Random & pointless thoughts!
ICMAB introduced new syllabus in 2015. Under this new syllabus, there are 5 levels. 1. Knowledge Level; 2. Business Level; 3. Operation Level; 4. Management Level; 5. Strategic Level. Details syllabus is available in the ICMAB Professional Career Pack which contains topics covered in each subjects of Operation, Management and Strategic level of the new syllabus. Read more
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Application process for certificate and transcript is hectic and little bit confusing. I wish they could ease it up with some digitization and synchronizing information between Program office/ department, Halls and registrar building. Read more
Most of the individual tax payers pay tax on their income from salary. With the salary the receive, these individual has to manage all the basic needs as well as extended needs. However, tax authority allows deduction on only 3 types of expenses. As if people need only house to live, medical to health and conveyance to go office. As if people do not need to eat, do not need to wear cloths and send their children to schools. Read more
On 11th May 2018, Bangladesh launched its first satellite. It is a matter of pride and joy. Whole nation was very excited to have the very first satellite sent to the space. Through this event, Bangladesh has marked its footprint in the vast space. The very first satellite has been named Bangabandhu Satellite-1 (BS-1) after the father of the nation Bangabandhu Sheikh Mujibur Rahman. Read more
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There are some challenges relevant to the auditor and audit professions which are not directly internal to the firms and has no or significantly lower control over them. These challenges are the outdoor challenges which are caused mostly from the side of readers or users of the financial statements, management of the clients, governments and regulatory bodies. Read more
Issues of auditor independence, the role of corporate governance, the responsibilities of management, the appropriateness of consulting services, and the overall professional obligations of auditors have all been discussed and debated by a broad array of interested groups and individuals. The theme linking these debates has often been âwhat is wrong with the auditing profession?â and its close relative âwhat can be done to improve the auditing profession?â Read more
The term audit is derived from the Latin term âaudire,â which means to hear. In early days an auditor used to listen to the accounts read over by an accountant in order to check them. Auditing is as old as accounting. It was in use in all ancient countries such as Mesopotamia, Greece, Egypt, Rome, United Kingdom (UK) and India. Read more
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