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{{Short description|Accounting institute in Bangladesh}}
{{Unreferenced|date=June 2007}}
{{Use Bangladeshi English|date=March 2017}}
'''Institute of Cost and Management Accountants of Bangladesh''' (ICMAB) at ], ], ] is the only Institution in the country dedicated to Cost and Management Accounting education and research. It is managed as an autonomous professional body under the Ministry of Commerce. Apart from education, it is also engaged in regulating and promoting the profession of cost and management accounting in Bangladesh. The Institute is managed by a National Council of 16 members. It is a member of ] (IFAC), Confederation of Asian and Pacific Accountants (CAPA), and South Asian Federation of Accountants (SAFA).
{{Use dmy dates|date=March 2017}}
{{Infobox university
⚫ | name = The Institute of Cost and Management Accountants of Bangladesh
| native_name =
| image = icmab logo.gif
| motto =
| established = {{start date|1977}}
| type = The national body of the professional Cost and Management Accountants of Bangladesh
| president = Prof. Dr. Md. Salim Uddin FCMA
| vice-president = Mr. Mahtab Uddin Ahmed FCMA and Mr. Md. Akhtaruzzaman FCMA
| affiliation = ] and ]
| academic_staff =
| administrative_staff =
| students = 30,000
| postgrad =
| doctoral =
| city = ]
| country = Bangladesh
| campus = ], ], ], ] (main), ], ], ]
| website = {{URL|http://icmab.gov.bd/}}
}}


The '''Institute of Cost and Management Accountants of Bangladesh''' ('''ICMAB''') is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the ]. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.<ref name=visionmission>, ICMAB</ref><ref>{{Cite news |url=https://www.thedailystar.net/news-detail-47744|title=ICMA admission|date=2008-07-28|work=The Daily Star|language=en|access-date=2019-08-03}}</ref><ref>{{Cite news |url=https://www.thedailystar.net/news-detail-15411|title=Poor management creates poverty for Bangladesh|date=2007-12-14|work=The Daily Star|language=en|access-date=2019-08-03}}</ref>
==Source==
⚫


== History ==
{{Bangladesh-edu-stub}}
In 1972, the institute was re-established in the name of Bangladesh Institute of Industrial Accountants again. The Government of Bangladesh renamed it as The Institute of Cost and Management Accountants of Bangladesh through promulgation of The Cost and Management Accountants Ordinance 1977 (Ordinance No LIII of 1977).<ref name="icmab"></ref>
{{Bangladesh-org-stub}}
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is a leading professional body in Bangladesh that offers professional qualification in Cost and Management Accountancy, with a focus on accounting for business. ICMAB programme has been designed to meet the evolving needs of business-today and tomorrow. We look forward to helping you to achieve excellence as a professional.


ICMAB members are known as CMAs with their designatory title ACMA and FCMA. They play leading roles in the accountancy and finance profession in Bangladesh. 30% of members live and work outside of Bangladesh.<ref name="icmab" /><ref>{{Cite web|url=http://www.icmab.org.bd/index.php?option=com_content&task=view&id=14&Itemid=45|title=Home}}</ref>
ICMAB is committed to maintain the highest standards while serving our students, members and our business partners. As a professional Institute, we are committed to continuous improvement and also to cope up with the changing environment as a result we are increasingly the first choice for students and employers.


== International association ==
ICMAB upholds high ethical and professional standards to maintain public confidence in the field of Cost and Management Accountancy. Today, more and more new, unique and innovative businesses are operating in the globalized market. This is facilitated by the advancement in information and communication technology. Cost and Management Accounting program will adequately prepare professional accountants for the new world of business.


ICMAB is a member of the following international accounting bodies:
ICMAB, an autonomous professional body under the Ministry of Commerce, Government of the People's Republic of Bangladesh is the only Institute in the country dedicated to Cost and Management Accounting education and research.
* ] (IFAC)
* Confederation of Asia Pacific Accountants (CAPA)<ref>{{cite web |url=http://www.capa.com.my/ |title=Home |website=capa.com.my}}</ref>
* ] (SAFA)<ref>{{cite web |url=http://www.esafa.org/ |title=Home |website=esafa.org}}</ref>
* International Accounting Standard Board (IASB)<ref>{{Cite web |url=http://www.iasb.org/ |title=IASB home |access-date=24 January 2020 |archive-url=https://web.archive.org/web/19970522055936/http://www.iasb.org/ |archive-date=22 May 1997 |url-status=dead }}</ref>

== National and international recognition ==
The ICMAB qualification is recognised by many professional bodies nationally and internationally. The bodies that have granted exemption to ICMAB members or qualified students are:
* ] (CIMA), UK<ref>{{cite web|title=CIMA Membership|url=http://www.cimaglobal.com/About-us/Press-office/Press-releases/2010/July-2010/CIMA-signs-MoU-with-ICMAB-in-Bangladesh/|publisher=CIMA |access-date= 15 October 2015}}</ref>
* ] (ACCA), UK
* ] (IMA), US
* ] (CMA Canada)
* ] (CGA-Canada)
* Institute of Certified Financial Consultants (IFC), the United States and Canada
* Institute of Certified Public Accountants (ACPA), US
* ] (IPA), Australia
* ] (ICAB)

==References==
{{reflist}}
{{IFAC Members|state=collapsed}}

{{authority control}}

]
]
]
]
]

Latest revision as of 12:33, 8 December 2024

Accounting institute in Bangladesh

The Institute of Cost and Management Accountants of Bangladesh
TypeThe national body of the professional Cost and Management Accountants of Bangladesh
Established1977 (1977)
AffiliationInternational Federation of Accountants and International Accounting Standards Board
PresidentProf. Dr. Md. Salim Uddin FCMA
Vice-presidentMr. Mahtab Uddin Ahmed FCMA and Mr. Md. Akhtaruzzaman FCMA
Students30,000
LocationDhaka, Bangladesh
CampusBogra District, Chattogram, Comilla, Dhaka (main), Jessore, Khulna, Rajshahi
Websiteicmab.gov.bd

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.

History

In 1972, the institute was re-established in the name of Bangladesh Institute of Industrial Accountants again. The Government of Bangladesh renamed it as The Institute of Cost and Management Accountants of Bangladesh through promulgation of The Cost and Management Accountants Ordinance 1977 (Ordinance No LIII of 1977).

ICMAB members are known as CMAs with their designatory title ACMA and FCMA. They play leading roles in the accountancy and finance profession in Bangladesh. 30% of members live and work outside of Bangladesh.

International association

ICMAB is a member of the following international accounting bodies:

National and international recognition

The ICMAB qualification is recognised by many professional bodies nationally and internationally. The bodies that have granted exemption to ICMAB members or qualified students are:

References

  1. Vision & Mission, ICMAB
  2. "ICMA admission". The Daily Star. 28 July 2008. Retrieved 3 August 2019.
  3. "Poor management creates poverty for Bangladesh". The Daily Star. 14 December 2007. Retrieved 3 August 2019.
  4. ^ Institute of Cost and Management Accountants official website
  5. "Home".
  6. "Home". capa.com.my.
  7. "Home". esafa.org.
  8. "IASB home". Archived from the original on 22 May 1997. Retrieved 24 January 2020.
  9. "CIMA Membership". CIMA. Retrieved 15 October 2015.
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