Chartered accountants in Bangladesh – challenges & opportunities

Abstract

This report titled “Chartered Accountants in Bangladesh Challenges & Opportunities” is an outcome of the BBA internship program of BRAC University. The internship program helps to apply understanding of academic knowledge into practical fields through on-site job opportunities. According to Constitution of Bangladesh “The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body in Bangladesh, established under the Bangladesh Chartered Accountants Order, 1973 (President's Order No.2 of 1973) for the purpose of regulating the profession of accountants and for matters connected therewith.” In this report I have attempted to explain the different aspects of the chartered accountancy profession. Numerous interviews were conducted on the basis of frequently asked questions by the students and concerned individuals about this profession, like- article-ship time period, convenience of class timings, quality of lectures, study manuals, exam leave, pay scale, etc. To provide a clear idea of those quarries, some open-ended questions were also included, which were asked by aspiring students. All these questions were answered by the Fellow Chartered Accountants and professionals, also talked with FCAs from different countries who completed their article-ship from Bangladesh working in international companies. I have tried to facilitate this report with statistics in the findings & analysis part of the study.