HISTORY
ICMA (Institute of Certified Management Accountants) was established in 1996 with the vision of becoming the premier body for Management Accountants. Now, after 25 years, ICMA is a global leader in Management Accounting with over 10,000 members. ICMA currently has regional offices and branches in 14 countries and members in more than 50 countries.
Unlike some other international professional organizations, ICMA tightly controls its education and training by appointing only one Regional Office that is closely supervised or Centers in each country or territory to conduct CMA member training.
CMA is primarily offered to senior professionals, mainly those with over 5 years of experience. ICMA’s educational programs have also been incorporated into many Master’s degree programs at Australian and international universities. In Australia, the CMA program is equivalent to MBA programs at top 100 universities in the world.
The ICMA Vietnam office was established in early 2014 with a visit from ICMA CEO, Professor Janek Ratnatunga. After this visit, AFA Research & Education was designated as the recognized training center in Vietnam for the CMA Australia program. AFA is led by Mr. Long Phan and a professional team to deliver CMA Australia training in Vietnam. The CMA Australia program, ‘Strategic Management and Financial Management,’ is an international professional program in the fields of financial management and strategic management designed for senior-level managers.
The first CMA program in Vietnam was conducted in June 2014 with 25 participants, personally trained by Professor Janek Ratnatunga. CMA participants are primarily financial leaders from banks, accounting firms, chief accountants, and financial directors from various industries. Some CMA Australia members who graduated from the first CMA course in Vietnam include:
- Mr. Ngụy Quốc Tuấn, CEO of Grant Thornton, Ho Chi Minh City office
- Mrs. Nguyễn Thị Gấm, Deputy CEO of Lienvietpost Bank
- Mrs. Bùi Thị Minh Tâm, CEO of Saigon-Hanoi Debt Management Company (SHB)
The second and third CMA programs were organized in August 2015 and May 2016. CMA Australia signed a Memorandum of Understanding with the Vietnam Association of Certified Public Accountants (VACPA) in June 2014.
CMA MEMBER BENEFITS:
On becoming a certified member, the Benefits of ICMA membership are:
- Post Nominals – The use of internationally recognised post-nominals, especially the highly sought-after CMA professional credentials. [Note: If you are not a financial member, it is prohibited to use these post-nominals or describe yourself as a ‘Certified Management Accountant’.]
- Membership Certificate – This recognises your qualifications and experience in the specialist field of management accounting.
- Digital Certification – You can showcase your professional qualifications that highlight your education, training, and experience with the web-enabled Credly open badges which can be verified in real-time, online.
- Continuing Professional Development – Members have access to a range of Continuing Professional Development (CPD) opportunities in the leading-edge topics of strategic management accounting and business analysis.
- Website – Full access to the members only access area of the www.cmaaustralia.edu.au website, with links to all associated management accounting web pages around the world.
- MA Briefings – Keeping you up to date with changes, members have access to the CEO Blog, the CFO Talks, and can attend free MA Briefings organised by our recognised education providers.
- On Target eMagazine – In the ever-changing world of Management Accounting news can break at any time. Our monthly email On Target update brings the news straight to your desk.
- Research Publications – Access to the Institute’s commissioned research publications; including full access to the publications resulting from the Institute’s competitive research grants.
- Research Journals – Keep up to date on the critical information you need to know through the Journal of Applied Management Accounting Research and Management Accounting Frontiers research journals. Every edition is full of applied technical articles, with information on trends in government, industry, and technology.
- Training and Conferences – Improve your skills and increase your expertise at our educational conferences and workshops.
- Government Relations – Know what’s around the corner and be confident that you’re well represented on key issues affecting management accounting.
- Networking – Networking via participation in Regional Office, Branch and Centre activities; and special interest groups involving management accounting academics and professionals around the world. Take advantage of opportunities to meet with your colleagues and expand your circle of valuable contacts.
- Library – Full access to the Institute’s vast online library services specialising in strategy, accounting, marketing, business analysis, risk management, and environmental and social management accounting (ESMA).
- Mutual Recognition Agreements – Obtain membership of other with other professional accounting bodies via MRAs.
- Credit in University Courses – Having successfully completed the CMA education program, members can obtain credit in MBA programs in leading universities around the world; including the MBA at the ICMA sponsored Calwest University in Northridge California, USA; where CMAs get 8 out of 12 credit exemption for the MBA; and the possibility of continuing to a Doctorate (DBA) research degree after completing the MBA.
Additional Services
In addition, members can obtain the following at discounted prices:
- Enrolment in its Seminar series on cutting-edge developments in the profession.
- Registration at the ICMA sponsored conferences around the world.
- Access and participation in ICMA Webinars with senior academics and professionals.