The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organized a workshop on two topics:  “Corporate Governance Compliance Audit” and “Cost Audit” on Friday, June 03, 2016 at ICMAB Ruhul Quddus Auditorium, ICMA Bhaban, Nilkhet, Dhaka.

ICMAB Workshop-governance

Mr. Mohammad Iqbal, Chairman, Bangladesh Chemical Industries Corporation (BCIC) graced the workshop as Chief Guest and Mr. Arif Khan FCMA, President of ICMAB presided over the program. Mr. Jamal Ahmed Choudhury FCMA, Vice President, ICMAB presented the first technical paper on Corporate Governance Compliance Audit and Mr. M. Abul Kalam Mazumdar FCMA, Past President, ICMAB presented the second technical paper of the workshop on “Cost Audit”. In the day long workshop speakers emphasized for effective implementation of Cost Audit for better Corporate Governance of listed companies.

The speakers of the workshop mentioned that cost audit is an essential tool to find out real cost of production in manufacturing organizations. They mentioned that Cost Audit has been successfully been implemented in India and Pakistan. Its implementation in Bangladesh can help establish good governance and transparency. Prof. Dr. Swapan Kumar Bala FCMA Treasurer, ICMAB offered vote thanks. A large number of fellow and Associate members were present in the workshop.

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