President Md. Zillur Rahman urged the

August 2010 ISSN 1993-5366 ICAB News BulletinNo. 250 Monthly News briefing from the Institute of Chartered Accountants of Bangladesh MEMBER OF: International Federation of Accountants (IFAC) International Accounting Standards Board (IASB) CAs Role Vital for Economic Uplift, says President South Asian Federation of Accountants (SAFA) Confederation of Asian and Pacific Accountants (CAPA) In This Issue CAs Role Vital for Economic Uplift, says President Two Technical Sessions held Ensure Transparency in Financial Management, Commerce Minister calls upon CAs 71st SAFA Assembly, 14th SAFA Board, Task Force and Different Committee meetings held EB meeting held Meetings, Programmes held in the Month of August 2010 We Mourn Admission as Associate Permission to Start Practice Permission to Join as Partner IFAC News At a Glance of International Conference of CA 2010 Library Attendance August 2010 41 Qualify as Chartered Accountants in May-June 2010 CA Exam Honourable President of the People's Republic of Bangladesh Md Zillur Rahman delivering speech as Chief Guest of the Conference. President Md. Zillur Rahman urged the professional chartered accountants to play a responsible role in ensuring transparency and accountability of institutions for greater interest of the government and the countrymen. Its my belief that you (accountants) yourself will show transparency and patriotism. Chartered Accountants are the most vital force in driving the economy of the country to achieve budgetary goals of the government, says President Md. Zillur Rahman while inaugurating the International Conference of Chartered Accountants in Dhaka. The Institute of Chartered Accountants of Bangladesh (ICAB) organized the daylong conference on 9th August 2010. The theme of the Md Zillur Rahman Honourable President conference was "Role of Chartered Accountants in the Mobilizing of National Resources" in which Nobel Laureate Professor Muhammad Yunus attended as special guest. Governor of Bangladesh Bank Dr. Atiur Rahman presented the key note paper on the theme of the conference. Speaking at the inaugural session, the President described the role of professional accountants as very important in ensuring the fair financial management of the national budget, which is greatly contributing to the government and non government sectors. The government mostly depends on direct and indirect taxes to meet budget expenditure but many individuals or institutions for

avoiding the tax amounts prepare their annual balance-sheets in ways which do not reflect the real accounts, he warned the professional accountants. Honourable President mentioned that the ICAB has been relentlessly working to produce skilled and professional chartered accountants in the country and those professionals have been acquiring fame and dignity in their activities at home and abroad. It s the demand of time to make the country s financial management more beautiful and disciplined in line with the competitive world, he said. The President expressed his satisfaction over the role of the Chartered Accountants who are providing input of transparency, accountability and good governance in the financial statements of entities of the country. Expressing his belief, the President said all participants would be more benefited through the conference by sharing their latest knowledge and experience. Mr. Abbas Uddin Khan FCA, C h a i r m a n, Organizing Committee in his address of welcome said, a chartered accountant is thoroughly an Abbas Uddin Khan FCA analytical and Chairman, Organizing professionally Committee qualified person with knowhow, capability and skill to contribute significantly to the growth of national savings and resource mobilization to finance investment and development expenditures in the context of growing economy. Dr. Jamaluddin Ahmed FCA, President, ICAB said that Jamaluddin Ahmed FCA President-ICAB accountancy plays a key role to ensure c o r p o r a t e governance, transparency, accountability and professional ethics in financial reporting and the Chartered Accountants are now directly linked with banking and non-banking financial institutions, insurance companies, capital market institutions and listed, non-listed companies and entities of all varieties and dimensions who can generate resources to the national exchequer to finance the development and non development expenditure of the Government. The country is seriously in need of investment in the Power, Gas, Electricity and other infrastructure for rapid economic Press Conference Immediately before the International Conference for Chartered Accountants 2010, the Public Relation Sub Committee of the Conference organized a Press Conference at Pan Pacific Sonargaon Hotel on 8th August 2010. Presided over by Dr. Jamaluddin Ahmed FCA, President, ICAB other members of Public Relation Sub Committee, Council Members participated in the Press Conference. The importance of International Conference for Chartered Accountants 2010 was explained in the Conference in the context of today s scenario in South Asian Region. The theme of the Conference was Role of Chartered Accountants in the Mobilizing of National Resources. The Press Conference ended with the vote of thanks to the media for their cooperation. development which needs huge resources. The professional expertise of the chartered accountants can play a very sound role in the process of the mobilization of resources for the government to finance the development activities of the country. Nobel Laureate Prof. Muhammad Yunus, Managing Director of the Grameen Bank also expressed hopes about the role of the c h a r t e r e d accountants in Dr Muhammad Yunus shaping the MD, Grameen Bank economy of the country. Professor Muhammad Yunus commented that chartered accountants are the most vital players in preparing transparent financial statements of the entities and their cautious supervision of audit work and providing opinion thereon help the entities to rectify their roadmap. Governor Dr. Atiur Rahman in his keynote presentation said the accountants and the auditors could play important roles in accumulating the government s tax Dr. Atiur Rahman from the households Governor, Bangladesh Bank and business enterprises. The present tax-gdp ratio is 9.2 percent compared to 8.9 percent of tax GDP ratio during last fiscal year, he said, adding that the government has stated a five year plan with a target of ensuring the tax-gdp ratio of 12.9 percent by 2015. Dr. Atiur Rahman informed that the government has been considering enactment of a law for the professional accountants. Around 500 professional accountants from home and 45 foreign professionals from the SAARC countries took part in the daylong conference. A section of audience were present in the Inaugural Session. 2

Two Technical Sessions held Dr Jamaluddin Ahmed FCA, President-ICAB presenting his paper in Technical Session-I. In the afternoon two technical sessions were held on the topics, Perspective plan and the Resource Mobilization Strategy of the Government of Bangladesh and Value Added Taxes in Bangladesh-An Effective way of Internal Resource Mobilization. The papers were presented by Dr. Jamaluddin Ahmed FCA, President, ICAB and Mr. M A Baree FCA, former President, ICAB of the organization respectively. Bangladesh Government is preparing a perspective plan. Government has a mission that by 2021 Bangladesh will be middle income country. If we want to go there we have to recast our collecting system, saying Dr Jamaluddin Ahmed FCA, President, ICAB while presenting paper on Perspective plan and the Resource Mobilization Strategy of the Government of Bangladesh in the Technical Session-I of the International Conference of Chartered Accountants 2010. Dr. Jamal said that accountants help to collect revenue for government, valuation tax. Valuation tax is an internal resource. It is an important area. He mentioned the NBR source and said that in the current year the collection was almost 2% or more of total revenue. The other areas are directors, corporate tax and the reduction of the source. It is other important area where authority collects tax. In these areas accountants can help to collect money for government. At the same time when accountants certify the balance sheets and income statements in the report, they calculate the profit and liability around the people. They follow the rules and regulations of the Government applicable to Bangladesh from revenue department to make provision for tax. They assist their clients in preparing their tax return. These are the areas where accountants can help. Dr. Muhammad Farashuddin, President, Board of Directors, East West University moderated the session. A section of audience were present in the Technical Session-II. 3

Mr M A Baree FCA, Past President-ICAB presenting his paper in Technical Session-II. In Technical Session-II Mr. Baree exposed that the government should step up measures to enhance the tax collection system. Speakers at the conference also stressed the need to better the tax-gdp ratio of the country. Although the country s tax-gdp ratio is gradually increasing, still it is lowest among the South Asian countries, said M A Baree FCA, former president of ICAB. One of the main reasons behind such a low ratio is that our government provides tax exemption facilities to many sectors. For example, the transport sector accounts for more that 11 percent of our GDP, but contributes only 1 per cent to the GDP, he said. So it s time for the government to take serious measures, such as improving the tax collection system and make it more pragmatic to increase the ratio. Baree was speaking on the topic Value Added Tax in Bangladesh: An Effective Way of Internal Resource Mobilization. Also many taxable areas enjoy exemptions, he said, citing example of tax break in income tax, zero rate and other special exemptions for imports and truncated base for VAT. He suggested the government take separate strategies for different revenue resources, including income tax, VAT and import duty. VAT is an important revenue source for the government. So the collection target must be made on the basis of the potential in each sector instead of setting a typical target comparing with the previous year, said Mr. Baree. He called upon the government to limit the Statutory Regulatory Orders (SRO), notices and circulars to a manageable level. The National Board of Revenue should take services from the chartered accountants to cope with the skill dearth at the board, said Mr. Baree. He also stressed revising the VAT regulations and making those users friendlier to increase tax collection. Mr. Zahir Uddin Ahmed FCA, former President of ICAB moderated the session. A section of audience were present in the Technical Session-I. 4

Ensure Transparency in Financial Management Commerce Minister calls upon CAs Mr. Muhammad Faruk Khan, MP, Honourable Minister for Commerce, GoB was the Chief Guest of the Valedictory Session of International Conference. Commerce Minister Muhammad Faruk Khan called upon the chartered accountants to maintain international standards in their profession and ensure transparency and accountability in the financial management. Addressing the Valedictory Session of the International Conference of Chartered Accountants 2010 at a local hotel on 9th August 2010. Mr. Faruk Khan said chartered accountants could have alerted people before the recent global economic recession. However, he said, Bangladesh has successfully overcome the recession when many rich countries have suffered a lot. The 4.11 percent growth in export in the last 4 years has proved that the recession did not harm Bangladesh that much. He praised the important contributions of CAs in this regard. The Commerce Minister said chartered accountants have more responsibility towards social welfare as they are from the affluent section of the society. He called upon them to come forward in the well being of the poor and marginalized people of the society. Mr. Faruk Khan mentioned various steps taken by the government to improve power situation and traffic management, construction of Padma Bridge and elevated expressway in the capital. He said 10,000 MW power will be generated by 2015. About 500 chartered accountants including 45 from SAARC countries attended the conference organized by the Institute of A section of participants at Valeditory Session. Chartered Accountants of Bangladesh (ICAB). Mr. Komol Bahadur Chitrakar, President of the South Asian Federation of Accountants (SAFA) was the Special Guest at the session. Dr Jamal Uddin Ahmed FCA, President of the ICAB, Mr. Abbas Uddin Khan FCA, Chairman of Conference Organizing Committee, and Mr. M Abdus Salam. Vice President of the ICAB also spoke at the session. 5

The 8th Board Meeting of the South Asian Federation of Accountants (SAFA), an apex body of SAARC held on 8th August 2010 at Pan Pacific Sonargaon Hotel, Dhaka at 2.00 pm under the Chairmanship of Mr. Komal Bahadur Chitracar, President SAFA. Office bearers of SAFA, Board Members & Technical Advisors of SAFA member bodies attended the meeting. SAFA Board Meeting decided the following matters: SAFA Summit is scheduled to be held on 11-12th December 2010 at Kathmandu. ICAN shall provide all the logistic support and undertake financial responsibility as the host body. A five member working group coordinated by SAFA Vice President Mr. A. N. Rahman was formed to review and finalize the sub-themes within end of August 2010. 71st SAFA Assembly Meeting was held in the evening of the same day under the chairmanship of Mr. Komal Bahadur Chitracar, President SAFA. Mr. A N Raman, Vice President SAFA, Mr. Sheikh A. Hafiz, Advisor SAFA, Mr. T. Karthikeyan, Permanent Secretary SAFA, Mr. Paramananda Adhikari, Executive Secretary SAFA and Heads of Member Bodies & other delegates of all SAFA member bodies participated in the 71st SAFA Assembly Meeting. In this Assembly meeting, revised constitution has been passed as proposed by the Board. The meeting also decided that next Assembly meeting will be held at Chennai, India on 05 January 2010 In the morning of 08 August 2010 71st SAFA Assembly, 14th SAFA Board, Task Force and Different Committee meetings held Mr. Komal Chitracar, President SAFA is presiding over the 14th SAFA Board Meeting. following Task Force and SAFA Committee meetings were held: a. Task Force to develop Broad Guidelines for Organizing SAFA Summit b. SAFA Committee for Improvement in Transparency, Accountability and Governance (ITAG); c. SAFA Committee on Ethics and Independence of Auditors d. SAFA Committee on Governmental and Public Sector Accounting; Chairmen of all above Committees submitted their reports in the Board Meeting. EB Meeting held The 1st meeting for the year 2010 of the Editorial Board (Board) of the Council- ICAB was held on Wednesday, 18 August 2010 at 2:00 pm in the ICAB Council Hall at Chartered Accountant Bhaban, (8th floor), 100 Kazi Nazrul Islam Avenue, Dhaka-1215, under the Chairmanship of Mr M Farhad Hussain FCA, Member Council-ICAB & Chairman of the Board. Meetings, Programmes held in the Month of August 2010 Date Meetings/Programmes 2.8.2010 Executive Comnmittee (EC) Meeting 3.8.2010 RCPAR Sub-Committee Meeting (Category II: Financial Sector- Non-Banking Insurance) 3.8.2010 RCPAR Sub-Committee (Financial Sector Non-Banking) Meeting 4.8.2010 Technical & Research Committee (TRC) Meeting 5.8.2010 Meeting of the Organizing Committee of International Conference of Chartered Accountants 2010 9.8.2010 International Conference of Chartered Accountants 2010 Venue: The Pan Pacific Sonargaon Hotel 16.8.2010 Project Development & Implementation Committee (PDIC) Meeting 18.8.2010 Editorial Board Meeting 24.8.2010 Board of Studies (BoS) Meeting 28.8.2010 Examination Committee Meeting 28.8.2010 Council Meeting 6

Mr. Apurba Kanchan Dasgupta FCA (Enrl No. 233) died on 18 August 2010. He was 66. He left behind his wife, daughters and sons. A virtuous person and dedicated professionals, late Mr. Kanchan was loved and respected by all. Mr. Kanchan qualified as Chartered Accountant from the Institute of Chartered Accountants of Bangladesh (ICAB) in the year September 1978. He was involved with Habib Sarwar & Co. Apurba Kanchan Dasgupta was a noble soul and was always held in high esteem by his relatives, friends and admirers. The participants in a prayer of late Kanchan to almighty Allah, the merciful, for salvation of the departed soul and give the bereaved family the strength and courage to bear his irreparable loss. The members of the Institute expressed deep sorrow at the sad demise of Mr. Apurba Kanchan Dasgupta. We Mourn Articles Wanted We are inviting articles from our valued members for publishing in the Quarterly Journal "The Bangladesh Accountant" on the following topics: Capital Market Banking, Finance Taxation Audit Practices (Local & International) Public Finance Any other topic of interest to our readers Atttrctive honorarium will be paid for the published articles. Admission as Associate Permission to Start Practice The following member has been admitted as Associate of the Institute with effect from the date mentioned against his name: Name Effective Date Ms Rosanna Rahman ACA (1155) 12 July 2010 77, Valley Field Road London SW16 2 HX The following members have been granted permission to Start Practice as Public Accountant with effect from the date as shown against their names. Name Effective Date Mr. Mohammad Mosharraf Hossain PhD, FCA (769) 07 April 2010 Partner Muhammad Shaheedullah & Co. Chartered Accountants 19, Bangabandhu Avenue (2nd floor), Dhaka-1000 Mr. Muhammad Mehedi Hasan ACA (1000) 01 August 2010 Partner Rahman Rahman Huq Chartered Accountants 9, Mohakhali C/A (11th & 12th floors), Dhaka-1212 Mr. Syed Mohammed Ataul Karim FCA (477) 01 August 2010 Partner Ahsan Ataul Azim & Co., Chartered Accountants Karim Vila (3rd floor) House # 9, Area-Bardhan Bari P.S. Darus Salam, Mirpur Dhaka-1216 Permission to Join as Partner Mr. Mohammad Mosharraf Hossain PhD, FCA (769) was permitted to join as partner with M/s Muhammad Shaheedullah & Co., Chartered Accountants, 19, Bangabandhu Avenue (2nd floor) Dhaka-1000 and practice as Public Accountant with effect from 07 April 2010. The existing partners of the Firm are: Mr. Mian Muhammad Shaheedullah FCA (118) Mr. Gopal Bijoy Singh FCA (658) Mr. Muhammad Mehedi Hasan ACA (1000) was permitted to join as partner with M/s Rahman Rahman Huq, Chartered Accountants, 9, Mohakhali C/A, 11th & 12th floors), Dhaka-1212 from 01 August 2010. The existing partners of the Firm are: Mr. Sheikh A. Hafiz FCA (110) Mr. ANAH Siddiqui FCA (60) Mr. M Mosleh Uddin FCA (22) Mr. Adeeb H Khan FCA (652) Mr. Ali Ashfaq FCA Mr. Syed Mohammed Ataul Karim FCA (477) was permitted to join as partner with M/s Ahsan Ataul Azim & Co., Chartered Accountants, Karim Vila (3rd floor), House # 9, Area- Bardhan Bari, P.S. Darus Salam, Mirpur, Dhaka-1216 from 01 August 2010. The existing partner of the Firm: Mr. Muhammad Ahsanulla FCA (202) 7

IFAC News Two IFAC Nominees Selected as Members of IFRS SME Implementation Group Robin Jarvis and Ricardo Rodil to Join SME IG The International Federation of Accountants (IFAC), the global organization for the accountancy profession, welcomes the announcement by the International Financial Reporting Standards (IFRS) Foundation of the membership of the newly created SME Implementation Group (SME IG). IFAC is pleased to note the appointment to the SME IG of two of its nominees Robin Jarvis and Ricardo Rodil. The group s mission is to support the adoption and implementation of the IFRS for Small and Medium-sized Entities (IFRS for SMEs) around the world. As such, it will develop non-mandatory guidance for implementing the IFRS for SMEs in the form of questions and answers that will be made publicly available on a timely basis and make recommendations to the International Accounting Standards Board if and when needed regarding amendments to the IFRS for SMEs. The members of the group will serve a renewable term of two years from July 2010. The full list of members is available here. We are gratified that two of our nominees were selected to join the SME IG, said Ian Ball, CEO of IFAC. Both small- and mediumsized practices (SMPs) and SMEs are vital parts of the global economy. IFAC provides support to SMPs, in collaboration with our member bodies, so that they can provide high-quality services to their SME clients. We also support professional accountants in business, many of whom work in SMEs and will use the IFRS for SMEs. Providing input into international standardsetting including auditing and assurance, ethics, and accounting standards to help ensure that they are relevant to SMPs and SMEs is a key part of our work. Robin and Ricardo will help the SME IG fulfill its mandate by bringing invaluable insights from their professional experience, along with that drawn from their experience with IFAC s Small and Medium Practices Committee. IAESB Releases 2010 Handbook of International Education Pronouncements The International Accounting Education Standards Board (IAESB) has released the 2010 edition of its Handbook of International Education Pronouncements. The 2010 Education Handbook contains the IAESB s suite of eight International Education Standards (IESs), including the Framework for International Education Standards for Professional Accountants (the Framework), as well as three International Education Practice Statements. The handbook has been updated to include the new Framework document, a revised glossary that includes new terms from the Framework, and minor editorial corrections. The new Framework, which uses a more concise and simplified structure so that firsttime readers can readily understand the content, sets out the underlying educational concepts that the IAESB uses in its publications. These concepts will promote greater consistency in IAESB publications and help make the standard-setting process more efficient and effective. The new Framework replaces the previously existing Framework for International Education Pronouncements and the Introduction to the International Education Standards documents, which were published in October 2003. Translations of Clarified ISAs Approved in several European languages The Directorate General Translations (DGT) of the European Commission (EC) has approved for publishing the translation of the International Auditing and Assurance Standards Board (IAASB) Clarity Standards in the following six official European Union languages: Finnish, Lithuanian, Romanian, Slovakian, Slovenian, and Swedish. The DGT is currently reviewing translations of the standards in an additional 14 languages. The translations include all 36 of the IAASB s clarified International Standards on Auditing (ISAs) and the International Standard on Quality Control (ISQC 1) as approved in February 2009. These translations are a vital part of the EC s ongoing consideration of the adoption of the IAASB Clarity Standards throughout the European Union. Ethics Code Translations underway Since the release of the revised Code of Ethics for Professional Accountants (the Code) in July 2009, IFAC has received formal permission requests and proposals for translation of the Code into 23 languages. The majority of these languages are European, but they also include other official languages of the United Nations (UN), such as Arabic and Chinese. Member bodies and other stakeholders in the accounting profession are encouraged to translate the pronouncements published by IFAC in order to make them more widely accessible to members of the profession in their native languages. Increasing the accessibility of the pronouncements through translations is a priority for IFAC in promoting their adoption and implementation. Russian is the only official UN language for which a translation of the Code is not currently being performed. A Russian translation proposal would be welcome by IFAC to fill this gap. Open Consultations and Exposure drafts IFAC Consults: Changing Roles and Employer Expectations of Professional Accountants in Business The Professional Accountants in Business (PAIB) Committee of IFAC recently released for comment the Consultation Paper, Competent and Versatile: How Professional Accountants in Business Drive Sustainable Organizational Success, that highlights how employer expectations of professional accountants in business are expected to change in light of global trends and evolving organizational needs. The paper analyzes these expectations in relation to eight drivers of sustainable organizational success what companies need to do to achieve and sustain success in the changing global economic landscape. The drivers were defined based on an analysis of three long-term trends influencing organizations: globalization, complexity, and technology. The drivers provide the framework for key activities that professional accountants will be expected to perform. These activities are highlighted under the following four roles that form the cornerstones of the services provided by professional accountants: creators, enablers, preservers, and reporters of sustainable value. 8

At a Glance of International Conference of CA 2010 9

At a Glance of International Conference of CA 2010 10

Library Attendance August 2010 Total Attendance was 1903 from the Chartered Accountants firms in the ICAB Central Library during the month of August 2010. The list is given below: Sl. # Name of Firm Total 1 A. B. Saha & Co. 11 2 ABBAS KHAN & Co. 0 3 A Hoque & Co. 4 4 A K Azad & Co. 16 5 A K Deb & Co. 6 6 A Mannan & Co. 0 7 A Matin & Co. 31 8 A Qasem & Co. 35 9 A T Talukder & Co. 1 10 A Wahab & Co. 11 11 ACNABIN 52 12 Aftab Ahmed & Co. 2 13 Ahmad & Akhtar 25 14 Ahmed Khan & Co. 42 15 Ahmed Mashuque & Co. 37 16 Ahmed Shahid & Co. 15 17 Ahmed Zaker & Co. 15 18 Ahsan Ataul Azim & Co. 0 19 Ahsan Kamal Sadeq & Co. 25 20 Ahsan Manzur & Co. 0 21 Ahsan Rashid & Co. 16 22 Ahsan Zamir & Co. 18 23 Aktar Amir & Co. 1 24 Alamgir & Idris 1 25 Alam Chowdhury Mostafa & Co. 17 26 Ali Zahir & Co. 0 27 AMAL & LEENA 4 28 Andrew Gomes & Co. 0 29 Anisur Rahman & Co. 4 30 Anwar Ahmed & Co. 0 31 Asad Zaman & Co. 0 32 Ashraf Uddin & Co. 16 33 Ashraful Haque Nabi & Co. 19 34 Ata Khan & Co. 10 35 Atik & Wahid 1 36 Atik Khaled & Co. 3 37 Ayub & Mahmood 0 38 Aziz Halim Khair Chowdhury 34 39 Azad Abul Kalam & Co. 0 40 B Alam & Co. 7 41 Baree Pear Shafiq Khan 1 42 Basu Banerjee Nath & Co. 14 43 Bokhteyar Humayun & Co. 1 44 C M Alam 0 45 Chowdhury Bhattacharjee & Co. 13 46 Chowdhury Hossain Rashid & Co. 12 47 Das Chowdhury Dutta & Co. 5 48 Dewan Nazrul Islam & Co. 9 49 DHAR & Co. 0 50 Fazlul Hoque & Co. 2 51 G Biswas & Co. 16 Sl. # Name of Firm Total 52 G Kabir & Co. 40 53 G Mostafa & Co. 4 54 G Nabi & Co. 1 55 Habib Sarwar & Co. 0 56 Hafiz Ahmed & Co. 1 57 Haque Shahalam Mansur & Co. 46 58 Hoda Vasi Chowdhury & Co. 108 59 Hossen Delwar & Co. 0 60 Howladar Yunus & Co. 30 61 Huda & Co. 1 62 Huda Hossain & Co. 36 63 Hussain Farhad & Co. 25 64 Irshadullah Patwary & Co. 0 65 Islam Aftab Kamrul & Co. 20 66 Islam Quazi Shafique & Co. 18 67 J R Chowdhury & Co. 6 68 J U Ahmed & Co. 3 69 K B Newaz & Co. 2 70 K M Alam & Co. 14 71 K M Hassan & Co. 32 72 Kanchi Lal Das & Co. 1 73 Kazi Zahir Khan & Co. 16 74 Khaja Shiraj & Co. 0 75 Khaleque Jamal Halder & Co. 7 76 Khan Ayub 23 77 Khan Wahab Shafique Rahman & Co. 17 78 M A Fazal & Co. 1 79 M A Hussain & Co. 10 80 M A Malek Siddiqul Wali & Co. 8 81 M A Quader Kabir & Co. 0 82 M A Taleb & Co. 0 83 M A Zaman & Co. 34 84 M Abdus Salam & Co. 1 85 M Ahmed & Co. 0 86 M Hafiz & Co. 0 87 M I Chowdhury & Co. 11 88 M J Abedin & Co. 64 89 M M Hossain & Co. 0 90 M M Rahman & Co. 2 91 M N Islam & Co. 13 92 Mowla Mohmmad & Co. 1 93 M R Khan & Co. 10 94 M Ruhul Amin & Co. 0 95 M Huque & Co. 1 96 M Z Islam & Co. 10 97 Mahbub Mohsin & Co. 5 98 Mahfel Huq & Co. 6 99 Mandal & Co. 48 100 MARHK & Co. 4 101 MASH Haque 0 102 Masih Muhith Haque & Co. 54 Sl. # Name of Firm Total 103 Masud Altaf & Co. 0 104 Mijan Rahman Bhuiyan & Co. 4 105 Mizan Islam & Co. 0 106 Mohammad Ata Karim & Co. 1 107 Mohammed Quddus & Co. 7 108 Mohibullah & Co. 6 109 Mollah Quadir Yusuf & Co. 4 110 Muhammad Shaheedullah & Co. 23 111 N Chakraborty & Co. 19 112 N K Roy & C67 21 113 N L Roy & Co 0 114 Nurul Azim & Co. 5 115 Nurul Faruk Hasan & Co. 7 116 OCTOKHAN 1 117 Pinaki & Company 17 118 Quasem Abul & Co. 0 119 Rahman Anis & Co. 7 120 Rahman Kashem & Co. 41 121 Rahman Mostafa Alam & Co. 12 122 Rahman Mustafiz Haq & Co. 4 123 Rahma Rahman Huq 5 124 Rahman Thakur & Co. 15 125 Razzaque & Co. 29 126 S F Ahmed & Co. 106 127 S H Khan & Co. 2 128 S K Barua & Co. 13 129 S M Zakaria & Co. 0 130 S N Meahji & Co. 24 131 Sadhan Das & Co. 4 132 Saha Mazumder & Co. 77 133 Sarwar Salamat & Co. 0 134 Shafiq Basak & Co. 7 135 Shafiq Mizan Rahman & Co. 2 136 Shah Alam & Co. 0 137 Shaha & Co. 6 138 Shahadat Rashid & Co. 20 139 S Q Khan & Co. 0 140 S R Bose & Co. 15 141 S R Islam & Co. 2 142 Shiraz Khan Basak & Co. 3 143 Syful Shamsul Alam & Co. 23 144 T Hussain & Co. 6 145 Tofayel Ahmed & Co. 0 146 Toha Anwar Rouf & Co. 2 147 Toha Khan Zaman & Co. 10 148 Zahir Ahmed & Co. 2 149 ZAHUR & MOSTAFIZ 1 150 Zaman Hoque & Co. 40 151 Zoha Zaman Kabir Rashid & Co. 24 Total 1903 11

41 Qualify as Chartered Accountants in May-June 2010 CA Exam 5/5/ICAB-93- In pursuance of bye-law 123 of the Bangladesh Chartered Accountants Bye-laws 2004, the Council of the Institute of Chartered Accountants of Bangladesh (ICAB) has declared the following result of the Professional Examination III of the Institute held in June 2010. Professional Examination-III Candidates who have passed Sl # Reg # Name of Candidates Roll # 1 11908 Monotosh Chandra Roy 6002 2 11604 Arafat Kamal 6006 3 5679 Subrata Gupta 6014 4 11560 Abhijit Gupta 6017 5 7908 Uzzal Debnath 6022 6 9724 Biplob Kanti Banik 6026 7 15726 Sujit Kumar Saha 6031 8 11411 Khadija Yeasmien 6046 9 14056 Zahir Ahmmad 6047 10 16296 Sk. Md. Tarikul Islam 6050 11 14960 Md. Kishlur Rahman 6064 12 9136 Md. Monjurul Ahmed 6075 13 14971 Md. Harun Or Rashid 6097 14 11686 Abdul Mannan 6104 15 10893 Azahar Ali 6137 16 11744 Md. Ali Akther Rezvi 6144 17 14033 Mohammad Aminul Haque 6170 18 14977 Mohammad Johirul Islam 6177 19 14167 Md Sirajul Haque 6209 20 13302 Abhijit Kumar Saha 6211 21 13279 Shamim Al Mamun 6232 22 4911 Md Zahidul Islam Khan 6239 23 7541 Kazi Mottakin Hossain 6241 24 12496 Md Forhad Hossain 6243 25 11555 Md Faruk Hossain 6244 26 12679 Ahmed Yusuf Mozadded 6250 27 13797 Al Amin Siddiki 6257 28 13578 Muhammad Mahbub Alam 6266 29 5359 Md Masudur Rahman 6267 30 14832 Md Didarul Alam 6272 31 15024 Md Shamsul Alam 6290 32 14830 Syed Ahmed 6293 33 9432 Md Mijanur Rahman 6297 34 14962 Mohammed Salah Uddin 6299 35 14829 Md Abu Kawsar 6304 36 13256 Anjan Kumer Roy 6308 37 7630 Md Shahidul Islam 6309 38 9692 Mohammad Masud Karim Majumder 6311 39 11288 Md Hasnat Sudruddin Roomi 6312 40 14211 Md Jahangir Azad 6315 41 14961 Nuruzzaman 6320 Professional Examination-II Candidates who have passed Sl # Reg # Name of Candidates Roll # 1 11127 Md. Ariful Islam 4024 2 14992 Rubiya Akter 4030 3 903 Bikash Chandra Dhar 4036 4 12450 H.M. Ashraf-Uz-Zaman 4047 5 10079 Mohammad Reza Hossain 4076 6 10872 Salma Begum 4077 7 15438 Imtiaz Alam 4078 8 12967 Mohammad Arif 4083 9 12027 Kazi Asif Iqbal Mohammad Shahidullah 4089 10 15347 Md. Nahid Ullah 4094 11 11120 Farooq Ahmmad Bhuya 4098 12 13381 Arjun Kumar Das 4115 13 11619 Md. Mahamud Alam 4176 14 10555 Mohammad Eklas Uddin 4178 15 13997 Sakhawat Hossain 4205 16 13588 Nizamul Islam 4207 17 11711 Satyajit Roy 4225 18 15274 Mohammad Ruhul Quddus 4235 19 13689 S. M. A. Salim 4247 20 11904 Mohammad Mokhlesur Rohman 4264 21 9738 Tahsinur Rahim 4275 22 12539 Md Aman Ullah 4280 23 16345 Tapan Bala Krishna 4281 24 16681 Nazia Islam 4504 25 4946 Md. Shawkat Ali Miah 4505 26 13335 Md. Saiful Hasan 4524 27 14493 Mantu Ranjan Paul 4533 28 16350 Masud Imran Joarder 4539 29 16341 Md Al Amin Juel 4557 30 16675 Md Yaqub Ali 4572 31 16489 Mahmudur Rahman 4576 32 16427 Nil Ratan Karmakar 4581 33 16680 Md. Manzoor-A-Quader 4583 34 16442 Muhammad Kamruzzaman 4585 35 15137 Md. Badrul Islam 4586 36 15636 Md. Siddiqur Rahman 4593 37 15942 Md Selim Reza 4597 38 16683 Muhammad Main Uddin 4604 39 16682 Yesmin Hosna 4610 40 16314 Lingkon Mondal 4615 41 16428 Md. Parvej Ahmed 4618 12

Sl # Reg # Name of Candidates Roll # 42 16279 Md Farhan Ahmed 4620 43 16441 Muhammad Abidur Rahman 4628 44 14836 Md. Mazedul Islam 4631 45 16358 Sk. Ashik Iqbal 4636 46 16488 Moin Uddin Siddique 4639 47 16361 Md Shohel Rana 4642 48 16340 Salmaa Khan Mou 4651 49 15663 Miltan Bepari 4659 50 16095 Md Atikur Rahman 4664 51 16339 Swapan Mazumder 4670 52 4842 Syed Mohammad Shahidullah 4676 53 14393 Md. Shahin Miah 4677 54 6674 Mohammad Shahidul Islam 4678 55 5684 Md Sultan Mahmood 4708 56 12710 Mohammad Mohiuddin 4717 57 12641 Md. Monirul Islam Shamim 4722 58 15528 Md. Shah Amran 4819 59 6960 Abu Sayed Mojumder 4821 60 14434 Biddut Chandra Gupta 4832 61 10803 Sumon Dutta 4852 62 15362 Md. Tazul Islam 4854 63 14706 Ireen Khan Tamanna 4865 64 10026 Mohammad Golam Sarwar 4867 65 8767 Umme Salma 4883 66 13422 Md. Monjurul Islam 4887 67 7923 Md Shafequl Amin 4888 68 13506 Probir Kumar Paul 4919 69 12186 Md. Shaiful Alam 4931 70 11395 Mohammed Iftekharul Islam 4948 71 7309 Md. Munir Hossain 4958 72 12552 Mesbah Uddin 4968 73 14215 Aisha Siddiqua 4994 74 8502 Sheikh Jamal Uddin 4995 75 12437 Md. Abu Nafiz 4998 76 12807 Joly Rozario 5015 77 8265 Abul Kalam Azad 5020 78 12349 Prabhangshu Sarker 5057 79 14808 Md. Mijanur Rahman 5100 80 13056 Parymal Kumer Sarker 5101 81 7207 Mahbub Alam 5103 82 4803 Mohammad Ibrahim 5104 83 12197 Md. Didarul Islam 5105 84 14802 Manik Majumder 5106 85 14472 Uttam Kumar Saha 5107 86 10207 Mohammad Habibur Rohoman Mugumder 5110 87 14575 Imam Hossan 5111 88 12729 Ziaur Rahman Zia 5116 89 6604 Mohammad Abdur Rahim 5117 90 14834 Mohammad Omar Faruk 5118 91 11798 Baidda Nath Saha 5119 92 7742 Muhammad Moniruzzaman 5124 Candidates who have Passed Professional Stage (Knowledge Level) Sl # Reg # Name of Candidates Roll # 1 17142 Mohammad Mahamudul Alam 25 2 16309 Sahadat Hossain 161 3 17271 Sajib Sarkar 373 4 17334 Tapash Kumar Shikder 375 5 17333 Sujan Chandra Paul 377 6 16999 Asaduzzaman Sikder 403 7 17495 Md Ruhul Amin 415 8 17499 Md Nasir Uddin 423 9 17326 Md Abdul Ahad 457 10 17289 Farhan Hyder 460 11 16721 Muhammad Masum Billah 465 12 17498 Ehsanul Karim 468 13 16812 Md Mohsin 471 14 17066 Tamara Hussain 506 15 16632 Md liaul Alam 537 16 17272 Md. Ezazullslam 620 17 17304 Md. Shihabur Reza 623 18 16387 Deenesh Kumar Raha 650 19 16036 Shishier Kanti Das 825 20 15883 Asaduzzaman 872 21 16591 Nilufar Yesmin 923 22 16017 Mohammad Monirullslam 1878 23 16042 Rubaiyath Ara 1978 Candidates who have Passed Either by Exemption or by Examination, all the Papers of Professional Stage (Knowledge Level) Examination Except for Accounting* Sl # Reg # Name of Candidates Roll # 1 16676 Sarker Nahidullslam 929 2 16014 Md Sajed Hossen Chowdhury 936 3 16360 Manish Kanti Sarkar 993 4 16532 Abu Kamal Mohammod Pasha 1293 5 16285 Nirmal Roy 1810 6 16389 Tasnuva Ahmed 1820 7 15930 Swpan Chandra Das 1938 8 15188 Md Abdul Motin 1956 9 14910 Suman Das Dewan 2278 10 16684 Amanat Ahmed 2279 *The above candidates are required to successfully complete a conversion course on "Preparing Limited Company Accounts" to be conducted by ICAB, failing which they will be required to pass Professional Stage (Knowledge Level) examination on Accounting, in order to pass Professional Stage (Knowledge Level) examination in entirety. 13

41 Qualify as Chartered Accountants in May-June 2010 CA Exam Monotosh Chandra Roy Arafat Kamal Subrata Gupta Abhijit Gupta Uzzal Debnath Biplob Kanti Banik Sujit Kumar Saha Khadija Yeasmien Zahir Ahmmad Sk. Md. Tarikul Islam Md. Kishlur Rahman Md. Monjurul Ahmed Md. Harun Or Rashid Abdul Mannan Azahar Ali 14

41 Qualify as Chartered Accountants in May-June 2010 CA Exam Md. Ali Akther Rezvi Mohammad Aminul Haque Mohammad Johirul Islam Md Sirajul Haque Abhijit Kumar Saha Shamim Al Mamun Md Zahidul Islam Khan Kazi Mottakin Hossain Md Forhad Hossain Md Faruk Hossain Ahmed Yusuf Mozadded Md. Al Amin Siddiki Muhammad Mahbub Alam Md. Masudur Rahman Md. Didarul Alam 15

41 Qualify as Chartered Accountants in May-June 2010 CA Exam Md Shamsul Alam Syed Ahmed Md Mijanur Rahman Mohammed Salah Uddin Md Abu Kawsar Anjan Kumer Roy Md Shahidul Islam Mohammad Masud Karim Majumder Md Hasnat Sudruddin Roomi Md Jahangir Azad Congratulations to Newly Qualified Nuruzzaman Chartered Accountants Published by the Editorial Board of the Council, The Institute of Chartered Accountants of Bangladesh (ICAB) 100 Kazi Nazrul Islam Avenue, Dhaka 1215; Tel. 9117521, 9112672, 9115340, 9137847 Fax: 880-02-8119399 E-mail: secretary@icab.org.bd Website: www.icab.org.bd Chittagong: HBFC Building (3rd Floor), 1/D, Agrabad Com. Area, Chittagong, Bangladesh Tel: 880-31-724674 Fax: 880-31-813579 E-mail: icab@spctctg.net UK Chapter: Suite One, 2 Haydons Road, London SW19 1HL, United Kingdom Tel: 44-020 8544 1234 Fax: 44-020-8544 1400 E-mail:hossain@ahmed13.fsworld.co.uk North American Chapter: 5 Massey Square, Suite-2519, Toronto, Ontario M4C 5L6, Canada Tel: 416-686 6760 Fax: 416-916 1091 E-mail: shahed.sharfuddin@td.com 16