President's Communication August -2021

President’s Communication: August 2021

Dear Fellow Members and Colleagues

Assalamu Alaikum and  Greetings to you all,

The month of August is a month of grief and tragedy as 15th August is ‘National Mourning Day’ for the nation. We express our deepest respect to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman who had been brutally killed along with many of his family members and relatives on that day.

 

The month of August was the most vibrant month of the year as far as the activities of ICAB were concerned. There were events one after another through which we compensated the loss that COVID inflicted on us at the beginning of the year.

 

The inauguration of different automation projects made the month an eventful one. We inaugurated 6 automation projects. We hope we shall be able to complete the rest projects within the remaining months of 2021.

 

With the introduction of these new platforms, the members and students will be able to get their services at ease and in efficient manner from any convenient location. These initiatives will save valuable time and will indeed increase the quality of overall activities of ICAB as a whole.

 

With this optimistic note, let me now update you with the activities of the Institute during August 2021

 

A webinar on ‘Work Life Balance Embracing Tech’ was jointly organized by ICAB and the Women Leadership Committee of the South Asian Federation of Accountants (SAFA) on 5 August 2021 where Foreign Minister Professor Dr. AK Abdul Momen, MP attended as the Chief Guest.

 

I delivered address of welcome; Maria Howlader FCA, Vice President of ICAB and Chairperson of the SAFA Women’s Leadership Committee, moderated the event. Anoji De Silva, Council Member of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), Partner, E&Y, Sri Lanka presented the Keynote Paper. As a panel speaker, Chairperson, Underprivileged Children’s Educational Programmes (UCEP) Bangladesh and Past President-ICAB Parveen Mahmud FCA, Kemisha Soni CA India, Member, SAFA Women Leadership Committee; Mariam Khawar FCMA, Member, SAFA Women Leadership Committee, ICMA Pakistan attended the event. A K M Delwer Hussain FCMA, President of South Asian Federation of Accountants (SAFA) delivered the opening remarks at the Webinar. Chamila Cooray FCA, Council Member of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), ICAB Vice President Md. Abdul Kader Joaddar FCA, CEO, ICAB Shubhashish Bose also spoke in the webinar.

 

Education Minister Dr. Dipu Moni, MP inaugurated the CA students and members’ placement automation of ICAB at a virtual ceremony organized by the Institute of Chartered Accountants of Bangladesh (ICAB) on 30 August 2021.

 

ICAB President Mahmudul Hasan Khusru FCA delivered address of welcome while Council Member and Past President Kamrul Abedin FCA moderated the programme  as the session chairman. ICAB Vice President Maria Howlader FCA presented the paper on ‘CA students and members placement automation’ and elaborated salient features of this portal from the users’ perspective.

 

ICAB CEO Shubhashish Bose gave introductory speech and Vice President Md. Abdul Kader Joaddar FCA delivered concluding remarks.

 

A webinar titled ‘Forensic Accounting and Audit’ was organized by ICAB on 29 August 2021, where Dr. Md. Mozammel Haque Khan, Commissioner (Enquiry), Anti-Corruption Commission (ACC) attended as the Chief Guest.

 

Md. Masud Biswas, Executive Director, Bangladesh Financial Intelligence unit (BFIU), Bangladesh Bank and Mustafa Surka, Partner, Forensic Services, KPMG Assurance and Consulting Services LLP, India participated in the webinar as panel speakers. I delivered address of welcome while Council Member and Past President A F Nesaruddin FCA presided over the webinar as the session chairman. Mohammad Al-Maruf Khan FCA, Partner, Howladar Yunus & Co. Chartered Accountants and Hemal Modi, Partner, Sharp & Tannan Associates, Vadodara, Gujarat, India jointly presented the keynote paper.

 

ICAB organised virtual webinar on “Digitalization: Country, Business and Global Perspective” on 07 August 2021 where Dr. Ahmed Munirus Saleheen, Secretary, Ministry of Expatriates' Welfare and Overseas Employment, GoB attended as the chief guest. I delivered the address of welcome while Akhtar Sohel Kasem FCA, Member Council, Past President of ICAB and Senior Partner, A Qasem & Co., Chartered Accountants presided over the Webinar as the Session Chairman.

 

Mohammad Tufael Chowdhury, Partner at PwC Strategy & Australia, presented the Keynote paper. As panel speakers Anir Chowdhury, Policy Advisor, a2i Programmme, ICT Division and the Cabinet Division, GoB; Osman Ershad Faiz, Chief Information and Operating Officer, AMTD Group, Singapore; Kazi Monirul Kabir, Founder & Chief Innovation Officer, Spider Digital Innovations  participated at the webinar.

 

ICAB organized the inauguration ceremony on ‘Automation of CA Examination Management System’ on 09 August through Online Zoom App. Mustafa Jabbar Minister, Ministry of Post and Telecommunication, GoB graced the occasion as the Chief Guest. ICAB Vice President Md. Abdul Kader Joaddar elaborated key features of automation of the ICAB examination system. I delivered address of welcome while Council Member and Immediate Past President Muhammad Farooq FCA presided over the ceremony as the Session Chairman.Swadesh Ranjan Saha FCA, Member of the Institute, joined as a special guest.  ICAB Vice President Md. Abdul Kader Joaddar FCA highlighted the main features of the examination automation system. ICAB CEO Shubhashish Bose gave introductory remarks and Vice President  Maria Howlader FCA delivered closing remarks.    Representative from Satcom Limited presented the demo of the system.

 

ICAB organized a webinar on how Bangladeshi education system prepares students for the future, organised by the Institute of Chartered Accountants of Bangladesh (ICAB) on 28 August 2021 where a significant number of findings were revealed.

 

Deputy Education Minister Mohibul Hassan Chowdhury, MP graced the occasion as the Chief Guest. Professor Atiqul Islam, Vice Chancellor, North South University, Professor Dr. Anwarul Kabir Rumi, Vice Chancellor, State University of Bangladesh and Md. Jashim Uddin, President, The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) attended as special guests. I delivered address of welcome while ICAB’s Council Member & Past President Md. Humayun Kabir FCA presided over as the session chairman. Md. Abdul Kader Joaddar FCA, Vice President, ICAB presented the keynote paper.

 

ICAB launched automation of its members’ service and students’ registration process’ on 25 August 2021. State Minister for Social Welfare Md. Ashraf Ali Khan Khasru M.P, inaugurated the services virtually and graced the ceremony as the Chief Guest. I delivered the address of welcome.

 

Md Humayun Kabir FCA, Member Council and Past President of ICAB moderated the ceremony. ICAB Vice President Md. Abdul Kader Joaddar FCA and Council member Mohammed Forkan Uddin FCA jointly presented the Keynote papers. ICAB Vice President Maria Howlader FCA delivered closing remarks.

 

ICAB Observed  National Mourning Day; State Minister for Cultural Affairs KM Khalid, MP attended a virtual discussion and Doa Mahfel orgaised by the Institute of Chartered Accountants of Bangladesh (ICAB) on 14 August 2021 to mark 15 August 2021, National Mourning Day. I presided over the discussion while Ajit Kumar Sarkar joined as keynote speaker. ICAB CEO Shubhashish Bose gave introductory speech. ICAB also distributed food among the poor around the institute on the day.

 

As part of digitalization, ICAB launched ‘ICAB Enterprise Resource Planning (ERP) and HR Automation’ on 26 August 2021 virtually.

 

Md. Joynal Abedin, Honorable Press Secretary (Secretary), Public Division, President’s Office, Bangabhaban, GoB inaugurated the event. I delivered address of welcome. ICAB Council Member Gopal Chandra Ghosh FCA narrated the ERP and its outcome while, Chief Executive Officer (CEO), ICAB Shubhashish Bose gave a brief presentation on HR automation of ICAB, ICAB Vice President Maria Howlader FCA made concluding remarks in the event. Council Member and Past President of ICAB, Muhammad Farooq FCA moderated the programme.

 

Online Certificate Course on Finance for Non-Finance Professionals started from 27 July 2021 and completed on 10 August 2021. The training was organized with a view to enhancing the competence of non-finance professionals. Masud Khan, Chairman of Unilever Consumer Care Ltd and Chief Adviser of Crown Cement Group, was the resource person. Managers, supervisors and staff from various national and multinational organisations participated in the training.

 

Online Microsoft Power BI Course (1st Batch); to make familiar with the data transformation through BI tools, ICAB organized an interactive Online training session on “Microsoft Power BI Course” on 28 August 2021. Professionals in business, finance & accounts, IT, sales & marketing and compliance, Regulators, Internal Auditors & External Auditors were the participants of the training programme.

 

Md. Mahbub Sarker ACA, Budgetary Control & Reporting Lead, Expo Group, BD and expert in BI tools acted as the resource person.

 

A webinar on ‘Environmental, Social, and Corporate Governance (ESG)-Global Perspective’ was organized by ICAB on 21 August 2021. Local Government Rural Development and Co-operatives Minister Md Tazul Islam, MP, joined the programme as the chief guest. I delivered address of welcome while Nasir Uddin Ahmed FCA, Member Council and Past President of ICAB conducted the session as the session chairman. Asif  Chowdhury, Senior Manager, Ernst & Young LLP, United Kingdom and Adeeba Nuraina Risha, Research Associate, BRAC Institute of Governance and Development (BIGD), jointly presented the keynote paper. ICAB CEO Shubhashish Bose made introductory remarks and Vice President Sidhartha Barua FCA made concluding remarks.

 

Professor Dr. Khondoker Mokaddam Hossain, Founder Director, Institute of Disaster Management and Vulnerability Studies (IDMVS) Dept, University of Dhaka and Dr. Jaynal Uddin Ahmed, Professor, Department of Management, North- Eastern Hill University, Meghalaya, India participated in the webinar as panel speakers.       

 

Lastly, I believe opportunities bring responsibilities. The institute is trying what it can to create enormous potentials for the members. The institute is mindful that there is increased expectation of the society and the nation on professionals. I am sure, we all will keep doing our part and made those expectation fulfilled.

 

May the Almighty help us in discharging our noble duties. 

 

No more today.

 

With profound regards

Mahmudul Hasan Khusru FCA

President

Update Date : 05/10/2021

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