GlobalData
1 min read
The Chartered Institute of Management Accountants (CIMA) and the Thailand Federation of Accounting Professions (TFAC) have renewed their memorandum of understanding (MoU) for an additional three years.
The partnership aims to further develop future-ready talent in the accounting sector.
CIMA Asia Pacific vice-president Venkkat Ramanan said: “The renewal of our agreement with TFAC represents a key milestone in our mission to advance the accounting and finance profession in Asia Pacific.
“We look forward to further empower Thai talent with the insights, tools, and recognition they need to lead their organisations with confidence in an increasingly complex business environment.”
Originally signed in 2019, the MoU allows TFAC members to pursue CIMA membership by passing the CGMA Professional Qualification Strategic Case Study Exam.
This initiative is designed to elevate the professional standards within the accounting profession in Thailand.
Candidates aspiring to become CIMA members must also fulfil practical experience requirements to demonstrate their competence in the workplace.
The agreement is said to have created new employment opportunities for professionals in accounting, finance, and business.
It has also provided employers in Thailand with access to a broader talent pool, enhancing the overall quality of the workforce in the region.
TFAC president Winid Silamongkol said: “We are pleased to renew our partnership with CIMA, reaffirming our shared commitment to professional excellence, innovation, and advancing the management accounting profession in Thailand.
“In a rapidly evolving global landscape, we believe that our collaboration will yield a meaningful and lasting impact for accounting, finance, and business professionals in Thailand.”
"CIMA, TFAC renew MoU to enhance accounting talent in Thailand" was originally created and published by The Accountant, a GlobalData owned brand.
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