CMA signs MOU with Dialog Axiata as an Accredited Practical Training Partner
Institute of Certified Management Accountants of Sri Lanka (CMA) and Dialog Axiata have signed an MOU certifying Dialogto act as an accredited practical training organization for CMA students. This MOU will provide CMA students an opportunity to obtain practical training in the Management Accounting & Finance field from a recognized business organization which will give them a foundation to progress in their career, and obtain their membership. The President of CMA Sri Lanka Prof. Lakshman R. Watawala presents the accredited training Partner certificate to Mr. Lasantha Theverapperuma – Head of Business Telecommunications and Senior General Manager of Dialog Axiata PLC. M.B. Ismail-Vice President-CMA, Ms. Sumudu Pagoda Director – Operations of CMA are also present The CMA practical experience component is an essential part of the CMA program and has been developed in accordance with the International Standards of the International Federation of Accountants (IFAC), the world body for Professional Accountants operating to meet the growing demands of competitive organizations at both national and international levels. CMA was set up in 2000, with the technical assistance of CMA - Canada and was based on the guidelines of the international accounting bodies the Institute of Management Accountants of USA, the International Federation of Accountants (IFAC), which is the world body for Accountants and the Management Accountants of the South Asian Federation of Accountants (SAFA). CMA was incorporated by the Act of Parliament No. 23 of 2009 and this created history in the accounting world, when after 50 years since the incorporation of the Chartered Institute; a new professional Management Accounting Body was incorporated and given government recognition. CMA is now a member of the South Asian Federation of Accountants (SAFA) and a Member of International Federation of Accountants (IFAC). CMA has over 18500 students and 2300 members. Dialog Axiata PLC, is a subsidiary of Axiata Group Berhad (Axiata), operates Sri Lanka’s largest and fastest growing mobile telecommunications network. The Company is also one of the largest listed companies on the Colombo Stock Exchange in terms of market capitalisation. Dialog is also Sri Lanka’s largest Foreign Direct Investor (FDI) with investments totaling over USD 1.7 billion. The Company delivers advanced mobile telephony and high-speed mobile broadband services to a subscriber base in excess of 8.7 Million Sri Lankans, via 2.5G and 3G/3.5G and 4G networks. In April 2013, the company secured the distinction of becoming the first service provider in South Asia to launch mobile 4G FD-LTE services. The company was also the first service provider in South Asia to launch 3G services in 2006. DBN, a fully-owned subsidy of Dialog Axiata PLC is Sri Lanka’s second largest Fixed Telecommunications provider. DTV, a Direct-to-Home Digital Satellite TV service, another subsidy of Dialog is the market leader in Sri Lanka’s Pay TV sector.