AI and Machine Learning for high business impact: Linear Squared joins CIMA as knowledge partner

The Chartered Institute of Management Accountants, (CIMA), the world’s leading and largest professional body of management accountants recently joined hands with Linear Squared, pioneers in AI-driven business solutions in Sri Lanka to bring together a series of Continuous Professional Development (CPD) programs for the benefit of finance and business professionals in Sri Lanka.

The CPD program will feature five separate sessions on industry specific opportunities/applications of Artificial Intelligence and Machine Learning for high business impact. As the Knowledge Partner, Linear Squared will provide the content and resource persons for each session.

Commenting on the initiative, CIMA Sri Lanka Country Head Zahara Ansary, ACMA CGMA said, “We live in a world that has an accelerated pace of change and advances in technology that’s making all of us go beyond convention to succeed. Our focus is on ensuring our CIMA students and members embrace the sweeping technology and be aware of the opportunities it provides through AI/ML and such technologies, to add value to themselves and their organisations. We are grateful to Linear Squared for coming forward as our partners in this process and being able to customise the program for multiple industries such as FMCG, Finance, Insurance, Manufacturing, Telco, Retail, etc.”

Elaborating further Ansary stated, “Automation and the technological changes are certainly impacting work roles and the way organisations do business. This has been well illustrated in the Future of Finance research compiled by the Association of International Certified Professional Accountants (the Association), which is the unified voice of CIMA and the American Institute of Certified Public Accountants (AICPA). We are keen to ensure our members and those in the finance profession make use of technology and are able to adopt and remain relevant despite these changes.” 

Speaking on the partnership, Linear Squared CEO and Co-founder Dr. Sankha Muthu Poruthotage said, “We’re delighted to partner with CIMA in facilitating this program for the benefit of the finance and business professionals in the country. Understanding how artificial intelligence (AI) and machine learning (ML) could benefit your business may seem like a daunting task. But there are many applications of these technologies that could help businesses become more efficient at its operations and improve the use of its resources, with visible effects on top and bottom lines. Finance professionals play a crucial role in this transformation.”

“Through this course we hope to enhance the participants’ understanding of AI and ML by demystifying the technical concepts and relating them to industry specific applications. Following the course, we hope participants will be able to apply this knowledge to their working lives, transforming themselves into proactive harnessers of AI within their respective organisations,” he further added.

The CPD program on AI and ML for Business Impact is scheduled to commence on 16 January and will be held at the CIMA Sri Lanka Auditorium.