, June 19 -- The Institute of Chartered Accountants of Bangladesh (ICAB) urged the government to keep trust in chartered accountants for statutory audits, despite the demand raised to reform the auditing institutions.

President of ICAB Maria Howlader said this in a press conference on 'Safeguarding Audit for National Interest: Local and Global Perspective' held at the CA building in Karwan Bazar on Thursday.

Beyond its regulatory functions, ICAB actively supports the government through various policy initiatives. This includes submitting budget-related proposals to the National Board of Revenue (NBR) and providing input on the formulation of rules and regulations for the Financial Reporting Council (FRC), she said.

ICAB also assists in...