Initially established as "Society of Certified Management Accountants of Sri Lanka" in 2000, the Institute of Certified Management Accountants of Sri Lanka is based on the guidelines of international accounting bodies such as the Society of Management Accountants of Canada, the Institute of Management Accountants (IMA) of USA, the International Federation of Accountants (IFAC) which is the World Body for Accountants and the Regional Management Accounting Bodies. The institute was established to achieve parity with India, Pakistan and Bangladesh, all of which have their National Management Accounting bodies. The CMA qualification is a globally recognized professional qualification, open to all who wish to become Professional Management Accountants. The qualification specializes in Strategic Management Accounting, focusing on the future of a business and not the past. CMAs earn their professional designation through a rigorous and highly specialized accreditation process.
