GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Education and Training

 
  Share

Dubai, UAE, December 05, 2017–  On November 9-11, IMA®  (Institute of Management Accountants), sent four students from Egypt, Qatar and UAE to represent the Middle East and Africa region at the organization's annual Student Leadership Conference in Houston, Texas, USA. IMA chose the students from leading university partners in the region, namely American University in Cairo, Qatar University and the American University in Sharjah.

“Every year, we send four to six students from the region where they meet over 600 students from China, Europe, India and the Americas to let them explore their career options in management accounting and help address the skills gap in accounting,” says Rishi Malhotra, academic and  student relations manager at IMA Middle East.

The skills gap in accounting has been a concern for many decades now. Traditional accounting curriculum has been too narrowly focused on financial accounting, particularly in audit, tax, statutory reporting, and compliance. In 2015, IMA published a report that found 90% of CFOs have a hard time finding the right talent, with deficiencies existing in both technical and nontechnical skills. 

“Typically, these students come to the conference unaware that roles exist outside of public accounting firms. The exposure encourages them to seek out a well-rounded course load and prepares them for a meaningful job experience as accountants and financial managers in business later on,” explains Malhotra.

At the conference, students also got a glimpse of the challenges they will be facing in the workplace. The most popular speaker at this year's conference was Andrew Fastow, the former CFO of Enron. Fastow shared his personal experience on fraud and how he and other Enron executives rationalized their decisions on “technically” complying with rules and regulations that ultimately led to the downfall of the company.

“We have had a lot of debates and discussions about this topic in my management class. However, as Andrew Fastow talked about his experience, I felt that I too could one day be facing the same dilemma as an accountant in business. His talk gave me a different perspective. I learned that there could be rules we might think are right to follow but are not always ethical,” says Ola Shalab from the American University in Sharjah. 

IMA is the only global management accounting organization to consistently be a forerunner in delivering relevant research on the evolution of the financial professional to a business partner.  To promote curriculum reform, IMA has a Higher Education Endorsement Program which evaluates university accounting programs that meet high educational standards. Schools recognized by IMA prepare students to enter the profession of management accounting and pursue CMA® (Certified Management Accountant) certification.

“It is my dream to be a professional in accountancy. After listening to all those speakers and how successful they have become over time, I am confident that I have chosen the right path. I want to help drive businesses forward,” adds Sara Elsaid Elhusseiny an accounting student from the American University in Cairo, one of four universities in the region that successfully earned Endorsement from IMA.

This year, IMA also published its first textbook, “Management Accounting – An Integrative Approach” in yet another effort to bridge the gap between what is taught in academia and the skills students need to be prepared for the workforce. 

“IMA is keen to partner with schools and universities with high-quality, up-to-date educational programs that support the changing needs of businesses. We want to help future professional management accountants accomplish their career objectives and meet the competency expectations of employers,' concludes Malhotra.



Posted by : GoDubai Editorial Team
Viewed 13688 times
Posted on : Tuesday, December 5, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : UAE National Day celebrated in Skyline Carnival 2017
Next Story : Majid Al Futtaim Set to Transform Customer Experiences Through Advanced Analytics
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Mall Opens the 52nd Outlet in Al Musallah - Sharjah
LOOTAH Perfumes launches four new springtime fragrances for Him and Her
Meet the FOREO family as they share their top tips for radiant skin during the ...
Amani Glam Collection
LOOTAH Perfumes launches fragrant oud ‘Ambwood'
Three Trends to Try with Palladio Beauty
Experience 5 Seconds to New Skin with OXYGEN-PEEL from Filorga
Lip Stick to my Heart - GOSH New Collections
Lexus sweeps two podium finishes at round two of 2018 AUTOBACS SUPER GT 500 series
Carrera UAE Exhibition
Max Fashion Reveals Latest 2018 Fashion Trends at Exclusive Trunk Show
bebe Launches First Ever Ramadan Capsule Collection
New Master Maserati Driving Courses for 2018
Toyota Rush makes a new beginning in the UAE
Care for your baby's sensitive skin with Corine de Farme
Spinneys Puts Local Food Heroes in the Spotlight this Ramadan
‘Tree of Life' Continues to Change Lives at Arabian Center, This Ramadan
Enhance your natural beauty while staying active with The Body Shop's Sportify M...
Ethereum - Second In A Series Of Exclusive Cryptocurrency Watches Launched
Global Light and Power Celebrates 10 Years with the Opening of their New Showroo...
Ramadan-Inspired Sandro SS18 Pieces
Mads Mikkelsen Spotted on Red Carpet at Cannes Wearing Ulysse Nardin Masterpiece
Dubai Holy Quran Radio launches new special programmes for Ramadan
Beautiful Kaftans for Ramadan from GUESS
Celebrate a Traditional Ramadan at the First Swissôtel in Dubai
Diabetes & Ramadan (DAR) Alliance and Sanofi introduce new integrated digital hu...
HydroPeptide Launches Solar Defense Products in UAE
Get Voluminous Eyelashes and Eyebrows with Rodial's Lash and Brow Booster Serum
Make Ramadan Better With the Gift of Sharing
RAK Diabetes Center in Jumeirah offering Free Lifestyle wellness checks and Diet...
The Balmain de Balmain II Mini is a true win-win
Aru Impressed with Team Spirit as Italian Champion Secures Top Ten Finish
Pottery Barn Kids Launches Baby Registry Service to Welcome Newborns
Ikea Yas Island Recognised as One of the Brand's Best Stores in the World
Celebrate The Holy Month Of Ramadan With The Night Picnic At Tub Of Butter
Facebook Launches Youth Portal, a Central Place for Teens
LG G7 Thinq Offers Deep AI Integration for Maximum User Convenience
Karl Lagerfeld Celebrates Fall / Winter 2018 Collection
Google launches new feature on Search to mark Ramadan
CND™ Boho Spirit: The Collection Summer 2018 Shades
Global Rollout of LGG7 Thinq Gets Underway
Celebrate Father's Day in 'Swiss Style' with Raymond Weil.
Charity event brings early Ramadan spirit to children of determination and their...
OMEGA Welcomes Sailing Sensations Peter Burling and Blair Tuke as Brand Ambassadors
Etihad Airways Introduces Ai Robot Sophia to Abu Dhabi
Hour Choice Presents Coach Perry Collections – Ramadan Exclusive
Breitling's Navitimer 8 Collection Arrives in The Middle East
Corum in Rome: La Dolce Vita Returns to Watchmaking
A Nose for Great Sound
Elvis Presley's OMEGA Sells for a World Record CHF 1,500,000 at Auction