Posted on Business Business & Profession

Rethinking FRC’s Backdated Audit Report Prevention Policy – Practical Challenges and a Better Path Forward

The Financial Reporting Council of Bangladesh has introduced a policy to prevent backdated audit report signatures. This is an important step toward enhancing audit integrity. However, the requirement for directors and auditors to sign financial statements on the same day as the board meeting creates significant practical challenges, especially for companies with geographically dispersed directors or auditors. Read more

Posted on Business Business & Profession Profession Technology

Why you should continue to update yourself?

If a person stops learning, his knowledge and skills will start to wear off. He will be out of practice and will face difficulties applying it. That too if the expertise remains relevant after a long time. Because of the legal, technological changes and covid-19 pandemic, operation process of organization has changed tremendously. This is making some of past expertise irrelevant and obsolete. Unless one keeps updating himself and adopt changes, he too will become obsolete for the role he is working on. Read more