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Despite global challenges associated with Covid-19, the accounting programme in the College of Business Administration (CBA) recently received the Chartered Institute of Management Accountants (CIMA) accreditation; the second international recognition of the same programme in less than a month.
"Graduating from a CIMA-accredited programme indicates a globally respected and benchmarked quality of accountancy knowledge," said Karim Seghir, AU Chancellor. "Students with these credentials are highly regarded by employers around the world for their qualifications."
CIMA, the world's leading and largest professional body of management accountants, helps individuals and businesses succeed by harnessing the full power of management accounting - not just in accounting for balance sheet, but also accounting for business.
Dr Ibrahim Elsiddig, Head of Accounting Department, CBA, said that CIMA provides students with testimonials about careers as finance professionals and support them through their journey from university students to employment.
"The benefits of having an accelerated route for AU students and graduates to the CIMA professional qualification are vast. They are provided with the best chance of passing the examinations and progressing quickly through their careers," he added.
Students and graduates from the Ajman University accounting programme are exempted from 50 per cent of the papers, he added. "They only need to complete the last two levels (management and strategic) to be CIMA holders even during their study."
Late in May this year, the AU accounting programme earned accreditation from CPA Australia (Certified Practicing Accountant). AU is now one of only two UAE-based universities - in addition to four foreign universities with UAE branches - to earn CPA accreditation. Regionally, only one institution in Saudi Arabia has met the same strict requirements.
In 2019, the AU accounting programme was accredited by the Association of Chartered Certified Accountants (ACCA). A global professional body issuing highly respected and valued international qualifications in business, the ACCA is recognised by member states of the European Union and the United Nations.
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