30 entities receive ICAB award newagebd.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newagebd.net Daily Mail and Mail on Sunday newspapers.
Bangladesh has been making significant strides in aligning its accounting framework with international standards, which is making it easier for investors to understand and engage with public authorities.
Cash-based financial mgmt hinders audit standard: CAs newagebd.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newagebd.net Daily Mail and Mail on Sunday newspapers.
If the banks follow the International Financial Reporting Standards (IFRS) properly then the banks’ asset will be eroded by 40 per cent due to the carry-over classified loans, said Md Hamid Ullah Bhuiyan, chairman of Financial Reporting Council (FRC).
Banks and non-banks in Bangladesh are not properly following the International Financial Reporting Standard (IFRS) and so, the real picture is not seen in their financial reports, said Md Hamid Ullah Bhuiyan, chairman of Financial Reporting Council (FRC).