Following the global financial crisis in

ISSN 1993-5366 ICAB News BulletinNo. 268 Monthly News briefing from the Institute of Chartered Accountants of Bangladesh MEMBER OF: Muhith Inaugurates the ICAB-CAPA International Conference IN THIS ISSUE Muhith Inaugurates the ICAB-CAPA International Conference ICAB Organizes Press Conference CAPA-Public Sector Financial Management Committee Meeting Meeting held between ICAB and ACCA Delegation President's Communicatio - ICAB Members' Conference Observance of 25th Bangladesh CA Hostel Anniversary Record Number of Candidates pass final CA Exams President meets ICAEW President President Visits UK Chapter Observance of International Mother Language Day UK Chapter Activities- Permission to Start Practice Permission to Join as Partner We Mourn Mr. Abul Maal Abdul Muhith, MP, Hon'ble Finance Minister, GoB, delivering his speech as Chief Guest of ICAB-CAPA International Conference Inaugural Session at Pan Pacific Sonargaon Hotel, Dhaka. Following the global financial crisis in 2008 and recent sovereign debt around the world, there has been a growing emphasis on improved governmental financial reporting, and increased demand for accountability and transparency. The Institute of Chartered Accountants of Bangladesh (ICAB) and the Confederation of Asian and Pacific Accountants (CAPA) jointly organized a full-day International Conference held on 23 at Pan Pacific Sonargaon Hotel, Dhaka. Mr. Abul Maal Abdul Muhith, MP, Hon ble Finance Minister, GoB was the Chief Guest of the Conference. Delivering his speech as Chief Guest, Mr. Abul Maal Abdul Muhith, MP, Hon ble Finance Minister, GoB said our government is always concerned on how to bring financial discipline in public sector. I hope this conference will provide the professionals with the opportunity to exchange their views and knowledge and come up with suggestions to strengthen Bangladesh Public Sector Accounting and Auditing. GM Quader, MP Special Guest

Mr. G. M. Quader, MP, Hon ble Commerce Minister, GoB, Special Guest of the ceremony said that to improve the economic condition, a joint effort of the governments across the globe is essential. Bangladesh government is equally concerned on how to improve our economy by bringing financial discipline in public sector. Delivering the address of welcome the Chairman of the Organizing Committee of the Conference Mr. M. Farhad Hussain FCA said that Accountability in the public sector M. Farhad Hussain FCA Chairman environment is a very complex process. The concept of accountability of public resources is key in our aspiration of good governance and sustainable governing process and a critical element for a democracy. Legislators, government officials, and the public want to know whether government services are being provided efficiently, effectively, economically, and in compliance with laws, rules and regulations. Public sector auditing is a key element to ensuring the government s accountability to all stakeholders in the public interest. It is apparent that the Government Audit makes a clear distinction between Receipts & Payments Audit (cash based accounts) and True and Fair View Audit (accruals based accounts), depending on the accounting system used. The CAG is empowered to conduct audits of the financial administration and performance management processes of the public sector. Time has now come for appropriate authorities of the Government, like the CAG, to take cognizance of the usefulness of ICAB News Bulletin No. 268 adoptability and practical implementation of the international public sector accounting and auditing standards to ensure high quality transparency and credibility of reported financial information. The CAG may consider leveraging the professional services of Chartered Accountants through mutually beneficial, strategic Public Private Partnerships in Government/ Public Sector accounting and Auditing. Mr. Md. Syful Islam FCA, President, ICAB delivered his inaugural speech. He said that the Conference theme Md. Syful Islam FCA President-ICAB A view of the Audience of ICAB-CAPA International Conference 2

focuses on the contentious issues of world economy that needs to be addressed urgently. The Public sector provides the required thrust to the economy and nurtures the human resources, which is the vital ingredient for success of any enterprise; public or private. The Public sector in Bangladesh as well as the regional countries faces new challenges of accountability and transparency in the case of economic, efficient and effective use of public resources. The region becomes concerned to safeguard their national economy chasing the requirement of high quality Accounting and Auditing to support the high quality Financial Management. Strengthening Public Sector Accounting and Auditing can ensure accountability and transparency in procurement of government resources, formation of proper budgets, keeping proper recording and reporting of assets as well as providing accurate financial information. Hence, practice on International Accounting and Auditing Standards, following IPSAS, ISA and ISSAI (The International Standards of Supreme Audit Institutions) in Supreme Audit Institution (SAI) of the nations is the prime requirement for the progress of regional economies. Keith Wedlock President-CAPA Mr. Keith Wedlock, President, CAPA said that CAPA exists to develop, coordinate, and advance the accounting profession in the Asia Pacific region. The Asia Pacific region is an increasingly important and strong contributor to the global economy, demonstrating leadership in many areas of business and finance. Public sector accounting, auditing and reporting has been prominent in recent times, following a series of countries experiencing sovereign debt issues and also with many government interventions following the latest global financial crisis. Anwaruddin Chowdury FCA Paper Presenter The theme paper was presented by Mr. Anwaruddin Chowdhury FCA. In his paper, he broadly explained the Public Sector Accounting and Auditing practices in Bangladesh. He said that the adoptability of IPSAS and/or Accrual-based accounting or for that matter the application of ISSAI or ISA, in Public Sector Accounting and Audit practices, may not be a panacea for overcoming all economic ills (shortcomings) prevailing in the public sector financial reporting and auditing systems in Bangladesh or the SAFA/CAPA ICAB News Bulletin No. 268 regions, however, it would be a pragmatic step to move towards restoration of financial discipline and strengthening public sector financial management through more objective financial reporting and credible auditing. He also added that we should form strategic partnership with professional accountancy bodies like the ICAB and ICMAB. This would impart tremendous synergy and quality assurance through sharing of knowledge, technical skills and professional expertise. Md. Abdus Salam FCA Vice President Mr. Md. Abdus Salam FCA, Vice President, ICAB offered the vote of thanks at the Conference. There were two technical sessions in which 7 technical papers were presented. 3

ICAB News Bulletin No. 268 Immediately before the ICAB- CAPA International Conference, the Institute of Chartered Accountants of Bangladesh (ICAB) organized a Press Conference on 21st at Traning Room, 6th floor, CA Bhaban. Mr. Md. Syful Islam FCA, President, ICAB presided over the conference. Vice Presidents, Council Members participated in the press conference. Mr. Md. Syful Islam said that at the backdrop of present financial crisis, the demand for effective Public Sector Financial Management in respect of economic growth is very urgent. In Bangladesh, the Accounting and Auditing practices is based on Cash Basis Accounting, which does not really encourage the International Public Sector Accounting Practices and in many cases fail to report on Economic, Efficient and Effective use of public resources with proper accountability and transparency. In the conference the ICAB representatives drew attention to the roles and functions of the Institute that are unknown to many. The conference highlighted the importane of the coverage of the Press Conference conference of the Institute of Chartered Accountants of Bangladesh (ICAB), representing the accountancy profession in Bangladesh, and the Confederation of Asian and Pacific Accountants (CAPA) representing the regional accountancy profession, of which ICAB is a Member. The focus of the conference as explained, following the global financial crisis and recent debt crisis around the world, the growing urgency for accountability and transparency especially in public sector, is to be address in international and national perspectives. As such, it is imperative that a country like Bangladesh reviews it s exiting Accounting and Auditing system so that the challenges can be successfully met. It was informed to the journalists that ICAB-CAPA had been organizing an International Conerence on the subject Strengthening Bangladesh Public Sector Accounting & Auditing- Global Reforms and the Way Forward, on 23. It further elaborated that the Conference is a manifestation of the ICAB and CAPA s proactive initiatives and firm commitment to serving the public interest and adding value to the economic growth of the region. The Conference is envisaged to catalyze Government recognition to effect necessary changes for implementing robust public sector financial management, ensuring high quality financial reporting and credible auditing systems, catering to the needs of diverse stakeholder groups. Mr. Md. Syful Islam FCA, President, ICAB briefing the Press Conference in the ICAB Training Room. 4

Technical Session-I The Conference held Technical Session-I on "Public Sector Accounting and Auditing- Current Status, Issues and Challenges. The session was chaired by Mr. Geoff Applebee, Chairman, CAPA PSFM Committee. Technical Paper on Public Sector Accounting and Auditing Global Overview" was presented by Mr. Brian Blood, Chief Executive of CAPA, Public Sector Management and Regional Development Donor Partnerships by Ms. Jennifer K. Thomson, Manager, Financial Management, The World Bank, Public Sector Accounting and Auditing in Bangladesh Status, Issues and Reforms by Mr. Ahmed Ataul Hakeem FCMA, Comptroller & Auditor General of Bangladesh. Technical Session-II Technical Session-II on Public Sector Accounting and Auditing The Way Forward was chaired by Mr. Abbas Uddin Khan FCA, Member Council & Past President ICAB. 4 technical papers were presented in this Session. Technical paper on Transition to Accrual Accounting Accountability, Transparency and Governance by Ms. Sumita Shah, Technical Manager, Public Sector of ICAEW, Reforming the Auditor General s Office The Sri Lankan Experience by Mr. Sujeewa Mudalige, Deputy President CAPA, Reforms in Public Sector Financial Management A Regional Perspective prepared by Mr. Masud Muzaffar, Former Accountant General of Pakistan which was presented by Mr. Rafaqat Ullah Babar FCA, Council Member of ICAP. Validictory Session In the Valedictory Session, Barrister Shafique Ahmed, Hon ble Minister, Ministry of Law, Justice & parliamentary Affairs, GoB was present as the Chief Guest. Mr. Md. Humayun Kabir FCA, Member Council & Past President ICAB wrapped up on 'highlights' of the Conference. Mr. Anwaruddin Chowdhury FCA, Member Council & Past President ICAB in his concluding speech highlighted the achievements of the Conference and focused on how the achievements/recommendations can be implemented by respective ICAB News Bulletin No. 268 Mr. Geoff Applebee, Chairman, CAPA PSFM Committee delivering his speech on Technical Session-I. A cultural show after Validictory Session. body of the Bangladesh government. The program ended with a colourful laser show and cultural programme reflecting Bangladeshi culture which was followed by a dinner. Mr. Abbas Uddin Khan FCA, Member Council & Past President ICAB delivering his speech on Technical Session-II. 5

Confederation of Asian and Pacific Accountants (CAPA) Public Sector Financial Management Committee Meeting hosted by the Institute of Chartered Accountants of Bangladesh (ICAB) was held at Pan Pacific Sonargaon Dhaka, on 24. The meeting was chaired by Mr. Geoffrey R. Appelebee, representative of the Institute Chartered Accountants in Australia (ICAA) and CPA Australia. The meeting was attended by different delegates from home and abroad. Among others Mr. Md. Syful Islam FCA, Presiedent, ICAB, Mr. Keith Wedlock, President, CAPA, Mr. Brian Blood, CAPA Chief Executive, Mr. Sujeewa Mudalige, Deputy President, CAPA, Ms. Sumita Shah, representative ICAEW, Ms. Jennifer Thomson, representative, World Bank, Mr. Gillan Fawcett, representative ACCA, Mr. Anwaruddin Chowdhury FCA, Director, CAPA, Mr. Farhad Hussain FCA, Chairman Organizing Committee of CAPA-ICAB International Conference, Mr. Md. Humayun Kabir FCA, Member Council and Past President, ICAB, Mr. N I Chowdhury FCA, Secretary, ICAB and also representatives from New Zealand, Korea, Australia, Pakistan, India, Nepal attended the meeting. The meeting formed the Public Sector Financial Management Committee and its terms of reference. It also defined ICAB News Bulletin No. 268 CAPA Public Sector Financial Management Committee Meeting A view of the ICAB-CAPA Board Meeting held at Pan Pacific Sonargaon Dhaka, on 24. the strategy as to how CAPA can best contribute to the development of high quality public sector accounting, auditing and financial management across the region. It also developed the work programme and discussed relevant issues. Finally, it was rounded up with the discussion on the future proposals and recommendations that is to be brought to the Board/Strategy Committee. Ameeting with ACCA delegation comprised of Ms. Lucia Real Martin, Director, Emerging Markets-Asia, Ms. Gillian Fawcett, Head of Public Sector and Ms. Mahua Rashid, Country Manager, ACCA Bangladesh was held on 22 at ICAB Office. ICAB team comprising, Mr. Md. Syful Islam FCA, President, ICAB, Mr. Md. Abdus Salam FCA, Vice President (Education & Training), Mr. M. Farhad Hussain FCA, Member Council & Past President, ICAB, Mr. N I Chowdhury FCA, Secretary- ICAB, Dr. Mahfuzul Hoque, Director (LPD), Mr. Mahbub Ahmed Siddique ACA, Sr. Deputy Director and Ms. Sayma Banu, Deputy Director (LPD)- ICAB attended the meeting. The neeting focused on the possible avenues for future cooperation between ICAB and ACCA. Meeting held between ICAB, ACCA Dlegation Mr. Md. Syful Islam FCA, President, ICAB is seen with the delegation of ACCA. 6

President's Communication Dear Fellow Members, Assalamu Alaikum. I would like to thank our members, both at home and abroad for very encouraging response to my earlier communication of January 2012 and for your valuable suggestions, which I shall try to implement in the months ahead. I would like to share below the major activities and initiatives we have undertaken in : Major Activities in Members Conference at Dhaka 2nd Members Conference for 2012 was held on 06 evening on the theme An Alternative Financial System for Inclusive Growth and Sustainable Development. Dr. Atiur Rahman, Governor, Bangladesh Bank was present in the conference as the Chief Guest. Mr. Md. Humayun Kabir, Managing Director, Sonali Bank Ltd. and Mr. Md. Abdul Mannan, Managing Director, Islami Bank Bangladesh Ltd. participated the occasion as Panel Speakers. Mr. Anwaruddin Chowdhury FCA, Member Council & Past President ICAB Chaired the Conference. Mr. Md. Abdus Salam FCA, Vice President (E&T)-ICAB presented the keynote paper. A good number of members attended the Members Conference and participated in the discussion. Meeting with ICAEW President & his team On an official visit to the UK, I met Mr. Clive Parritt FCA, President ICAEW in his ICAEW office, London on 10. Mr. Justin West, Head of New Business Opportunities, Ms. Jean Ettridge, Head of International Affairs and Ms. Sumita Shah, Technical Manager, Public Sector of ICAEW also joined that meeting. Mr. Vernon Soare, Executive Director of ICAEW participated that meeting through teleconference. During the meeting, I focused on following points and requested President ICAEW to extend their further support and cooperation: Need an ongoing cooperation to form an improved management structure of ICAB and train them to work effectively; Update the current study materials, preparation of question banks for different levels and stages, specially reviewing the case study prepared by ICAB resource Team; Arrangement of more Training for ICAB tutors, Examiners, Question Setters and assessors Arrangement of interactive Training and Workshop on IFRSs, ISAs, Professional development and others technical matters for ICAB Members and Technical Staff; To work on improvement of tuition facility for ICAB students; Actively work with QAD-ICAB and support QAD to strengthen the audit firm capacity building in line with the IFAC requirements (ISQC1 and SMO 1) and to enhance the audit quality monitoring; Actively support ICAB to effective implementation of IFAC SMOs Requirements; To enrich the ICAB existing website, e-library system and online education and to set up a modern computer lab with full support of IT equipment for members and students; To set up an English Language lab/centre for the students; To enhance the mutual cooperation on different development issues of ICAB; After detailed discussion, President ICAEW assured me that they will consider inviting one Bangladeshi Tutor to UK to study ICAEW final three papers and sit exams in 2012. Besides, ICAEW will also consider to bear the expenses of that Bangladeshi tutor partly. Mr. A K M Fazlur Rhaman FCA, Chairman-ICAB UK Chapter also participated the meeting with me. Before meeting with President ICAEW, another official meeting was held with ICAEW Executives on Case Study Review on the same day. Mr. Justin West, Mr. Samuel George Binks, Senior Case Study Expert and Ms. Jean Ettridge participated in that meeting from ICAEW. During meeting I thanked Mr. Samuel Binks for conducting training to ICAB Case Study ICAB News Bulletin No. 268 trainers and Case Writing Workshop in ICAB last month. Mr. Blinks assured me that he will send his report on Case Writing Workshop, assessment using case studies and recommendations on it. I briefed the ICAB Action Plan on Case Study Development to them. Mr. Justin West & his team assured us that they are interested to provide further fruitful assistance to ICAB on Case study matter. Meeting with Office bearers and members of ICAB UK Chapter, in London ICAB UK Chapter arranged a meeting in honour of visiting ICAB President in London on 11. Mr. A K M Fazlur Rhaman FCA, Chairman-ICAB UK Chapter presided over the meeting where other members of the UK were present. I appraised members and UK Chapter officials present there, on various actions taken by the present Council, for the benefit of the profession and its members. I also apprised them my plans for rest of the year. Members present at this meeting suggested to arrange publication of UK Chapter s activities in the ICAB Monthly News Bulletin. Chairman, UK Chapter informed that students now residing in London are interested to attend forthcoming ICAB CA Examination (Knowledge Level). I assured them to look into these matters and suggested ICAB UK Chapter to arrange coaching classes for students by competent paid tutors before sitting for the examination under new ICAB syllabus. I also suggested them to keep ICAB Secretariat informed about their activities in the UK to enable ICAB to publish news of their activities in the monthly news bulletin. Observance of 25th Bangladesh CA Hostel Anniversary Bangladesh CA Hotel Students celebrated its 25th anniversary on 19 in a festive mood. Mr. GM Quader, MP, Hon ble Minister for Commerce, GoB graced the occasion as the Chief Guest. As President ICAB, I participated that occasion as the Special Guest. Mr. Md. Abdus Salam FCA, Vice President (Education & Training), Mr. Abu Nayeem, Senior Deputy Secretary-ICAB also attended the function. 56 CA students now staying in the CA Hostel also drew attention on some of the difficulties they are facing. Observance of International Mother Language Day February reminds us of our values as a nation. We honour and salute the martyrs who sacrificed their lives to glorify our language and culture. United Nations General Assembly in its resolution formally recognized this Day as the International Mother Language Day in 2008. Now International Mother Language Day is observed worldwide on 21 February to promote awareness of linguistic and cultural diversity and multilingualism. ICAB also observed Mohan Ekushey February with due solemnity and homage to the martyrs of the language movement. Mr. Md. Shahadat Hossain FCA, Member Council ICAB led a Provat Ferry. The procession began at CA Bhaban and ended at Central Shaheed Minar with placing of floral bouquet at National Shaheed Minar. Meeting with ACCA delegation A meeting with ACCA delegation comprised of Ms. Lucia Real Martin, Director, Emerging Markets-Asia, Ms. Gillian Fawcett, Head of Public Sector and Ms. Mahua Rashid, Country Manager, ACCA Bangladesh was held on 22 at ICAB Office. ICAB team comprising of myself, Mr. Md. Abdus Salam FCA, Vice President(Education &Training), Mr. M. Farhad Hussain FCA, Member Council & Past President ICAB and Mr. N I Chowdhury FCA, Secretary-ICAB, Dr. Mahfuzul Hoque, Director(LPD), Mr. Mahbub Ahmed Siddique ACA, Sr. Deputy Director and Ms. Sayma Banu, Deputy Director(LPD)-ICAB. Meeting focused on the possibile avenue of future cooperation between ICAB and ACCA. 7

ICAB News Bulletin No. 268 ICAB-CAPA International Conference International Conference on Strengthening Bangladesh Public Sector Accounting & Auditing Global Reforms and the Way Forward was held at Pan Pacific Sonargaon Hotel, Dhaka on 23. ICAB and Confederation of Asian & Pacific Accountants(CAPA) jointly organized this Conference. A Press Conference was held on 21 February at ICAB on the Conference where large number of Reporters from Print and electronic media attended. I briefed them the importance of the Conference for development of public sector accounting & auditing in the context of rapid economic growth of Bangladesh. Mr. M. Farhad Hussain FCA, Chairman, Conference Organizing Committee, Mr. Md. Abdus Salam FCA, Vice President (E&T)-ICAB and Mr. Anwaruddin Chowdhury FCA, Member, CAPA Board & Conference Coordinator were also present in the Press Conference. On the occasion, special newspaper supplements were published in The Prothom Alo, The Daily Star, The Financial Express and The Independent on 23. Inaugural Session Mr. Abul Maal Abdul Muhith, MP, Hon ble Finance Minister, GoB inaugurated the Conference in the morning of 23 as the Chief Guest. Mr. G.M. Quader, MP, Honb le Commerce Minister graced the Conference as the Special Guest. Welcome address was made by Mr. M. Farhad Hussain FCA, Member Council & Past President ICAB and Chairman of the Conference Organizing Committee and vote of thanks by Mr. Md. Abdus Salam FCA, Vice President (E&T)-ICAB. As the host of the Conference, I and Mr. Keith Wedlock, President CAPA also addressed the Inaugural Session. Mr. Anwaruddin Chowdhury FCA, Member Council & Past President ICAB and Member, CAPA Board presented the Keynote paper. About 600 participants from home and abroad, including delegates from CAPA member countries participated in the Inaugural Session of the Conference. Technical Session-I The Conference held technical session-i on Public Sector Accounting and Auditing- Current Status, Issues and Challenges. The session was chaired by Mr. Geoff Applebee, Chairman, CAPA PSFM Committee. Technical Paper on Public Sector Accounting and Auditing Global Overview was presented by Mr. Brian Blood, Chief Executive of CAPA, Public Sector Management and Regional Development Donor Partnerships by Ms. Jennifer K. Thomson, Manager, Financial Management, The World Bank, Public Sector Accounting and Auditing in Bangladesh Status, Issues and Reforms by Mr. Ahmed Ataul Hakeem FCMA, Hon ble Comptroller & Auditor General of Bangladesh. Technical Session-II Technical Session-II on Public Sector Accounting and Auditing The Way Forward was chaired by Mr. Abbas Uddin Khan FCA, Member Council & Past President ICAB. Four technical papers were presented in this Session. Technical paper on Transition to Accrual Accounting Accountability, Transparency and Governance by Ms. Sumita Shah, Technical Manager, Public Sector of ICAEW, Reforming the Auditor General s Office The Sri Lankan Experience by Mr. Sujeewa Mudalige, Deputy President CAPA, Reforms in Public Sector Financial Management A Regional Perspective prepared by Mr. Masud Muzaffar, Former Accountant General of Pakistan which was presented by Mr. Rafaqat Ullah Babar FCA, Council Member of ICAP. Valedictory Session In the Valedictory Session, Barrister Shafique Ahmed, Hon ble Minister, Ministry of Law, Justice & parliamentary Affairs, GoB was the Chief Guest. Mr. Md. Humayun Kabir FCA, Member Council & Past President ICAB made wrap up on highlights of the Conference. Mr. Anwaruddin Chowdhury FCA, Member Council & Past President ICAB in his concluding speech highlighted the achievements of the Conference and focused on how the achievements/recommendations can be implemented by respective body of the Bangladesh government. The program ended with a colourful laser show and cultural programme reflecting Bangladeshi culture which was followed by a grand dinner. CAPA PSFM Committee meeting held On February 24, 2012, CAPA Public Sector Financial Management(PSFM) Committee meeting was held on 24 at Pan Pacific Sonargaon Hotel, Dhaka followed by a lunch. Members of the CAPA PSFM Committee, Technical Advisors of the Committee members and Observers attended the meeting. ICAB is pleased to host this CAPA Committee meeting for the first time in Bangladesh. Mr. Faiz Ahmad FCA (Enrolment No. 81) expired on 24 We were deeply shocked and saddened to hear the news of the untimely death of our highly respected member Mr. Faiz Ahmad FCA (Enrl. # 81) who expired in the night of 24 (Inna Lillahe..Rajeun). His Namaj-e-Janaza was held in the following day in a local mosque at Chittagong. President ICAB in his condolence message expressed sympathy to his family and prayed for the salvation of the departed soul. The condolence message was sent to his son. Results of Professional Examination: November-December 2011 Chartered Accountancy Education is one of the core activities of ICAB. Hence, finalization of results of November December 2011 was the important job of the month. Results of Professional Examination held in November December 2011 were declared on 27 are as follows: Level Appeared Successful Partly passed Knowledge 4176 354 1518 (including 6 students who will require to appear conversion course on accounting) Application 349 10 177 Advanced(Integration) 10 4 6 PE-III 396 73 172 A total number of 73 students successfully qualified PE-III exam and became eligible to be Chartered Accountants. Congratulations to qualified and partly qualified students. We are trying our best to improve quality of education and I request the students to give focus more on studies. I hope newly qualified are going to take our legacy ahead. Standing and Other Committee Meetings Held The following Standing and other Committee meetings were held in February, 2012: Committee of the Organizing Committee of ICAB-CAPA Joint Conference was held on 06. 1st meeting for 2012 of the Articled Students Committee (ASC) was held on February 07, 2012. Case Study Presentation & Review meeting was held on 11 February 2012 1st meeting for 2012 of Board of Studies (BOS) was held on February 20, 2012. 1st meeting for 2012 of Examination Committee was held on February 27, 2012 3rd meeting for 2012 of the Council was held on February 27, 2012 Before I conclude, I take this privilege to thank you all of our members for their active participation in the International Conference to make this mega event successful. I am confident, together we can advance our profession for tomorrow s world. Yours sincerely, Md. Syful Islam FCA March 01, 2012 8

ICAB News Bulletin No. 268 ICAB Members' Conference To tackle the Global Challenges, Developing Countries can play greater roles Speakers at the Conference Dr. Atiur Rahman, Governor, Bangladesh Bank delivering his speech in a Members' Conference of the Institute of Chartered Accountants of Bangladesh (ICAB) auditorium. Redesigning growth and making it more inclusive is crucial to global and sustainable development in the post crisis era, said the speakers in a Conference for the ICAB Members held on Monday, 06 at 06-00 p.m. at ICAB Auditorium, organized by the Institute of Chartered Accountants of Bangladesh (ICAB) on An Alternative Financial System for Inclusive Growth and Sustainable Development Dr. Atiur Rahman, Governor, Bangladesh Bank graced the occasion as Chief Guest. Mr. Md. Humayun Kabir, Managing Director & CEO, Sonali Bank Ltd. and Mr. Mohammad Abdul Mannan, Managing Director, Islami Bank Bangladesh Ltd., were present at the Conference as Panel Speakers. Mr. Anwaruddin Chowdhury FCA, Member Council & Past President, ICAB conducted the session as Session Chairman. Mr. Md. Abdus Salam FCA, Vice Md. Syful Islam FCA President-ICAB President, ICAB presented the keynote paper. Mr. Md. Syful Islam FCA, President, ICAB welcomed everyone and addressed the gathering by saying that, as the economy of a country evolves over the years, the instrument for a sustainable inclusive growth which is assumed to be the Financial System of the country need to be sustainable, as well. However, the issue of interest based banking system has further raised the question whether the banking system based on interest can at all, contribute to promote sustainable development or not. It is sometimes argued that the mainstream banking based on interest itself accelerates cyclical fluctuation i.e. Expedite recession which needs to be addressed effectively. 9

Dr. Atiur Rahman Chief Guest Dr. Atiur Rahman, Government, Bangladesh Bank delivered a valuable speech as Chief Guest of that Conference. He said that in Bangladesh, the present Government in its present plan for 2010-2012 seeks to achieve an economic 'growth which is not only high but also inclusive. By inclusiveness, we understand a growth strategy' that embraces all population of Bangladesh rather that big chunk of money in the hands of a number of elites which is the case in many developed economies as well as to some of the emerging economies in our region. Md. Humayun Kabir Panel Speaker "The financial system is a set of organized institutional set-up through which surplus units transfer their funds to deficit units. The panel speakers define a financial system fair narrowly, to consist of a set of markets, individuals and institutions, which trade in those markets and the supervisory bodies responsible for their regulation. The new challenges for emerging economies are the capacity constraint due to the expansion of monetary and fiscal policy", said Mr. Md. Humayun Kabir as one of the panel speakers. Another panel speaker Mr. Mohammad Abdul Mannan Panel Speaker Mohammad Abdul Mannan added that Now we are observing inflation globally. This becomes more complicated with the capital flows, which affects many emerging countries. Food has also become a key concern, inflation has made it worse, A rich paper was presented by Mr. Md. Abdus Salam FCA. In his paper he broadly discussed that the recent global financial crisis has brought meaningful changes in the international financial panorama. Important normative reforms are at present in the pipeline to reinforce the ICAB News Bulletin No. 268 Md. Abdus Salam FCA Vice President international financial system to prevent the coming of another such crisis. Mr. Salam mainly focused on the perspective of systemic capacity of the newly emerged banking known as Islami Banking. The Conference was followed by a lively floor discussion. Anwaruddin Chowdhury FCA Session Chairman Conducting the Conference Mr. Anwaruddin Chowdhury FCA said that a financial system organized and modeled on rules of ethical behavior can represent the way to come out of the present economic crisis and to restore the savers and the investors trust, whose choices are decisive for the upturn in the real economy. 10

ICAB News Bulletin No. 268 Observance of 25th Bangladesh CA Hostel Anniversary Bangladesh CA Hotel Students celebrated its 25th Hostel Anniversary 2012 (Silver Jubilee) on 19 at a local hotel. Mr. GM Quader, MP, Honʼble Minister for Commerce, GoB graced the occasion as the Chief Guest. Mr. Md. Syful Islam FCA, President, ICAB was present as Special Guest. Mr. Md. Abdus Salam FCA, Vice President (Education & Training) also attended the function. The Management Committee (MC) had a meeting on Saturday 11 at the office of the Sonali Bank (UK) Limited, Osbourne Street, London E1. Mr. Md. Syful Islam FCA, President of ICAB was present at the meeting. The MC discussed issues of the UK Chapter and affairs of the Institute with the President of ICAB. The Chairman of the UK Chapter mentioned specifically about the inclusion in Bye- Laws of ICAB 2004 regarding mandatory compliance of BSA, BAS and IFRS by the CA firms and to preparer financial statements of limited companies. The Chairman also mentioned the active role to be taken by the ICAB in recommending the changes and reforms of the Companies Act which the Govt. Of Bangladesh is considering now especially the appointment and removal of company auditors (SEC 210 & 211). The student affairs were discussed with Mr. Syful Islam FCA, President of ICAB especially resuming the London CA Examination Centre due to high demand of CA students (Course Completed)who are either doing ACCA or other further studies in the UK. The idea of UK Principals offering Articleship in UK was also considered in order to attract more number of CA students. Miss Priyanka ACCA and Mr. Sakib ( an ICAEW student under training contract) attended the MC meeting at the invitation of the Chairman of the ICAB UK Chapter. The Chairman of the ICAB UK Chapter attended the Language Day 21 at the Water UK Chapter Activities Lily, East London on the invitation of High Commissioner of Bangladesh in London. Dr. Dipu Moni, Honourable Foreign Minister was also present and delivered a speech on Language Day. The Chairman requested and obtained from the office of Bangladesh High Commission in London the names of all non- political organisations with names of President/ Chairman, Secretary with whom the BHC maintains liaisons and communicates. On Wednesday 22, twenty UK Chapter members including prospective members attended a free Seminar on Anti- Money Laundering, Bribery Act 2010 and other legal issues especially employment law affecting accountancy profession in the UK, at Chartered Accountants Hall, London. The CEO of ICAEW, Michael Izza FCA was the Chairman of the Seminar. The UK Chapter members of India, Pakistan, Srilanka, Newzeland, Australia and South Africa were also attended. Our members have had an opportunities to meet and networking with the members of the other UK Chapters of overseas professional bodies in the UK. The Chairman of the ICAB UK Chapter had a meeting with the Chairman of India and Srilanka and discussed about organising joint professional and social activities in UK. It is nice to know that the Indian UK Chapter has 600 members in the UK. Most of them are working in profession including big 4 and lot of them have taken ICAEW membership through the route of MOU between ICAEW & ICAI. 11

ICAB News Bulletin No. 268 Record Number of Candidates pass final CA Exams The ICAB Professional Examinations November-December 2011 saw a record number of 73 candidates who have cleared their Final Exams and are now eligible for membership of ICAB. Results of these examinations were published recently. The members of the Editorial Board congratulate the successful candidates and wish them all success in their future endeavours. Farooq Ahmmad Bhuya Nadia Zaman Shahadat Hosen Mohammad Arif Sumon Chandra Dey Md Milad Uddin Md. Shah Amran Biplab Hossain Mohammad Atiqur Rahman Md Ramiz Uddin Md Abdul Wadud James Tutul Mondal K M Kawsar Ali Mohammd Rostam Hossain Md Selim Reza Md. Abu Bakar Siddik Md. Mahbubul Haque Ihsanul Arefin Abuzer Ghaffari Md. Saiful Hasan Adneen Mourin Hussain Md. Abu Nafiz Mashruna A. Chowdhury Muhammad Mahmudul Hoq Dipok Kumar Roy 12

ICAB News Bulletin No. 268 Abu Sayed Mojumder Mohammed Iftekharul Islam Md. Monjurul Hassan Imam Hossan Md. Abdullah Al Masud Imtiazur Rahman Nizamul Islam Md. Rejaul Karim Bijoy Kumer Mondal Kazi Md Zafrullah Monojit Kumar Ojha Mohammad Ibrahim Abdul Awal Khan Md Abu Bakar Siddique Dhali Tanvir Ahmad Siddiqui Ayesha Rahman Md. Manzoor-A-Quader Noornavi Bhuiyan Dawwan Shakil Ahmed Md Alauddin Khan Mohammed Al-Amin Mahmood Hasan Faruq Md Noor-ul-Alam Oishee Labina Hussain Tarek Rashid 13

ICAB News Bulletin No. 268 Md Shohel Rana Abu Hena Mustafa Kamal Mohammad Ruhul Quddus Tanvir Hasan Sheikh Zahidul Islam Mohammad Atiqur Rahman Shakil Ahmed Md. Parvej Ahmed Joly Rozario Md Yaqub Ali Pankoj Suter Farhana Mahejabin Babla Basu Md. Akteruzzaman Khan Md. Wadud Ahmed Md Sayem Mia Md. Asraful Huq Khaled Mohammad Munirul Muktadir Mohammad Nazmul Hossain Mohammad Refaul Karim Chowdhury Md. Rabiul Shaikh Abdul Momen Md Shaiful Islam 14

ICAB News Bulletin No. 268 5/5/ICAB-93- In pursuance of bye-law 123 of the Bangladesh Chartered Accountants Bye-laws 2004, the Council of the Institute of Chartered Accountants of Bangladesh (ICAB) has declared the following result of the Professional Stage (Knowledge Level), Professional Stage (Application Level) and Advanced Stage (Integration) of the Institute held in November-December 2011. Candidates who have passed Professional Stage (Knowledge Level) Sl # Reg # Name of Candidates Roll # 1 12828 Rumen Sarvabidya 173 2 17429 Rajib Kumar Baidya 264 3 15904 Syed Ishtiaq Ahmed 298 4 14740 Mohammad Anisuzzaman 300 5 14735 Kamal Uddin 377 6 8192 Md. Abul Moonsur 388 7 7771 Ali Absar 398 8 15033 Sujan Das 439 9 15747 Afzal Hossain 469 10 11298 Arup Datta 501 11 12067 A. K. M. Shamsuddin 511 12 18113 Hasan Murad 546 13 12502 Kazi Abdul Salam 560 14 13447 Sheikh Masud Ahammad 561 15 16667 Md Tohidul Islam 568 16 17850 Tansen Chakraborty 582 17 6747 Md. Sharif Billah Bhuiyan 604 18 14991 Rumana Sultana 648 19 5747 Nihar Ranjan Das Sharma 651 20 7949 Md. Belal Hossain Chowdhury 656 21 13565 Rajib Das 657 22 13184 Md. Belal Hossain 658 23 13473 Imrul Kabir Chowdhury 660 24 16828 Md Rezaul Karim 666 25 8751 Narayan Mazumder 670 26 3213 ATM Sarrowor Kamal Chowdhury 672 27 7053 Mohammad Ashraf Uddin 676 28 10937 Panna Kumar Dey 679 29 15446 Md Ziaur Rahman 681 30 17196 Md Shahadat Hossain Khan 686 31 17470 Umme Kulsum 687 32 10330 Jasmeen Akter 689 33 14269 Mohammad Aman Ullah 690 34 8110 Mohammad Hanif Billah Bhuiyan 692 35 19010 Md. Taslim Shahriar 701 36 19125 Md. Kamruzzaman 706 37 19144 Md. Shahadat Hossain 711 38 19146 Syeda Marzana Farha 713 39 19145 Md. Bani Amin 715 40 19304 Mehrooz Saima 737 41 19305 Fahmida Khan 753 42 18996 Sardar Tawhidul Islam 787 43 18540 Susmita Noor 789 44 18999 Sayed Erfan Saleh 796 45 19011 Shah Md. Mohin Uddin 797 46 18487 S.M. Mudrahir Rahaman 805 47 18774 Md. Jalal Uddin 848 48 18880 Kazi Munmun Ahmed 910 49 17267 Muna Marjana 950 50 14640 Md. Sohel Bhuiyan 951 51 14786 Pronab Kumar Kha 1127 52 14653 Suman Chandra Nath 1128 53 14617 Mahamudul Islam 1140 54 13015 Mohammad Manik Sorker 1277 55 12815 Subas Chandra Banik 1290 56 17104 Md. Munsurul Haque 1308 57 16688 Md. Bulbul Ahmed 1346 58 17682 Md. Helal Uddin 1359 59 6564 Md Rezaul Haque 1368 60 7489 Rafikul Alam 1411 61 10796 Probir Chandra Shaha 1422 62 17977 Jasim Uddin Nazim 1450 63 13375 Pronab Chandra Ghose 1468 64 16866 Ohiduzzaman 1487 65 18101 Md Sayeedur Rahman 1515 66 18017 Shahid Md. Arifuzzaman 1526 67 17811 Musficul Haider 1614 68 17974 Muna Nur Al Chowdhury 1650 69 15467 Md Sarif Uddin 1671 70 13932 Syed Mahmud Hasan 1683 71 18393 Md. Shakhawat Hossain 1687 72 17951 Muhammad Nurul Islam Sarkar 1691 73 13841 Madhu Shudan Das 1695 74 19035 Md. Golam Mowla 1696 75 9319 Mohammed Rezaul Karim Chowdhury 1707 76 18451 Mostafa Monowarul Islam 1730 77 18454 Md. Shuzaet Hossain 1731 78 15898 Sanjib Kumar Banik 1774 79 18192 Bilkis Akter 1794 80 17997 Md. Moniruzzaman 1854 81 11615 Mohammad Kamal Hossain 1908 82 12731 Sanjib Kumar Rudra 1914 83 19047 Sanjib Sarkar 1919 84 15625 Md Rashel Khan 1945 85 17935 Md. Mainul Islam 1952 86 16984 Kawser Ahmed 1954 87 14463 Md Rafiqul Islam 2024 88 17390 Md. Main Uddin 2047 89 18339 Syed Sazzad Hossain 2094 90 17032 Jayanta Chowdhury 2114 Sl # Reg # Name of Candidates Roll # 91 6963 Md. Abul Kasem 2153 92 8727 A S M Mohsenin 2197 93 15869 Nayer Sultana 2198 94 12764 Md. Saifur Rahman 2224 95 15858 Mohammad Moazzem Hossain 2234 96 17421 Palash Chandra Guha 2256 97 18552 Mohammad Abdullah- Al-Maruf 2260 98 16708 Sayeduzzaman 2265 99 14644 Rajib Choudhury 2269 100 17548 Md. Iqbal Kabir Jahid 2271 101 17659 Sourav Shuvro Saha 2276 102 14979 Probal Ahmed 2279 103 10895 Sheikh Murshidul Aleem 2300 104 18450 Md. Mostafijur Rahman 2327 105 17056 Mohammad Taufiq Mahmud 2328 106 18452 Md. Saiful Islam 2336 107 18449 Md. Abu Isha Bhuiyan 2362 108 16854 Kulsum Akter Shila 2364 109 10370 Md Nure Islam Chowdhury 2366 110 9233 Uttam Kumar Saha 2367 111 17279 Md. Ahsan Habib 2375 112 18133 Md. Zafran Tareque Chowdhury 2377 113 17143 Md Tariqur Rahman 2378 114 7135 Mohammad Jahangir Alam 2384 115 18447 Kazi Rahala Jahan Noor Kazi 2396 116 18448 Farhana Amin Tonny 2398 117 14809 Md Monaim Hossen 2400 118 18406 Md. Tajul Islam 2405 119 17152 Tahmina Akter 2410 120 14990 Rupan Chandra Saha 2435 121 14049 S. M. Jakir Hossain 2457 122 3632 Md. Zahidul Islam 2483 123 12445 Atikur Rahman 2486 124 14883 Khairul Islam 2726 125 18307 Afzal Ahmed 2872 126 18051 Ismail Miah 2888 127 18453 Md. Rabiul Alam 2911 128 16555 Md Ehsanul Haque 2937 129 15921 Mohammadullah Sumon 2941 130 18197 Md. Maruf Hasan 2975 131 17971 Md Zinnah Shekh 2992 132 16796 Md. Mizanur Rahman 3077 133 17773 Md Moynul Islam 3108 134 17472 Jabed Hossain 3153 135 17475 Kamrun Nahar Mohammad 3190 136 17886 Imtiaz Mohammed Arafeen 3238 137 10097 Mohammad Sarwar Hossain 3295 138 13554 Md Maruful Islam Tarafder 3304 139 9974 Md Shahidul Islam 3332 140 11527 Biddut Kumar Samadder 3400 141 8971 Md Golam Mortoza 3435 142 16188 Md Masiar Rahman 3470 143 15605 Qazi Kawsar Husain 3475 144 17403 Md. Shajalal-Bin-Emdad 3490 145 18020 Md. Sabbir Hossan Hazari 3497 146 3213 Tarun Kumar Bose 3507 147 11129 Md. Imran Hasan 3549 148 9535 Anwarul Alam Muhammad 3587 149 17924 Md. Rabiul Islam 3590 150 12084 Md Sadman Sakib 3592 151 11774 Sree Tapos Kumer Datta 3667 152 16803 Md Abdul Quddus 3675 153 12981 Chandan Das 3700 154 14537 Nigar Sultana 3766 155 15805 Md Main Uddin 3802 156 3268 Imrul Ahmed 3819 157 7635 S M Sagirul Islam 3831 158 18000 S M Abdul Mazed 3913 159 2348 Md. Shahidul Islam 3925 160 17673 Shariful Islam Chowdhury 3958 161 12814 Awal Mia 3961 162 17111 Lokesh Majumder 3970 163 17420 Ujjal Chandra Das 3971 164 12777 Tauhida Binte Halim 4015 165 16568 Ahmad Sayeed Russel 4026 166 18493 Debashis Chandra Das 4061 167 14958 Mohammed Alam 4068 168 11505 Md Nurul Alam 4131 169 17448 Mohammad Wazed Ali 4138 170 14441 Main Uddin 4142 171 14480 Amirul Islam 4148 172 10479 Mohammad Islam Uddin 4166 173 7528 Tanvirul Islam Khan 4195 174 16962 Muhammad Mushiur Rahman 4212 175 11422 Mohammad Salah Uddin 4216 176 14036 Mohammad Kamruzzaman Rony 4275 177 18463 Mohammad Yeakub 4277 178 18462 Md. kader Bhuiyan 4278 179 8919 Arunjit Kumar Sutradhar 4317 180 15553 Jahir Uddin 4318 181 18537 Md. Abdullah Al Mamun 4320 182 16957 Najmun Nahar 4375 183 10054 Mohammad Didar Hossain 4383 15

ICAB News Bulletin No. 268 Sl # Reg # Name of Candidates Roll # 184 15501 Md Uzzal Bhuiyan 4389 185 16384 Md Aljobyear Hossain Sheikh 4390 186 16372 Ezaz Ahmed 4420 187 19039 A.R. S Ashikuzzaman 4422 188 4777 Md. Bazlur Rahman 4425 189 9418 Md Moniroul Azam 4427 190 14192 Md. Mehedi Hasan Tito 4431 191 17213 Forhad Hossain 4443 192 8652 Animesh Chandra Saha 4448 193 6035 Suman Kanti Das 4449 194 16092 Md Mahmudul Islam 4452 195 11021 Tarun Kumar Mandal 4455 196 12442 Biswajit Pal 4456 197 3344 Md. Abdul Bari 4457 198 7624 Mohammad Farid Hossen 4458 199 16851 Fateha Nur 4460 200 18357 Shankar Prashad Biswas 4461 201 17293 Md Faruquzzaman 4462 202 13251 Md Kamrujjaman 4463 203 16839 Md Anwar Hossain Shimul 4464 204 17612 Rabea Siddiky 4465 205 14111 Mohammad Monowar Noor 4466 206 17755 Deepak Saha 4467 207 2459 Subrata Kumer Kar 4470 208 14360 Monojit Kumar Ghosh 4472 209 17194 Md Abul Kashem 4474 210 18056 Md. Shif All Mostakin 4479 211 14367 Readud Sajiad 4480 212 10135 Abdul Mannan 4483 213 17197 Dipankar Roy 4484 214 18057 Md. Abul Kalam Azad 4485 215 17530 Syed Muhammed Raiyan 4486 216 15389 Mohammad Shoujat Hossain 4487 217 12769 Md Shaiful Islam 4488 218 14898 Md. Jahurul Islam 4491 219 13530 Md. Shohel Alam 4492 220 15969 Shahajadi 4493 221 13267 Gazi Obythozzaman 4497 222 8450 Mohammad Iqbal Haider Redwan 4498 223 12810 Liton Kumar Bhadra 4500 224 9194 Md. Rawshan Zadid 4501 225 15800 Amirul Islam 4502 226 17177 Md Zakir Hossain 4503 227 6882 Md. Mosharaf Hossain 4504 228 14952 Md Abdul Hannan 4505 229 11890 Kazi Rafiqul Azam 4513 230 14652 Md Sumsuzzaman Bhuiyan 4514 231 14118 Mohammad Enayet Kabir 4516 232 7576 Shafat Ahamad Siddique 4517 233 11644 Ashiq Mahmud Choudhury 4521 234 14568 Mohammed Nazmul Hossain 4524 235 12208 Abdur Rahman Hafez 4526 236 7745 Mohammad Sarwar Mridhe 4527 237 12188 Sadida Fazala 4528 238 10815 Mohammad Abdul Karim 4530 239 10219 Mohammed Ashaduzzaman 4535 240 18460 Md. Abul Kashem 4537 241 12235 Sheikh Kawsarul Haque 4538 242 5411 Kazi Mukitul Islam 4540 243 12647 Md. Shahadat Hossain 4541 244 16794 Arifujjaman 4542 245 15703 Rajiv Roy 4545 246 18198 Md. Opu Sultan 4546 247 10095 Mohammed Nazrul Islam 4552 248 15428 Maruf Hossain 4555 249 7390 Mohammed Zakir Hossain 4560 250 13539 ASM Nazmul Hasan 4561 251 16534 Sayed Jakir Hoshen 4562 252 13884 Fatema Khatun 4563 253 17834 Prabin Kumar Saha 4564 254 15944 Md Shafiul Azam 4567 255 12854 Mohammad Rezaul Karim 4570 256 14964 Aminul Islam 4572 257 9480 Mohammad Sobhan Dhali 4573 258 17384 Muhammad Omar Faroque 4584 259 13372 Utpal Kumer Sarker 4586 260 4595 Md. Shahjahan Ali Mallick 4589 261 9349 Manindra Kumar Mondal 4590 262 14009 Yana Hasan 4591 263 11209 Md. Kamal Hosen Howlader 4594 264 13134 Md. Monir Hossen Chowdhury 4598 265 17529 Md Razzab Ali 4601 266 10682 AKM Kabirul Huda 4602 267 13751 Naima Parvin Chowdhury 4606 268 15032 Shaila Akther Chowdhury 4616 269 17918 Md. Ashaduzzaman 4620 270 14319 Subrata Kumar Roy 4621 271 13351 Md Touhidul Islam 4628 272 16997 Md Kamrul Hasan Selim 4631 273 13948 Mohammad Balayet Hossain 4632 274 14733 Kazi Nazmul Hossain 4635 275 13872 Mithu Kumar Dash 4636 276 7243 Muhammad Hazrat Ali 4638 277 16057 Mohd. Shafiqul Islam 4641 278 5471 Md. Shahabuddin Mollah 4646 279 12949 Samapta Kumer Biswas 4647 280 17062 Tanvir Ahmed 4654 281 14965 Md. Arifin Monjur 4655 282 9604 Md. Golam Maula 4658 Sl # Reg # Name of Candidates Roll # 283 13439 Rasheed Al-Morshed 4659 284 17635 Md Nazrul Islam 4666 285 16476 Abul Kalam 4667 286 17655 S M Rafiq-Uj-Jaman 4668 287 16497 S M Bulbul Ahamed 4669 288 8853 Runalayla 4672 289 16336 Suman Kumar Ghosh 4674 290 17802 Md Khaladur Rahman 4675 291 10226 Ashru Rani Saha 4676 292 10092 Riffat Rahman 4681 293 13794 Mohammad Hamidur Rahman 4682 294 10091 Ms. Rezwana Arifin Khan 4686 295 3424 Md. Iqbal Hossain Khondoker 4688 296 10684 Moshammat Ayesha Siddiqua 4695 297 12376 Ananda Mohon Ghosh 4704 298 19041 Iqbal Hasan 4705 299 3392 Md Nazrul Islam 4706 300 12419 Mohammad Asrafur Rahman 4709 301 6524 Mohammad Golam Moula 4712 302 6568 A. K. M. Mahmud Hasan 4713 303 10478 Suravi Barua 4716 304 2834 Md. Sayed Hassan 4719 305 16525 Ashutosh Mondol 4737 306 14819 Jamil-Us-Fahad 4738 307 12945 Md. Mohibur Rahman 4742 308 17219 Nipa Nur-Al Chowdhury 4746 309 17186 Md. Mamun Bin Abusufian 4748 310 12352 Mohammad Aktar Hossain 4780 311 12540 Subbir Ahamed Nadim 4783 312 12203 Md Jewel Rana 4784 313 13643 Mohammad Moniruzzaman 4785 314 10613 Mohammad Sazzad Hassan 4789 315 15827 Rabiul Islam 4791 316 8390 Gonesh Chandra Roy 4795 317 11514 Mohammad Imran Hossain 4798 318 15832 Bilash Chandra Dey 4800 319 7144 Mohammed Zillur Rahman 4802 320 16463 Prazzal Kumar Sarker 4811 321 14455 Muhammad Delwar Hossain 4816 322 15400 Mita Rani Sarkar 4817 323 8316 Mohammed Dulal 4818 324 10112 Ripan Chandra Das 4819 325 12507 Md. Zahidul Amin 4826 326 15439 Mahbuba Begum 4831 327 15168 Mhabuba Akther Munni 4832 328 17641 Md. Jakaria Khondoker 4837 329 14225 Md Aminur Rahman 4841 330 7388 Air Ali 4843 331 14722 Md Fayez 4845 332 14973 Md. Mamunur Rashid 4860 333 15970 Fatema Tuz Zohora 4861 334 17667 Md. Mizanur Rahman 4862 335 13528 Muhammad Mamunur Rashid 4879 336 13914 Md. Zillur Rahman 4881 337 16916 Afrin Akter 4884 338 10323 Mohammad Nurul Imam 4887 339 12124 Subir Mazumder 4889 340 13699 Arup Kumar Pal 4890 341 16961 Md Naser Uddin 4891 342 14309 Pathanjada Sher-E-Zulfiker 4892 343 11710 Mohammad Noor-A-Alam 4894 344 5177 Md. Pijirul Alam Khan 4895 345 7715 Mohammad Habibur Rahman Patoary 4904 346 13088 Tahira Rahman 4905 347 12565 Md. Obaidul Rashed Chowdhury 4906 348 4798 Md. Shahid Ullah Khan 4907 349 8845 Arifa Aziz Keya 4910 350 16201 Rafiqul Islam 4912 351 17239 Amirul Islam 4927 352 12005 Mansura Huq 4929 353 6827 Sharif Mahmudul Hasan 4932 354 11006 Md Shahid Uddin 4933 Candidates who have passed Professional Stage (Application Level) Sl # Reg # Name of Candidates Roll # 1 17495 Md Ruhul Amin 5108 2 17252 Md Sayduzzaman 5114 3 17334 Tapash Kumar Shikder 5115 4 17096 Sujan Kumar Saha 5131 5 16359 Rajib Roy 5134 6 17270 Md Delwar Hossain 5135 7 16632 Md Ziaul Alam 5136 8 17142 Mohammad Mahamudul Alam 5147 9 18355 Sadia Ahmed 5232 10 17496 Sabiha Yeasmin 5298 Candidates who have passed Advance Stage (Integration) Sl # Reg # Name of Candidates Roll # 1 17499 Md Nasir Uddin 6007 2 17271 Sajib Sarkar 6008 3 17066 Tamara Hussain 6009 4 17326 Md Abdul Ahad 6010 16

President meets ICAEW President ICAB News Bulletin No. 268 During the time of official visit to London, Mr. Md. Syful Islam FCA, President, ICAB met with Mr. Clive Parritt FCA, President ICAEW in his office on 10. Mr. Justin West, Head of New Business Opportunities, Ms. Jean Ettridge, Head of International Affairs and Ms. Sumita Shah, Technical Manager, Public Sector of ICAEW also joined that meeting. Mr. Vernon Soare, Executive Director of ICAEW participated that meeting through teleconference. During the meeting, President, ICAB focused some points and requested President ICAEW to extend their further support and cooperation. After detailed discussion, President ICAEW assured that they will consider inviting one Bangladeshi Tutor to UK to study ICAEW final three papers and sit exams in 2012. President visits UK Chapter Mr. Md. Syful Islam FCA visited London, UK to attend meetings with ICAB- UK Chapter, ICAEW together with few institutions to explore various prospects together technical assistance to strengthen and implement ICAB s new education curriculum for global opportunities. ICAB President had a meeting on 11 with members of the ICAB UK Chapter. Mr. A. K M Fazlur Rahman FCA, Chairman, ICAB UK Chapter presided over the meeting where other members of the UK Chapter were present. ICAB President appraised members and UK Chapter officials on various actions taken by the present Council for the benefit of the profession and its members. He also apprised them ICAB s plans for the rest of the year. Chairman, UK Chapter informed that students now residing in London are Mr. Md. Syful Islam FCA, President, ICAB meets Mr. Clive Parritt FCA, ICAEW President at in his office in London. Besides, ICAEW will also consider bearing the expenses partly of that Bangladeshi tutor. Mr. A K M Fazlur Rhaman FCA, Chairman-ICAB UK Chapter also participated the meeting. Before meeting with President ICAEW, another official meeting was held with ICAEW Executives on Case Study Review on the same day. Mr. Justin West, Mr. Samuel George Binks, Senior Case Study Expert and Ms. Jean Ettridge participated in that meeting from ICAEW. Mr. Md. Syful Islam FCA, President, ICAB meets Chirman and Members of ICAB UK Chapter Management Committee in London. interested to attend forthcoming ICAB CA Examination (Knowledge Level). President assured them to look into these matters and suggested ICAB UK Chapter to arrange coaching classes for students by competent paid tutors before appearing at the examination under new ICAB syllabus. He also suggested them to keep ICAB Secretariat informed about their activities in the UK to enable ICAB to publish news of their activities in the monthly news bulletin. 17

ICAB News Bulletin No. 268 Observance of International Mother Language Day February reminds us of our values as a nation. We honour and salute the martyrs who sacrificed their lives to glorify our language and culture. Though Shahid Day has been commemorated in Bangladesh since 1952, United Nations General Assembly in its resolution formally recognized this Day as the International Mother Language Day in 2008. Now International Mother Language Day is observed worldwide on 21 February to promote awareness of linguistic and cultural diversity and multilingualism. ICAB also observed Mohan Ekushey February with due solemnity and homage to the martyrs of the language movement. Mr. Md. Shahadat Hossain FCA, Member Council ICAB led the Provat Ferry procession. The ICAB Provat Fery paying glowing traibutes at Central Shaheed Minar. procession began at CA Bhaban and ended at Central Shaheed Minar with placing of floral bouquet at Shaheed Minar. Permission to Start Practice The following member has been granted permission to start practice as Public Accountants with effect from the date as shown against his name: Name Effective Date Mr. Enayet Ullah FCA (412) 13 December 2011 Partner Shafiq Basak & Co. Chartered Accountants National House (1st floor) 109, Agrabad C/A, Chittagong Permission to Join as Partner Ms. Enayet Ullah FCA (412) has been permitted to form partnership and continue practice under the name and style of: Name Effective Date M/s. Shafiq Basak & Co. 02 January 2012 Chartered Accountants National House (1st floor) 109, Agrabad C/A, Chittagong The other partner of the Firm: Mr. Md. Shafiqul Islam FCA (595), and Mr. S K Basak FCA (625). We Mourn Mr. Faiz Ahmad FCA (Enrolment No. 81) expired on 24 February 2012. We were very shocked and saddened to hear the news of the untimely death of our very respected member Mr. Faiz Ahmad FCA who expired in the night of 24 (Inna Mr. Faiz Ahmad FCA L i l l a h e.. Rajeun). Namaj-e-Janaza was held in the following day in a local mosque at Chittagong. President ICAB in his condolence message to his son expressed sympathy to his family and prayed for salvation of the departed soul. Published by the Editorial Board of the Council, The Institute of Chartered Accountants of Bangladesh (ICAB) 100 Kazi Nazrul Islam Avenue, Dhaka 1215; Tel. 9117521, 9112672, 9115340, 9137847 Fax: 880-02-8119399 E-mail: secretary@icab.org.bd Website: www.icab.org.bd Chittagong: HBFC Building (3rd Floor), 1/D, Agrabad Com. Area, Chittagong, Bangladesh Tel: 880-31-724674 Fax: 880-31-813579 E-mail: icabctg@spctnet.com UK Chapter: Suite One, 2 Haydons Road, London SW19 1HL, United Kingdom Tel: 44-020 8544 1234 Fax: 44-020-8544 1400 E-mail: frahman101@aol.com North American Chapter: 5 Massey Square, Suite-2519, Toronto, Ontario M4C 5L6, Canada Tel: 416-686 6760 Fax: 416-916 1091 E-mail: shahed.sharfuddin@td.com 18