CMA signs MOU with WNS Global Services as an Accredited Practical Training Partner

Thursday, 21 August 2014 00:00 - - {{hitsCtrl.values.hits}}

CMA, incorporated by Act of Parliament No. 23 of 2009, signed an MOU with WNS Global Services Ltd. CMA was set up in 2000, with the technical assistance of CMA – Canada and was based on the guidelines of the international accounting bodies the Institute of Management Accountants of USA, the International Federation of Accountants (IFAC), which is the world body for Accountants and the Management Accountants of the South Asian Federation of Accountants (SAFA).

This created history in the accounting world, when after 50 years since the incorporation of the Chartered Institute, a new professional management accounting body was incorporated and given Government recognition. CMA is now a member of the South Asian Federation of Accountants (SAFA) and an Associate Member of International Federation of Accountants (IFAC).CMA has over 18,000 students and 2,200 members. WNS has been established in Colombo for the past 10 years and is the largest BPO provider in the country, with key clients in the insurance, legal, and travel related industries. They currently have over 800 employees providing a broad range of finance and accounting, legal services, banking services, customer care, and insurance specific services from our 56,000 sq. ft. facilities in central Colombo (HNB Towers and Orion City). This MOU will provide CMA students an opportunity to obtain practical training in the management accounting and finance field from a recognised business organisation which will give them a foundation to progress in their career, and obtain their membership. The CMA practical experience component is an essential part of the CMA program and has been developed in accordance with the International Standards of the International Federation of Accountants (IFAC), the world body for Professional Accountants operating to meet the growing demands of competitive organisations at both national and international levels.