The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a webinar on “Public Financial Management in Bangladesh” on Sunday.
Mohammad Muslim Chowdhury, Comptroller and Auditor General of Bangladesh joined the programme as the chief guest and Md. Mamun-Al-Rashid, Member (Secretary), Industry and Energy Division of Planning Commission joined as special guest, said a press release.Chief guest Mohammad Muslim Chowdhury said that public financial management got a unique feature in government system. Our financial process starts from the parliament. He described the entire PFM system in a detail manner for the participants and students of this arena.
Special guest Md. Mamun-Al-Rashid said that expenditure management is a key issue for government, especially developing countries needs to focus on this process very much. He emphasized on procurement plan and described its importance for the development process on the basis of his diverse experience.
ICMAB President Md. Jasim Uddin Akond thanked all the honorable guest and participants, and emphasized particularly on ensuring cost audit certification by a professional CMA firm or professional for every listed companies.