ICAB delegation meets ICAEW president to strengthen global professional ties

A two-member delegation from the Institute of Chartered Accountants of Bangladesh (ICAB), led by President Maria Howlader, met with Malcolm Bacchus, President of the Institute of Chartered Accountants in England & Wales (ICAEW), at the latter's office in London, the United Kingdom (UK) recently.

The ICAB team engaged in discussions covering a broad range of professional matters, including mutual collaboration and professional development, the role of artificial intelligence in the profession, audit software, the implementation of sustainability reporting, knowledge exchange, academic curriculum, students' pathway schemes, and study materials.

They also explored avenues for institutional capacity building, including the management organogram and training programmes, according to a press release.

The other member of the ICAB delegation was Mahbub Ahmed Siddique, chief operating officer.

AKM Fazlur Rahman, chairman of the ICAB UK Chapter, was also present at the meeting.

The presidents of ICAB and ICAEW reached a consensus on incorporating more specific provisions in the memorandum of understanding (MoU), which is scheduled for renewal this year.

Since 2008, ICAB has collaborated with ICAEW as a learning and professional development partner and has served as a recognised tuition provider of ICAEW. In 2009, ICAB signed its first MoU with ICAEW.

Among others, Jon Hooper, senior manager of international capacity building at ICAEW; Daniel Westley, senior international business development manager; and Jonathan Mbewe, senior manager of international development, were also in attendance.