CMA Canada

CMA Canada
Athabasca University Faculty of Business

Athabasca University Faculty of Business

September 13, 2011 16:39 ET

Athabasca University's Faculty of Business Bachelor of Commerce-Accounting Major Program Accredited by Certified Management Accountants of Canada (CMA Canada)

ATHABASCA, ALBERTA--(Marketwire - Sept. 13, 2011) - Certified Management Accountants of Canada (CMA Canada), the world leader in shaping strategic management accounting® professionals to lead successful enterprises in the global marketplace has awarded, for a five-year period, the accreditation of the Bachelor of Commerce – Accounting Major program at Athabasca University's Faculty of Business.

CMA Canada accredits programs at leading academic institutions which provide complete coverage of the CMA® Competency Map Entrance Requirements, equipping students with in-depth knowledge and skills in management accounting, financial accounting, financial management and taxation, strategic management, and risk management and governance. These skills are required for mastering the advanced concepts covered in the CMA Strategic Leadership Program™, leading to the prestigious CMA designation.

Beginning in 2000, CMA Canada implemented an accreditation process to recognize institutions that offer quality educational programs according to prescribed standards. The CMA accreditation program offers academic institutions a measurement process that is based on self-evaluation coupled with evaluation by CMA Canada.

"Through the CMA accreditation process, we are increasing the pool of qualified graduates who are able to enter the CMA Strategic Leadership Program™ directly from academic institutions, thus helping achieve quality growth in the management accounting profession. In addition, accrediting programs enables CMA Canada and academic institutions to work together to enhance the development of management accounting knowledge and practices in the global marketplace," said Joy Thomas, MBA, FCMA, C.Dir., President and CEO, CMA Canada.

Athabasca University is among an exclusive group of academic institutions across Canada to have an undergraduate accounting program accredited by CMA Canada.

"CMA Canada's accreditation of the Bachelor of Commerce – Accounting Major program, not only affirms the calibre of this program, but also speaks to the growing recognition of quality online business courses and programs such as ours. This is another milestone in our productive and mutually beneficial partnership with CMA Canada," said Dr. Alex Kondra, Dean of the Faculty of Business.

Students who successfully complete the Bachelor of Commerce – Accounting Major program with a minimum grade point average of 75 per cent are exempt from writing the CMA Entrance Examination. This select group of students will enter directly into the Strategic Leadership Program™, the final step required to obtain the CMA designation.

"CMA Alberta is excited to partner with Canada's first accredited online program," says Kara Mitchelmore, FCMA, President and CEO of CMA Alberta. "CMA Canada conducts a rigorous accreditation process to recognize institutions delivering high standards in management accounting. With its quality instruction and flexible learning options, Athabasca University is a perfect fit and we look forward to many years of successful collaboration."

About Certified Management Accountants of Canada (CMA Canada)

With 50,000 members around the world, CMA Canada grants a professional designation in strategic management accounting® and is responsible for standards-setting, accreditation, and the continuing professional development of Certified Management Accountants (CMAs). CMAs provide an integrating perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term competitive advantage. To optimize the performance of global enterprises and build strategic management accounting skills, CMA Canada offers innovative executive development programs, advanced online courses, and internationally recognized knowledge management publications. For more information, visit

About Athabasca University's Faculty of Business

Athabasca University's (AU's) Faculty of Business offers the full range of academic business and management programs—all delivered online using the latest technologies for learning. From individual courses, to certificate and diploma programs, bachelor's, master's and doctoral degree programs, the Faculty of Business serves over 13,000 students across Canada and the world. In 1994, AU launched the world's first online Executive MBA program which has grown to become Canada's largest Executive MBA. In 2009, AU introduced Canada's first online Doctor of Business Administration (DBA) program. Athabasca University is one of Alberta's four publicly funded, comprehensive, research intensive universities, and is accredited in the United States through the Middle States Commission on Higher Education (MSCHE), one of six regional accreditation bodies in the United States.

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