CMA signs MOU with Union Assurance General and George Steuart & Company as Accredited Practical Trai

Tuesday, 2 February 2016 00:03 - - {{hitsCtrl.values.hits}}

The Institute of Certified Management Accountants (CMA) Sri Lanka has initiated a program to ensure that all its students receive quality practical training in leading business entities in the country. Three years of practical training is mandatory for those who pass all four levels of CMA and the Integrative Case Study, to become a ‘Member of CMA Sri Lanka’. CMA provides a flexible training policy with practical training undertaken either while sitting the exams or after completion of exams.

CMA recently entered into two new Training Partnership agreements (TPA) with reputed companies in the Sri Lankan business sphere. One is Union Assurance General Ltd. backed by the Fairfax Group – a diversified, financial services company worth $ 8.6 billion as at 2015 (Q2), with a strong foothold in the growing insurance and reinsurance markets of Southeast Asia, USA, Eastern Europe, the Middle East, UK and Brazil. Fairfax is founded on a series of core values which embrace honesty, integrity and result oriented hard work with a firm focus on making work more rewarding and fun.

DFT-13-05 CMA Sri Lanka President Prof. Lakshman R. Watawala presents the Accredited Training Partner certificate to George Steuart & Company Accountant Dinesh Piyadarshana in the presence of CMA Vice President M.B. Ismail, Director – Operations Sumudu Pagoda, Director Examination Dr. Swineetha De Livera and Consultant Examination L.B. Wattegedara of CMA

The other, George Steuart & Company Ltd was established in 1835 and proud to be the oldest corporate house locally and one of the oldest mercantile establishments in the world. Today, George Steuart has become one of the fastest expanding conglomerates in Sri Lanka.

CMA was incorporated by Act of Parliament No. 23 of 2009. CMA has the memberships of international accounting bodies such as South Asian Federation of Accountants (SAFA) and International Federation of Accountants (IFAC).

CMA, already has over more than 120 training partnership agreements with public and private sector organizations and the new agreements will further enhance the opportunities for CMA students to complete their practical training requirement.

CMA is well aware that practical training would lay the foundation for a good management accountant who would perform his or her task efficiently and productively in any given environment. Therefore, the companies with impeccable track records that employ professionally qualified personnel, in the accounting field in specific and in every field in general are selected as accredited training partners.

All students who require practical training could apply direct to CMA to via one of our accredited practical training partners.

Please contact Sumudu Pagoda – Director Operations on 0773742343.

DFT-13-06 CMA Sri Lanka President Prof. Lakshman R. Watawala presents the Accredited Training Partner certificate to Union Assurance General Head of Human Resources Malika Senanayake in the presence of UA Assistant Manager HR Manjari Kumarage, UA Senior Manager – Finance and Planning Wickneswaran Ravishankar, UA Manager – Finance and Planning Tharindu Dissanayake, CMA Vice President M.B. Ismail, Director – Operations Sumudu Pagoda, Director Examination Dr. Swineetha De Livera and Consultant Examination L.B. Wattegedara of CMA