CIMA exempts ICASL members and passed finalists

Members and passed finalists of the Institute of Chartered Accountants of Sri Lanka (ICASL) can now fast track to qualify as a Chartered Management Accountant.

CIMA is today widely recognized and is seen as a truly global qualification, with three main accounting bodies accepting the qualification by offering CIMA members direct membership. The three bodies are ACCA, CPA Australia and CMA Canada. Further for migration purposes to the UK, CIMA is classified as equivalent to a Masters degree.

This offer, which is in recognition of the reciprocal exemption arrangement between CIMA and ICASL, offers free exemptions for 11 examination papers to ICASL members and passed finalists whereby they only have to take the Strategic level papers and the TOPCIMA case study to qualify.

Over the years a large number of ICASL members and passed finalists have registered with CIMA via this specially designed accelerated route and have enhanced their career progression.

Regional Director South Asia and Middle East, Bradley Emerson, said “There are many top corporate executives in Sri Lanka who are members of both CIMA and ICASL. Reciprocal arrangements of this nature no doubt gives an opportunity for cross fertilization of the members of both institutes.

CIMA is happy to extend this exemption waiver for the second time in succession to members and passed finalists of ICASL”.