Dhaka Chamber of Commerce and Industry (DCCI) signed a Memorandum of Understanding (MoU) with the Institute of Cost and Management Accountants of Bangladesh (ICMAB) on Tuesday.
DCCI President Shams Mahmud and ICMAB President Md Jasim Uddin Akond, FCMA, signed the MoU on behalf of their respective organisations.
During the signing ceremony, Shams Mahmud said that signing the MoU will usher a new opportunity for both the organisations to work together for the betterment of business community. He also appreciated the professionals of ICMAB for their hard work to ensure transparency in the financial system of a company.
Mr Mahmud also called upon the ICMAB to work closely with the industries and firms to strengthen both-way relations.
ICMAB President Md Jasim Uddin Akond, FCMA emphasised ensuring cost audit certification by professional cost management accounting firm or professional for every listed companies. He also mentioned about certification of ‘cost of goods sold’ statement by CMA professionals. He said that CMA professionals can create a great impact by putting their expertise for ensuring clarity in various economic aspects.
DCCI Senior Vice President NKA Mobin, FCA, said that DCCI and ICMAB can jointly work to facilitate a business-friendly environment in the country for the development of economy.
DCCI Vice President Mohammad Bashiruddin, Convenor Golam Zialani and Council members of ICMAB were also present during the signing ceremony.
