The Institute of Chartered Accountants of Bangladesh (ICAB) and Chartered Accountants Australia & New Zealand (CA ANZ) signed a Memorandum of Understanding (MoU) on Wednesday at a virtual platform.
Under this MoU, both the Institutes will recognise their members based on pathway program and practical experience, said a press release.
There will be no requirement of passing CA ANZ general route examinations by eligible ICAB members as the CA ANZ International Pathway Program (IPP) workshop would examine through case studies the contemporary Australasian business, accounting and finance environment relevant for members of ICAB.
ICAB President Mahmudul Hasan Khusru and CA ANZ CEO Ainslie van Onselen signed the MoU from their respective sides.
The MoU stipulated that ICAB members living in Australia or New Zealand having five years post qualification experience anywhere will be eligible to be a member of CA CANZ after successful completion of CA ANZ International Pathway Program (IPP).
On the other hand, CA ANZ members can also be members of ICAB subject to having Bangladeshi citizenship and other requirements as prescribed by ICAB bylaws.
ICAB President Mahmudul Hasan Khusru said, under this MOU the relationship between the two renowned Institutes will open a new horizon, wider network, foster mutual collaboration, enhancing professional expertise, add value to the members and the nation as a whole.
President-CAANZ Dr Nivos Botica Rodmayno said this initiative will solid our partnership by providing mutual benefits.
She said CA professionals are difference makers and we shall be able to make a difference in terms of education, sharing learning and members' benefits in future.
ICAB Vice President Md Abdul Kader Joaddar, Council Member & former president Md Nasir Uddin, Council Member Sabbir Ahmed, CEO Shubhashish Bose, CA ANZ CEO Ainslie van Onselen and Manager International Liaison, International Development Navini Peiris, ICAB Asia Pacific Chapter Chairman Hamiduddin Ahmed and Secretary Abu Haider Mohammed Kibria spoke in the occasion.