Accounting BPO: Global Market prospects – Challenges & Opportunities for Bangladesh
Date: 23 July, 2023 | Venue: Crystal Ballroom | Time: 02:30 PM – 04:00 PM
Mode of Session: Seminar

No. of Speakers: 08
 

Introduction:

The seminar titled “Accounting and Finance Outsourcing: Challenges & Opportunities for Bangladesh & Keyway Forward” aims to explore the growing trend of outsourcing accounting and finance functions and its impact on the economy of Bangladesh. The seminar will provide an in-depth analysis of the challenges faced by the country and the potential opportunities that arise from embracing outsourcing in the accounting and finance sector. Additionally, it will outline a strategic roadmap for the way forward to maximize the benefits of outsourcing for Bangladesh.

Background:

Accounting and finance outsourcing has emerged as a global trend due to its potential to reduce costs, improve efficiency, and access specialized expertise. Countries like India, Philippines, and Vietnam have successfully capitalized on this trend, leading to significant economic growth and employment opportunities. In the context of Bangladesh, outsourcing in the accounting and finance sector remains relatively untapped, presenting both challenges and opportunities.

Seminar Objectives:

a. To assess the current status of accounting and finance outsourcing in Bangladesh.

b. To identify the challenges and barriers hindering the growth of outsourcing in the country.

c. To explore the potential opportunities and benefits of accounting and finance outsourcing for Bangladesh.

d. To discuss strategies and keyway forward to harness the benefits of outsourcing and overcome challenges.

 Key Discussion Points:

a. The current landscape of accounting and finance outsourcing in Bangladesh: An overview of the existing outsourcing scenario, including the types of services outsourced and the key players involved.

b. Challenges faced by Bangladesh in embracing outsourcing: Identifying the barriers such as infrastructure limitations, talent gaps, regulatory complexities, and cultural factors that hinder the growth of outsourcing in the accounting and finance sector.

c. Opportunities and benefits of accounting and finance outsourcing: Discussing the potential economic benefits, job creation, knowledge transfer, and capacity building that can be derived from effectively embracing outsourcing.

d. Developing a strategic roadmap for outsourcing in Bangladesh: Presenting actionable recommendations to address the challenges and foster an enabling environment for accounting and finance outsourcing. This includes investments in infrastructure, enhancing skill development programs, streamlining regulatory frameworks, and promoting collaboration between industry stakeholders.

 Target Audience:

The seminar is designed for professionals and stakeholders from the accounting and finance industry, including executives from outsourcing companies, policymakers, regulatory bodies, industry associations, academia, and students aspiring to enter the finance and accounting sector.

Expected Outcomes:

• Enhanced understanding of the challenges and opportunities associated with accounting and finance outsourcing in Bangladesh.

• Identification of strategies to overcome the challenges and foster a conducive environment for outsourcing in the country.

• Increased awareness about the potential economic benefits and job opportunities that can be generated through outsourcing.

• Facilitated dialogue and collaboration between industry stakeholders to drive the growth of accounting and finance outsourcing in Bangladesh.

 Conclusion:

The seminar on “Accounting and Finance Outsourcing: Challenges & Opportunities for Bangladesh & Keyway Forward” will serve as a platform for stakeholders to discuss, share insights, and develop a comprehensive understanding of the potential of outsourcing in the accounting and finance sector. By identifying the challenges and charting a way forward, the seminar aims to contribute to the sustainable growth of Bangladesh’s economy and position the country as a competitive outsourcing destination. 

Speaker Details:

Name Designation Ministry/Organization Role
Md. Abdur Rahman Khan FCMA President ICMAB Special Guest
Maria Howlader Managing Director HmAC BPO & IT Solutions Ltd. Moderator
Anand Subramanian Executive Vice President WNS International Key Note Speaker
Kamrul Hasan  Director- BPO Operations de tempête Limited Panelist
Mohammed Shehab
 Virtual CFO Programme Head
 Monstarlab Enterprise Solutions Limited
 Panelist
Praveen Ruberu Principal | Tax ACR & Tax POS Ernst & Young Panelist
Rezwana Afreen Khandaker CEO Taskwise (BD) Inc. Panelist
Muhammad Aminul Hoque
 Partner
 ACNABIN Chartered Accountants
 Panelist

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