IMA Signs MOU with PICPA ME Federation in Support of the Finance and Accounting Profession
IMA® (Institute of Management Accountants) and the Philippine Institute of Certified Public Accountants (PICPA) have signed a Memorandum of Understanding (MoU) to formalize ties with the Middle East Federation. The agreement will see both institutions working together to strengthen the management accounting knowledge base in the Middle East region. As part of the affiliation, PICPA ME Federation will offer the CMA® (Certified Management Accountant) certification to its members as part of its social responsibility to the PICPA ME Federation community, specifically to its members and students who are seeking to professionally upskill themselves as management accountants. This development affirms the Philippines’ vision and continued efforts to develop itself as a financial center.
Hanadi Khalife, Senior Director Middle East and India Operations at IMA® (Institute of Management Accountants), said, “This partnership will further strengthen the relationship between IMA and PICPA ME Federation which dates back several years. Finance professionals play an important role in building business confidence and as the Philippines’ economy continues to grow, the role of the function in that region will continue to grow in importance. Our association with PICPA ME Federation will help promote and develop best practices while providing holistic learning opportunities to professionals looking to pursue globally relevant qualifications that enhance their career prospects and add strategic financial value to domestic and international organizations operating in the country.”
Lyndon Masangcay Magsino, EMBA, CPA, CIA Chairman-PICPA Dubai & PICPA Doha, said, “We are delighted to join hands with IMA, one of the largest and most respected associations focused on advancing the management accounting profession. Members of both institutes will now be able to share knowledge and much needed expertise. This partnership will go a long way to further strengthen the management accounting profession in the Philippines and will be welcomed by both professionals and corporates alike.”
For nearly 50 years, the CMA certification has been the global benchmark for management accountants and financial professionals. IMA’s CMA certification program is an advanced-level assessment for accounting and finance professionals in business covering financial planning, performance and analytics, and strategic financial management.
IMA (Institute of Management Accountants)
Empowering accountants and financial professionals to drive business performance, IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 90,000 members and 350 professional and student chapters and provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; Shanghai and Beijing, China.