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At the House of Representatives, the word "Chartered" was added and the name of the institute was changed to "Chartered Institute of Cost and Management Accountants" On 25 May 2007, the Clerk of the Senate of the Federal Republic of Nigeria transmitted the CICMA Bill with other fourteen Bills to the then President Olusegun Obasanjo for his ...
The Institute of Cost and Management Accountants of Pakistan (ICMAP) is a professional accounting body offering qualification and training in management accountancy.. The Institute of Cost and Management Accountants of Pakistan was established in 1951 and was granted statutory status under the Cost and Management Accountants Act, 1966 [1] [2] for the regulation of the profession of Cost and ...
The Institute of Cost and Management Accountants of Bangladesh; Type: The national body of the professional Cost and Management Accountants of Bangladesh: Established: 1977 () Affiliation: International Federation of Accountants and International Accounting Standards Board: President: Md. Salim Uddin: Vice-president: Mahtab Uddin Ahmed and Md ...
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
The flagship CMA Preparatory Program [14] consists of two subjects, Strategic Cost Management and Strategic Business Analysis for which the entry criterion [15] is either a degree in accounting or a recognised professional qualification in accounting. The CMA Preparatory Program was only open to those with a university degree in accounting; or ...
Employers needed a new form of in-house accountant to provide, in addition to accounts, better analysis of cost and of operations to inform performance management. The new institute soon gained the backing of leading industrialists including, Lord Leverhulme who became its president.
With this Ordinance, it was also necessitated for the manufacturing concern to prepare and maintain cost accounting records and to arrange cost audit on annual basis by a Chartered Accountant or a Cost and Management Accountant. It also lays down the requirements for the preparation of financial statements of unlisted companies.
The Institute of Certified Management Accountants (ICMA) is the certification division of IMA which awards the Certified Management Accountant (CMA) and Certified in Strategy and Competitive Analysis (CSCA) designations. CMA curriculum includes subjects like strategic management, reporting and control, technology and analytics, leadership ...