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The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like banks, non-bank financial institutions (FIs), insurance companies, capital market Intermediaries like brokerage houses, merchant banks etc.; micro finance institutions (MFIs).
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce .
Bangladesh Institute of Bank Management was established in 1974 to train officials of banks and financial institutions of Bangladesh. Since then, BIBM has extended its scope to include providing Masters in Bank Management (MBM) and Evening MBM (EMBM) degrees, carrying out research in banking and finance, holding seminars and round table discussions, and aiding financial institutions in their ...
Administratively, it is the attached department to the Internal Resources Division (IRD) of the Ministry of Finance (MoF). MoF has 4 Divisions, namely, the Finance Division the Internal Resources Division (IRD), the Banking Division and the Economic Relations Division (ERD). Each division is headed by a Secretary to the Government.
The professional Cost and Management Accountants of Bangladesh's national body is the Institute of Cost and Management Accountants of Bangladesh (ICMAB). In order to promote and regulate the Cost and Management Accounting profession in the country, the ICMAB was established.
Institute of Business Administration (IBA), University of Dhaka with support from the Ministry of Finance, Government of Bangladesh, is offering a Post Graduate Diploma in Garment Business (PGD-GB). [7] There are three modules in the program. Each module is three (3) months long.
The Office of the Controller General of Accounts was established in 1985 through an office memo of the Finance Division under the Ministry of Finance. Before then it was known as the Office of the Accountant General which was established in 1947. [1] It monitors the collection of taxes by the National Board of Revenue.
Fiscal policy can be distinguished from monetary policy, in that fiscal policy deals with taxation and government spending and is often administered by a government department; while monetary policy deals with the money supply, interest rates and is often administered by a country's central bank. Both fiscal and monetary policies influence a ...