MOHAMMAD ANWARUL KARIM
Certified Public Accountant (CPA)
Dhaka,18
Summary
Accomplished Executive Director recognized for leveraging strong team leadership and development to drive forward progress. Highly organized, detail-oriented leader skilled in directing high-performing teams to develop solutions and solve operational and technical problems. Success implementing systems across multiple operations with superior organizational and communication skills.
Overview
38
38
years of professional experience
2
2
Certificates
Work History
Executive Director- Standard Setting
Financial Reporting Council (FRC), Bangladesh, Finance Division, Ministry of Finance
07.2018 - 12.2024
- Communicating and maintaining liaisons with International Standards developers (IFRSF, IFAC, IVSC)
- Signing agreements to adopt standards
- Adopting standards for local jurisdiction, analyzing and interpreting them in light of local law implications, and promulgating, publishing, and distributing them for local users
- Conducting workshops on standards implementation
- Providing interpretations on standards
- The Council of FRC, Bangladesh, compiled and promulgated five-level financial reporting standards for some 300 Public Sector Entities in Bangladesh and formed several working groups with professional accountants in the local jurisdiction to adopt, interpret, and implement IFRS, ISAs, IPSAS, and IFAC Code of Ethics for the jurisdiction
- Performed deviation analysis of local laws compared to IFRS and communicated with other regulators to ensure full implementation of IFRS, ISAs, and IFAC Code of Ethics
Partner
ARTISAN, Chartered Accountants
08.2012 - 06.2018
- Performed consultancies on financial management system design and development as well as internal audit, value for money (VfM) audit on the operational efficiency, effectiveness, and economy of managing programs, projects of NGOs, development partners, and donors
- Performed analysis, review, and audit of different NGOs, projects
- As a founder partner of ARTISAN (10 partners’ largest CA firm in Bangladesh), I introduced and implemented new strategies
- Achieved the highest possible results in the shortest time with hundreds of significant findings, misuse, and mismanagement of donor funds in development project audits
- Rectified substantial errors and omissions in accounts, financial reporting, and internal control
- We conducted a value-for-money (VfM) audit on the operational efficiency, effectiveness, and economy of program activities for a DANIDA-funded government project with significant findings
Consultant /Chief Instructor (part-time/full-time)
IFRS Institute, Accounting & Auditing Consultants, Trainers
06.2006 - 07.2012
- Expert-level IFRS, ISA, and Code of Ethics training, teaching, interpretation, and implementation for major corporations
- Conducted training for accountants working in industries, public practice, and education and for accountants working with donor agencies, development projects, and NGOs
- Performed IFRS consultancies for Summit Power Ltd., Transparency International Bangladesh, Essential Drugs Co
- Ltd., Institute of Chartered Accountants of Bangladesh, Manosher Janno Foundation, and Bangladesh Bank
- Dhaka Stock Exchange, Chittagong Stock Exchange
- More than 100 accountants got certified as Chartered Accountants with training taught by the IFRS Institute
- NGOs, development partners, and donor agencies received the most appropriate, practicable, and simple solutions for applying International Accounting Standards and International Standards on Auditing
Professional Standards Consultant
Institute of Chartered Accountants in England and Wales (ICAEW)
02.2008 - 12.2009
- I worked on this World Bank-financed project for Capacity Development of the Institute of Chartered Accountants of Bangladesh (ICAB)
- I prepared a 15-year strategic plan for institutional reform, an Audit Practice Manual (APM), and training of accountants working in public practice
- I also worked on CA curriculum reform and prepared a new syllabus, 14 study manuals, and 10 question banks for CA studies in Bangladesh
- Working full-time with the ICAEW Dhaka project office and liaising with the UK office in London for two years on the reform and development of ICAB (181 CA firms) has contributed to significant improvements in the quality of accounting and auditing in Bangladesh
- Study manuals are now world-class
- CA students in Bangladesh are passing in more substantial numbers
- Brighter students are attracted to the CA profession
- CAs from Bangladesh can qualify for ICAEW and become members of ICAEW, UK
Partner
ACNABIN, Chartered Accountants
03.2003 - 05.2006
- Company Overview: ex-representative of Arthur Andersen Worldwide SC
- Audited, monitored, supervised, and analyzed several development projects' accounts and financial reports
- Designed and developed several financial management systems and internal audit manuals for significant corporations, development projects, and NGOs
- Worked as audit team leader to audit consulting payments made to ATOS KPMG, UK, for the FMRP project financed by DFID
- Ex-representative of Arthur Andersen Worldwide SC
- Working three years with ACNABIN, ex-representative of Arthur Andersen worldwide, SC, reformed the firm, got foreign affiliation, obtained new clients, projects, such as three audits from CARE Bangladesh, five audits from DANIDA, one largest DFID project, three consultancies from CIDA
- Conducted all these audits/ consultancy with the highest quality and best results regarding findings and recommendations
Senior Accountant
Oceanhill-Brownsville Tenants Associations, Inc.
01.2001 - 10.2002
- Responsible for the fiscal operations of over 35 entities
- The employer was delighted
Senior Auditor
Alleyne & Company, CPA, PC
06.1998 - 11.2000
- In charge of a large NYC HRA-funded NGO accounting department
- All parties, including NYC Human Resource Administration officials, external auditors from Grant Thornton, LLP, and employer Alleyne & Co., appreciated error-free, timely reporting and quality output
Senior Auditor
Abdur Rahim Abdullah & Co., CPA
04.1997 - 05.1998
- Audit in charge of two financial institutions and several not-for-profit entities throughout the greater New York State
- Best-organized, analytical, and fast performing
Senior Accountant
Bedford Stuyvesant Restoration Corporation
NY, NY
08.1995 - 12.1996
- Responsible for fiscal operations, financial reporting, consolidation, and reconciliation of 10 entities
- Worked as a good team player for best co-ordination and co-operation with other departments
Manager- Tax and Accounting
Computax Services, Inc.
02.1994 - 08.1995
- Compilation, Review, and Tax return preparation for individuals and corporations
- Effective marketing brought several new clients
Senior Auditor
Thompson & Company, CPA
01.1990 - 01.1994
- Three and half years of extensive work experience on A to Z external audits, corporation & individual tax filing, compilation, and review assignments in a rigorously quality-checked, fast, and dynamic US professional service environment
- Known as a quick learner and quick doer
Deputy Chief Accountant
Chittagong Urea Fertilizer Ltd.
01.1987 - 03.1989
- Company Overview: Bangladesh Chemical Industries Corporation
- Audited contractors' progress billings during the two-year erection period of Chittagong Urea Fertilizer Factory, Ltd
- Examined invoices submitted by the general contractor Toyo Engineering Corporation of Japan, and subcontractors Daewoo of Korea, Walter Wrights of USA, Nippon of Japan and six other international construction contractors
- Bangladesh Chemical Industries Corporation
- Performed the audit work with utmost sincerity, honesty, and effective recommendations
Education
Accounting And Finance
04.2001 - 03.1983
Certified Public Accountant (CPA) - Accounting And Auditing
04.2001 -
Associate Chartered Accountants (ACA) - Accounting And Auditing
04.2001 -
Certified Fraud Examiner (CFE) - Criminology, Financial Fraud
04.2001 -
Skills
Researching- Financial Reporting
Unaccountedtime
- 04/1989 to 01/1990, Moved to USA/ career break.
- 01/1997 to 04/1997, Attended review course, prepared and passed CPA exams in the USA.
- 10/2002 to 03/2003, Moved back to Bangladesh/ career break.
Certification
CPA
Accomplishments
Performed the adoption, promulgation, and implementation activities of IFRS, IPSAS, ISAs, International Valuation Standards and the Code of Ethics of Bangladesh jurisdiction.
Designed and developed five (5) tiers of financial reporting standards for public sector entities in Bangladesh.
As a Board Member (four years) of the oversight body to set standards, review, monitor the financial reporting and auditing professional activities of Bangladesh took the Financial Reporting Council (FRC) to a new height.
Analysis, interpretation, and expression of opinion to mitigate the differences in local law requirements vs. the requirements of the international standards relating to accounting, financial reporting, and auditing.
Worked for two years with ICAEW as a Professional Standards Consultant on the reform and development of the Institute of Chartered Accountants of Bangladesh (along with 181 CA firms). The quality of audits of all 181 CA firms has been significantly improved. Study manuals are now at ICAEW standard. An increased number of CA students in Bangladesh are passing CA exams. Brighter students are attracted to the CA profession.
Worked three years with ACNABIN, an ex-representative of Arthur Andersen Worldwide SC; I reformed the firm, obtained foreign affiliation, and obtained new clients and projects, such as three audits from CARE Bangladesh, five audits from DANIDA, one of the most significant DFID projects, and three consultancy projects from CIDA. I conducted all these audits/ consultancy with the highest quality and best results regarding findings and recommendations.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Executive Director- Standard Setting - Financial Reporting Council (FRC), Bangladesh, Finance Division, Ministry of Finance
07.2018 - 12.2024
Partner - ARTISAN, Chartered Accountants
08.2012 - 06.2018
Professional Standards Consultant - Institute of Chartered Accountants in England and Wales (ICAEW)
02.2008 - 12.2009
Consultant /Chief Instructor (part-time/full-time) - IFRS Institute, Accounting & Auditing Consultants, Trainers
06.2006 - 07.2012
Partner - ACNABIN, Chartered Accountants
03.2003 - 05.2006
University of Dhaka - , Accounting And Finance
04.2001 - 03.1983
Washington State Board of Accountancy - Certified Public Accountant (CPA), Accounting And Auditing
04.2001 -
Institute of Chartered Accountants of Bangladesh - Associate Chartered Accountants (ACA), Accounting And Auditing
04.2001 -
Association of CFE - Certified Fraud Examiner (CFE), Criminology, Financial Fraud
04.2001 -
Senior Accountant - Oceanhill-Brownsville Tenants Associations, Inc.
01.2001 - 10.2002
Senior Auditor - Alleyne & Company, CPA, PC
06.1998 - 11.2000
CPA
10-1997
Senior Auditor - Abdur Rahim Abdullah & Co., CPA
04.1997 - 05.1998
Senior Accountant - Bedford Stuyvesant Restoration Corporation
08.1995 - 12.1996
Manager- Tax and Accounting - Computax Services, Inc.
02.1994 - 08.1995
Senior Auditor - Thompson & Company, CPA
01.1990 - 01.1994
Deputy Chief Accountant - Chittagong Urea Fertilizer Ltd.
01.1987 - 03.1989
ACA
08-1986
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