The Financial Reporting Council Bangladesh (Bengali: ফইনান্সিয়াল রিপোর্টিং কাউন্সিল) is a Bangladesh government regulatory agency responsible for regulating financial reporting, auditing and audit firms.
[1][2][3] The Financial Reporting Council Bangladesh was established on 19 April 2016 as per Financial Reporting Act, 2015 as an independent regulatory agency.
The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh Chambers of Commerce & Industries, professional accountants association and academia.
[4][5] It was created through the passage of Financial Reporting Act 2015 in the parliament of Bangladesh.
[6] In 2020 it signed agreements with International Valuation Standards Council, International Federation of Accountants, and IFRS Foundation.