Introduction

The Department of Accounting and Information Systems in the University of Dhaka is a center of excellence for accounting, auditing and taxation education in Bangladesh. Its graduates are prominent in corporate businesses and the accounting profession of this country. This department is endowed with a pool of world class faculties bearing PhDs and/or professional degrees. It is also deeply integrated with government institutions, professional organizations and corporate businesses. As internationalizing of higher education has accelerated in recent times, the Department of Accounting & Information Systems has concluded many academic exchanges and research collaborations with foreign universities, particularly in the United States and Japan. It intends to contribute to the deepening integration at home and abroad and address a widening skill-gap in the Bangladesh job market by devising new programs. Policy makers and industry leaders have observed that thousands of highly skilled foreigners are now employed in Bangladesh corporate businesses, delivering them accounting, auditing and other managerial functions. Over time, the outbound remittance of their earnings has kept soaring into billions of U.S. dollars. This emerging pattern is threatening traditional job security of local executives and hundreds of thousands of new entrants. Our Master of Accountancy in Taxation is a graduate degree program for addressing this widening skill gap in the country.

Target Group

If you are, or plan to be, a taxation specialist in the public or private sector, a manager with a tax agency, an international taxation advisor, a financial planner, or a finance director, the Master of Accountancy in Taxation is the degree program of your choice. Given that Bangladesh’s development is private-sector led, corporate businesses account for an increasing share of employments, as an accountant with sound technical knowledge and practical training in taxation, you will occupy a central role in corporate management. If you are a practicing chartered accountant (CA) or a cost and management accountant (CMA), you will find this program highly relevant for your continuing professional development.

The National Board of Revenue (NBR) is at the heart of government finance. A low tax-GDP ratio of 12% itself is indicative of the dearth of proper human capital in tax administration. NBR officials will thus find our program invaluable for revenue administration. Tax lawyers too require training in the accounting and legal aspects of taxation. It is undeniable that the lack of human capital in taxation is impeding both the NBR and tax payers in complying with tax codes. The public accounts and audit departments of the government is another area of concern. The office of the Comptroller and Auditor General has long insisted on such a graduate program for the University of Dhaka. The ‘Master of Accountancy in Taxation’ program will thus be a supply side response to this widening gap.

Collaborations at Home & Abroad

The Department of Accounting and Information Systems has arranged a number of academic and research exchanges with foreign universities for internationalizing its degree programs. The Master of Accountancy in Taxation Program is also planned to be a collaborative program with similar programs of foreign counterpart universities. A motivation is to facilitate credit transfer to partnering universities. The deepening linkage between the Department and professional organizations at home and abroad is one key organization capital. We are committed to further broadening this capital. We are now negotiating a number of MOUs or agreements with professional organizations so that our graduates secure a faster route to become members of those professional bodies. They include the Institute of Chartered Accountants of Bangladesh (ICAB), Chartered Institute of Management Accountants (CIMA), the Institute of Cost and Management Accountants (ICMAB), Bangladesh Bar Council, and Association of Income Tax Practitioners. It is noteworthy that our Department has long partnered with chamber bodies notably including the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI), and Dhaka Chamber of Commerce and Industries (DCCI).