The Dhaka Chamber of Commerce and Industry (DCCI) has signed a memorandum of understanding (MoU) with the Institute of Cost and Management Accountants of Bangladesh (ICMAB) with a view to working together to improve the business climate.
DCCI President Shams Mahmud and ICMAB President Md Jasim Uddin Akond signed the MoU in the city on Tuesday.
Shams Mahmud said the signing the MoU will usher in an opportunity for both the organisations to work together for the betterment of the business community.
He also appreciated the professionals of ICMAB for their hard work to ensure transparency in the financial system of a company.
He called upon the ICMAB to work closely with the industries and firms to strengthen relations between them.
Jasim Uddin Akond stressed the need to ensure cost audit certification by cost management accounting firms or professionals for every listed company.
He also emphasised the certification of 'cost of goods sold' statement by CMA professionals.
CMA professionals can create a great impact by using their expertise to ensure clarity in various economic aspects, he said.
DCCI Senior Vice President NKA Mobin said that DCCI and ICMAB can jointly work to promote business-friendly environment in the country for the development of economy.
DCCI Vice President Mohammad Bashiruddin, Convenor Golam Zialani and council members of ICMAB were present at the signing ceremony.
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