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| Sunday, 25 September 2005 |
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CPD scheme a must for all CIMA members from Jan 2006 by Surekha Galagoda The Continuous Professional Development (CPD) scheme will be made mandatory for all Chartered Institute of Management Accountants (CIMA) members from January 2006. It is the process of constantly updating personal knowledge and skills to keep abreast of the global changes said CIMA President Ian Christison. He said that the CIMA syllabus too was changed in May to suit the needs of the changing scenario. "Today we want to achieve what our members want tomorrow so that every CIMA member is ahead of the rest." CIMA is the leading internationally recognised professional qualification in management accountancy, with the sole focus on business. As an organisation we are committed to constant improvement, and our reputation as a professional and regulatory body has never been stronger. We are increasingly the first choice for students and employers. At present we are advancing the brand and telling people about the brand CIMA. Our sole focus is on business. We help businesses to add value and also help in value creation. In an organisation CIMA members are involved in management in a significant way while they help define policy and mission of a company. Therefore we can say that management accountants rules the world and it is the language of business. CIMA upholds high ethical and professional standards to maintain public confidence in management accountancy. Our members and students must confirm to CIMA's ethical guidelines, bylaws and regulations. All CIMA's governance activities are overseen by the Council and its committees underpin the commitment to maintain the professional standards and competence of our members and students. "We are a members' led institute but we have to act accordingly as we have to walk the talk and most significantly we are one institute all over the world. Last year our earnings was pound sterling 40 million," he said. His visit to Sri Lanka coincided with many events of CIMA Sri Lanka division calendar. Among them were the convocation, members assessment sessions, visiting Corporates, Securities and Exchange commission and the Colombo Stock Exchange, CIMA tuition providers and schools Trinity and Hillwood Colleges in Kandy. He is the first CIMA president to visit the SEC and make a presentation on Enterprise Governance. CIMA Sri Lanka division has 2,000 members and 10,000 students while there are over 3,000 Sri Lankan CIMA members who are employed overseas. He made special reference to every individual at CIMA in Sri Lanka and said that CIMA is growing at a tremendous rate as students, members and staff are committed. "I and the CIMA Council will support Sri Lanka at all times," he said. He wished that one day the CIMA presidency will be held by a Sri Lankan and said that since CIMA is a global organisation it will be a possibility in the future. |
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