New government financial management and accounting program boosts
strategic management skills for public sector leadership
TORONTO, Nov. 20 /CNW/ - Certified Management Accountants of Ontario (CMA
Ontario) is pleased to announce the first graduating class of its new Ottawa
region Certified Management Accountant/Chartered Public Finance Accountant
(CMA/CPFA) dual designation program.
The CMA-CPFA designation is designed to assist the federal Office of the
Controller General in meeting recently tightened public sector financial
management goals and objectives through greater emphasis on financial
Participants in the first graduating class and in an earlier pilot
program, have come from a wide breadth of government departments and agencies:
the Department of National Defense; Canada Revenue Agency; Public Works; Human
Resources and Social Development; Citizenship and Immigration Canada.
"I found the CMA-CPFA program to be a well-rounded curriculum that
provided a solid foundation for public sector executives," said Andrew
Francis, CMA MBA CPFA, Director, Office of the Comptroller General, Treasury
Board of Canada. "The insight and perspective I gained from the program was
well worth my time commitment. I have received a promotion since completing
the program, and I believe this is due in part to my increased expertise and
new dual designation."
Graduates of the CMA/CPFA designation possess improved financial
management and accountability skills and knowledge - key requirements for both
the success of the Government of Canada's commitment to strengthen federal
financial management (a key focus of the new federal Accountability Act), and
the growing use of the CFO model within the public sector.
"The CMA/CPFA program adds the public service perspective to the skills
acquired in the CMA program," said Jacques Tremblay, CMA, CPFA, Regional
Director, Marketing and Communications of CMA Ontario. "In a
multiple-stakeholder environment, with conflicting goals, it is essential to
determine the key drivers for the public service sector in order to put the
organization/department's strategy in place and ensure the taxpayer gets
maximum value for his contribution."
The Ottawa program was developed by CMA Ontario in cooperation with the
Chartered Institute of Public Finance and Accountancy (CIPFA), a
world-leading, UK-based professional accounting body, and the only one
specialized in public sector finance management and accountancy issues. The
program is based on the three pillars of CMA foundation knowledge - strategy,
accounting and management, and is specifically adapted to public service
sector practices. The additional content of the CPFA includes: 1) governance
and public policy 2) public finance 3) audit and assurance 4) financial and
For more information www.cma-ontario.org/applycpfa. The next CMA-CPFA
course in Ottawa begins December 8th, 2007.
About CMA Ontario
Certified Management Accountants of Ontario is a self-governing
professional organization that awards the Certified Management Accountant
(CMA) designation to qualified candidates in Ontario. With 16,000 certified
and 4,000 student members, CMA Ontario is an integral part of a profession
that is 47,000 members strong across Canada and around the world. The leaders
in Strategic Management Accounting, CMAs adhere to a strict code of ethics and
rigorous standards to uphold the protection of public interest.
For further information:
For further information: about CMA Ontario contact: Sharon Armstrong,
Vice President, Marketing and Communications, CMA Ontario, Direct: (416)
204-3118, Cell: (416) 885-8073, firstname.lastname@example.org; or Rick Hall,
Principal, RICK HALL PR, Direct: (416) 967-0751, Cell: (647) 219-0691,