Institute news
2019 elections to CIMA Council
Newly elected members
The following members have been elected for their first term as Members of Council, to serve from the close of the Annual General Meeting on 7 June 2019 until the close of the Annual General Meeting in 2022:
Suresh Perera — South Asia constituency (EC14)
Paul Wilhelmij — Europe, North Africa, and Middle East constituency (EC17)
Stephen Milne — Scotland constituency (EC7) — has been elected for his first term as a Member of Council, to serve from January 2019 to the close of the Annual General Meeting in 2020.
Re-elected members
The following members have been re-elected to serve for another term on Council from the close of the Annual General Meeting on 7 June 2019 until the close of the Annual General Meeting in 2022:
James Owen — Central London and North Thames constituency (EC1)
David Johnson — South West England and South Wales constituency (EC2)
Michael Lowney — East Midlands and East Anglia constituency (EC3)
Nicholas Jessett — West Midlands constituency (EC4)
Nick Davison — North East England constituency (EC5)
John Graham — North West England and North Wales constituency (EC6)
Patrick Barr — Northern Ireland constituency (EC8)
Louise Connaughton — Republic of Ireland constituency (EC9)
Stuart Wayment — Central Southern England constituency (EC11)
Aidan Goddard — North Asia constituency (EC15)
Francis Chan — South East Asia constituency (EC16)
Martin Saxton — The Americas constituency (EC18)
Yolanda Don-Pierrot — East, West Central, and Southern Africa constituency (EC10) — has been re-elected to serve for another term on Council from the close of the Annual General Meeting on 7 June 2019 until the close of the Annual General Meeting in 2020.
Start logging your CPD now
Please familiarise yourself with the Competency and Learning website and start logging your CPD now. This will make it easier for you to keep track of your achievements and submit your record to CIMA when requested.
CPD will remain output-based and continue to place an emphasis on the benefits of each activity. By using the Competency and Learning website, you can be sure that you are completing the six steps of the CIMA Professional Development Cycle.
Download the guide to using the Competency and Learning website at cimaglobal.com or visit the Competency and Learning website at competency.cgma.org.
If you have any queries, please contact cima.contact@aicpa-cima.com.
The A to E of finance
Finance professionals need to be digitally agile. In the Association's Future of Finance research, the immediate need for members to acquire new competencies emerged as a main theme.
The "A to E" of finance — automation, blockchain, cybersecurity, data, and everything else that surrounds them — are redefining today's businesses. To help CIMA members grapple with rapid digitisation and navigate the future of finance, paid and free CGMA learning, research, and other resources are available at cimaglobal.com.
CIMA president's visit to Africa
CIMA president Steven Swientozielskyj made a one-week visit to Africa in March. His first stop was Botswana, where meetings included one with the country's first lady, Neo Masisi, FCMA, CGMA, for a wide-ranging discussion.
In Zambia, in addition to meeting CIMA members and Association employees, the CIMA president visited the Zambia Institute of Chartered Accountants (ZICA), which, he said, was about "developing cordial relationships".
He added: "Africa as a continent is an amazing and dynamic place — full of energy and enthusiasm for the future."
In South Africa he spoke at a CIMA gala dinner in Sandton in the northern province of Gauteng. In Pretoria he was the keynote speaker at the CIMA Gauteng graduation with more than 300 graduates and their guests.
Talking to members and students at events during the visit, Swientozielskyj focused on CIMA's 100-year celebration, digitisation, and the CIMA qualification, and how to remain employable in the future.
UK anti-money laundering guidance
Accountants are key gatekeepers for the financial system, facilitating vital transactions that underpin the UK economy. They have a significant role to play in ensuring their services are not used to further a criminal purpose. As professionals, accountants must act with integrity and uphold the law, and they must not engage in criminal activity.
Anti-Money Laundering Guidance for the Accountancy Sector, available at ccab.org.uk, is a key document by the Consultative Committee of Accountancy Bodies, which provides guidance based on the law and The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. It covers the prevention of money laundering and the countering of terrorist financing. It is intended to be read by anyone who provides audit, accountancy, tax advisory, insolvency, or trust and company services in the UK and has been approved and adopted by the UK accountancy anti-money laundering supervisory bodies.
CPD monitoring
As a member and qualified professional, you are required to undertake CIMA Professional Development. CIMA's CPD scheme provides a framework to help you consider your learning needs, develop a plan to meet your professional development goals, and reflect upon your achievements.
If you are selected to submit your CPD record to CIMA for monitoring, you will be required to do so using the Competency and Learning website at competency.cgma.org. CPD submissions by any other method will not be accepted.
If your employer is part of CIMA's accreditation scheme, you will not be required to submit your record. However, if you are selected for monitoring, please get in touch with the CPD monitoring team to confirm your status.
CIMA India wins 2 education awards
CIMA India won two awards in Mumbai in mid-February. First, in The Innovative Education Leadership Awards it won the Best Global Institute for Accounting and Finance award. It also was the winner of the Excellence in Accounting and Finance Education award, presented during the Making of Developed India conference.