Bangladesh, Sept. 26 -- Speakers in a virtual meeting on Saturday underscored compliance with accounting standards and fair and transparent financial reporting in the context of increasing digitalization.

They opined this in the webinar on "Financial Reporting Act-2015: its implications on the business houses" organized by Dhaka Chamber of Commerce & Industry (DCCI).

They also said good financial reporting will help attract FDI and create business confidence.

As the chief guest in the programme, Mohammad Muslim Chowdhury, Comptroller and Auditor General of Bangladesh said Financial Reporting Act (FRA) covers the compulsion of public interest entity besides financial courses.

"We need more accounting professionals in the country. FRC n...