CMA Colombo workshop provides new insights into contemporary management practices
View(s):The Institute of Certified Management Accountants of Australia (ICMA), 2014 Annual Workshop was held last month in Colombo for a group of 60 senior MBA, corporate executives. The programme has helped to contribute new insights to contemporary management accounting practices, according to an ICMA statement.
The first module focused on Strategic Cost Management covering cost management in a lean manufacturing environment, life cycle costing systems, benchmarking, activity based management and customer profitability analysis while the second module focused
Prof Janek Ratnatunga making his presentation .
ontriple bottom line accounting and carbonomics, strategic performance management, financial dimension of international business and pricing strategies, strategic value analysis and corporate radar and early warning systems. The workshop participants included Professional Accountants, Masters Degree holders in Finance and candidates who have completed the Graduate Conversion Programme of ICMA (Australia). The seven days of intensive sessions included lectures, presentations, videos, management games and a number of new case studies introduced this year, making it an exciting and interesting experience for the participants, it said.
The facilitator of the workshop, Prof. Janek Ratnatunga noted that as Sri Lanka is on an upward growth trajectory, the knowledge on cutting edge management practices too are important to build senior management competencies to ensure that these targets are achieved.
Prof. Ratnatunga, PhD (Bradford), MBA, DiP M, FCA, CPA & CMA is a highly qualified academic and an experienced practitioner. He was the Dean and Head of Commerce at the University of South Australia.