ICAEW signs MoU with Bangladesh institute

ICAEW to work with Bangladesh institute on standards and how members from one can access the other

Written by Kevin Reed

A deal has been struck between the ICAEW and the Bangladesh institute over the developing the profession.

The ICAEW will work with the Insititute of Chartered Accountants of Bangladesh (ICAB) to develop the accounting and auditing professions in the region.

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The memorandum of understanding was agreed by ICAEW president Martin Hagen and ICAB president Nasir U Ahmed at a ceremony in Dhaka.

They will work together on a new ICAB qualification, which originally started as part of a Ministry of Commerce project in the country. Both will look at examining requirements allowing members of one body to access the other, and liaise on technical matters.

“The ICAEW and the ICAB have over the last couple of years developed a very fruitful relationship through the joint work to strengthen the accountancy profession in Bangladesh,” said Hagen.

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