April 2010

Monthly News briefing from the Institute of Chartered Accountants of Bangladesh

ICAB News BulletinNo. 246

MEMBER OF:

International Federation ofAccountants (IFAC)

International Accounting

Standards Board (IASB)

South Asian Federation ofAccountants (SAFA)

Confederation of Asian andPacific Accountants (CAPA)

In This Issuep Entrepreneurship the

crore Driving Force ofEconomy

p Meeting of PracticingMembers held at ICAB

p ICAB team attends 13thBoard Meeting of SAFAat Colombo

p Commerce MinisterAssures ICAB ofFinancial Assistance toConstruct an ICAB Complex

p 30th AGM of DRC-ICABwas held

p Mostafa and Kowcharare Elected Chairman,Secretary of DRC for 2010

p Delegates fromCanadian HighCommission MeetsSecretary, ICAB

p We Mourn

p Library AttendanceApril 2010

p For whom the bell tolls

p DRC-ICAB CelebratesBorsha Boran

p Meetings andProgrammes held in the Month of April 2010

ISSN 1993-5366

Speakers in ICAB Seminar

Entrepreneurship the core Driving Force of Economy

Aseminar titled "EntrepreneurshipDevelopment in Bangladesh" was held atthe ICAB Auditorium on 8 April 2010.

The Institute of Chartered Accountants ofBangladesh (ICAB) organized this seminar.Mr. Salman F. Rahman, President, BangladeshAssociation of Publicly Listed Companies(BAPLC) graced the occasion as Chief Guest.Mr. Matiul Islam FCA, Chairman, Industrial &Infrastructure Development Finance CompanyLimited conducted the Seminar as SessionChairman.Mr. Abdul Mannan, Professor University of LiberalArts, Bangladesh and former Vice Chancellor,Chittagong University, Chittagong presented thekeynote paper.Dr. Jamaluddin Ahmed FCA, President, ICABoffered an address of welcome to the audience and

discussed in details the robust growth inentrepreneurship in Bangladesh which he said hasgiven birth to the recent SME concept. Mr. Jamaluddin referred back to the era of IndustrialRevolution that took place in the United Kingdomaround the 18th Century and spread later to entireEurope and America and commented that greatmomentum was added to the development ofentrepreneurship from that time all the world over.As for Bangladesh Mr. Jamal said that the realeconomic growth of the country started with thebirth of Bangladesh as a sovereign state in 1971when members of young generation who wererunning after clerkship during the reign of Pakistanstarted to promote them-selves as entrepreneurs. Hesaid that achievement of Bangladesh as a risingeconomy and the recent official recognition of theBangladesh economy rated as BB in the long term

Mr. Salman F. Rahman, President, Bangladesh Association of Publicly Listed Companies (BAPLC) delivering his speech as Chief Guestin a CPD Seminar on Entrepreneurship Development in Bangladesh. Other distinguished guests were, (L-R) Professor, Abdul Mannan,School of Business, University of Liberal Arts, Bangladesh and former Vice Chancellor, Chittagong University, Mr. Jamaluddin Ahmed,PhD, FCA, President-ICAB, Mr. Matiul Islam FCA, Chairman, Industrial & Infrastructure Development Finance Company Limited andMr. Md. Abdusl Salam FCA, Vice President-ICAB.

by Standards and Poor’s (S&P), asovereign world class rating agency provessuccessful the contributions and efforts of

the country’s entrepreneurs. Thisdemonstrates that there has beentremendous entrepreneurship development

in Bangladesh which over the last fewdecades has generated a stable economyfor the 150 million people of the country.Mr. Salman F. Rahman in his speech asChief Guest expressed great optimismabout the role of the risingentrepreneurship in the country andnarrated his own life as a successfulentrepreneur. Mr. Rahman a self promotedbusinessman and a renowned personality inthe corporate sector highly lauded the roleof financial, non-financial and non-governmental organizations in promotingentrepreneurship which in turn has beencontributing greatly in strengthening thewheel of the economy. n

ICAB News Bulletin No. 246

April 20102

A section of audience of the seminar.

(L-R) Mr. Abdul Mannan, Professor University of Liberal Arts, Bangladesh and former Vice Chancellor, Chittagong University, Chittagong, Paper Presenter, Mr. JamaluddinAhmed Ph.D, FCA, President, ICAB, Mr. Salman F. Rahman, President, Bangladesh Association of Publicly Listed Companies (BAPLC), Mr. Matiul Islam FCA, Chairman,Industrial & Infrastructure Development Finance Company Limited, Session Chairman and Mr. Abdus Salam FCA, Vice President, ICAB.

Ameeting of the PracticingMembers of ICAB was held on18 April 2010 at the ICAB

Auditorium. Mr. Abbas Uddin Khan FCA,Chairman of Professional DevelopmentCommittee presided over the meeting. Thepracticing members discussed variousissues related to the audit of accountsunder different Ministries/Corporationsand non-government bodies.The speakers stressed the needs forworking unitedly for strengthening theInstitute. The said the members shouldcomply with the decision of the Instituteabout fees and other terms and conditionsand scope of the audit work. They also saidthe Institute should ensure maximum

Meeting of Practicing Members held at ICAB

Jamaluddin Ahmed PhD, FCA, President, ICAB sharing his views with practicing members in the meeting.

participation of the firms in all future auditwork with government agencies atrespectable fees. Action should be taken

against those who would violate theInstitute decision it was opined in themeeting. n

Adelegation of the Institute ofChartered Accountants ofBangladesh (ICAB) made a courtesy

call on Mr. Muhammad Faruk Khan, MP,Honorable Minister, Ministry of Commerce,GoB at his office on 29 April 2010. TheICAB delegation was led by Dr JamaluddinAhmed FCA, President-ICAB. Othermembers of the delegation were Mr Md

Abdus Salam FCA, Mr. Md. ShahjahanMajumder FCA, Vice Presidents and Mr. N IChowdhury FCA, Secretary-ICAB.The ICAB delegation apprised the Hon’bleMinister about the reforms undertaken by theInstitute under the Twinning Project in thefield of curriculum and examination system,quality assurance, practice and compliance ofstandards and codes in preparation and audit

of financial statements in the corporatesector. Dr. Jamal while exchanging viewswith the Minister informed him that theresponsibility network of the Institute and itsmembers has increased to unlimiteddimension. Dr. Jamal stated that theMemorandum of Understanding (MoU)signed in 2009 between the ICAB and theInstitute of Chartered Accountants inEngland and Wales (ICAEW) has elevatedICAB to the standards of world classInstitutes and has increased ICAB’s activitiesmanifold. So ICAB needs to enhance itsfacilities to student’s and members to renderand ensure more effective financial servicesto the nation. Dr. Jamal apprised the Ministerof the present accommodation problem of theInstitute and sought financial assistance tobuild an ICAB complex on a plot of landICAB is going to purchase from its ownresources. The Hon’ble Minister assured ofnecessary financial assistance to ICAB tobuild the proposed ICAB complex as ICABhas been playing a very constructive role asregulatory body of the accounting professionin the country in the capacity of anautonomous body of the Minister ofCommerce. n

An ICAB delegation met with Mr Muhammad Faruk Khan MP, Hon'ble Minister, Ministry of Commerce, GoB,(centre), led by Mr Jamaluddin Ahmed PhD, FCA, President, ICAB (2nd from left). Others are (L-R) Mr. MdShahjahan Majumder FCA, Mr. Md Abdus Salam FCA, Vice Presidents, ICAB and Mr N I Chowdhury FCA,Secretary, ICAB.

ICAB News Bulletin No. 246

April 20103

Commerce Minister Assures ICAB of FinancialAssistance to Construct an ICAB Complex

An 6-member ICAB delegationheaded by Mr. Md. Abdus Salam,FCA, Vice president of the Institute

of Chartered Accountants of Bangladesh(ICAB) participated at the 13th South AsianFederation of Accountants (SAFA) BoardMeeting held on April 26-27, 2010 atColombo, Sri Lanka. Mr. Komal Bdr. Chitracar the new presidentof SAFA for the year 2010 presided over themeeting.Mr. Chitrakar thanked all participants toattend in the Board Meeting. He showed hisconfidence that this meeting would provide aplatform to members to exchange ideas andnetwork among the SAFA member bodies.He stated that all the member bodies of SAFAare not equal in size but the spirit of SAFA isequal which makes every meeting successful.He also said as the mission of SAFA is tokeep all the member bodies together so we allshould stand together. He welcomed the newpresident and vice president and hoped thatthey will also help to remain SAFA united

forever and assured them for all kind of helpfrom him. Other members of the ICAB delegation areMr. Abbas Uddin Khan FCA, MemberCouncil & Past President and Member Taskforce to review SAFA constitution, Mr. Md.Humayun Kabir FCA, Council Member &Past President, ICAB, and Member SAFAAccounting and Auditing StandardsCommittee, Mr. Anwaruddin ChowdhuryFCA, Member Council & Past President,

ICAB and Member SAFA Small & MediumPractices Committee, Mr. Md. Syful IslamFCA, Member Council, ICAB and TechnicalAdvisor of SAFA Board and Mr. MdShahadat Hossain FCA, Member Council,ICAB and Member SAFA Governmental andPublic Sector Enterprises AccountingCommittee.Meetings of SAFA Standing and Non-Standing Committees on Education,Accounting and Auditing were also held. n

ICAB team attends 13th Board Meeting of SAFA at Colombo

ICAB team attends the Board Meeting of SAFA with others Colombo, Sri Lanka.

The 30th Annual General Meetingof Dhaka Regional Committee(DRC) of the Institute of

Chartered Accountants of Bangladesh(ICAB) was held on April 24, 2010 at 4:00p.m. at the Auditorium of the Institute. Themeeting has approved and adoptedfinancial statements of DRC for the year2008-2009. In the meeting Mr. MostafaKamal FCA and Mr. AKM Saif UllahKowchar FCA were elected Chairman &Secretary respectively of DRC for the year2010. Outgoing Chairman Mr. Md. Harun-Or-Rashid FCA introduced the newChairman & Secretary of DRC. The meeting approved the minutes of the29th AGM held on 31 March 2009. Theannual reports and financial statements2008-2009 were discussed and adopted inthe meeting. The meeting also discussedthe Annual Report placed by the outgoingChairman which after thorough discussionwas adopted after necessary correction. They appointed two auditors for the year2009-2010 and fixed their remuneration. Speaking at the meeting Mr. Md. Abdus

Salam FCA, Vice President, ICAB thankedthe outgoing Chairman of DRC-ICAB andhis committee for their outstandingcontribution during the year 2009. The ICAB Vice President welcomed thenewly elected members of DRC andassured them of all out support from theInstitute. New Chairman and Secretary of DRC Mr.Mostafa Kamal FCA and Mr. AKM SaifUllah Kowchar FCA also spoke at the

meeting. The full committee of DRC-ICAB for the year 2010 is as follows:Mr. Md Atikur Rahman FCA, Mr. Md.Akbar Hossain FCA, Mr. Md. GolamKibria FCA, Mr. Mahmudul Hasan KhusruFCA, Mr. Imran Ahmed FCA, Mr. MdMahmud Hosain FCA and Mr. MasudParvez FCA.Vice Presidents, Council Members, PastPresidents and Members of DRC were alsopresent in the meeting. n

ICAB News Bulletin No. 246

April 20104

The 30th Annual General Meeting of DRC-ICAB Audience.

30th AGM of DRC-ICAB was held

Incoming office bearers of DRC-ICAB standing in a photo session with outgoing office bearers, DRC-ICAB.

The 30th Annual General Meetingof Dhaka Regional Committee(DRC) of the Institute of

Chartered Accountants of Bangladesh(ICAB) was held on April 24, 2010 at 4:00p.m. at the Auditorium of the Institute.In the meeting Mr. Mostafa Kamal FCAand Mr. AKM Saif Ullah Kowchar FCAwere elected Chairman & Secretaryrespectively of DRC for the year 2010.

Outgoing Chairman Mr. Md. Harun-Or-Rashid FCA introduced the new Chairman& Secretary of DRC. Mr. Mostafa Kamal FCA was born atShariatpur District and obtained B. Com(Hons.) & M. Com from University ofDhaka. He qualified as a CharteredAccountant in 2003. He has gathered along experience in various organizationslike Rahman Rahman Huq, IPDC ofBangladesh Limited, where he has givenhis efficient working performance indifferent positions. Presently Mr. Kamal isworking as Vice President & CompanySecretary in Lanka Bangla Finance Ltd. Mr. AKM Saif Ullah Kowchar FCA wasborn at Noakhali District and obtainedB.Com degree from Dhaka City College.He qualified as a Chartered Accountant in2003. He has gathered a long experience invarious organizations like KPMG Qatar,Rahman Rahman Huq, where he has givenhis efficient working performance in

different positions. Presently Mr. Kowcharis working as General Manager (Finance)in Pacific Bangladesh Telecom Ltd. Other members of DRC are Mr. Md. AtikurRahman FCA, Mr. Md. Akbar HossainFCA, Mr. Md. Golam Kibria FCA, Mr.Mahmudul Hasan Khusru FCA, Mr. ImranAhmed FCA, Mr. Md. Mahamud HosainFCA and Mr. Masud Parvez FCA. n

ICAB News Bulletin No. 246

April 20105

Mostafa and Kowchar are Elected Chairman, Secretary of DRC for 2010

Mr. Mostafa Kamal FCAChairman, DRC-ICAB

Mr. AKM Saif Ullah Kowchar FCASecretary, DRC-ICAB

Delegates from CanadianHigh Commission Meets

Secretary, ICAB

A2 member delegation of theCanadian High Commissionincluding Ms. Sylvie Pelletier

and Mr. Scott Paterson met with Mr. N IChowdhury FCA, Secretary, ICAB on 12April at ICAB office.ICAB President and the Canadian teamdiscussed areas of technicalcollaboration between the two.Especially they discussed on ICABEducation Structure, Pattern ofexamination, Admission Criteria undernew syllabus.

We are shocked to inform you that Mr. Md.Raquibul Husain FCA (Enrol-241) a seniormember of the Institute of Chartered Accountants ofBangladesh (ICAB) expired on 25 April 2010.(Innah Lillahe …………Rajeun). Late Md. Raquibul Husain served as ChiefAccountant, American International School, Dhaka.He was a renowned social worker and was alwaysappreciated for his works. The members of theInstitute expressed deep sorrow at the demise of Md.Raquibul and prayed to Almighty Allah, the mercifulfor salvation of his departed soul and give thebereaved family the strength and courage to bear theirreparable loss.

Md Raquibul Husain FCA

We Mourn

ICAB News Bulletin No. 246

April 20106

Sl. # Name of Firm Total1 A. B. Saha & Co. 232 ABBAS KHAN & Co. 03 A Hoque & Co. 34 A K Azad & Co. 335 A K Deb & Co. 116 A Mannan & Co. 07 A Matin & Co. 638 A Qasem & Co. 1609 A T Talukder & Co. 810 A Wahab & Co. 3911 ACNABIN 18612 Aftab Ahmed & Co. 2813 Ahmad & Akhtar 7414 Ahmed Khan & Co. 7615 Ahmed Mashuque & Co. 9016 Ahmed Shahid & Co. 3217 Ahmed Zaker & Co. 318 Ahsan Ataul Azim & Co. 119 Ahsan Kamal Sadeq & Co. 1020 Ahsan Manzur & Co. 121 Ahsan Rashid & Co. 6722 Ahsan Zamir & Co. 423 Aktar Amir & Co. 324 Alamgir & Idris 625 Alam Chowdhury Mostafa & Co. 7426 Ali Zahir & Co. 027 AMAL & LEENA 628 Andrew Gomes & Co. 129 Anisur Rahman & Co. 230 Anwar Ahmed & Co. 031 Asad Zaman & Co. 032 Ashraf Uddin & Co. 3933 Ashraful Haque Nabi & Co. 734 Ata Khan & Co. 535 Atik & Wahid 036 Atik Khaled & Co. 637 Ayub & Mahmood 138 Aziz Halim Khair Chowdhury 10339 Azad Abul Kalam & Co. 040 B Alam & Co. 3941 Baree Pear Shafiq Khan 942 Basu Banerjee Nath & Co. 5543 Bokhteyar Humayun & Co. 544 C M Alam 045 Chowdhury Bhattacharjee & Co. 6146 Chowdhury Hossain Rashid & Co. 4747 Das Chowdhury Dutta & Co. 848 Dewan Nazrul Islam & Co. 549 DHAR & Co. 450 Fazlul Hoque & Co. 351 G Biswas & Co. 7

Sl. # Name of Firm Total52 G Kabir & Co. 6953 G Mostafa & Co. 254 G Nabi & Co. 255 Habib Sarwar & Co. 156 Hafiz Ahmed & Co. 657 Haque Shahalam Mansur & Co. 6058 Hoda Vasi Chowdhury & Co. 20359 Hossen Delwar & Co. 060 Howladar Yunus & Co. 5861 Huda & Co. 1862 Huda Hossain & Co. 2663 Hussain Farhad & Co. 2164 Irshadullah Patwary & Co. 8 65 Islam Aftab Kamrul & Co. 2966 Islam Quazi Shafique & Co. 2867 J R Chowdhury & Co. 1668 J U Ahmed & Co. 969 K B Newaz & Co. 1970 K M Alam & Co. 2271 K M Hassan & Co. 6572 Kanchi Lal Das & Co. 973 Kazi Zahir Khan & Co. 2074 Khaja Shiraj & Co. 175 Khaleque Jamal Halder & Co. 1876 Khan Ayub 1377 Khan Wahab Shafique Rahman & Co. 3178 M A Fazal & Co. 979 M A Hussain & Co. 280 M A Malek Siddiqul Wali & Co. 2181 M A Quader Kabir & Co. 182 M A Taleb & Co. 483 M A Zaman & Co. 3984 M Abdus Salam & Co. 785 M Ahmed & Co. 886 M Hafiz & Co. 187 M I Chowdhury & Co. 5488 M J Abedin & Co. 6189 M M Hossain & Co. 090 M M Rahman & Co. 391 M N Islam & Co. 8292 Mowla Mohmmad & Co. 893 M R Khan & Co. 2194 M Ruhul Amin & Co. 395 M Huque & Co. 096 M Z Islam & Co. 097 Mahbub Mohsin & Co. 1798 Mahfel Huq & Co. 2199 Mandal & Co. 19100 MARHK & Co. 31101 MASH Haque 3102 Masih Muhith Haque & Co. 87

Sl. # Name of Firm Total103 Masud Altaf & Co. 0104 Mijan Rahman Bhuiyan & Co. 0105 Mizan Islam & Co. 1106 Mohammad Ata Karim & Co. 0107 Mohammed Quddus & Co. 5108 Mohibullah & Co. 23109 Mollah Quadir Yusuf & Co. 34110 Muhammad Shaheedullah & Co. 41111 N Chakraborty & Co. 25112 N K Roy & C67 42113 N L Roy & Co 0114 Nurul Azim & Co. 10115 Nurul Faruk Hasan & Co. 28116 OCTOKHAN 1 117 Pinaki & Company 110118 Quasem Abul & Co. 16119 Rahman Anis & Co. 9120 Rahman Kashem & Co. 25121 Rahman Mostafa Alam & Co. 20122 Rahman Mustafiz Haq & Co. 12123 Rahma Rahman Huq 77124 Rahman Thakur & Co. 23125 Razzaque & Co. 44126 S F Ahmed & Co. 230127 S H Khan & Co. 18128 S K Barua & Co. 30129 S M Zakaria & Co. 9130 S N Meahji & Co. 16131 Sadhan Das & Co. 26132 Saha Mazumder & Co. 88133 Sarwar Salamat & Co. 3134 Shafiq Basak & Co. 6135 Shafiq Mizan Rahman & Co. 2136 Shah Alam & Co. 3137 Shaha & Co. 11138 Shahadat Rashid & Co. 64139 S Q Khan & Co. 0140 S R Bose & Co. 11141 S R Islam & Co. 35142 Shiraz Khan Basak & Co. 0143 Syful Shamsul Alam & Co. 60144 T Hussain & Co. 14145 Tofayel Ahmed & Co. 9146 Toha Anwar Rouf & Co. 22147 Toha Khan Zaman & Co. 26148 Zahir Ahmed & Co. 37149 ZAHUR & MOSTAFIZ 0150 Zaman Hoque & Co. 31151 Zoha Zaman Kabir Rashid & Co. 21

Total 3982

Library Attendance April 2010Total Attendance was 3982 from the Chartered Accountants firms in the ICAB Central Library during the month of April 2010. The list isgiven below:

ICAB News Bulletin No. 246

April 20107

John Donne summed it up appropriatelymany years ago and I indeed feel verydiminished at the passing away of Mr. Md.Raquibul Husain. The bell tolled very earlyfor this fine gentleman as he left us withouteven getting the time to say goodbye.My first memory of meeting him goes wayback to the mid eighties when I had juststarted practice and one of my firstassignments was the audit of the PalliBidyut Samities under the RuralElectrification Board (REB). I was sent todiscuss the draft audit report. I still recallthe warm and hospitable manner in whichRaquib Bhai greeted us, even though wehad never met before, and led us to theconference room. The discussions, as suchdiscussions usually go, went off reasonablysmoothly but there were disagreements incertain areas. Instead of trying to imposeanything on us, he went to great lengths todig out REB’s policies and explain thebasis. The only noticeable sign of discordwas a deep sigh perhaps born out ofexasperation but he never let us feeluncomfortable. I was indeed veryimpressed with his politeness, hisknowledge and above all his humility. Since then our paths have crossed manytimes, the most recent being when hejoined the American International School,although it was my sister and fellowPartner, Sanjida, who dealt with him moreoften than I did. Nevertheless, his e-mailsfrom time to time on various professionaland Institute matters would always inspire

and encourage me. In 2004 when I wasserving the Institute he made many usefulsuggestions, many of which I tried toimplement. However, it was not all oneway appreciation. He was very quick topoint out that we were inviting nonChartered Accountants to take upmanagement positions within the Institutewhich he thought could easily be handledby our members. I shall remember him as aloyal friend and a caring elder brother,besides being extremely courteous andprofessional.

The day he brought his daughter, Rafia, toour firm to study Chartered Accountancywas perhaps one of the proudest momentsof his life. He gushed over the tremendouslove and respect he had for this professionand exhorted his daughter to attain thisvery noble qualification. Soon thereafter, came the setback and thefirst signs of his illness. He was admitted toShikder General Hospital aroundSeptember 2009 with a severe heart attack.I rushed there in the evening soon after Iheard the news and found him veryemotional but even in that condition, hewarmly welcomed me and spoke highlyabout me to his family – embarrassinglyso. He recovered from that attack but had

to leave his official commitments ondoctor’s advice. He gradually made thetransition arrangements and I wonder ifthis did not weigh on him somewhat.My last meeting took place with him in ouroffice in early April 2010 when he came toinvite us to the wedding of his very lovelydaughter, Rafia, to one of our seniormanagement team, Imtiaz, also a fineyoung man who completed his ACCA inthe UK. I felt very sad to have to tell himthat I was going on an overseas trip andwouldn’t be around for the wedding. Littledid I know that would be our last meeting.I received the news of his passing awaywhile I was abroad through my sister. Foran hour or so I just sat there in shock andstunned disbelief, as tears welled up in myeyes and the ultimate final words in ourreligion, Inna lillahi wa inna ilayhiraji'un -- 'Surely we belong to Allah and toHim shall we return', passed my lips. Notin a long time have I felt so much pain andsorrow on hearing the death news ofanyone. Rafia’s wedding had taken placejust 2 days before and what should havebeen a happy and joyous household wassuddenly transformed into one of gloom.Was it Fate or Providence that had allowedhim to stay on and at least see his lovingdaughter’s wedding. Who knows?What I do know is that he will be mournednot just by his family but by all of us whohad come into contact with him and had theprivilege of learning from him. The oftrepeated clichés like irreparable loss, willbe sadly missed by us, etc. will bementioned, but to me his smiling face andfriendship will always be there to inspireand guide me in my moments of adversity.May he be happy in his new home whereall of us will have to go one day.

For Whom the Bell Tolls – In Remembrance of Md Raquibul Husain

By Sohel Kasem FCA

"Each man's death diminishes me,

For I am involved in mankind.

Therefore, send not to know

For whom the bell tolls,

It tolls for thee."

Md Raquibul Husain FCA

ICAB News Bulletin No. 246

April 20108

Published by the Editorial Board of the Council, The Institute of Chartered Accountants of Bangladesh (ICAB)100 Kazi Nazrul Islam Avenue, Dhaka 1215; Tel. 9117521, 9112672, 9115340 , 9137847 Fax: 880-02-8119399 E-mail: secretary@icab.org.bd Website: www.icab.org.bd

Chittagong: HBFC Building (3rd Floor), 1/D, Agrabad Com. Area, Chittagong, Bangladesh Tel: 880-31-724674 Fax: 880-31-813579 E-mail: icabctg@spctnet.comUK Chapter: Suite One, 2 Haydons Road, London SW19 1HL, United Kingdom Tel: 44-020 8544 1234 Fax: 44-020-8544 1400 E-mail:hossain@ahmed13.fsworld.co.ukNorth American Chapter: 5 Massey Square, Suite-2519, Toronto, Ontario M4C 5L6, Canada Tel: 416-686 6760 Fax: 416-916 1091 E-mail: sarwarchowdhury@hotmail.com

DRC-ICAB Celebrates Borsha Boran

Shuvo Noboborsho to all. Shushagotom 1417, biday 1416. Bybidding goodbye to the 1416, Bengali New Year 1417 comesinto being.

Rabindranath Tagore pioneered the idea of celebrating Bangla NewYear’s Festival in his Shantiniketanschool to create a feeling ofunity in the diversity of human existence. The celebration of Bengali New Year is known as “PahelaBaishakh” or 1st Baishakh. The traditional way of celebrating it iscalled ‘Haal Khata’, which means New Ledger. All the storeownerswould hold a special celebration on this day.Dhaka Regional Committee (DRC), ICAB organized a BorshoBoron programme for Pohela Baishakh in a grand manner on 24April 2010 at Bangabandhu International Conference Centre,Agargoan, Dhaka.Every participant coming from diverse religion-culturalbackground takes a feeling that the festival is his or hers own. DrJamaluddin Ahmed FCA, President, ICAB was the Chief Guest ofthe programme. He said that According to the Bengali calendarBaishakh is, the first month, when thick smoky clouds cover the skyand strong gusts of wind shake the trees, blow them away, uprootthem, rip off fruits from the trees, massacre houses. This is a veryfamous culture among Bangladeshi to celebrate this PahelaBaishakh when all kind of religions enjoy themselves with eachother.The main attraction was the cultural programme in front of thepeople participated there. In the cultural programme several artistnamed Konokchapa, Shokh, Sohel, Quddus Boati etc came to addfragrance in the cultural programme. They have performed numberof songs and dances with Tagore’s famous song “Esho he Baishakh,esho, esho…”, which means ‘Come Baishakh, come, come, withyour hot airy breath, take away all our pain, blow away the trash oflast year’ to amuse the participants.

Date Meetings/Programmes1.4.2010 9-Member ICT Sub-Committee Meeting7.4.2010 REC Meeting8.4.2010 CPD Seminar11.4.2010 5-Member Sub-Committee Meeting (Bank Audit)12.4.2010 Meeting Between Representative of Canadian

High Commission12.4.2010 5-Member Sub-Committee Meeting (Invertivew

for the post of Director)12.4.2010 9-Member Sub-Committee of the ICT Committee15.4.2010 PDIC Meeting18.4.2010 5-Member Sub-Committee of the ICT Meeting19.4.2010 Meeting of all Practicing Member with the

Representative of Ministry of LGRD, GoB • Council Meeting

24.4.2010 PDIC Sub-Committee Meeting26.4.2010 5-Member ASC Sub-Committee Meeting29.4.2010 Meeting with Ministry of Commerce

Meetings and Programmes held in the Month of April 2010