ICMAB

With profound grief we inform you that former Chairman of the Chittagong Branch Council and renowned member of the ICMAB Mr. Dilip Kumar Sengupta, FCMA, breathed his last at his residence on Saturday September 19, 2016.on 7:00 a.m. at Chittagong Medical College, Chittagong. He was 62.

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To discuss on his memorable life the Chittagong Branch Council organized a condolence meeting on September 30, 2016 at CMA Bhaban, Chittagong. Prof. Mamtaz Uddin Ahmed FCMA & Mr. Mohammed Salim FCMA, Past Presidents of the Institute and members based in Chittagong were present in the occasion. On behalf of the Institute Mr. Mohammed Nurul Siddiquee FCMA, Chairman, CBC handed over a sum of Tk. 50,000/- to Mr. Anil Kumar Sengupta, father of Late Dilip Kumar Sengupta FCMA which was given  from ICMAB Members Fund for Financial Assistance (MFFA).

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A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its Past President Mr. Muzaffar Ahmed FCMA called on Alhaz Amir Hossain Amu MP, Minister for Industries, Government of the People’s Republic of Bangladesh at his office on September 29, 2016.

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The ICMAB delegate appraised the Minister about the role of Cost and Management Accountants and their contribution towards the establishment of transparency, accountability and corporate governance in the business and industrial sectors of our country. They explained to the Industries Minister as to how the industries sector of the country would be profitable through Cost Audit and also discussed about the process of implementing the Cost Audit.

The Industries Minister assured the delegate to Provide all possible help and assistance for the development & implementation of Cost Audit.

Past Presidents & Council Members Mr. M. Abul Kalam Muzumdar FCMA, Mr. Mohammed Salim FCMA, Treasurer Prof. Dr. Swapan Kumar Bala FCMA and Executive Director of the Institute Mr. Md. Mahbub Ul Alam FCMA were present in the meeting.

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Mr. Habibur Rahman FCMA, Past President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) breathed his last at his residence on Saturday August 27, 2016 at 2:00 P.M.. at Dhanmondi, Dhaka (Inna............. Rajeun). He was 81.

Mr. Rahman was elected as President of ICMAB for the years 1991 and 1997. He also served as the President of South Asian Federation of Accountants (SAFA) for the year 1991. Mr. Rahman was also a renowned sportsman and was passionately involved in playing Football & Tennis. He was Vice-Captain of the National Football team in 1957.

All Fellow and Associate members, students, officers and staff of ICMAB are deeply shocked at the sad demise of Mr. Rahman and remembering his invaluable contribution for the development of the Cost and Management Accounting profession in Bangladesh. We pray to the almighty Allah for the salvation and eternal peace of the departed soul.


 

A five members delegate of ICMAB led by its President Mr. Arif Khan FCMA met Mr. Md. Mahmud Reza Khan, Chairman, Bangladesh Petroleum Corporation (BPC) at his office on 8 September 2016. A Fruitful discussion was held regarding engagement of CMAs to assist BPC improving its efficiency and conducting Cost Audit in all the companies owned by BPC including Eastern Refinery.

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Among others, Past President Mr. M. Abul Kalam Mazumder FCMA  and Mr. Mohammed Salim FCMA, Secretary Mr. Md. Abdur Rahman Khan FCMA and Executive Director of the Institute Mr. Md. Mahbub Ul Alam FCMA were present on the occasion and took part in the discussion.

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Arif Khan FCMA called on Mr. Nazimuddin Chowdhury, Secretary in Charge, Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Government of the People’s Republic of Bangladesh at his office on June 06, 2016.

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ICMAB President updated the honorable Secretary in Charge about the overall affairs of the Institute and particularly about the Cost Audit activities. He also sought help of the Secretary for implementation of Cost Audit in all companies under Bangladesh Petroleum corporation. The Secretary assured the delegate to provide all out support and assistance to ICMAB.

Secretary of ICMAB Mr. Md. Abdur Rahman Khan FCMA, Past Presidents Mr. M. Abul Kalam Mazumdar FCMA & Mr. Mohammed Salim FCMA and Director in Charge Mr. Nazmus Salehin of the Institute were among the delegates present on the occasion.

Mr. Arif Khan, FCMA, president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Mr. Zunaid Ahmed Palak, M.P. State Minister, Information and Communication Technology (ICT), Government of the People's Republic of Bangladesh at his office on September 04, 2016 to discuss matters of human resources development for the emerging ICT sector of Bangladesh.

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Mr. Arif apprised the State Minister about the professional expertise of the Cost and Management Accountants and their role in the industry and service sectors of the national economy. He also requested the Minister to create an opportunity where ICMAB can work with Information and Communication Technology (ICT) Division and contribute their expertised knowledge in ICT related training and developments.

The State Minister briefed about the Vision of the Present Govt. on IT Sector. He expressed his view that ICMAB can work together with Govt. to develop skilled manpower on Accounting and Finance under business process outsourcing (BPO) program. Where there are huge opportunities to enhance the skills of the young generations as well as earning foreign currency for the country like Sri Lanka and India. The State Minister assured the ICMAB delegation to extend necessary co-operation for the development of CMA profession.

Among others, Past President Mr. Mohammed Salim FCMA, Secretary Mr. Md. Abdur Rahman Khan FCMA were present on the occasion and took part in the discussion.

A Program on Special Offer to ACMAs of ICMAB for CIMA SCS Exam Directly held at ICMAB on 24 May 2016 at 7:00 p.m. at ICMA Bhaban, Nilkhet, Dhaka. Mr. Arif Khan FCMA President, ICMAB attend the session as Chief Guest.

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Under a special arrangement CIMA has agreed to offer Strategic Case Study exam directly to the ACMAs of ICMAB. Under this exclusive offer our ACMAs  will get 16 papers exemptions out of 17 papers of CIMA Professional Qualification. ACMAs of the Institute need to pass only 1 Case Study Exam to complete the CIMA Qualification.

A briefing Session on this special route including exam technique and the registration process was discussed. A good number ACMAs were present in the program. A team from CIMA also attended and briefed the members about the offer. They informed that the offer will remain valid for a limited time to enroll as a CIMA student.

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