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The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body and research institute in Bangladesh. [ 2 ] [ 3 ] It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation.
CA Foundation contains 5 series of papers. The CA Foundation exam replaced the CA-CPT exam and now is conducted by the Institute of Chartered Accountants of India (ICAI) thrice a year. After the CA Foundation exam, students need to complete the Intermediate and Final levels as well to become a chartered accountant
The CPT or Common Proficiency Test was the first level of Chartered Accountancy examinations in India which has been changed to CA Foundation according to ICAI's revised scheme. [ 1 ] Eligibility
The aspirant should enroll in the CA Foundation with ICAI, and after 4-month study period, he will be eligible for writing the exam. After clearing the CA Foundation Exam, he can register for CA Intermediate Course and should complete the Orientation Program and Information Technology Training (ITT).
The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accounting body of Bangladesh. Established in 1973, it is the sole organization with the right to award the Chartered Accountant designation in Bangladesh.
The basic requirements for financial reporting by all companies in Bangladesh were provided by the Companies Act of 1994. [1] Today, it is represented by two professional bodies, the Institute of Cost & Management Accountants of Bangladesh (ICMAB) and the Institute of Chartered Accountants of Bangladesh (ICAB).
Members of ICAI cannot use the ICAI emblem, but they are encouraged to use the CA logo instead on their official stationery. ICAI is a founder member of the International Federation of Accountants (IFAC), [ 19 ] South Asian Federation of Accountants (SAFA), [ 20 ] and Confederation of Asian and Pacific Accountants (CAPA) [ 21 ] and ...
[4] [5] It was created through the passage of Financial Reporting Act 2015 in the parliament of Bangladesh. [6] In 2020 it signed agreements with International Valuation Standards Council, International Federation of Accountants, and IFRS Foundation. [7]