UAE signs deal to help advance Emirati accounting, finance professionals

The UAE Ministry of Finance (MoF) has signed an agreement with the Institute of Management Accountants (IMA) to help prepare national employees for the Certified Management Accountant (CMA) and Financial and Managerial Accounting Associate (FMAA) certifications. 

Under the agreement, advanced training programmes leading to the CMA and FMAA certifications will be offered, enhancing the development of national professional talent in the financial and accounting sector and reinforcing excellence in institutional performance.

It aims to establish a comprehensive framework of cooperation between MoF and IMA in the fields of accounting, financial management, and business development, leveraging IMA’s expertise and specialised programmes to qualify accountants and financial professionals within the Ministry and across federal government entities.

The two sides will also work together to organise specialised professional events, including conferences, seminars, workshops, forums and round tables, aimed at bolstering ongoing professional development efforts for accounting and financial management professionals across the country.

The Undersecretary of the Ministry of Finance, Younis Haji AlKhoori, said the new partnership will support the Ministry’s strategy aimed at bringing about a paradigm shift in the development of national financial talent, reinforcing leadership in public finance and sustainable development. 

The deal builds on previous initiatives to develop national talent that helped qualify over 145 Emirati employees in collaboration with other international associations in the areas of accounting standards, public finance and financial sustainability.