Chartered Institute of Management Accountants

14 September 2006

Following on from the success of the UK ethics roadshows held in June, CIMA (The Chartered Institute of Management Accountants) will be expanding the presentations internationally.  This new series of roadshows will be held in Sri Lanka, Malaysia, Singapore and South Africa during September, October and November.  The roadshows have been set up to discuss CIMA’s new Code of Ethics and how it can be applied in practice on a day-to-day basis.

CIMA launched the Code of Ethics for Professional Accountants in January 2006, which sets out the fundamental principles of professional behaviour that members and students are required to follow.  It also describes potential threats to these principles and possible safeguards that can be implemented to mitigate these.

In support of the Code of Ethics, CIMA has also launched an ethics helpline at ethics@cimaglobal.com (or ring from the UK 0800 358 7663 or Intl +44 (0)20 8849 2303 10am-4pm BST/GMT Monday-Friday), which is a free, confidential helpline offering guidance to CIMA members and students who are facing an ethical conflict.  The Helpline can also provide clarification on aspects of the Code of Ethics and how they can be applied.

These ethics roadshows, which are free to CIMA members and students, are designed to give participants an understanding of the new Code of Ethics and how it adds value to the CIMA qualification.  Staying up to date with ethics also forms an essential part of Continuing Professional Development, which is applicable to all CIMA members since January 2006.

The roadshows will cover:

• The fundamental principles of CIMA’s new Code of Ethics and how these can be applied
  
• How ethics add value to the CIMA qualification and why they are a crucial element of membership
  
• Using real-life case studies, discussions will be held on how to identify and deal with an ethical conflict
  
• Explanation of the support available from CIMA for members and students facing ethical dilemmas

The eight roadshows held throughout the UK during June had a high turnout and CIMA has received some excellent feedback from members who attended.

Charles Tilley, Chief Executive of CIMA, stated:

“We are extremely pleased with the success of our UK roadshows held earlier this year and we hope to expand on this success with our international presentations.  CIMA is committed to supporting its members in maintaining the high ethical standards that our profession requires.”

Following this series of roadshows, CIMA is looking to expand the presentations into its other international regions next year.

For media enquiries, please contact:

Annette Heninger
Press Officer, CIMA
+44 (0) 20 8849 2427
annette.heninger@cimaglobal.com

Notes to editors

1. CIMA (the Chartered Institute of Management Accountants) is the only international accountancy body with a sole focus on business.  It is a world leading professional institute that offers an internationally recognised qualification in management accountancy, focusing on accounting in business, in both the private and public sectors. It is the fastest growing UK based accountancy body, in terms of members, in both the UK and worldwide and is the voice of over 85,000 students and 65,000 members in 158 countries.  CIMA is responsible for the education and training of management accountants who work in industry, commerce and not-for-profit and has more members in the public sector than any other UK based body.  CIMA prides itself on the commercial relevance of its syllabus, which is in tune with the activities of high performance organisations, and evolves continually to reflect the latest developments in global business.  It is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.  For more information about CIMA, please visit http://www.cimaglobal.com/
2. For further information on attending the free roadshows please contact:
   Sri Lanka (Colombo) 29 September – vasabha.weerasinghe@cimaglobal.com; colombo@cimaglobal.com
   Singapore 16 October – singapore@cimaglobal.com
   Malaysia (Kuala Lumpur) 17 October – s.saraswathy@cimaglobal.com or low.siuping@cimaglobal.com
   Malaysia (Penang) 18 October – penang@cimaglobal.com
   South Africa (Cape Town) 31 October – tsholofelo.dihutso@cimaglobal.com
   South Africa (Durban) 2 November - tsholofelo.dihutso@cimaglobal.com
   South Africa (Johannesburg) 7 November - tsholofelo.dihutso@cimaglobal.com

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