Objectives

The major objectives of the Institute are to:

Regulate and develop the Cost and Management Accounting (CMA) profession in Bangladesh;

Provide and confer the highest professional degree in Cost and Management Accounting;

Impart education and training to the members, corporate managers and intending students of CMA for enhancing their capability in the fields of Cost and Management Accounting;

Develop knowledge, skills and competence of the CMAs needed to support economic development of the country and, thus, to prepare capable manpower needed for various national and international development activities according to the requirements of the millennium;

Help development, adoption and implementation of International Financial Reporting Standards (IFRS) in Bangladesh;

Formulate, adopt and implement Cost Accounting and Auditing Standards (CAAS) in Bangladesh and international;

Implement statutory Cost Audit as provided in the Companies Act, 1994 ; and

Conduct research in the field of Cost and Management Accounting in order to promote and develop the profession to meet the requirement of the time.