The Institute of Chartered Accountants of Bangladesh (ICAB) arranged a Members’ Conference on ‘New Format of Auditor’s Report Based on Latest International Standards on Auditing’ on Friday, said a statement.
Dr. Swapan Kumar Bala FCMA, Commissioner, Bangladesh Securities and Exchange Commission (BSEC) was the chief guest.
Asif Zakir Chowdhury ACA, Manager-Assurance, Ernst & Young –London, UK presented the keynote paper while Mahmud Hosain FCA, Member Council and Vice President moderated the conference.
Sabbir Ahmed FCA, Partner, Hoda Vasi Chowdhury & Co., Chartered Accountants, Md. Rokonuzzaman FCA, Partner, ACNABIN, Chartered Accountants and Sk. Ashik Iqbal ACA, CPA were the panel speakers.
The speakers suggested that management of a company should have the affiliation in the International Auditing Standard (IAS) for audit report.
They urged BSEC and other regulators to work closely for making accountable both the auditors and the internal control of management to make the audit report transparent.