ICAB, BPPA sign MoU

A Memorandum of Understanding (MoU) was signed between the Institute of Chartered Accountants of Bangladesh (ICAB) and the Bangladesh Public Procurement Authority (BPPA) at the CA Bhaban in the city on Thursday. BPPA CEO Md Shoheler Rahman Chowdhury and ICAB CEO Shubhashish Bose signed the MoU on behalf of their respective organisations. ICAB president Mohammed Forkan Uddin was also present at the event. Under the MoU, the ICAB will provide necessary assistance in verifying the authenticity of the audited financial reports filed in the e-GP system for compliance with the rules and regulations of PPA-2006 and PPR-2008. The BPPA will use this Document Verification System (DVS) to verify whether the audit report and audited financial statements submitted by the registered tenderers/suppliers in the e-GP system were certified by ICAB's CoP holder Chartered Accountants.