ICMAB opposes recruiting foreigners in accounting functions

BSS | Published: 00:00, Apr 24,2019 | Updated: 22:19, Apr 23,2019

 
 

A delegation of ICMAB, led by president M Abul Kalam Mazumdar, on Tuesday called on Bangladesh Investment Develop-ment Authority (BIDA) executive chairman Kazi M Aminul Islam at his office in the
city.
The ICMAB president apprised the BIDA executive chairman about the role of cost and management accountants in enterprise management, cost control and performance evaluation of business and industrial undertakings.
He said that ICMAB had got global standard academic curriculum and were producing highly skilled professional accountants to meet the demand for accounting expertise in the country.
Kalam Mazumdar also informed the BIDA chairman that some companies were appointing foreign nationals in accounting and financial functions despite the availability of local personnel in similar skills and expertise.
The employment of foreign nationals, especially in accounting and financial functions, is causing increased unemployment, noted the ICMAB president.
He requested the BIDA chairman to take necessary measures to stop the appointment of overseas accountants to work in Bangladesh.
The BIDA executive chairman acknowledged the role of the professional accountants in country’s economic development.
He assured them of his support for the development of the cost and management accounting profession.
Among others, council member and former president Mohammed Salim and director of the Institute Nazmus Salehin were present.

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