On January 24 2016, Professor Janek Ratnatunga, CEO of ICMA Australia, Dr Thaddeus Kambanei, PNG Regional Director of ICMA, met with Dr. Ken Nugan, Secretary Finance and the President of the Institute of Chartered Management Accountants of PNG, at the Holiday Inn in Port Moresby to discuss further issues regarding the existing strategic alliance between ICMA (Australia) and ICMA (PNG).
The ICMA (Australia)’s CMA examinations have been written into the Rules of the Institute of Chartered Management Accountants (PNG), a professional body set up by statute (Management Accountants Act 2004) in the independent State of Papua New Guinea.
The Rules of the Institute specifies the level of training, examinations, period of service, experience and fitness for membership required relating to the admission or advancement of a person to membership of the Institute as a Fellow of the Institute of Chartered Management Accountants (FCMA) and Associate Chartered Management Accountant of the Institute (ACMA).
ICMA (Australia)’s CMA preparatory program must be done by all aspiring to be FCMAs or ACMAs of ICMA (PNG).
For more information, see: http://www.cmawebline.org/about-icma/strategic-alliances.html