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CIMA Africa Regional VP meets with ICAG CEO

By: Business Desk Report
Mr. Kwasi Agyemang (Left) CEO, ICAG with Mr. Tim Simba, Regional Vice President CIMA Africa

The Chartered Institute of Management Accountants (CIMA), the world’s largest body of management accountants, is nurturing its relationships with various member bodies in Ghana to deliver future-ready finance professionals and increase employability in the region.

Backed by the Association of International Certified Professional Accountants (the Association), the global accounting organisation formed by CIMA and the American Institute of CPAs (AICPA), CIMA is committed to producing skilled Chartered Global Management Accountant (CGMA) designation holders to help businesses succeed by harnessing the full power of management accounting.

The Regional Vice President CIMA Africa, Mr Tim Simba met with the Institute of Chartered Accountants of Ghana (ICAG), CEO Mr Paul Kwasi Agyemang to discuss the future of the management accounting profession in Ghana.

“I was thrilled to meet with ICAG CEO Paul Kwasi Agyemang and spend time hearing what the ICAG vision

Mr Agyemang said “As a professional body, ICAG is dedicated to preparing finance professionals for a changing world. I was happy to meet with Mr Simba as I believe that CIMA shares this value.”

CIMA is committed to upskilling finance professionals in Ghana, to meet the needs of a rapidly changing finance world in light of the findings of its insightful Future of Finance research. Powered by the fourth industrial revolution, the future of finance is a phenomenon that has far-reaching implications for how organisations are managed and how various parts of the business relate to one another. In order to lead their organisations successfully, finance professionals need to think beyond the finance function, develop new digital skills and find ways to draw on other business functions.

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 657,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants. As part of The Association of International Certified Professional Accountants (the Association) its members and students operate in 184 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organizations.

CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

The CGMA designation is the most widely held management accounting designation in the world. It was established in 2012 by the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) to elevate the profession of management accounting globally. 

It distinguishes more than 150,000 accounting and finance professionals who have advanced proficiency in finance, operations, strategy and management. In the U.S., the vast majority are also CPAs. 

The CGMA designation is underpinned by extensive global research to maintain the highest relevance with employers and develop competencies most in demand. CGMAs qualify through rigorous education, exam and experience requirements. They must commit to lifelong education and adhere to a stringent code of ethical conduct. Businesses, governments and nonprofits around the world trust CGMAs to guide critical decisions that drive strong performance.