A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. Arif Khan FCMA called on Mr. Mohammad Iqbal, Chairman, Bangladesh Chemical Industries Corporation(BCIC) at his office on April 05, 2016.
The ICMAB President apprised the Chairman, BCIC about the role of Cost and Management Accountants in enterprise management, cost control and performance evaluation of business and industrial sectors. Besides the discussion on the matters of mutual professional interest, President ICMAB also explained how the trade and industries sector of the country could be benefited through Cost and Performance Audit. He also urged upon the need for implementing Cost Audit in different fertilizer factories, in accordance with the decision of the government published through Gazette notification.
The BCIC Chairman gave the assurance of implementing the decision of the government with regards to Cost Audit gradually and step by step. He assured to find out the areas of co-operation between BCIC and ICMAB. He also sought support of ICMAB to make its sick industries profitable.
Among others Secretary Mr. Md. Abdur Rahman Khan FCMA, Treasurer Prof. Dr. Swapan Kumar Bala FCMA, Council Member and Past Presidents Mr. M. Abul Kalam Mazumdar FCMA, Mr. Mohammed Salim FCMA and Director (In-charge) Mr. Nazmus Salehin of the institute were present on the occasion.
On the other hand BCIC Director (Finance) Md. Lutfor Rahman FCMA, Controller of Accounts Mohammad Shaheen Kamal and Additional Chief Accountant Mr. Subhasish Adhikary FCMA were also present during above discussion, says a press release.