The Institute of Cost and Management Accountants of Bangladesh (ICMAB)
is a leading professional body in Bangladesh that offers professional
qualification in Cost and Management Accountancy, with a focus on
accounting for business. ICMAB programme has been designed to meet the
evolving needs of business today and tomorrow. The Institute is a
statutory constituted by the government -under the cost and management
Accountants Ordinance 1977 (Ordinance No. LIII of 1977) and regulated
under the cost and Management Accountants Regulations, 1980 (as amended
upto date. It is managed as an autonomous professional body under the
Ministry of Commerce. Apart from education, it is also engaged in
regulating and promoting the profession of cost and management
accounting in Bangladesh. The Institute of Cost and Management
Accountants of Bangladesh is the only national institute of the country
imparting training and education in the field of cost and management
accounting. It has branches. in Chittagong, Rajshahi, Comilla and Khulna
along with its main branch in Dhaka. The Institute. is managed by a
National Council of 16 members. It is a member of the International
Federation of Accountants (IFAC), Confederation of Asian and Pacific
Accountants (CAPA), and South Asian Federation of Accountants (SAFA).
ICMAB members are known as CMAs with their designatory title ACMA and
FCMA. They play leading roles in the accountancy and finance profession
in Bangladesh. 30% of members live and work in UK, USA, Canada,
Australia and Gulf Countries.
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