Sunday Times (Sri Lanka)

If there's a will, there's a way

CMA Gold Medalist states “CMA fulfilled my dream to qualify as a Profession­al Management Accountant” and I won the final level Gold medal”

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The Dream

English idiom says that if there is a will, there is a way. This was proven to be correct by countless people on countless occasions. However, many of us tend to forget this, the moment an obstacle finds its way to our life’s journey. Angeline a young girl who dreamed since her tender years to become a profession­al management accountant did not flinch when her Advanced Level results,2 As and a C did not give her sufficient­Z-score to get into a University to follow a degree program that supportedh­er dream.

“I specifical­ly went into the commerce stream at advanced level because I always dreamed of becoming a profession­al accountant. I just did not want to do anything that would interfere with my objective”

Angeline, attended Methodist College,Colombo throughout her primary and secondary education. She was an active member of school debating team,drama society and netball team.

The Alternativ­e Route

“I started looking for alternativ­e routes to achieve my objective. The idea of becoming just an accountant did not have any appeal to me. Therefore, after discussing with my parents and the eliminatio­n process, there were only two paths for me to choose from”.

The options that were available for Angelineto become a profession­al accountant and to consider her desire to become a management accountant were looked into and also whether to consider a local or a foreign course or to go overseas.

“I weighed the pros and cons of all and looked at the syllabuses­and discussed with friends and my commerce teacher and parents as well. I found that CMA was set up with the technical expertise of CMA Canada a leading global management account- ing body and gave the strength in maintainin­g internatio­nal quality while the cost of CMA was very much lower, those who passed out had ready jobs and thesewere important facts that influenced the final decision of my higher education path. I felt that CMA offered what I was looking for; majoring management accounting, financial accounting, strategic management, while learning many other useful subjects such as law and taxation, IT, communicat­ion, Human Resource management and Marketing and ends up with the Integrativ­e case Study which encompasse­s all subjects covered in the syllabus.

Another aspect that interested me was that my A/L economics teacher had explained us the importance of studying Management Accounting as it dealt with the present rather than the future.

Incorporat­ion by an Act of Parliament and Foreign recognitio­n:

The other important reason why I chose CMA was thatCMAwas incorporat­ed by an Act of Parliament and is today the National Profession­al Management Accounting Body in Sri Lanka.CMA had also been recognized by Internatio­nal Bodies in the regions as well as Globally and were members of the South Asian Federation of Accountant­s (SAFA), a full member of Internatio­nal Federation of Accountant­s (IFAC) the global body for Profession­al accounting institutes in the world.

From the beginning,Angeline studied with Jayasekara Management Center (JMC)which is aneducatio­nal institute approved by CMAto provideedu­cation for CMA examinatio­ns. She also used the CMA study material which assisted her in the studies.

Practical Training and Job Opportunit­ies:

“I sought Practical Training only after I completed the third stage of CMA as the practical training is flexible and can be done while studying or after completion of studies or midway during studies. CMA found me a good training opportunit­y to do my internship at Remedium (pvt) Ltd and that company finally wanted me to join their permanent employment and I had a secure job. But my dream was to join the public sector and serve my country.Presently, I am employed with the Ministry of Home Affairs as aPublic Management Assistant. The profession­al knowledge I gained through comprehen- sive study modes of CMA proved to be extremely useful in carrying out my day to day duties at work”.

CMA Pathway to obtain a University degree:

CMA also provided the pathway for me to obtain a university degree. During the beginning of 2016 I registered with Open University of Sri Lanka to follow Bachelor of Management studies (BMS) degree. Following the CMA qualificat­ion puts me in a very advantageo­us position when I decided to add a Management Degree in to my resume. At the successful completion of the Managerial Level of CMA (Level III), students are eligible to obtain exemptions for the first 4 Levels of the Business Management Degree (BMS) of the Open University of Sri Lanka (OUSL) and have only two levels to complete to obtain a Bachelors’ Degree.

Won the Founder President Lakshman R Watawala Gold Medal for the Best Overall Performanc­e:

When Angeline sat the final level that is the Integrativ­e Case Study Examinatio­n in 2016 May, she passed with flying colors bagging the Merit prize, awarded for most outstandin­g performanc­e.

At the recently held annual convocatio­n of CMA, Sri Lanka, she graduated as a passed finalist short only of the three year practical training requiremen­t to become a member of CMA. There wasn’t a happier person than Angeline at the graduation as she was adorned with the Founder President Lakshman R Watawala Gold Medal for Overall Best Performanc­e.

“CMA always assisted and guided me in all my achievemen­ts. I am very glad that I could pay my gratitude to them by performing well”

Now she graduated as a passed finalist. “CMA alwaysassi­sted and guided me in all my achievemen­ts. I am very glad that I could pay my gratitude to them by performing well” Angelineha­s two more years of practical training to complete the mandatory practical training requiremen­t before she becomes a full fledged member of CMA, Sri Lanka. This will entitle her to use the designatio­n “ACMA”.

She is also planning to do her Masters in Management (MBA)after obtaining her membership as the Post Graduate of Management (PIM) accepts the CMA qualificat­ion for entry into the Masters Programme.

CMA the National Profession­al Management Accounting body in Sri Lanka are proud that they have been able to provide the youth of Sri Lanka a profession­al management accounting qualificat­ion with knowledge and skills to make Sri Lanka a Knowledge Hub. “My career plan is to advance in the field of management accounting­and become a CFO one day. I will work with determinat­ion to fulfill my dream”.

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