DHAKA, May 20, 2026 (BSS) - Speakers at the Financial Accounting and Reporting (FAR) Summit 2026 today stressed the urgent need for trustworthy financial reporting, enhanced accountability and stronger corporate governance to support Bangladesh's sustainable economic growth and restore confidence in financial institutions.

The summit, organized by the Financial Reporting Council (FRC) Bangladesh in collaboration with the Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Cost and Management Accountants of Bangladesh (ICMAB), was held at the Grand Ballroom of Pan Pacific Sonargaon in the capital.

The theme of the summit was "Trustworthy Financial Reporting: What Really Matters."

Finance Minister Amir Khosru Mahmud Chowdhury attended the event as the chief guest, while Prime Minister's Finance Adviser Rashed Al Mahmud Titumir joined as the special guest.

Finance Division Secretary Dr Md Khairuzzaman Mozumder chaired the programme.

FRC Chairman Dr Md Sajjad Hossain Bhuiyan delivered the keynote presentation, highlighting the importance of transparency, compliance and quality financial statements in ensuring investor confidence and institutional stability.

The summit brought together policymakers, regulators, business leaders, accountants, auditors and corporate executives to discuss the future of financial reporting standards and oversight mechanisms in Bangladesh.

In his remarks, Amir Khosru Mahmud Chowdhury underscored the need for rebuilding trust in financial systems through stronger governance, professional integrity and effective regulatory enforcement.

Rashed Al Mahmud Titumir emphasized the importance of institutional reforms and responsible financial management to ensure long-term economic resilience.

The event also featured special remarks from Bangladesh Textile Mills Association (BTMA) President (Acting) Md. Abul Kalam, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Mahmud Hasan Khan (Babu), ICAB President NKA Mobin FCA and ICMAB President Md. Kausar Alam FCMA.

Two technical business sessions were held during the summit.

The first session, titled "Improving Financial Statements Quality: Role of CFOs, Accountants, Managements and Oversight Bodies," focused on strengthening financial discipline and enhancing reporting standards through coordinated institutional efforts.

The second session, "External Audit and Assurance: International Practice and Compliance," discussed global best practices in auditing, regulatory compliance and assurance frameworks.

Senior professionals from regulatory bodies, multinational companies, accounting firms and business organizations participated as session chairs and panelists.