Contabilidade e regras contábeis em Bangladesh

Accounting Rules

Tax Year

From 1 July to 30 June

Accounting Standards

The main source of accounting principles is the series of approved accounting standards issued by the Institute of Chartered Accountants of Bangladesh (ICAB). Most of these standards are based on international accounting standards IFRS and IAS.

Accounting Regulation Bodies

Securities and Exchange Commission of Bangladesh

Accounting Reports

The financial statements consist of a balance sheet, an income statement (profit and loss) and cash flows. Accounts should be accompanied by an Auditer's reports and Director's report.

Publication Requirements

Financial statements must be prepared annually. Companies with shares listed on the stock exchanges in Dhaka or Chittagong must comply with additional requirements in terms of financial disclosure and public announcements. The Government may ask for, via notification in the Official Gazette, an annual information return.

Professional Accountancy Bodies

Institute of Chartered Accountants of Bangladesh (ICAB)
Institute of Cost and Management Accountants of Bangladesh

Certification and Auditing

Only members of the Institute of Chartered Accountants of Bangladesh (ICAB) can apply for an audit license, which allows them to audit companies. For more information see the KPMG website.

Accounting News