President’s Communication : February 2019
Dear Fellow Members
The month of February has the significance of 'Ekushey' which is synonymous with 'Ekushey February', the day we observed and honor those who sacrificed their lives on 21st February 1952, simultaneously sowing the seeds of the independence movement which was to free East-Bengal from the then Pakistani rulers. In the world's history, no other nation has had to struggle so much, shed so much blood to hang onto their right to speak their Mother Tongue. The lesson from our glorious language movement is our most precious national pride, which always inspires us. We observed the day with due solemnity.
Dear fellow members, our Institute is an organization to be proud of and I want to see ICAB is playing very constructive role in nation building and respected everywhere. Although the Institute is currently facing some challenges, but we are more than capable of addressing these prudently and transforming these challenges info opportunities. I look forward to contributing further to the endeavors taken by my predecessors and I hope that during my time in office as president I will be able to foster on our already strong name-ICAB.
24 February 2019, New York, as the President I represent ICAB at CEOs meeting of CA Worldwide (CAW) and made a presentation on “SMPs in the Emerging Economies” besides my introductory deliberation on ‘Institute and Market Development’.
Most importantly I am pleased to inform you that I had an exclusive meeting with Mr. Michael Izza, Chairman-CAW and Chief Executive of the Institute of Chartered Accountants in England and Wales(ICAEW), and Mr. Vernon Soare, Chief Operating Officer of ICAEW. We discussed mainly the capacity building of ICAB and its strategic plan for 10 years - how ICAEW can help and support ICAB.
20 February 2019, workshop on ‘Advanced Scholastic Valuations’ (Business and Assets Valuation) was held at ICAB Auditorium. Dr. Fernando Scarpati, Managing Director, Business Valuation International (BVint) was the resource person. Among others I was present in closing ceremony. It was a wonderful session and no doubt, members would be benefited from this workshop.
02 February 2019, the closing ceremony of the Advanced Level training on IFRS & IAS was held. As the Chief Guest Mr. SM Rejoan Hossain, Additional Secretary (Admin), Ministry of Commerce, GoB was present. Recurrently ICAB holds this training every year. Updates of IFRS & IAS were discussed in the session.
16 February 2019, I attended a launching ceremony of “Recollections of a Civil Servant –Turned Banker” authored by Md. Matiul Islam, FCA. Mr. Islam is the country’s first Finance Secretary and one the of top bureaucrats who took the challenges and responsibility of rebuilding the war torn new born Bangladesh. We are really proud of him.
17 February 2019, Muktir Sangram’ authored by Md. Shahadat Hossain FCA was launched at a ceremony where I was present as the Special Guest. Mr. Shahadat Hossain has two other books in his credit namely ‘Bangabandhu-O-Bangladesher Arthonity’, and ‘Accountability for Economic Development’. Typical professional Accountants are engrossed with mathematical data, calculation of income, revenue & expenditure and above all ethical code of conduct. However, Mr. Md. Matiul Islam, FCA and Mr. Md. Shahadat Hossain FCA are extraordinary Chartered Accountants who cut a remarkable trace in their career.
You will be happy to learn that I have advised the ICAB executive team to preserve the books authored by our respected members at a place of ICAB premises apart from those books to be made available in library.
21 February 2019, the Dhaka Regional Committee (DRC) of ICAB organized an art competition, poetry recitation, free medical check-up for children and a discussion on language movement marking the Omar Ekushey and the International Mother Language Day at ICAB auditorium.
Eminent literary and journalist Mr. Fazle Lohani graced the occasion as the chief guest and Professor Dr. Biswajit Gosh, Vice Chancellor of Robindra University as guest of honour.
Among others, I was present in the meeting and recalled the contributions of language veterans and also reiterated our commitments to build the nation with the spirit of this movement. At the end I distributed few prizes to the winners along with the chief gust and the special guest.
At dawn of 21st February, as President I joined a rally organized by ICAB to place floral wreath at the altar of Central Shaheed Minar in observance of Amar Ekushey and International Mother Language Day. Council Member Mr. Md. Shahadat Hossain FCA, Secretary Major General Muhammad Imrul Quayes, ndc, psc (retd) and DRC Chairman Mr. AHM Ariful Islam FCA, Secretary Md. Mr. Amran Hossan FCA, among others also attended the procession.
We Mourn: we are sadden by the demise of our fellow members Mr. Syed Mohammed Nurul Islam Meahji FCA (Enrl. No. 175), Proprietor of S N Meahji & Co., Chartered Accountants and Mr. Bimalendu Chakraborty FCA (Enrl. No. 425), Proprietor of B. Chakraborty & Co., Chartered Accountants. We prayed to Almighty Allah for eternal peace to the departed souls. May Allah give the bereaved family members to bear the irreparable loss.
The following meetings of the Council, Standing and Non-Standing Committees and Sub-committees of ICAB were held during the month of February 2019:
Standing and Non-Standing Sub-committees:
Wish you all the best.
A F Nesaruddin FCA