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Financial Management Academy (FIMA) is the training wing of OCAG Bangladesh, the supreme audit institution of the country. This Academy is established aiming at providing the much needed know- how to enhance professionalism of both the BCS (Audit & Accounts) Cadre officers as well as staff of Audit and Accounts Department.
The committee had also recommended the formation of Directorate of Inspection and Control to monitor the distribution of funds and quality control in the private education sector. Accordingly, the government of Bangladesh created the Department of Inspection and Audit under the Ministry of Education on 1 October 1980.
He called for information technology-based auditing practices in Bangladesh. [6] Ali was the comptroller and auditor general of Bangladesh till 1 January 2008. [2] Ahmed Ataul Hakeem succeeded him as the comptroller and auditor general of Bangladesh. [7] On 31 July 2008, Ali was included in the Truth and Accountability Commission. [8]
Implementation of National Accounting as well as Cost Accounting Standards are also used with other necessary steps in order to regulate the profession. The ultimate goal of this is to develop Bangladesh's natural and human resources to enrich the shared future of the country and to ensure common welfare.
An IT audit is different from a financial statement audit.While a financial audit's purpose is to evaluate whether the financial statements present fairly, in all material respects, an entity's financial position, results of operations, and cash flows in conformity to standard accounting practices, the purposes of an IT audit is to evaluate the system's internal control design and effectiveness.
The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh Chambers of Commerce & Industries, professional accountants association and academia.
Islam joined the Bangladesh Civil Service in the 8th batch as an Audit and Accounts cadre on 20 December 1989. [4] [5] Islam has served as the Controller General of Defence Finance. [3] He was the Senior Finance Controller of Bangladesh Army in the Defense Finance Department. [3] He was Additional Director General of Finance of Bangladesh ...
Directorate of Internal Audit also signed APA with the Ministry for all the activities to be carried out in the fiscal year 2021-2022. The head of the Directorate of Internal Audit signed the agreement on behalf of his directorate and the secretary of the ministry Md. Shahid Ullah Khandaker on behalf of the ministry. [2] [3]