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 >>

 
  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 6686 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
Michael Kors Presents Spring 2018 Jewelry
Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6...
Max Fashion #ForgetFilters Campaign Celebrates Living for the Moment
IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part o...
Sports Bras Banishing Bounce by 83% arrive in store
Transform Your Lips With Glitter Flip Liquid Lipsticks from Ciaté London
LG Exploring New Commercial Opportunities With Expanding Robot Portfolio
New Year, New Skin with the Labo Transdermic Anti-Aging Range
LG's 2018 Speaker Lineup Wows With Premium Sound, Ease of Use and Now Smart Capa...
We Sheet You Not! Foreo Announces End of Face Mask Epidemic
Transform Your Skin In 2018 with QNET's Revolutionary Elixa Skincare
Experience the ultimate beauty extravaganza as MyBeautyFest kicks off with the i...
Qabala joins Air Arabia's Azerbaijan network
Golden Bridge Rectangle Diamonds designed to dazzle
Michael Kors Presents Spring 2018 Watches
Bubble Clown by Matt Barnes
DS Podium Chronograph Lap Timer – Racing Edition
New Year, New Skincare!
Coach presents the Grand Stainless Steel Bracelet Watch Collection
Land Rover's 70th Anniversary Begins With Restoration of ‘Missing' Original 4x4
AIGNER Love
OMEGA and Pyeongchang 2018
Celebrate love with Rado
Corum Bubble Art For Those Who Appreciate A Work Of Art
Shimmering Gilda takes on a silvery sheen
Garden Party Style and Cult Classics: Swatch Launches Spring-summer 2018 Collection
Marine Torpilleur Military made for men who chart their own destiny
New Year – New Savings now with Al-Futtaim Honda
Joyalukkas grows presence in Singapore with new showroom on Serangoon Road
Samsung Delivers Vision for Open and Intelligent IoT Experiences to Simplify Eve...
Samsung Electronics' 2018 Smart TVs Become First to be Industry-Certified for En...
Scuderia Ferrari presents the latest RedRev Watch Collection
Dubai Culture Organises ‘Carnival of Ideas'
EUROSTAR presents seven global tech majors at CABSAT 2018
Nissan and NASA extend research into autonomous mobility services
Spring/Summer 18' Beauty Picks from Missha Cosmetics
World Future Energy Summit's inaugural Mobility Conference to discuss future of ...
Nissan reaffirms importance of electrification at World Future Energy Summit
Malabar Gold & Diamonds strengthens its global position as a leading jewellery r...
Dubai Tour team line-up announced: 16 teams of seven riders at the start
Mashreq Bank offering credit cards for every passion
Abu Dhabi Quality and Conformity Council Completes Verification of Fuel Meters a...
Renault-Nissan-Mitsubishi Launches a Venture Capital Fund to Invest Up to $1 Bil...
Panasonic Jaguar Racing Set Their Sights on Marrakesh E-Prix
HP Fuels the Future of Computing at CES 2018
Dubai Health Forum announces key speakers.
Dubai Customs receives Azerbaikjani outgoing Consul General
ZAKK Air specialised headset for athletes launched in UAE
LG's Award-winning 4k Uhd Projector to Debut at CES 2018
UAE Rejoice: PAN Emirates to not charge VAT to customers in 2018