CIMA Boss Commends Sponsorship of ACOA 2015

Raheem Akingbolu

Africa Regional Director for the Chartered Institute of Management Accountants (CIMA), Samantha Louis, has hailed the Chartered Global Management Accountant designation (CGMA) Gold sponsorship of the Africa Congress of Accountants (ACOA) 2015 that will take place in Mauritius from 12th to 14th May 2015.

The CGMA, is a global designation formed through a joint venture of CIMA and the American Institute of Certified Public Accountants (AICPA).

According to Louis, CIMA is “very excited about CGMA’s Gold sponsorship of ACOA 2015 which provides us a unique opportunity to introduce this global designation to accountants from around the continent and the international business community.

“Since 2012 CIMA has been changing the playing field with regards to management accounting firstly with the launch of the CGMA designation and now with the launch of the Global Management Accounting Principles which we look to promote strongly at the ACOA 2015 conference,” Louis said.

Developed jointly by CIMA and the AICPA, the principles are the first of a kind of blue print and guideline for business professionals aimed at improving decision making. They were developed based on extensive research with executives from 35 countries, which revealed that organisations around the world are struggling with data overload, dispersed workforces and the blistering speed of change.

The four principles focus on breaking down silos through influential communication, surfacing the most relevant information and reliable data for examination; driving analysis that reveals impact on organisational value and promoting integrity and trust that protects long-term sustainability.

Louis added “We believe that widespread adoption of the Principles will ensure that organisations have the guidance to strengthen and enhance the management accounting function within their organisations, hence it is so important for CIMA and CGMA to be amongst the thought leaders attending the ACOA 2015.”

CIMA, founded in 1919, is the world’s leading and largest professional body of management accountants with over 227,000 members and students in 179 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations.

The National Association of Academic Technologists (NAAT) has demanded an apology from factional President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero for claiming that NAAT National Treasurer, Dr. Comfort Oko participated at the delegate conference organised by Ajaero faction in Lagos, and was elected as Ex-Officio member.

The union also demanded withdrawal of the statement within the next two weeks, failing which it threatened appropriate action action the Ajaero faction of the NLC.

NAAT, in a letter to Ajaero dated April 7, 2015 said it was untrue that Oko participated in the Lagos delegate conference and as she was not in Lagos on that day.

“The only Delegates’ Conference NAAT was aware of and fully participated