Chartered Institute of Management Accountants

24 August 2006

CIMA (The Chartered Institute of Management Accountants) formally launched its China representative office in Shanghai yesterday (23 August 2006). CIMA is the only international accountancy body with a sole focus on business.  As a world leading professional institute, CIMA offers an internationally recognised qualification in management accountancy, focusing on accounting in business for both the private and public sectors. Founded in 1919, CIMA now has over 155,000 members and students in 158 countries.

CIMA started working in China a couple of years ago and since the day of entry has been growing steadily.  CIMA has already established exam centres in Shanghai, Beijing and Guangzhou to meet customer demand. 

Kathy Grimshaw, Director of International Development at CIMA, addressed the audience at the opening ceremony. Kathy said “A rapidly growing pool of CIMA professionals here will not only help support China’s decision to move towards the adoption of International Accounting Standards and strengthen the corporate governance framework, but will deliver Chartered Management Accountants to contribute to China's business performance and international competitiveness.”

Sue Bishop, British Consulate General in Shanghai, and Dr. Xinghai Fang, Deputy Director-General, Financial Services Office of Shanghai Municipal Government, were present at the ceremony and officially opened the office. Sue Bishop said, “Today’s event marks another important milestone - and I am confident therefore that the deepening UK-China relationship will continue to grow from strength to strength. I wish CIMA, and all current and future generations of CIMA qualified professionals in China, every success.”

Dr. Fang also extended his good wishes to CIMA. He said, “The expansion of the CIMA presence in China into a full Representative Office will be welcomed by the business and wider community, especially here in Shanghai.”

For further information, 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/

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