What is bookkeeping in Bangladesh?

Bookkeeping is the day-to-day recording of your financial transactions in ledgers. HRBD keeps your books current and turns them into financial statements.

Which accounting standards apply here?

Bangladesh follows IFRS as adopted by the ICAB (as BFRS and BAS), overseen by the Financial Reporting Council under the Financial Reporting Act 2015. HRBD prepares your accounts to these standards.

Is bookkeeping mandatory for companies?

Yes. The Companies Act 1994 requires companies to keep proper books of account and prepare financial statements. HRBD keeps them for you.

How often are my accounts updated?

Monthly. We record transactions, reconcile your bank and issue management accounts each month, with full statements at year-end for audit and tax.

Do you file VAT and income tax too?

Yes. We keep your accounts tax-ready and file your VAT (Mushak-9.1) and income tax with the NBR, so your bookkeeping and filing stay connected.

Do you use my accounting software?

Yes. We work in common accounting software and cloud tools, and can take over your existing ledgers without disruption.

Can you take over from another provider?

Yes. We review your last accounts and current ledgers, flag anything outstanding, and take over from the next period.

How is my financial data handled?

Your records are handled under written terms and used only for your accounting work, with one point of contact and documents kept ready for audit.

Accounting and Bookkeeping Services in Bangladesh

Financial Services

Accounting and Bookkeeping in Bangladesh

Bookkeeping is the day-to-day recording of a business’s financial transactions, and accounting turns those records into financial statements. HRBD keeps your books in Bangladesh, prepares your accounts under the Companies Act 1994 and the standards adopted by ICAB, reconciles your bank, and readies your figures for VAT, income tax and audit.

Books maintained
Financial statements
Audit-ready

HRBD keeps the books for businesses across Bangladesh, from daily bookkeeping and monthly reconciliation to year-end financial statements prepared under the standards adopted by ICAB. Whether you are a startup, a growing company or a foreign-owned entity, we keep your ledgers accurate, your accounts tax-ready, and your figures ready for statutory audit. Every transaction is recorded to source documents, every month is reconciled before it closes, and every set of accounts is prepared so it stands up to review by your auditor, your bank or the NBR. We also handle your VAT and income tax filing so bookkeeping and compliance stay in one place.

General ledger, cash book and journals kept currentAccounts payable and receivable tracked and agedMonthly bank and control-account reconciliationPayroll journals, deductions and provisions postedYear-end financial statements prepared for audit

Who We Help

Who Needs Bookkeeping in Bangladesh?

Every company in Bangladesh must keep proper books of account, and most growing businesses need help doing it accurately each month. HRBD keeps the books for businesses of every size and keeps them aligned with your VAT and income tax filing.

Small businesses and startups

Day-to-day bookkeeping and monthly accounts without an in-house finance team.
Growing companies

Full accounts, payroll journals and management reports as you scale.
Foreign-owned entities

Books kept to Bangladesh standards and ready for group reporting and audit.

What We Cover

What Accounting Services Does HRBD Offer?

Bookkeeping and Ledgers

We record your sales, purchases and expenses and keep your general ledger current and accurate.

Financial Statements

We prepare your income statement, balance sheet and cash flow under the standards adopted by ICAB.

Bank and Account Reconciliation

We reconcile your bank, receivables and payables so your books match reality each month.

Payroll and Tax-Ready Accounts

We keep accounts aligned with payroll and ready for VAT and income tax filing with the NBR.

Ledger maintenance

Monthly accounts

Bank reconciliation

Management reports

Accounts payable

Accounts receivable

Payroll journals

Audit support

Your Accounting Questions Answered

What is bookkeeping in Bangladesh?

Bookkeeping is the day-to-day recording of your financial transactions in ledgers. HRBD keeps your books current and turns them into financial statements.
Which accounting standards apply here?

Bangladesh follows IFRS as adopted by the ICAB (as BFRS and BAS), overseen by the Financial Reporting Council under the Financial Reporting Act 2015. HRBD prepares your accounts to these standards.
Is bookkeeping mandatory for companies?

Yes. The Companies Act 1994 requires companies to keep proper books of account and prepare financial statements. HRBD keeps them for you.
How often are my accounts updated?

Monthly. We record transactions, reconcile your bank and issue management accounts each month, with full statements at year-end for audit and tax.
Do you file VAT and income tax too?

Yes. We keep your accounts tax-ready and file your VAT (Mushak-9.1) and income tax with the NBR, so your bookkeeping and filing stay connected.
Do you use my accounting software?

Yes. We work in common accounting software and cloud tools, and can take over your existing ledgers without disruption.
Can you take over from another provider?

Yes. We review your last accounts and current ledgers, flag anything outstanding, and take over from the next period.
How is my financial data handled?

Your records are handled under written terms and used only for your accounting work, with one point of contact and documents kept ready for audit.

Choosing HRBD for accounting means one team that knows Bangladeshi financial reporting and keeps your books to the Companies Act 1994 and the standards adopted by ICAB. We record accurately, reconcile monthly, and keep your accounts ready for audit and for filing with the NBR, so you are never scrambling to explain your numbers at year-end or when a lender, investor or tax officer asks to see them on short notice.

Our Process

What Happens After You Contact HRBD?

When you contact HRBD, we review your business and current records, confirm the scope of your accounting work, and agree a start point with no obligation. From there we set up your books, keep them monthly, and prepare your year-end statements. You keep one point of contact, and your accounts stay ready for corporate tax and audit.

Setup
Monthly books
Year-end accounts

Why HRBD

Why Choose HRBD for Accounting?

Local Standards

We keep your books to the Companies Act 1994 and the standards adopted by ICAB, so your accounts hold up.

One Connected Team

Your bookkeeping, payroll and tax sit with one team, so nothing falls between separate providers.

Monthly Visibility

You get reconciled accounts and management reports every month, not a scramble at year-end.

Audit and Tax Ready

Your books are kept ready for statutory audit and for VAT and income tax filing with the NBR.

What Do Our Accounting Services Cover?

HRBD covers the full accounting cycle for businesses in Bangladesh, from daily bookkeeping to year-end financial statements prepared under the standards adopted by ICAB. The tables below show what our accounting service covers and the framework it is kept to.

What our accounting service covers
Service area	What it covers
Bookkeeping	Daily recording of sales, purchases and expenses in your ledgers
Financial statements	Income statement, balance sheet and cash flow
Reconciliation	Bank, accounts receivable and accounts payable
Payroll accounting	Salary journals, deductions and provisions
Tax-ready accounts	Figures prepared for VAT and income tax filing

Standards and authority
Requirement	Framework
Bookkeeping and audit duty	Companies Act 1994
Reporting standards	IFRS as adopted by ICAB (BFRS / BAS)
Oversight	Financial Reporting Council (Act of 2015)
Tax filing	National Board of Revenue (NBR)

Bookkeeping and audit duty: Companies Act 1994. Reporting standards: IFRS as adopted in Bangladesh by ICAB, overseen by the Financial Reporting Council (Financial Reporting Act 2015).

How Does Our Bookkeeping Process Work?

Working with HRBD on your accounting follows a clear monthly cycle from first setup to a set of audit-ready statements. Each step is handled by our team, and you keep one point of contact throughout the process below.

Set up your books. We review your business, chart of accounts and existing records.
Record your transactions. We enter sales, purchases and expenses into your ledgers.
Reconcile every month. We reconcile your bank, receivables and payables each month.
Report your accounts. We issue management accounts and, at year-end, full financial statements.
Ready for tax and audit. We prepare your figures for VAT, income tax and statutory audit.

Reviewed by Romana Akhter Shila, Head of Payroll & HR Compliance, HRBD.