Recent News
Notice: The discussion topics for the Next Session (Friday, September 18, 2015).1. Financial Statement Analysis and Prediction of Future Returns 2. Cash Accounting versus Accrual Accounting: Reconciling Earnings, Dividends and Free Cash Flows Resource Person: Dr. Mizanur Rahman



August 26, 2015
International Symposium on Accounting, Auditing and Governance in Asia.

August 12, 2015
Seminar on Non-Fundamentals and Stock Market: New Evidence

August 9, 2015
Please note that next Saturday, August 15, 2015, is a public holiday and we will hold no training session on the date. Section-B participants are therefore requested to join Section-A and attend our Friday Session on August 14, 2015. Venue would be the Faculty Meeting Room.

August 8, 2015
Section-B List of Participants
in the Training Program on Capital Market Research (Saturday, 09:00-12:00);
Venue: Faculty Meeting Room (in front of Dean Office, FBS).
August 8, 2015
Section-A List of Participants
in the Training Program on Capital Market Research (Friday, 09:00-12:00);
Venue: Computer Lab (Room#7004, Level 6); MBA Building, FBS.
July 9, 2015

List of Selected Candidates for the Training Program on Capital Market Research

Each candidate shall receive an email from the program director with further instructions.

About ACMD

Accounting for Capital Market Development (ACMD) is an initiative for pursuing capital market research and training for graduate students, corporate executives, financial journalists, and researchers in capital market studies in Bangladesh. The project is currently based in the Department of Accounting and Information Systems (AIS) of the University of Dhaka. The project is funded by the Academic Innovation Fund (AIF) of the World Bank. Its implementation is governed by the Higher Education Quality Enhancement Project (HEQEP) of the University Grants Commission (UGC) of Bangladesh.

Mission: Our mission is to evolve as a center of excellence for capital market research and to organize dialogues and research communications to influence public policy for capital market development in Bangladesh.

Our Activities: We are pursuing the following major activities:

  1. To measure both the extent of compliance with disclosure regulations and the quality of disclosure in the corporate annual reports in Bangladesh and to identify factors/attributes that affect both disclosure levels and quality in the corporate annual reports (the research will influence public policies for enhancing accountability and good governance in corporate businesses);
  2. to inform stakeholders of capital market relevance of accounting information in Bangladesh (in doing so, we conduct fundamental valuation of equities listed in the stock exchanges and estimate effects of accounting fundamentals and macroeconomic variables on observed share price movements (and stock returns) of equities listed in the stock exchange);
  3. To make research communications and organize policy dialogues involving a wide array of stakeholders including corporate executives, graduate students, financial journalists, academics and researchers; and
  4. To provide research training and other professional education to the stakeholders.