CMA-NIOE to conduct professional training in cost management
The Institute of Certified Management Accountants of Sri Lanka (CMA) and National Institute of Exports (NIOE), the training arm of the National Chamber of Exporters (NCE), signed a memorandum of understanding (MOU) to impart professional training in cost management to enhance the competitiveness of the export industry.
The MOU envisages the conduct of training programmes for the export sector to enhance their knowledge in management accounting, cost accounting, total cost management and other techniques of cost and management accounting to make the export industry more competitive in the global markets and increase the exports from Sri Lanka.
The collaboration will provide for the conduct of short-term and long-term programmes, as well as seminars, workshops, online courses and video lectures based on the requirements of the industry.
They will contribute towards the development of links between industry and academia for the development of exports through the application of management accounting and cost accounting and promote collaborative research and industry links with professional and academia.
The collaboration is expected to make Sri Lankan exports more competitive in the global market place through the application of management accounting and cost accounting techniques in export enterprises including the SME sector and will educate exporters on costing and pricing of products and services under the guidance of CMA. The programme certificates will be issued jointly by the CMA and NIOE.