CIMA, PICPA, and PAMA renew MoU to empower Filipino accountants with global opportunities
The Chartered Institute of Management Accountants (CIMA), Philippine Institute of Certified Public Accountants (PICPA), and Philippine Association of Management Accountants (PAMA) have renewed their Memorandum of Understanding (MoU) for another three years, reinforcing their commitment to nurturing globally competitive Filipino finance professionals.
The agreement continues to offer PICPA members a direct pathway to CIMA membership, subject to passing the CGMA Professional Qualification Strategic Case Study Exam and fulfilling the required practical experience criteria. PAMA will remain the key partner in the Philippines, facilitating local implementation, registration, and candidate support.
This initiative has helped unlock a wealth of new opportunities in accounting, business, and finance sectors across the country, while giving Philippine employers access to internationally qualified talent.
Expanding global access for Filipino finance professionals
“The renewal of this tripartite agreement with PICPA and PAMA recognises the expertise of finance professionals in the Philippines and supports their aspirations to gain the CGMA designation,” said Saritha Subramaniam, Regional Director – SEA Markets at CIMA.
“It empowers professionals with greater access to global opportunities and reinforces our commitment to advancing the accounting and finance profession in the country,” she added.
Fostering innovation and global standards
PICPA President Atty. Roland Pondoc (FY 2024–2025) emphasized how the collaboration supports both local and international standards: “The collaboration with CIMA enables us to integrate global standards while fostering local innovation, ensuring that our Filipino accountants continue to keep up and lead in both the global and local arenas.”
Leadership-ready Filipino talent
PAMA President Ranulfo Sanchez highlighted the value of the CGMA credential as a tool for career development: “The CGMA designation is more than just a credential. It is a valuable opportunity to develop future-ready Filipino accounting and finance professionals with cutting-edge management accounting knowledge to lead and make meaningful impact both locally and globally.”
The renewal of this strategic partnership further cements the Philippines’ place on the global accounting map and aligns the country’s professionals with international standards of excellence in management accounting.
