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 14207 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
Express Your Signature Style
Cerruti 1881 Infinite Love
The Memovox Adventure
OMEGA's second "Speedy Tuesday" sells in 01:53.17
Olivia Burton Watercolour Florals
Ulysse Nardin Salutes Us Navy With Limited Edition Executive Skeleton Tourbillon
Oh, Sweetie Lipcolour!
Innovative Chronofighter Superlight Carbon is replete with Graham's formidable m...
Travel Light with Beauty Essentials from Glambeaute.com
Jaeger-Lecoultre Main Sponsor of the 75th International Film Festival of La Bie...
New short indie movie ‘The Peril' is a wake-up call to parents about internet sa...
Marchon Eyewear and G-III Apparel Group Sign Exclusive Global Licensing Agreemen...
Tissot T-Race Cycling An adrenaline-fuelled ride
Beat the heat with mini dresses
DKNY Fall 2018
Summer Love by Mouawad
Tommy Hilfiger Dressed Up Collections
Enjoy an all-day breakfast at Sophie's Café
Go Down Memory Lane with Fashion Trends from the '90s
Inspired by legends, worn by new heroes, PUMA FOOTBALL brings you the AC MILAN 2...
A New Watchmaking Encounter in Pink Gold at the Venice International Film Festival
DS Podium Chronograph - Sporty as ever, now with PrecidriveTM
Dubai Camel Racing Club Honours Al Tayer Motors
Huawei's New Range of Artificial Intelligent Smartphones Set to Change Your Self...
Canvas on Wrist – Swatch Partners Up With Riksmuseum
Open Dairies by Parmigiano Reggiano Consortium: A gastronomical event for touris...
Etihad Airways Celebrates President Xi Jinping's Visit With a Series of Cultural...
DHL Express drives energy efficient solutions with new electric vehicles in Dubai
Enjoy DSS 2018 Offers at Parah
The Maison Chaumet opens an exclusive pop-up at The Dubai Mall
An Insight Into Easyshopping.ae
Introducing Salvatore Ferragamo's Men's Sun and Optical Capsule
Dubai Creek Harbour Project Celebrates 5 Million Man Hours with Zero Lost Time A...
Launch of PINAR Water - Turkey
Sighting Immediate Hiring of UAE Nationals, Union Coop Organizes Exclusive Recru...
From skin to comprehensive aesthetic care: a 15-year journey called Kaya Skin Clinic
Outstanding Guide programme launched by Sharjah Museums Authority
Before we say Goodbye to Flamingoes and Pineapples, Celebrate Summer 2018 with k...
Accessing The Internet In Dubai: All You Need To Know
Abu Dhabi Airports Celebrates Success at CIPS Middle East Supply Management Awards
Ferrari's turbo-charged V8 is voted the best engine of the last 20 years
Cromia Offers Amazing Discounts during DSS
2XL launches luxurious Louna sofa set in velvet
GUESS Launches Fall 18 Handbags
Dubai Business Women Council witnesses 28.3% growth in total membership during f...
Pottery Barn Kids launches new ‘Back-to-School' collection
Take your mobile gaming to the next level
Your Baby and Child Travel Essentials Covered with Five Little Ducks
Finnair launches off-airport baggage collection and check-in service in London w...
PCFC and GDRFA helped 511 employees tie the knot over last 7 years