Background of the firm:
K M Alam & Co. (KMACO) was founded in 1967 by the late Kazi Mesbah Ul Alam, FCA – one of Bangladesh’s most esteemed and senior chartered accountants. With over five decades of professional excellence in accounting, audit, and assurance services, KMACO continues to be a trusted institution where legacy meets quality. Today, KMACO is led by a team of five partners, ensuring strong leadership and continued growth.
KMACO is steered by a team of highly experienced professionals, each bringing decades of expertise in accounting, auditing, and advisory services:
- Kazi Ahmmed Monowar, FCA – over 25 years of experience
- Md. Belayet Hossain, FCA – over 25 years of experience
- Md. Masudur Rahman, FCA, CS – over 25 years of experience
- Ahsan Habib Chowdhury, FCA – over 25 years of experience
- Kazi Atikuzzaman, FCMA, FCA – over 20 years of experience
KMACO delivers comprehensive consulting and auditing solutions, including:
KMACO specializes in consulting services, including impact assessments, external, midterm, and performance evaluations, audits of financial operations, fiduciary reviews, and financial analysis.
We provide specialized national and international auditing, consulting, research, and management audit services, including performance reviews and bookkeeping assessments.
Our firm analyzes a wide range of financial and non-financial information to form well-founded professional opinions for our clients.
We are supported by a strong pool of skilled consultants who assist in taxation, asset valuation, account audits, management advisory, internal control implementation, technical evaluations, surveys, investigations, data administration, and related analysis.
KMACO has successfully completed audits for more than 12,000 banks, financial institutions, donor-funded projects, autonomous bodies, private and public limited companies, and NGOs.
Our experienced professionals and advanced technical systems enable us to handle audits of organizations of any size or complexity.
KMACO is duly enlisted with the Financial Reporting Council (FRC), Bangladesh Bank (BB), and the Bangladesh Securities and Exchange Commission (BSEC) to audit publicly traded companies.
We affirm that KMACO has never been blacklisted by any autonomous body, government, semi-government, private or public limited company, or NGO for any legal default.
The firm maintains a strong financial position and is fully capable of financing, implementing, and executing projects under any circumstances.
Vision 2027: Our 60-Year Commitment to Excellence
As we approach our 60th anniversary, K M Alam & Co. (KMACO) looks toward an ambitious future. Building on our legacy as one of Bangladesh’s most trusted accounting firms, we are determined to elevate our position as the premier Chartered Accountancy firm in the country while gaining recognition among South Asia’s top professional services providers.
This vision reflects our commitment to excellence, growth, and enduring client trust – principles that have guided us for nearly six decades and will continue to drive our success in the years ahead.
C. KMACO Values
At KMACO, our values define who we are and guide everything we do. They are the foundation of our reputation and the key to building lasting relationships with our clients and stakeholders.
1. Integrity
2. Business Partnership
3. Accountability
4. Respect
Integrity:
We uphold the highest ethical and professional standards in all our work. Independence, objectivity, and unwavering commitment to quality are non-negotiable principles that ensure our clients receive accurate, reliable, and unbiased services.
Business Partnership:
We go beyond traditional auditing—we act as trusted advisors to our clients. By deeply understanding their business, industry dynamics, and the global economic landscape, we provide strategic insights that drive growth, efficiency, and long-term success.
Accountability:
We take full responsibility for our work and its outcomes. Whether to clients, regulators, or the public, we stand by our deliverables with transparency and professionalism, ensuring trust at every step.
Respect:
We value the knowledge, skills, and expectations of all our stakeholders. Through collaboration, active listening, and mutual understanding, we foster relationships built on dignity, professionalism, and shared success.
International Affiliation
Through this strategic partnership, we:
Access cutting-edge international standards and best practices in audit and advisory services
Collaborate with global industry leaders to deliver seamless cross-border solutions
Maintain rigorous quality control through the Alliance’s robust monitoring frameworks
Offer clients internationally benchmarked services while retaining local expertise
This affiliation ensures our clients benefit from globally consistent quality combined with in-depth knowledge of Bangladesh’s business landscape
Firm Capacity & Organizational Strength
KMACO has the necessary capacity and organizational setup to handle large and complex assignments across Bangladesh. The firm has a total of 104 professionals, including expert consultants specializing in procurement, internal control, impact evaluation, financial management, and more.
5 Partners (FCA) — Our partners lead from the front on every assignment, ensuring the highest quality standards and client satisfaction. They are dedicated to achieving global standards in auditing and accounting through professional affiliations with international leaders in the field. They continually seek excellence by developing new service areas and fostering a positive work environment for all staff.
18 Functional Area-Based Consultants — Our consultants provide specialized expertise in technical reviews, financial management reviews, performance evaluations of donor-funded projects, NGOs, and private and public companies.
1 Certified Tax Lawyer — Our tax expert has over 10 years of experience handling company tax matters, including tax planning, return preparation, assessment hearings, and advising on tax holidays and other incentives.
1 Company Law Specialist — A professional advocate with more than 30 years of experience in company formation, annual returns, and share transfers.
56 Auditors & Accountants — This team includes CA course-completed staff (senior auditors) and articled students who conduct field audits and assurance work. The financial operations of KMACO are also supported by this group, along with CA trainees from diverse backgrounds.
16 Managers & Assistant Managers — Eight Managers and eight Assistant Managers oversee audit assignments and provide supervision to field teams.
Other Office Staff of 7 Members — Including office assistants, computer operators, and support staff (MLSS).
Why K M Alam & Co.
Why choose us for integrated fiduciary review services:
- We deliver partner-led services focused on quality and client satisfaction.
- We have the right team in place, including procurement specialists, internal control and process experts, and experienced financial management professionals.
- Our partners have extensive experience working with major donors such as the World Bank, Asian Development Bank, and the European Union.
- We bring over 50 years of experience in the auditing profession.
- We have proven capacity and logistical reach to serve clients across the entire country.
Our Commitments
We are fully committed to our clients and our foremost responsibility is to deliver high-quality, efficient services.
We ensure and offer:
- High-quality, reliable services tailored to each client’s needs.
- A partner-led team approach, with delivery by trained and experienced chartered accountants.
- Strict adherence to client deadlines, with timely submission of all reports.
- Independence and integrity, always respecting our clients’ values and practices.
- Up-front planning led by senior partners, ensuring a deep understanding of each client’s business through meetings with key officers before the engagement begins.
- Close collaboration with executive and operational management to identify critical areas, helping to reduce errors in periodic statements.
- Clear, consistent communication with top management to identify key audit risks and management concerns to be addressed in the audit plan.
Legal Constitution and Regulatory Enlistments
K M Alam & Co. (KMACO) is certified by the Institute of Chartered Accountants of Bangladesh (ICAB) to provide independent audit and assurance services. In addition, the firm holds a valid trade license and is registered for income tax and VAT with the National Board of Revenue (NBR). The firm is also enlisted with all relevant regulatory authorities in Bangladesh, as detailed below:
- Enlisted with the Financial Reporting Council (FRC)
- Enlisted with Bangladesh Bank
- Enlisted with Bangladesh Securities and Exchange Commission (BSEC)
- Enlisted with Insurance Development and Regulatory Authority (IDRA)
- Enlisted with the NGO Affairs Bureau (NGOAB)
- Trade License No.: TRAD/DSCC/281211/2019
- Tax Identification Number (TIN): 190290663337
- VAT Registration Number (BIN): 002023426-0202