Accounting excellence - CMA Canada accredits Alberta B.Comm. Accounting program

    EDMONTON, March 7 /CNW/ - A special luncheon was held on the University
of Alberta campus today at the Alberta School of Business' Stollery Executive
Development Centre to celebrate CMA Canada's accreditation of the University
of Alberta School of Business' accounting major in the Bachelor of Commerce
    CMA Canada is the first professional accounting organization in North
America to accredit programs at leading universities. These programs, which
provide complete coverage of the CMA Competency Map Entrance Requirements,
equip students with in-depth knowledge and skills in management accounting,
financial accounting, financial management and taxation, strategic management,
and risk management and governance. This is required for mastering the
advanced concepts covered in CMA Canada's Strategic Leadership Program,
leading to the prestigious CMA designation.
    "The success of the University of Alberta's B.Comm. program in meeting
the demanding accreditation requirements set out by CMA Canada is a testament
to the Alberta School of Business," said Steve Vieweg, CMA, FCMA, President
and CEO of CMA Canada. "The program offers innovative approaches to course
design and delivery, supported by outstanding faculty resources, effective
evaluation of student performance, and a commitment to continuing quality
    Vieweg confirmed that the University of Alberta is the first in the
province to be accredited and joins an exclusive group. He said the University
of Alberta's School of Business is committed to meeting marketplace
expectations in a globally competitive environment.
    "To achieve this, the university is offering programs and research that
will equip students with the knowledge and skills required to meet the needs
of employers, while enabling them to have successful careers," said Vieweg.
"It enhances the stature of the University of Alberta, making it attractive to
students with many competitive choices."
    U of A students who successfully complete the accounting major of the
Bachelor of Commerce program with a minimum grade point average of 75% are
exempted from writing the CMA Entrance Examination. This select group of
students will enter directly into the Strategic Leadership Program, the last
step required to obtain the CMA designation.
    "Accounting excellence in teaching and research throughout our 90-year
history is why we were the first accredited business school in Canada by the
AACSB and why we remain one of the best in Canada," said Dr Mike Percy,
Stanley A Milner Professor and Dean of the Alberta School of Business. He
adds: "Our longstanding partnership with CMA Alberta and CMA Canada has been
mutually beneficial."
    Accreditation by CMA Canada offers universities a measurement process
that is based on self-evaluation and peer review, coupled with external
evaluation by CMA Canada. As a result, universities are able to contribute to
the accreditation process.
    "The accreditation relationship between universities and CMA Canada is
based on cooperation and mutual respect, assuring universities that the
results are objective and credible," said Joy Thomas, CMA, FCMA, President and
CEO of CMA Alberta. "The intent of CMA Canada accreditation is not to produce
a standardized accounting or business curriculum. Instead, we encourage
universities to adopt diverse approaches to course design and delivery, since
innovation is considered indicative of a commitment to continuous improvement
and a key component to graduate success."

    About CMA Canada

    With more than 38,000 certified members around the world, CMA Canada
grants a professional designation in strategic management accounting(TM) and
is responsible for standards-setting, accreditation and the continuing
professional development of CMAs. CMAs provide an integrating perspective to
business decision making, applying advanced management practices in strategic
planning, finance, operations, sales and marketing, information technology,
and human resources 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(TM) skills, CMA Canada offers innovative
executive development programs, advanced on-line courses, and internationally
recognized knowledge management publications. For more information, visit
    For more information on CMA Alberta, please visit:

    About the University of Alberta School of Business

    With its focus on being one of the best business schools in the world,
the University of Alberta School of Business continues to achieve new heights
in research, teaching and community service. The results are obvious, a vital
business school determined to make its mark in the world - engaging world
class students and faculty, developing bold new business and management
solutions and shaping policy decisions globally.

For further information:

For further information: Media contacts: Shannon Pestun, Director,
Marketing and Communications, CMA Alberta, Tel. (403) 560-4885, E-Mail:, Web:; Karen Baird, External
Relations, University of Alberta School of Business, Tel. (780) 492-8695,
E-Mail:, Web:; David
Fletcher, Vice President, Public Affairs, CMA Canada, Tel. (905) 949-3106,
E-Mail:, Web:

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