• Register
Return to: Home > announcements > HLB International appoints a new member in Bangladesh

HLB International appoints a new member in Bangladesh

Press release by HLB
Press release by HLB International - HLB International, one of the leading global accountancy networks with presence in 130 countries, continues its growth with the recent signing of a new member firm in Bangladesh – S F Ahmed & Co.

S. F. Ahmed & Co. (SFACO), established in 1958, started providing professional services to local and multinational clients engaged in trade and commerce including international donor agencies. SFACO is, currently, one of the leading firms of Chartered Accountants in Bangladesh.

The experience of SFACO covers rendering the entire range of services from the incorporation of a company up to its liquidation including its regular compliances, management consultancy, auditing, accounting, corporate and individuals’ taxation, VAT compliance and advisory. The firm also has expertise of company secretarial services, due diligence services, valuation of companies including their lands and buildings, obtaining various licenses from relevant authorities, registration with Bangladesh Investment Development Authority and immigration advisory services (global mobility). 

In addition, the firm has specialisation in the banking sector and was involved in the Financial Sector Reform Programme funded by the United States Agency for International Development (USAID). SFACO was also involved in the restructuring of the country’s largest state-owned commercial bank, Sonali Bank, funded by the World Bank, and Investment Corporation of Bangladesh, and it designed Financial Systems Manual and Risk-based Internal Audit Manual for Bangladesh Bank (Central Bank of Bangladesh). 

Mainuddin Ahmed, Senior Partner of SFACO commented “Our admission as a member came at a moment when the challenge of meeting stringent requirements of our profession, prescribed by regulatory bodies, is daunting. Together, we would confront this challenge by drawing resources from the huge knowledge-tank built by HLB International.”

With referrals to members in Pakistan, Sri Lanka and the Far East, SFACO will be a great addition to the network.

Top Content

    South Africa: sensing new opportunities

    It has been an interesting couple of years for the profession in South Africa. A number of high-profile scandals have brought the profession and the role of auditors into sharp public focus, brewing a distrust towards accountants and a large expectations gap. Joe Pickard reports.

    read more

    Ghana: a quest for consistency

    Ghana’s current economic profile would suggest a fertile landscape for purveyors of accounting services. But inconsistent approaches to compliance and application of standards – coupled with problems in the banking sector and consequent liquidity constraints – have created a challenging environment. Paul Golden writes.

    read more

    Drone technology: audit takes to the skies

    The movement towards a digitised era has already impacted the auditing profession in a number of ways, from blockchain to artificial intelligence. Now firms are taking to sky and using drone technology in their audits. Mishelle Thurai speaks to Big Four firms to find out more.

    read more

    SBC: a new alliance joins the market

    Jonathan Minter speaks to Paul Tutin, chair of founding firm Streets Chartered Accountants, about why the business and its European partners took the decision to launch their own association.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.