World Prize for Sri Lankan student at CIMA

CIMA (The Chartered Institute of Management Accountants) the world's leading and largest professional body of Management Accountants announced that Sri Lanka was only one of two countries worldwide to secure a World Prize winner at the November 2008 examinations.

Dilshani Gunawardena won the CIMA world prize for P7 Financial Accounting and Tax Principles at the Managerial level by obtaining 96 marks proving that dedication and study can produce exemplary results. This is the second Sri Lankan to win a world prize in 2008, the first being Nilusha Fonseka for P2 Management Accounting Decision Management.

The November 2008 exam results which marks the eighth diet of exams for CIMA's current syllabus has brought some welcome increases in pass rates, at both the Strategic level and TOPCIMA (Test of Professional Competence in Management Accounting). It also saw the emergence of 258 Passed Finalists making 2008 a very successful year for CIMA with the passing out of 550 graduates.

Overall, the global and the Sri Lankan pass rates have improved particularly for two of the three Strategic level papers and TOPCIMA has improved when compared with May 2008. There were some good performances at Managerial level, with global pass rates for Paper P4, Organisational Management and Information Systems and P8, Financial Analysis their highest ever. The significant improvements in the pass rates are a testimony for the dedication and the competence of the CIMA tutors in Sri Lanka.