Effective audit arrangements for public trust

block

UNB  :
Speakers at an international conference stressed effective auditing arrangements to help build public trust and contribute to sustainable high-quality decision-making.

They said that the government of Bangladesh is committed to achieving the Sustainable Development Goals by 2031. So, accountability and transparency in managing risks and investments are the sine qua non (that which is absolutely necessary) for the implementation of SDGs.

Experts came up with these observations at an international conference on ‘Accountability & Sustainability: Implementation Progress’ jointly organized by the Institute of Chartered Accountants of Bangladesh (ICAB), Dhaka Stock Exchange Ltd, and Victoria University of Wellington, New Zealand, held at ICAB Auditorium, CA Bhaban, Kawran Bazar, Dhaka on Thursday (Nov 30).

The speakers said in audit and assurance arrangements, the regulations to address sustainability concerns are International Financial Reporting Standards or IFRS Sustainability Disclosure Standards like IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information; and IFRS S2: Climate-related Disclosures.

The empirical evidence on sustainability practices is directly linked to the reduction cost of capital, National commitment, and development.

block

Dr. Shamsul Alam, Former Minister of State, Ministry of Planning, was graced in the ceremony as the Chief Guest. Dr. Md. Khairuzzaman Mozumder, Secretary, Finance Division, Ministry of Finance, was present as the special guest in the ceremony.

Professor Dr. Hafiz Md. Hasan Babu, Chairman of Dhaka Stock Exchange (DSE) was present as the guest of honor.

Dr. Yinka Moses, CA, CPA(Aust), Academic Programme Leader, Wellington School of Business and Government, Victoria University of Wellington, New Zealand presented the keynote paper.

ICAB President Md. Moniruzzaman FCA and ICAB CEO Sshubhashish Bose also spoke at the event.