Iftekhar Hossain

Iftekhar Hossain, FCA
i.hossain@acnabin-bd.com
Mr. Iftekhar Hossain is a Fellow Member of The Institute of Chartered Accountants of Bangladesh and completed his Bachelor of Commerce (1973) from Dhaka University. Mr. Hossain has been working as an independent auditor and public accountant for more than thirty years in leading accounting firms in Bangladesh and thus has wide experience of the private sector accounting and audit in Bangladesh. He has extensively worked for the World Bank and other donors in preparing Bangladesh country paperson various financial/ economic issues. In addition to working with international consultants in Bangladesh, he has worked abroad in China, Afghanistan, Nepal, Bhutan, Malaysia, Ethiopia and Uganda. He took part in several workshops/training programs i.e. Andersen Business Audit Immersion in Dubai, Andersen Audit and Business Advisory Training in Netherlands, Womens World Banking talent pool training in New York etc. He imparted training in Afghanistan (MISFA), Addis Ababa conducted by the Association of Ethiopian MFI’s (AEMFI, Ethiopia), in Uganda arranged by The Institute of Certified Public Accountants of Uganda (CGAP, Washington DC), in Cashpor, Malaysia for Grameen Bank replicators. Designed the MIS for the Qinghai (China) Microcredit Project funded by AusAID (Sagric/FDC, Australia) and worked as the financial analyst with a CGAP staff member to appraise the financial and operational performance of Nirdhan, Nepal (World Bank CGAP). As a Partner in one of the top accounting firms in Bangladesh for twenty five years gained wide and varied experience in planning, conducting and supervising statutory and non-statutory audits in a large number of manufacturing and trading organizations and financial institutions including listed companies, NGOs, MNCs, commercial banks and other specialized financial institutions in Bangladesh i.e. Bangladesh Power De velopment Board, Bangladesh T&T Board, Titas Gas Transmission and Distribution Co. Ltd, Dhaka Water and Sewerage Authority, Janata Bank, Agrani Bank, Arab Bangladesh Bank, Prime Bank, Al Baraka Bank, Bangladesh Krishi Bank, BRAC, Shakti Foundation, Damien Foundation, PKSF, RDRS, ASA, Pathfinder International etc. As part of management consultancy services conducted strategic review of BRAC’s business development strategy, and its links with its NGO activities and donor finance; and approaches and systems adopted by BRAC in assessing investment and opportunity costs collaboratively with Shorebank Advisory Services, USA, prepared a country paper on the Bangladesh microfinance sector, prepared the Bangladesh country paper for the “Competition and Efficiency in Micro Finance Project” of CGAP, worked as the Bangladeshi counterpart for the evaluation of the Norwegian Investment Fund for Developing Countries (NORFUND) conducted in Bangladesh, Nicaragua and Mozambique on behalf of NORAD (FAFO & NCG, Norway), reexamined the status of British Council in Bangladesh to bring the status up to date to comply with local law and to account for its expanded base of services (British Council, Dhaka. As a financial consultant he analyzed and evaluated the financial viability of nine lending institutions, reviewed Grameen Bank’s long term financial projection model, conducted many final reviews & mid-term reviews being part of the review mission, assessed and provided input for improvement of project concept papers, conducted financial analysis and financial management review. He has significant experience of Accountingand information system designing