CMA Canada accredits Memorial University's B.Comm. program in Accounting

    ST. JOHN'S, March 25 /CNW/ - A special luncheon will be held on the
Memorial University campus today at 12:00 noon in the RBC Atrium in the
Faculty of Business Administration Building to celebrate CMA Canada's
accreditation of Memorial University's Bachelor of Commerce program in
    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 Memorial University's B.Comm. program in meeting the
demanding accreditation requirements set out by CMA Canada is a testament to
the Memorial's Faculty of Business Administration," 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 education."
    Vieweg confirmed that Memorial is the first university in Atlantic Canada
to be accredited and joins an exclusive group. He said Memorial's Faculty of
Business Administration 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 Memorial University, making it attractive to
students with many competitive choices."
    Memorial students who successfully complete the Bachelor of Commerce
program in Accounting 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.
    "We are delighted that CMA Canada has accredited our Bachelor of Commerce
program in Accounting, because a growing number of our graduates are looking
to pursue the CMA designation," said Gary Gorman, Dean of Memorial
University's Faculty of Business Administration. "This recognition will speed
that process-to the benefit of our graduates and employers alike."
    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 co-operation and mutual respect, assuring universities that the
results are objective and credible," said Mark Bradbury, Executive Director of
CMA Newfoundland & Labrador. "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, please

    About Memorial University

    Memorial is Atlantic Canada's largest university, offering more than
100 degree programs to 17,500 students engaged in full and part-time studies
at the under-graduate and graduate levels. Research at Memorial spans all
disciplines, including science, medicine, arts, social sciences, engineering,
education, and business. For more information, please visit:

For further information:

For further information: Media contacts: Meaghan Whelan, Communications
Co-ordinator, Faculty of Business Administration, Memorial University, Tel:
(709) 737-2616, E-Mail:; David Fletcher, Vice President,
Public Affairs, CMA Canada, Tel. (905) 949-3106, E-Mail:

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