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CIMA, CPA Australia renew reciprocal membership accord

Regulation

Subject to passing an exam, any member of one body qualifies to join the other.

By Philip King 9 minute read

The Chartered Institute of Management Accountants (CIMA) and CPA Australia have renewed their member pathway agreement for another four years.

First signed in 2008, CIMA said the agreement allowed members of each professional body to concurrently become members of the other body and adopt, subject to criteria, the relevant professional designation.

CIMA members could join CPA Australia subject to completing its Better Practice in Governance and Accountability course. Conversely, CPA Australia members could join CIMA after passing its CGMA Professional Qualification Strategic Case Study Exam. In either case, candidates would also need to meet the other body’s practical experience requirements.

“Over the years, the agreement has opened up employment opportunities for members and given employers across the world access to a wider pool of accounting and finance talent,” CIMA said.

CIMA chief executive Andrew Harding said the two accounting bodies were a good fit.

“CIMA and CPA Australia have been working together for 15 years and we are pleased to continue our collaboration, showcasing our shared, ongoing commitment to building a strong and dynamic accounting and finance profession across the world,” he said.

“Through this agreement, we continue to support CIMA and CPA Australia members, wherever they are based, to make the most of their skill sets and access a wider range of employment opportunities.

“Holding both the CGMA and CPA designations is an additional opportunity to enhance their competitiveness in an interconnected job market.”

CPA Australia member operations chief Rebecca Keppel-Jones said the body was delighted to renew the member agreement with CIMA.

“CPA Australia and CIMA have enjoyed a longstanding partnership that provides a pathway to successful careers for accounting and finance professionals around the world,” she said.

“CPA Australia is committed to supporting members as they enhance their skills, knowledge and experience to enable them to pursue outstanding employment opportunities.”

CIMA is part of the Association of International Certified Professional Accountants, a global body with almost 700,000 members in 188 countries.

CPA Australia has more than 170,000 members in around 100 countries.

 

 

 

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Philip King

Philip King

AUTHOR

Philip King is editor of Accountants Daily and SMSF Adviser, the leading sources of news, insight, and educational content for professionals in the accounting and SMSF sectors.

Philip joined the titles in March 2022 and brings extensive experience from a variety of roles at The Australian national broadsheet daily, most recently as motoring editor. His background also takes in spells on diverse consumer and trade magazines.

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