Jan 19, 2018

CMA (Australia) achieves significant milestones in SL in 2018

The institute completes twenty eventful years, since the qualification was first introduced to the Sri Lankan professionals in 1998. The CMA (Australia) final Qualifying Workshop was introduced to qualified Chartered Accountants in Sri Lanka by the Institute of Chartered Accountants. The 19th workshop is scheduled to be conducted by the Academy of Finance in February 2018.

A qualified Accountant or Finance Degree holder or a holder of Masters Degree specialised in Finance can become a Certified Management Accountant (Australia) by completing the seven day intensive programme on Strategic Cost Management and Strategic Business Analysis. The programme is facilitated by Prof. Janek Ratnatunga, Chief Executive Officer of ICMA(Australia). Since 2017 the Qualifying Programme has been conducted twice a year, in order to accommodate the growing demand.

CMA (Australia) Graduate Conversion Programme was later introduced by the Academy of Finance in 2006. Since then, The Academy has facilitated twenty graduate conversion programme intakes during the past twelve years. This entry route to qualify as a CMA (Australia) provides an excellent path for University Graduates and Qualified Professionals to become a Certified Management Accountant within one year. Nearly eight hundred qualified Marketers, Engineers, Bankers and HR Professional have benefited from the programme.

The full Graduate Conversion Programme comprises of four comprehensive modules covering Financial modeling with insights to financial accounting and Excel modelling, Management accounting, Financial statement analysis and an in depth module in Financial Management. The assessments are based on a combination of examinations and assignments.

Most demanded entry path is available for Qualified MBA holders who are entitled to fourteen subject exemption route with two additional modules to be completed in six months followed by the Seven Day Qualifying Workshop. This has become the ideal qualification for the dynamic corporate executives aspiring to climb the corporate ladder faster.

“Module contents perfectly aligned to the business executive’s knowledge gaps and organisational requirements, comprehensive coverage and the excellent panel of lecturers have contributed to the popularity and success of the programme during the past two decades” commented Kapila Dodamgoda, Regional Director for ICMA (Australia) - Sri Lanka Region. “ICMA candidates holding middle to senior managerial positions with professional maturity, corporate experience and solid academic qualifications make use of this qualification as a stepping stone to General Managerial positions and Board level appointments”, Mr Dodamgoda commented further.

Academy of Finance is the exclusive academic partner for ICMA (Australia) programmes in Sri Lanka. Since the seats for the February workshop have already been filled, registrations are currently open for the second Qualifying Workshop in August 2018.

Registrations are also in progress for the Graduate Conversion programme commencing in late January 2018. You may get further information from the website, mailing them to This email address is being protected from spambots. You need JavaScript enabled to view it. or calling on 0777 412009.