NAPSA holds AGM
Sunday, 30 December 2007
FE Report
The annual general meeting (AGM) of the National Association of Public Sector Accountants (NAPSA) was held in the city Friday.
NAPSA President and ex-Controller of Accounts of Bangladesh Steel & Engineering Corporation (BSEC) Md Israil presided over the AGM and presented the Annual Report for 2007, said a press release.
Two Vice Presidents of NAPSA Md Yeasin Ali and SC Ghosh, among others, were present at the AGM.
Safiqur Rahman, ex-Controller of Accounts, BSEC and Syed Mofizur Rahman, advocate of the Supreme Court of Bangladesh were present as the special guests.
Israil also informed the members of the association that NAPSA had commissioned BBC Associates, Consultants, to work out the losses incurred by Bangladesh due to devastating Floods of 2007. NAPSA took it as its responsibilities to the community. The Consultants took three months to study and survey the damage done by Flood-2007 and came out with the sector-wise figures of loss totaling to Tk 468,015 million (or US $6.88 billion).
Among the important suggestions made in the AGM were: (a) Name of NAPSA should be changed to Association of Public Finance Accountants on the lines of British Institute of Public Finance and Accountancy, (b) Election of the Board of Governors for 2008 should be held in January 2008, (9) Best Public Finance Accountant Award should be reintroduced, (d) NAPSA's Syllabus should be updated in line with the Syllabus of the British Institute of Public Finance and Accountancy and (e) Associate and Fellow Members of the ICAB and ICMAB should be admitted as Associate and Fellow Members of NAPSA granting them full exemption from the examinations of NAPSA as a mark of honour to the two prominent accounting bodies of the country --- this privilege should be allowed until the new Syllabus on the lines of the British Institute was introduced.
The annual general meeting (AGM) of the National Association of Public Sector Accountants (NAPSA) was held in the city Friday.
NAPSA President and ex-Controller of Accounts of Bangladesh Steel & Engineering Corporation (BSEC) Md Israil presided over the AGM and presented the Annual Report for 2007, said a press release.
Two Vice Presidents of NAPSA Md Yeasin Ali and SC Ghosh, among others, were present at the AGM.
Safiqur Rahman, ex-Controller of Accounts, BSEC and Syed Mofizur Rahman, advocate of the Supreme Court of Bangladesh were present as the special guests.
Israil also informed the members of the association that NAPSA had commissioned BBC Associates, Consultants, to work out the losses incurred by Bangladesh due to devastating Floods of 2007. NAPSA took it as its responsibilities to the community. The Consultants took three months to study and survey the damage done by Flood-2007 and came out with the sector-wise figures of loss totaling to Tk 468,015 million (or US $6.88 billion).
Among the important suggestions made in the AGM were: (a) Name of NAPSA should be changed to Association of Public Finance Accountants on the lines of British Institute of Public Finance and Accountancy, (b) Election of the Board of Governors for 2008 should be held in January 2008, (9) Best Public Finance Accountant Award should be reintroduced, (d) NAPSA's Syllabus should be updated in line with the Syllabus of the British Institute of Public Finance and Accountancy and (e) Associate and Fellow Members of the ICAB and ICMAB should be admitted as Associate and Fellow Members of NAPSA granting them full exemption from the examinations of NAPSA as a mark of honour to the two prominent accounting bodies of the country --- this privilege should be allowed until the new Syllabus on the lines of the British Institute was introduced.