The Institute of Chartered Accountants of Bangladesh Joins Chartered Accountants Worldwide and Strengthens International Presence

The Institute of Chartered Accountants of Bangladesh (ICAB) has become the twelfth member of international body Chartered Accountants Worldwide. ICAB is the seventh Chartered Accountancy body to be awarded Associate membership to the organisation since it was launched in February 2013.

As an Associate Member, ICAB joins a group of globally-recognised Chartered Accountancy bodies that are committed to enhancing the value of the Chartered Accountant brand and the profession. Being admitted to Chartered Accountants Worldwide recognises the importance of the qualification in Bangladesh and demonstrates ICAB’s commitment to the highest professional and ethical standards.

The Institute of Chartered Accountants of Bangladesh (ICAB) is a national professional accountancy body in Bangladesh, established under the Bangladesh Chartered Accountants Order, 1973 (President’s Order No. 2 of 1973) for the purpose of regulating the profession of accountants and related matters that also formulates Accounting and Auditing Standards for Bangladesh.

Chartered Accountants have been a mark of excellence in the accountancy and business sectors for over 150 years. There are Chartered Accountants working in over 200 locations across the world.

Pat Costello, Chairman of Chartered Accountants Worldwide said: “We are delighted that ICAB has joined the Chartered Accountants Worldwide family. ICAB has played a key role in developing the accountancy profession in Bangladesh over the last four decades and shares our ambition to work together and promote the very highest standards of the profession globally. We look forward to the fresh perspectives ICAB will bring to the table.”

President Adeeb H. Khan of ICAB said, “ICAB is delighted to become an Associate Member of Chartered Accountants Worldwide and to be part of this global family. We look forward to working with Chartered Accountants Worldwide to further increase the value and reputation of the Chartered Accountancy brand in Bangladesh and internationally.”

Lee Fook Chiew, Chief Executive Officer of the Institute of Singapore Chartered Accountants (ISCA), said: “We warmly welcome ICAB as our newest Associate member in Chartered Accountants Worldwide. As Chartered Accountants Worldwide expands its presence to include more chartered accountancy professional bodies in diverse parts of the world, the brand recognition of the chartered accountant professional designation will be strengthened globally.”

By joining Chartered Accountants Worldwide as an Associate member, ICAB, with over 1,700 members, continues the expansion of the organisation which now supports some 700,000 members and over 1m students worldwide. Chartered Accountants Worldwide members include the founder members: Chartered Accountants Australia and New Zealand (CA ANZ), Chartered Accountants Ireland, ICAEW, ICAS and the South African Institute of Chartered Accountants (SAICA), and associate members: the Institute of Chartered Accountants of Pakistan (ICAP), The Zambia Institute of Chartered Accountants (ZICA), the Institute of Indonesia Chartered Accountants (IAI), the Institute of Chartered Accountants of India (ICAI) and the Institute of Chartered Accountants of Sri Lanka.

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For media queries, please contact:

Institute of Singapore Chartered Accountants
Contact Betsy Tan on +65 6597 5608 or email betsy.tan@isca.org.sg

The Institute of Chartered Accountants of Bangladesh
Mahbub Ahmed Siddique mahbub@icab.org.bd and Muhammed Imrul Quayes secretary@icab.org.bd

Chartered Accountants Worldwide
Contact James Douglass on +44 (0)20 7920 8718 or email james.douglass@icaew.com

Notes to Editor:

1. Chartered Accountants Worldwide

Chartered Accountants Worldwide has been created by the leading institutes of Chartered Accountants from around the world to support, develop and promote the vital role that Chartered Accountants play throughout the global economy. More information on the organisation can be found at charteredaccountantsworldwide.com 

Chartered Accountants Worldwide Associate membership is open to Chartered Accountancy bodies who:

• refer to their members as Chartered Accountants and legitimately use the Chartered Accountant brand;
• are a member of IFAC or an IFAC Recognised Regional Organisation (e.g., CAPA or PAFA);
• require their members to commit to continuing professional development;
• are committed to working together to promote the Chartered Accountancy brand; and
• can demonstrate how they are improving the quality of the Chartered Accountancy qualification.

2. Institute of Chartered Accountants of Bangladesh

ICAB is a leading professional membership organization that promotes and develops accountancy profession in Bangladesh. ICAB members hold a widely respected professional accounting qualification which supports enterprise, corporate governance and sustainable growth in the business environment. As leaders in accountancy, finance and business ICAB members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. ICAB is working to promote and regulate high quality financial reporting and auditing in Bangladesh, to develop and maintain the competence of professional accountants and to enhance the reputation of the accounting profession in all sectors of the economy.

3. Institute of Singapore Chartered Accountants

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing value to our members, the profession and wider community. There are over 32,000 ISCA members making their stride in businesses across industries in Singapore and around the world.

Established in 1963, ISCA is an advocate of the interests of the profession. Possessing a Global Mindset, with Asian Insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards Singapore’s transformation into a global accountancy hub.

ISCA is the Administrator of the Singapore CA Qualification and the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation.

ISCA is a member of Chartered Accountants Worldwide (CAW). CAW brings together 12 chartered accountancy bodies connecting and representing the interests of over 1.6 million members and students globally.

For more information, visit www.isca.org.sg.