusru FCA (820) Md. Abu Bakar FCA (830) ICAB News Bulletin No. 280 20 February 2013 Masud Parvez FCA (835) Mohammad Syed Bashir Ali FCA (849) Md. J ahidur Rahman FCA (860) Md. Fokrul Islam FCA (890) Mohammad Abdul Ohab Miah FCA (901) Mustaq Ahammed FCA (924) Sabbir Ahmed FCA (937) Md. Shamsur Rahman FCA (941) Babul Kumar Saha FCA (962) Muhammad Mehedi Hasan FCA (1000) Md. Abu Khair Hasanul Hasif Sowdagr ACA (1054) Md. Sarwar Hossen ACA (1077) Shahriar Istiaq Halim ACA (1083) Farjana Akter Sadi ACA (1098) Mohammad Ibrahim Khalil ACA (1128) Mainul Huda ACA (1131) Mohammad Salahuddin Chowdhury ACA (1153) Oishee Labina Hussain ACA (1341) Mohammad Belayet Hossain ACA (1480) Chairman, DRC-ICAB Chairman, CRC-ICAB Masud Khan, Finance Director, Lafarge Surma Cement Ltd Muinuddin Khan, Professor, University of Dhaka Member Secretary: Prof. Dr. Mahfuzul Hoque, Director (LPD)-ICAB QUALITY ASSURANCE BOARD 2013 Chairman: ASM Nayeem FCA Members Md. Abdus Salam FCA Muhammad Farooq FCA Akhtar Sohel Kasem FCA Md. Syful Islam FCA Adeeb Hossain Khan FCA Nasim Anwar FCA Anil Chandra Nath FCA (53) Syed Fazlul Haque FCA (63) Chitta Ranjan Mazumder FCA (178) Mujibul Huque FCA (180) Md. Ataul Hoque FCA (255) Abu Sayeed Mohammad Ali FCA (431) Ali Ashfaq FCA (509) Suraiya Zannath Khan FCA (582) Ferdous Ahmed Khan FCA (612) Ahsan Parvez FCA (624) Yesmin Sabder Ali FCA (649) Md. Tipu Sultan FCA (661) Mohammad Al Maruf Khan FCA (667) Md. Raghib Ahsan FCA (689) Arshad Ali Chowdhury FCA (743) Neaz Mohammed FCA (763) Sabbir Ahmed FCA (770) Md. Moniruzzaman FCA (787) Md. Mahsudur Rahman FCA (815) Leena Razzaque FCA (821) Masud Parvez FCA (835) Muhammed Shamim Reza FCA (838) Nusrat J ahan FCA (857) Md. J ahidur Rahman FCA (860) Mohammed Forkan Uddin FCA (886) Snehasish Barua FCA (894) Nanda Dulal Saha FCA (895) Ajit Kumar Paul FCA (908) Mustaq Ahammed FCA (924) Mizanur Rahman FCA (940) Babul Kumar Saha ACA (962) Md. Zakaria FCA (967) Md. Ashraful Azim FCA (975) Md. Ashraful Haque FCA (976) Muhammad Mehedi Hasan FCA (1000) Md. Zillur Rahman ACA (1040) Md. Sarwar Hossen ACA (1077) Sayed Abul Hashem ACA (1093) Md. Kishlur Rahman ACA (1187) F R M. Rashedul Hasan ACA (1283) Dipok Kumar Roy ACA (1334) Shayema Akter ACA (1413) Md. Mosiur Rahman ACA (1418) Member Secretary: Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB NON-STANDING COMMITTEES-2013 REAL ESTATE COMMITTEE 2013 Chairman: A F Nesaruddin FCA Members Showkat Hossain FCA Masih Malik Chowdhury FCA Abbas Uddin Khan FCA Muhammed Farhad Hussain FCA Dewan Nurul Islam FCA Md. Shahadat Hossain FCA Md. Rafiqul Islam Khan FCA (155) Sushil Kumar Basak FCA (166) Md. Ashraf Uddin Ahmed FCA (210) Md. Anisur Rahman FCA (350) J amaluddin Ahmed Ph.D, FCA (498) Azhar Uddin Ahmed FCA (547) Md. J oynal Abedin FCA (622) Mohammad Abu Kaiser FCA (626) Azharul Hoque FCA (664) Md. Harun-Or-Rashid FCA (697) Sidhartha Barua FCA (699) Md. Shah Alam Mridha FCA (733) Md. Rokonuzzaman FCA (739) Mohammod Masud Rana FCA (773) AKM Saif Ullah Kowchar FCA (828) Syed Sarwar Moorshid ACA (861) Muhammed Abul Hashem FCA (964) Kamruzzaman ACA (968) Mohammad Khairul Alam FCA (972) Mohammad Redwanur Rahman FCA (999) Md. Yasin Miah FCA (1001) MBM Lutful Hadee FCA (1006) Uzzal Kumar Nandi FCA (1030) Mohammad Shibbir Hossain ACA (1048) Palash Ranjan Bhowmik ACA (1060) Manik Lal Samadder ACA (1109) Uttam Kumar Saha ACA (1121) Secretary, DRC-ICAB Secretary, CRC-ICAB Member Secretary: Secretary-ICAB EDITORIAL BOARD 2013 Chairman: Muhammed Farhad Hussain FCA Members Md. Abdus Salam FCA Gopal Chandra Ghosh FCA Akhtar Sohel Kasem FCA Masih Malik Chowdhury FCA Nasir Uddin Ahmed FCA Sabbir Ahmed FCA (770) Md. Sayeed Ahmed FCA (811) Mahmudul Hasan Khusru FCA (820) Md. Abu Bakar FCA (830) Md. Mahamud Hosain FCA (833) Harun Mahmud FCA (850) Mohammed J ashim Uddin FCA (863) Snehasish Barua FCA (894) Ajit Kumar Paul FCA (908) Md. Abid Hossain Khan FCA (996) Muhammmad Aminul Hoque ACA (1129) Zareen Hosein ACA (1152) Md. Shahidul Islam ACA (1171) Dipok Kumar Roy ACA (1334) Chairman DRC-ICAB Chairman CRC-ICAB Member Secretary: Sqn Ldr SM Abu Nayem Ahmed, psc, (Rtd) Senior Deputy Secretary -ICAB PROFESSIONAL DEVELOPMENT COMMITTEE 2013 Chairman: Muhammad Farooq FCA Members Akhtar Sohel Kasem FCA Dr. Md. Abu Sayed Khan FCA Abbas Uddin Khan FCA Md. Humayun Kabir FCA A F Nesaruddin FCA Dewan Nurul Islam FCA Md. Syful Islam FCA Md. Shahadat Hossain FCA Anil Chandra Nath FCA (53) A S M Ataul Karim FCA (66) Abul Kashem FCA (74) Muhammed Akram Hussain FCA (91) Mian Muhammad Shaheedullah FCA (118) Md. Rafiqul Islam Khan FCA (155) Chitta Ranjan Mazumder FCA (178) ATM Mustafizur Rahman FCA (253) Kanchi Lal Das FCA (403) AKM Aminul Hoque FCA (407) Abdur Razzaque Mollah FCA (422) Manoranjan Bhakta FCA (475) J amaluddin Ahmed Ph.D, FCA (498) Suraiya Zannath Khan FCA (582) AKM Shamsul Alam FCA (584) Md. Mizanur Rahman FCA (592) Quamrul Ahsan Chowdhury FCA (597) Mohammad Hamidur Rashid FCA (607) Md. Abu Sina FCA (619) Yesmin Sabder Ali FCA (649) Md. Raghib Ahsan FCA (689) Netai Chand Talukder FCA (706) Md. Moahadul Mowla Chowdhury FCA (709) Amal Krishna Das FCA (802) H M Rakib Ullah Bashar FCA (803) Nusrat J ahan FCA (857) Md. Fokrul Islam FCA (890) Nanda Dulal Saha FCA (895) Delwar Hossen FCA (917) Mohammad Tarek FCA (926) Sabbir Ahmed FCA (937) Md. Selim Reza FCA (939) Binoy Gopal Roy FCA (965) Mohammad Mizanur Rahman FCA (987) Fouzia Haque ACA (1032) Kutub Uddin Ahmad ACA (1037) Shekhar Kumar Halder ACA (1087) Md. Reajul Islam ACA (1111) Md. Wahid Murad ACA (1117) Muhammad Aminul Hoque ACA (1129) Rokeya Khatun ACA (1150) Md. Al Amin Siddiki ACA (1164) Azhar Ali ACA (1182) Md. Ali Akther Rezvi ACA (1183) J one Kumer Gupta ACA (1203) Mohammad Mofizul Haque Rinku ACA (1204) Arun Kumer Kundu ACA (1217) Md Lutfar Rahman ACA (1219) A.H.M Ariful Islam ACA (1260) Salim Ullah Bahadur ACA (1274) Sk. Ashik Iqbal ACA (1310) Mohammad Rostam Hossain ACA (1340) Md. Rejaul Karim ACA (1355) Kazi Shah Omar Faruk ACA (1422) Muhammad Main Uddin (1454) Member Secretary: Muhammad Golam Shahriar ACA, Deputy Director (Technical)-ICAB TAXATION & CORPORATE LAWS COMMITTEE 2013 Chairman: Md. Humayun Kabir FCA Members Akhtar Sohel Kasem FCA Masih Malik Chowdhury FCA ICAB News Bulletin No. 280 21 February 2013 Abu Sayed Mohammed Nayeem FCA A F Nesaruddin FCA Nasir Uddin Ahmed FCA Md. Syful Islam FCA Nasim Anwar FCA Abul Khair Chowdhury FCA (52) Md. Ashraf Uddin Ahmed FCA (210) Md. Mustafizur Rahman FCA (218) Khundkar Mahmudul Hasan FCA (413) Bimalendu Chakraborty FCA (425) Akhter Zamil FCA (441) AKM Mohitul Haq FCA (458) M A Baree FCA (482) Azhar Uddin Ahmed FCA (547) Hasan Mahmood FCA (564) Syed Mahmud Ahmad FCA (586) Ferdous Ahmed Khan FCA (612) Abdul Haque FCA (630) Md. Humayun Bokhteyar FCA (631) Abdul Khalek FCA (646) Mashuque Ahmed FCA (690) Md. Atikur Rahman FCA (715) Md Akter Hossain Sannamat FCA (729) Md. Akbar Hossain FCA (767) Muhammed Shamim Reza FCA (838) Mohammed Tofazzul Hussain FCA (848) Mohammed Sayduzzaman FCA (855) Mohammed Mizanur Rahman FCA (862) Muhammed Moshiur Rahman FCA (874) Snehasish Barua FCA (894) Mohammad Abdul Oahab Miah FCA (901) Md. Rokonuzzaman FCA (936) Mohammed Sabir Ahmed FCA (949) Nirmol Chandra Sarker FCA (957) Binoy Gopal Roy FCA (965) Kamruzzaman ACA (968) Mohammad Showket Akber FCA (970) Dr. ASM Hossain Tayiab FCA (977) Md. Abid Hossain Khan FCA (996) MBM Lutful Hadee ACA (1006) Mohammad Nazrul Islam ACA (1036) Md. Reajul Islam ACA (1111) Abu Sayeed Ahmed ACA (1115) Mohammad Ibrahim Khalil ACA (1128) Muhammmad Aminul Hoque ACA (1129) Mohammad Nazim Uddin ACA (1130) Rokeya Khatun ACA (1150) Md. Amir Hossain ACA (1271) Mohammad Touhidur Rahman ACA (1279) F R M Rashedul Hasan ACA (1283) Taslim Hossain ACA (1293) Md. Mosharof Hossain ACA (1319) Khaled Mohammad Munirul Muktadir ACA (1332) Md. Alauddin Khan ACA (1393) Kazi Md. Zafrullah ACA (1398) Md. Razib Hossain ACA (1417) Md. Yeasin Mollah ACA (1441) Mostafa Kamal Ahmed ACA (1450) Member Secretary: Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB PROJECT DEVELOPMENT & IMPLEMENTATION COMMITTEE 2013 Chairman: Nasim Anwar FCA Members Muhammad Farooq FCA Gopal Chandra Ghosh FCA Anwaruddin Chowdhury FCA Abbas Uddin Khan FCA Md. Humayun Kabir FCA Kamrul Abedin FCA Dewan Nurul Islam FCA Md. Syful Islam FCA Enamul Kabir FCA (280) Md. Abdul Ahad FCA (385) Shah Md. Zakaria Bhuiyan FCA (446) Tofayel Ahmed FCA (468) Md. Enamul Haque Choudhury FCA (471) Manoranjan Bhakta FCA (475) Dewan Nazrul Islam FCA (533) Md. Tofazzal Islam Talukder FCA (608) Hassan Imam Patwary FCA (653) Imtiaz Lutful Baset FCA (663) Md. Raghib Ahsan FCA (689) Md. Harun-Or-Rashid FCA (697) Sib Sankar Saha FCA (702) Md. Akram Uddin Ahmed FCA (738) Neaz Mohammed FCA (763) Md. Akbar Hossain FCA (767) Mohammad Mosharraf Hossain Ph.D, FCA (769) Abdullah Al Mahmud FCA (818) Mahmudul Hasan Khusru FCA (820) Mohammad Syed Bashir Ali FCA (849) Nusrat J ahan FCA (857) Shyamal Krishna Roy FCA (877) Mohammed Abdur Rashid FCA (881) Abdullah Al Mamun FCA (889) Muhammad Zahangir Alam FCA (897) Shankar Chandra Karmaker FCA (905) Ajit Kumar Paul FCA (908) Shaiful Alam FCA (946) Babul Kumar Saha FCA (962) Mohammad Khairul Alam FCA (972) Dr. ASM Hossain Tayiab FCA (977) Shubankar Shil ACA (1033) Md. Zillur Rahman ACA (1040) Bibhuti Bushan Biswas ACA (1088) Md. Wahid Murad ACA (1117) Sabuj Hossain Chowdhury ACA (1119) Md. Kishlur Rahman ACA (1197) Farzana Firoz ACA (1232) Kamal Hossain ACA (1269) Md. Hafizur Rahman ACA (1289) Aisha Siddiqua ACA (1424) Md. Nazmul Hussain Siddique ACA (1427) Md. Firoz Iftekher ACA (1435) Member Secretary: Md. Shafiqul Islam, Deputy Secretary-ICAB SAFA, CAPA & INTERNATIONAL AFFAIRS COMMITTEE 2013 Chairman: Adeeb Hossain Khan FCA Members Akhtar Sohel Kasem FCA Anwaruddin Chowdhury FCA Abu Sayed Mohammed Nayeem FCA Abbas Uddin Khan FCA Md. Humayun Kabir FCA Dewan Nurul Islam FCA Md. Syful Islam FCA Nasim Anwar FCA J oerder Nowsher Ali FCA (330) Sarwar Azam Khan FCA (409) AKM Mohitul Haq FCA (458) Akhter Matin Chaudhury FCA (534) Haider Ahmed Khan FCA (576) Md. Kamrul Hassan FCA (579) Nehal Ahmed FCA (609) Parveen Mahmud FCA (632) Yesmin Sabder Ali FCA (649) Shama Rukh Alam FCA (724) Ahmed Raihan Shamsi FCA (745) Mohammed J ashim Uddin FCA (863) Mohammed Forkan Uddin FCA (886) Mohammed Zahirul Kium FCA (887) Md. Fokrul Islam FCA (890) Nanda Dulal Saha FCA (895) Md. Eftekhar Ali FCA (910) Md. Abdur Rouf FCA (918) Mizanur Rahman FCA (940) Ruhul Amin FCA (948) Mohammed Sabir Ahmed FCA (949) Md. Zakaria FCA (967) Md. Yasin Miah FCA (1001) Chandra Shakhar Pal Chowdhury FCA (1004) Md. Zillur Rahman ACA (1040) Afrin Akhter ACA (1073) Noor Ahamed ACA (1114) Sabuj Hossain Chowdhury ACA (1119) Moinul Hye Asif ACA ((1127) Mukit Ahmed ACA (1137) Mohammad Mosttafa Shazzad Hasan ACA (1433) Md. Abdul Ahad ACA (1466) Member Secretary: Md. Nasrat Hasan, Deputy Secretary-ICAB REVIEW COMMITTEE FOR PUBLISHED ACCOUNTS & REPORTS 2013 Chairman: Abbas Uddin Khan FCA Members Md. Abdus Salam FCA Masih Malik Chowdhury FCA Anwaruddin Chowdhury FCA Md. Humayun Kabir FCA Kamrul Abedin FCA Nasir Uddin Ahmed FCA Dewan Nurul Islam FCA Md. Syful Islam FCA Nasim Anwar FCA Md. Nurul Haque FCA (195) Md. Anisur Rahman FCA (350) Syed Abdul Hamid FCA (464) M Zabed Ali Mridha FCA (478) Ali Ashfaq FCA (509) Md. Shahjahan Majumder FCA (571) Haider Ahmed Khan FCA (576) Md. Mizanur Rahman FCA (592) Faroque Ahmed Khan FCA (618) Sib Sankar Saha FCA (702) Md. Shah Alam Mridha FCA (733) Sabbir Ahmed FCA (770) Mohammod Masud Rana FCA (773) Mohammad Monowar Hossain FCA (788) Mohammad Mohiuddin Ahmed FCA (800) Imran Ahmed FCA (827) Mostafa kamal FCA (829) Masud Parvez FCA (835) Mohammad Syduzzaman FCA (855) Md. J ahidur Rahman FCA (860) Mohammed J ashim Uddin FCA (863) Muhammad Moshiur Rahman FCA (874) Mohammed Forkan Uddin FCA (886) Md. Fokrul Islam FCA (890) Mohammad Abdul Ohab Miah FCA (901) Md. Eftekhar Ali FCA (910) Mohammed Hamidul Islam FCA (912) Md. Abdur Rouf FCA (918) Mustaq Ahammed FCA (924) Md. Rokonuzzaman FCA (936) Mohammed Sabir Ahmed FCA (949) Md. Zakaria FCA (967) Md. Yasin Miah FCA (1001) Fouzia Haque ACA (1032) Md. Zillur Rahman ACA (1040) Mohammad Nur Nobi ACA (1062) Afrin Akhter ACA (1073) Mohammad Obaidul Islam Khan ACA (1075) Shahriar Istiaq Halim ACA (1083) Bibhuti Bushan Biswas ACA (1088) Mohammad Ibrahim Khalil ACA (1128) Abdullah-Al-Mamun ACA (1142) Rokeya Khatun ACA (1150) Mohammad Aminul Haque ACA (1158) Rojina Akhter ACA (1206) Mohammad Touhidur Rahman ACA (1279) Mohammad Ali Kawsar ACA (1290) Kazi Shah Omar Faruk ACA (1422) ICAB News Bulletin No. 280 22 February 2013 Md. Arshadul Kabir ACA (1426) Morshedul Islam ACA (1430) Member Secretary: Md. Nasrat Hasan, Deputy Secretary-ICAB INFORMATION & COMMUNICATION TECHNOLOGY COMMITTEE 2013 Chairman: Akhtar Sohel Kasem FCA Members Md. Abdus Salam FCA Gopal Chandra Ghosh FCA Anwaruddin Chowdhury FCA A F Nesaruddin FCA Nasir Uddin Ahmed FCA Dewan Nurul Islam FCA Md. Shahadat Hossain FCA Nasim Anwar FCA Ali Ashfaq FCA (509) Khondkar Atique-e-Rabbani FCA (588) Md. Shafiqul Alam FCA (603) Noor-E-Khoda Abdul Mobin FCA (656) AKM Kamrul Islam FCA (670) Swadesh Ranjan Saha FCA (718) Ahmed Raihan Shamsi FCA (745) Mohammad Nesar Uddin FCA (814) Imran Ahmed FCA (827) Mohammed Kamrul Hasan FCA (836) Mohammad Mizanur Rahman FCA (862) Mohammed J ashim Uddin FCA (863) Mohammad J ashim Uddin FCA (869) Abu Muhammed Saiful Islam FCA (872) Mohammed Zahirul Kium FCA (887) Nanda Dulal Saha FCA (895) Mohammad Abdul Ohab Miah FCA (901) Mohammed Hamidul Islam FCA (912) Md. Abdur Rouf FCA (918) Mustaq Ahammed FCA (924) Md. Fazlul Haque FCA (933) Sabbir Ahmed FCA (937) Dilip Kumar Mandal FCA (955) Babul Kumar Saha FCA (962) Kazi Md. Fazlul Karim FCA (963) Mahadev Sarker Sumon FCA (973) Mohammad Atikuzzaman FCA (986) Mohammad Mizanur Rahman FCA (987) Muhammad Hafizur Rahman FCA (1002) Mohammed Hafizour Rahman FCA (1012) Kishower Amin ACA (1015) Md. Monirul Islam ACA (1025) Kutub Uddin Ahmad ACA (1037) Shah Muhammad Ashequr Rahman ACA (1045) Mahbub Alam ACA (1050) Md. Abu Khair Hasanul Hasif Sowdagar ACA (1054) Palash Ranjan Bhowmik ACA (1060) Muhammad Mahfuzur Rahman ACA (1061) Mohammad Nur Nobi ACA (1062) Md. Humayan Kabir ACA (1074) Sabuj Hossain Chowdhury ACA (1119) Abdul Mannan ACA (1156) Muraheb Malik Chowdhury ACA (1186) Md. Kishlur Rahman ACA (1197) Md. Lutfar Rahman ACA (1200) Ali Amjad Choudhury ACA (1242) Muhammad Khatibur Rahman ACA (1294) Shakil Ahmed ACA (1343) Uttam Kumar Saha ACA (1444) Member Secretary: Md. Deloar Hossain, Database System Manager (IT) MEMBERS SERVICES & WELFARE COMMITTEE 2013 Chairman: Dewan Nurul Islam FCA Members Muhammad Farooq FCA Masih Malik Chowdhury FCA Muhammed Farhad Hussain FCA A F Nesaruddin FCA Kamrul Abedin FCA Nasir Uddin Ahmed FCA Md. Shahadat Hossain FCA Nasim Anwar FCA M A Quader Kabir FCA (47) Md. Showkat Hossain FCA (196) Harun-ur-Rashid FCA (312) Akhter Matin Chaudhury FCA (534) Md. Habibur Rahman Mollah FCA (563) Md. Abul Kashem Majumder FCA (566) S M Atiar Rahman FCA (574) Mia Fazle Karim FCA (614) Md. Abu Sina FCA (619) Md. Rafiqul Islam FCA (633) Gopal Bijoy Singh FCA (658) Md. Atikur Rahman FCA (715) Abu Noim Md. Kashem Chowdhury FCA (752) Syeda Assma Kakoli FCA (813) Leena Razzaque FCA (821) J iban Chandra Das FCA (832) Masud Parvez FCA (835) Mohammed Shakil Choudhury FCA (868) Mohammed Forkan Uddin FCA (886) Md. Fokrul Islam FCA (890) Shakhar Chandra Karmaker FCA (905) Abdulla-Al-Mahmud FCA (915) Md. Selim Reza FCA (939) Shaiful Alam FCA (946) Mohammed Sabir Ahmed FCA (949) Syed Mustaque Ahmed FCA (956) Binoy Gopal Roy FCA (965) Hassan Shahid Sarwar FCA (991) Ratna Dutta FCA (992) Mohammad Redwanur Rahman FCA (999) Mohammad Ebadat Hossain Bhuiyan FCA (1007) Kishower Amin ACA (1015) Anjan Mallik ACA (1099) Mohammad Arisur Rahman ACA (1100) Mohammad Nazim Uddin ACA (1130) Mukit Ahmed ACA (1137) Rokeya Khatun ACA (1150) Arun Kumer Kundu ACA (1217) Md. Sazzad Hossain ACA (1470) Chairman, DRC Member Secretary: Ms Syma Banu, Deputy Director (LDP) COMMITTEE FOR AMENDMENT OF CA ORDER & BYE-LAWS 2013 Chairman: Sheikh A. Hafiz FCA Members Md. Abdus Salam FCA Akhtar Sohel Kasem FCA Masih Malik Chowdhury FCA Abu Sayed Mohammed Nayeem FCA Abbas Uddin Khan FCA Muhammed Farhad Hussain FCA Kamrul Abedin FCA Md. Syful Islam FCA Sultan Ahmed FCA (92) Chitta Ranjan Mazumder FCA (178) Mojibul Huque FCA (180) Md. Mustafizur Rahman FCA (218) Md. Amirul Islam FCA (331) Akhter Zamil FCA (441) Md. Enamul Haque Choudhury FCA (471) M A Baree FCA (482) Haider Ahmed Khan FCA (576) Mohammad Hamidur Rashid FCA (607) Ferdous Ahmed Khan FCA (612) Mohammad Al Maruf Khan FCA (667) Md. Atikur Rahman FCA (715) Md. Akter Hossain Sannamat FCA (729) Mahmudul Hasan Khusru FCA (820) AKM Saif Ullah Kowchar FCA (828) Mostafa Kamal FCA (829) Muhammad Nazrul Islam FCA (884) Mohammed Forkan Uddin FCA (886) Snehasish Barua FCA (894) Ajit Kumar Paul FCA (908) Mohammad Zakaria FCA (967) Md. Rejaul Karim ACA (1355) Md. Sazzad Hossain ACA (1470) Member Secretary: Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB CONTINUING PROFESSIONAL DEVELOPMENT COMMITTEE 2013 Chairman: Masih Malik Chowdhury FCA Members Md. Abdus Salam FCA Gopal Chandra Ghosh FCA Anwaruddin Chowdhury FCA Abbas Uddin Khan FCA Md. Humayun Kabir FCA A F Nesaruddin FCA Nasir Uddin Ahmed FCA Md Abu Taleb Talukder FCA (61) Shah Md. Zakaria Bhuiyan FCA (446) Md. Mizanur Rahman FCA (592) Md. Humayun Bokhteyar FCA (631) Md. Tipu Sultan FCA (661) Md. Salim Uddin FCA (710) Md. Faruk Uddin Ahammed FCA (720) Shama Rukh Alam FCA (724) Md. Rokonuzzaman FCA (739) Syed Saiful Islam ACA (747) Abu Noim Md. Kashem Chowdhury FCA (752) Debdulal Karmaker FCA (786) Masud Parvez FCA (835) Mohammad Syed Bashir Ali FCA (849) Md. Anowar Hossain FCA (944) Nirmol Chandra Sarker FCA (957) Kazi Md. Fazlul Karim FCA (963) Kamruzzaman FCA (968) Md. Ashraful Azim FCA (975) Kazi Mustaid Murshed FCA (981) Mohammad Ebadat Hossain Bhuiyan FCA (1007) Rakesh Saha FCA (1011) Muhammad Shariful Islam Shiplu FCA (1018) Shubhankar Shil ACA (1033) Md. Hasmot Ali ACA (1034) Mohammad Nazrul Islam ACA (1036) Shahriar Istiaq Halim ACA (1083) Abdullah-Al Mamun ACA (1142) Zareen Hosein ACA (1152) Mohammad Salahuddin Chowdhury ACA (1153) Mohammad Mofizul Haque Rinku ACA (1204) Abu Hena Mustafa Kamal ACA (1328) Kazi Md. Zafrullah ACA (1398) Mostafa Kamal Ahmed ACA (1450) Abu Hena Md Mustafa Kamal ACA (1500) Fouz Ilahi ACA (1513) Secretary, DRC- ICAB Secretary, CRC- ICAB Member Secretary: Md. Shahjahan Siraz, Deputy Secretary-ICAB COMMITTEE FOR SMALL AND MEDIUM PRACTITIONERS (SMP) 2013 Chairman: Muhammed Farhad Hussain FCA Members Showkat Hossain FCA Muhammad Farooq FCA A F Nesaruddin FCA Kamrul Abedin FCA Nasir Uddin Ahmed FCA ICAB News Bulletin No. 280 23 February 2013 Md. Shahadat Hossain FCA Khurrum Hussain FCA (139) Md. Rafiqul Islam Khan FCA (155) Khairul Alam FCA (182) Md. Ataul Haque FCA (255) Enamul Kabir FCA (280) AKM Aftabul Islam FCA (283) J oerder Nowsher Ali FCA (330) Iqbalur Rahman FCA (351) Md. Abdul Ahad FCA (385) Syed Abdul Hamid FCA (464) Kazi Ehsanul Huq FCA (581) Quamrul Ahsan Chowdhury FCA (597) Mia Fazle Karim FCA (614) Mohammad Abu Kaiser FCA (626) Kanai Lal Saha FCA (629) Shamsuddin Ahmed FCA (660) AKM Kamrul Islam FCA (670) Sidhartha Barua FCA (699) Akram Uddin Ahmed FCA (738) Mohammad Mosharraf Hossain Ph.D, FCA (769) Mohammed Mizanur Rahman FCA (862) Mohammad J ashim Uddin FCA (869) Abu Mohammed Saiful Islam FCA (872) Shyamal Krishna Roy FCA (877) Md. Abdul Haque Sarder FCA (878) Md. Eftekhar Ali FCA (910) Dilip Kumar Mandal FCA (955) Syed Mustaque Ahmed FCA (956) Ratna Dutta FCA (992) Mohammad Redwanur Rahman FCA (999) Chandra Shakhar Pal Chowdhury FCA (1004) Enayet Hussain Khan ACA (1010) Mohammed Hafizour Rahman FCA (1012) Kishower Amin ACA (1015) Obaidur Rahman FCA (1029) Fouzia Haque ACA (1032) Manik Lal Samadder ACA (1109) Md. Ali Akther Rezvi ACA (1183) Muraheb Malik Chowdhury ACA (1186) Md. Kishlur Rahman ACA (1197) Shahabub Alam Khan ACA (1292) Abu Hena Mustafa Kamal ACA (1328) Member Secretary: Muhammad Golam Shahriar ACA, Deputy Director (Technical)-ICAB ICAB-ICAEW COORDINATION COMMITTEE 2013 Chairman: Nasir Uddin Ahmed FCA Members Md. Abdus Salam FCA Dr. Md. Abu Sayed Khan FCA A F Nesaruddin FCA Kamrul Abedin FCA Adeeb Hossain Khan FCA Md. Shahadat Hossain FCA Nasim Anwar FCA Fazlur Rahman FCA (457) Suraiya Zannath Khan FCA (582) Parveen Mahmud FCA (632) Mohammod Masud Rana FCA (773) Faruk Ahammad FCA (825) Mohammed Tofazzul Hussain FCA (848) Mohammed Forkan Uddin FCA (886) Md. Fokrul Islam FCA (890) Ajit Kumar Paul FCA (908) Mustaq Ahammed FCA (924) Md. Zakaria FCA (967) Md. Yasin Miah FCA (1001) Md. Omar Faruque ACA (1051) Palash Ranjan Bhowmik ACA (1060) Sabuj Hossain Chowdhury ACA (1119) Uttam Kumar Saha ACA (1121) Md. Shohel Rana ACA (1383) Sajib Sarkar ACA (1467) Ashraf-Uz-Zaman Ali ACA (1518) Member Secretary: Mahbub Ahmed Siddique FCA, Senior Deputy Director (Technical)-ICAB COMMITTEE ON PUBLIC FINANCE AND PUBLIC SECTOR ACCOUNTING 2013 Chairman: Dr. Md. Abu Sayed Khan FCA Members Showkat Hossain FCA Muhammed Farhad Hussain FCA A F Nesaruddin FCA Kamrul Abedin FCA Dewan Nurul Islam FCA Adeeb Hossain Khan FCA Md. Shahadat Hossain FCA Nasim Anwar FCA AKM Aftabul Islam FCA (283) J amaluddin Ahmed Ph.D, FCA (498) Kazi Ehsanul Huq FCA (581) Suraiya Zannath Khan FCA (582) AKM Shamsul Alam FCA (584) Mohammad Abu Kaiser FCA (626) Md. Helal Uddin FCA (645) Mahtab Murshed FCA (854) Md. Eftekhar Ali FCA (910) Mohammad Motaleb Hossain FCA (950) Mohammad Arisur Rahman ACA (1100) Abdus Sattar ACA (1113) Rajesh Kumar Yadav ACA (1132) Rokeya Khatun ACA (1150) Khairul Mobasserin ACA (1188) Ziaur Rahman Zia ACA (1259) Member Secretary: Yesmin Hosna ACA, Deputy Director (LDP)-ICAB AUDIT COMMITTEE 2013 Chairman: AK Gulam Kibria FCA Members Md Abdus Salam FCA Muhammad Farooq FCA Md. Syful Islam FCA Nasim Anwar FCA Md. Humayun Bokhteyar FCA (631) Mohammed Sabir Ahmed FCA (949) Member Secretary: Secretary-ICAB COMMITTEE ON PROFESSIONAL ACCOUNTANTS IN BUSINESS (PAIB) 2013 Chairman: Anwaruddin Chowdhury FCA Members Gopal Chandra Ghosh FCA Muhammed Farhad Hussain FCA Kamrul Abedin FCA Dewan Nurul Islam FCA Adeeb Hossain Khan FCA Md. Shahadat Hossain FCA Burhanuddin Ahmed FCA (169) Qudrate Khuda FCA (191) Md. Showkat Hossain FCA (196) Sheikh Farid Ahmed FCA (227) Tapan Krishna Podder FCA (442) Syed Abdul Hamid FCA (464) Prithwish Kumar Roy FCA (504) Hasan Mahmood FCA (564) Suraiya Zannath Khan FCA (582) AKM Shamsul Alam FCA (584) Nehal Ahmed FCA (609) Parveen Mahmud FCA (632) Md. Rafiqul Islam FCA (633) Noor-E-Khoda Abdul Mobin FCA (656) Imtiaz Lutful Baset FCA (663) AKM Kamrul Islam FCA (670) Sib Sankar Saha FCA (702) Dipen Kumar Saha Roy FCA (717) Moddassar Ahmed Siddique FCA (722) Ahmed Raihan Shamsi FCA (745) Md. Habibullah Monju FCA (759) Md. Sayeed Ahmed FCA (811) Mohammed Habibus Samad FCA (819) Mostafa Kamal FCA (829) Mahtab Murshed FCA (854) Mohammad Sayduzzaman FCA (855) Mohammed Shakil Choudhury FCA (868) Mohammad J ashim Uddin FCA (869) Nanda Dulal Saha FCA (895) Ajit Kumar Paul FCA (908) Md. Eftekhar Ali FCA (910) Abdullah Al Mahmud FCA (915) Md. Selim Reza FCA (939) Mohammad Motaleb Hossain FCA (950) Mohammad Atikuzzaman FCA (986) Mohammad Mizanur Rahman FCA (987) AKM Fazlul Karim ACA (1044) Mahbub Alam ACA (1050) Sandip Halder ACA (1079) Abdullah Al Mahbub ACA (1086) Md. Khalilur Rahman ACA (1095) Anjan Mallik ACA (1099) Sujit Kumar Das ACA (1103) Mohammad Ibrahim Khalil ACA (1128) Rajesh Kumar Yadav ACA (1132) Mostak Ahmmed ACA (1134) Khairul Mobasserin ACA (1188) J one Kumer Gupta ACA (1203) Azizul Hasan Sattar ACA (1297) Member Secretary: Muhammad Golam Shahriar ACA, Deputy Director (Technical)-ICAB ADVISORY COMMITTEE 2013 Chairman: Zahir Uddin Ahmed FCA Co-Chairman: Noor Mohammad Howladar FCA Members Md. J ainul Abedin FCA AKM Mosharraf Hossain FCA Mohammed Toha FCA Kamal Ziaul Islam FCA (24) AKM Rafiqul Islam FCA Abdul Hafiz Choudhury FCA J amal Uddin Ahmad FCA (19) ABM Azizuddin FCA M A Quadir Mollah FCA M A Halim Gaznavi FCA Howlader Mahfel Huq FCA Badrul Ahsan FCA A N Altaf Hussain Siddiqui FCA Anil Chandra Nath FCA Abbas Uddin Khan FCA Md. Anisur Rahman FCA Abul Khair Chowdhury FCA (52) Anwaruddin Chowdhury FCA M A Baree FCA A K Gulam Kibria FCA Akhtar Sohel Kasem FCA Sheikh A. Hafiz FCA ASM Nayeem FCA Muhammed Farhad Hussain FCA Md. Humayun Kabir FCA Nasir Uddin Ahmed FCA J amaluddin Ahmed Ph.D, FCA (498) Parveen Mahmud FCA Md. Syful Islam FCA President Vice President (T&R) ICAB Vice President (F&A)-ICAB Vice President (E&T)-ICAB Member Secretary: Secretary-ICAB ICAB News Bulletin No. 280 24 February 2013 Published by the Editorial Board of the Council, The Institute of Chartered Accountants of Bangladesh (ICAB) 100 Kazi Nazrul Islam Avenue, Dhaka 1215; Tel. 9117521, 9112672, 9115340 , 9137847 Fax: 880-02-8119399 E-mail: secretary@icab.org.bd Website: www.icab.org.bd Chittagong: HBFC Building (3rd Floor), 1/D, Agrabad Com. Area, Chittagong, Bangladesh Tel: 880-31-724674 Fax: 880-31-813579 E-mail: icabctg@spctnet.com UK Chapter: Suite One, 2 Haydons Road, London SW19 1HL, United Kingdom Tel: 44-020 8544 1234 Fax: 44-020-8544 1400 E-mail: frahman101@aol.com North American Chapter: 5 Massey Square, Suite-2519, Toronto, Ontario M4C 5L6, Canada Tel: 416-686 6760 Fax: 416-916 1091 E-mail: shahed.sharfuddin@td.com Speakers at a roundtable Restoration of investors confidence is catalyst to stabilize Stock Market Speakers at a roundtable discussion said that restoration of investors' confidence is the main task to stabilize the Stock Market in the country. Chittagong Stock Exchange Ltd. (CSE) organized the roundtable discussion on Restoration of Investors Confidence at its Dhaka Office on 09 February 2013. Under the chairmanship of Al-Maruf Khan FCA, President of CSE, leaders of different stakeholders including Md. Abdus Salam FCA , President-ICAB and. Md. Syful Islam FCA, Immediate Past President-ICAB, Faruk Ahmed Siddiqi, former Chairman of Bangladesh Securities and Exchange Commission, Kazi Akramuddin Ahmed, President of FBCCI, Nurul Amin, President of Association of Bankers, Bangladesh, Md Fayekuzzaman, Managing Director of ICB, Tapan Chowdhury, President of Bangladesh Association of Publicly listed companies participated in the roundtable. Policy implementation and its proper execution will ensure transparency in the stock market activities. Faruk Ahmed Siddiqi, former Chairman of Bangladesh Securities and Exchange Commission (BSEC) commented. He also added that there is a shortage of skilled manpower in the Regulator, especially in the process of listing of new companies. President ICAB said that there is no Chartered Accountant in the Regulator to scrutinize the financial statements of the companies. He also observed that companies can take premium on shares whatever they want and even there is no committee on the issue in the BSEC. He urged to BSEC to take appropriate steps for strengthening the Investors confidence specially on this issue. Nesar receives Runner Up trophy of Golf Tournament A F Nesaruddin, a Fellow and Council Member of the ICAB wins the 2nd Runner Up trophy in the 12th Square Golf Tournament 2013 held at Kurmitola Golf Club. In the Picture, he is seen receiving trophy from Lieutenant General Abu Belal Mohammad Shafiul Huq, ndc, psc, Principal Staff Officer, Armed Forces Division at a function held on 15 February 2013. A number of total 551 golfers participated in this tournament. Congratulation and best wishes to Nesar for his consecutive success in Golf! Syful Islam Talks on Share Market in RTVs Talk Show Md. Syful Islam FCA, immediate Past President-ICAB participated live Talk Show Program Share Bazar O Apnar J iggasha on 27 February 2013 night at RTV. Topic of the Talk Show was Role of Institutional Investment to ensure stable Share Market (Share Bazare Isthetishilota Dore Raktey Prathisthanik Biniyog Er Vumika). Syed Ashique Rahman, Dr. Mohammad Helal, Economist and two other eminent personalities also took part in the Talk Show. Syful Islam highlighted the role of Chartered Accountants to improve the Countrys Capital market and to restore the investors confidence in the market. He also answered some questions received by telephone on the topic. A Team of Articled Students Assoc meets ICAB President An Articled Students Association Team led by its President Mashiur Rahman met ICAB President Md. Abdus Salam FCA at his office on 12 February 2013. They briefed different affairs of student concern. The issues were; amendment proposal of Articled Students Association under Article 140 of ICAB Bye-Laws 2004, increase ICAB subsidy for CA Hostel to meet the expenses, increase number of attempts to create opportunities for more chances of Knowledge Level and Application Level students, consider to hold Advance Stage (integration) and Case study exam at the same time, problems of Articled Students at same CA Firms. President urged the student leaders to uphold the professional image. He also assured them that the issues raised would be given due attention.
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