The Institute of Certified Management Accountants of Sri Lanka (CMA) signed a memorandum of Understanding with International Chamber of Commerce Sri Lanka (ICC).
The agreement was signed at the CMA head Quarters in Colombo, Sri Lanka on July 20, 2018.
The MoU sets out to establish areas of co-operation between the above parties in furthering and supporting the interests of the membership of each party. The purpose of this MoU ‘jointly’ means the input of an equal; effort, engagement and sharing of responsibility by both parties.
MoU provides to jointly promote Accounting and Finance, Management, Accounting and Business Management as preferred career choices among the student population and the business community with a view to increase the number of qualified accounting professionals suitable to serve business organizations, jointly develop/enhance curricula relevant to the industry, jointly promote Sri Lanka as a business hub, jointly organize events for the mutual benefit of members, Offer special member rates for events organized by ICCSL to members of CMASL on a case by case basis and vice versa, jointly develop accreditations / examinations relevant to the industry, jointly focus efforts to further the business and industry in Sri Lanka and jointly undertake research work of importance to the economic development of Sri Lanka.
International Chamber of Commerce (ICC) is the world business organization, the only representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world on international trade, investment systems and market economy. ICC was founded in 1919. Its objective was to promote free trade among countries. ICC has Consultative Status with United Nations and its specialized agencies and it acts as the spokesman for international business. ICC has national committees in 130 countries including Sri Lanka.