A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Mr. Shah Md. Aminul Haq, Chairman, Bangladesh Chemical Industries Corporation(BCIC) at his office recently.
ICMAB president Mr. Mohammed Salim, FCMA led the delegation, said a statement.
The ICMAB president apprised the Chairman, BCIC of the role of Cost and Management Accountants in enterprise management, cost control and performance evaluation of business and industrial sectors. Besides the discussion on the matters of mutual professional interest took place.
The ICMAB also explained how the trade and industries sector of the country could be benefited through Cost and Performance Audit. He also urged upon the need for implementing Cost Audit in different fertilizer factories under BCIC, in accordance with the decision of the government published through gazette notification.
The BCIC Chairman gave the assurance of implementing the decision of the government with regards to Cost Audit gradually and step by step. He assured to find out the areas of co-operation between BCIC and ICMAB. He also sought support of ICMAB to make its sick industries profitable.
Among others, Past President Mr. M. Abul Kalam Mazumdar FCMA and Executive Director Mr. Md. Mahbub Ul Alam FCMA of the institute were present on the occasion.
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