The Chartered Institute of Management Accountants (CIMA) has renewed its mutual recognition agreement with one of the world's largest accounting bodies, CPA Australia. Both professional bodies play a vital role by equipping their members with the financial expertise and business acumen that allows them to guide their organisations to long-term, sustainable success. They are dedicated to promoting accountability and good governance world-wide and are committed to professional ethics and a code of conduct.

This agreement, first established in January 2009, allows qualified members of both CPA Australia and CIMA to gain reciprocal membership. It also identifies areas for joint initiatives - including research and advocacy - and gives members heightened access to international job markets.

CIMA President Gulzari Babber FCMA, CGMA, said "our partnership with CPA Australia continues to grow. It is extremely beneficial to our members and has afforded them an additional opportunity to enhance their competitiveness in the global marketplace."-PR

Copyright Business Recorder, 2012