Dhaka, Nov. 27 -- Speakers at an event on Thursday said many auditors often violate the rules and regulations of financial reporting and some companies prepare two financial statements with an ulterior motive.

They were speaking at an award-giving ceremony in the city.

Twenty-three listed and non-listed financial organisations received '20th ICAB National Award' for excellent performance in presenting their annual reports for the last year (2019) at the event on the day.

The Institute of Chartered Accountants of Bangladesh (ICAB) awarded them in 12 different categories including public banks, private banks, financial services, manufacturing, insurance, services sector, communication and information technology, NGOs, agriculture, public...