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Axbridge Student Named one of the Best in the World

Somerset ranked student in the top 10 in the world after completing an accounting review.

Mark Jones, 27, was honored by the Institute of Certified Public Accountants (CIMA) for one of his professional exams.

Mark, a student in finance of the Cross, was one of 1,555 people to take the exam and was seventh.

He said: "Getting a CIMA price for my opinion was a great privilege."

Cima E1 Exam Question No 69

Question No 69:

What is product development?
Involves the redesign or repositioninng of existing products or the introduction of completely new ones in order to appeal to existing markets

Krishan Balendra and Gihan Cooray appointed JKH Executive Directors

The senior management of the John Keells Group, Krishan Balendra and Gihan Cooray were appointed Directors of the John Keells Holdings PLC Group (JKH) as of November 5, 2016.


This is in line with succession plans for current directors retiring in 2017 and 2018.


Balendra, which owns 9.65 million shares of JKH, is currently Chairman of the Leisure Industry Group and president of the Trust Bank of the PLC Nations. He joined the Group in 2002 as Director of Corporate Finance and has also served as President of the Distribution Sector in the Consumer Food Industry Group. He was President of the Colombo Stock Exchange and has worked for UBS Warburg in Hong Kong in investment banking and Aitken Spence Corporate Finance in Sri Lanka. He holds a law degree from the University of London and an MBA from INSEAD.

Cooray, which has 139,033 shares of JKH, currently the chairman of the retail sector and is also responsible for the finance functions / Strategy and Treasury Group at John Keells Capital and John Keells Research. He is also a trusted bank director of the PLC Nations.
He has an MBA from Jesse H. Jones Graduate School, Rice University Administration in Houston, Texas and associate member of the Institute of Chartered Institute of Management UK Accountants and a Certified Accountant Management Institute of Certified Management Accountants , Australia.


He earned a degree in marketing from the Chartered Institute of Marketing, UK.
Balendra and Cooray respectively serve in the Ceylon Chamber of Commerce as members of the Main Committee and the Subcommittee.

Chair Named for New AICPA/CIMA Association

Andrew Miskin was named inaugural president of the Professional Association of Certified International, the new world organization accounting created by the American Institute of Certified Public Accountants and the Institute of Management Accountants.

Miskin is currently President of CIMA, which continue to play a role.

Immediately afterwards, the president of the AICPA, Tim Christen, will serve as vice president of inauguration of the new association.

The new partnership was established in early 2017 and should represent more than 650,000 accountants worldwide. It was approved by a vote of the members of the AICPA and CIMA earlier this year (see "AICPA / CIMA Proposal approved in the landslide"). (Http://www.accountingtoday.com/news/firm-profession/aicpacima-proposal-approved-in-landslide-78441-1.html)

The new organization will have a board of directors composed of CPA and CGMA, whether led by the President of CIMA, either by the President of the AICPA on a rotating basis.

"The launch of the Association of Certified International Professional Accountants is an extraordinary step in the evolution of the accounting profession," said Barry Melancon, president and CEO of the AICPA, which will lead the association as CEO. Miskin is the right person to take the helm as its first president. He is a respected exchange with extensive experience in accounting and a commitment to driving quality and value for businesses and economies worldwide agent.

"These are exciting times for our profession days. The technological changes are transforming business models and creating new ways of working, which means that the world of finance and accounting includes new challenges and great opportunities," said Mr. . Miskin. "The association will keep our members at the forefront of market needs, providing knowledge, skills and knowledge to continue to adapt and prosper. I have the honor of being named the first president of the association and play a role in this evolution."

Perkins+Will appoints new finance director for Dubai office

Perkins + Will Ganesh Prabhu appointed as Director of Finance for Dubai office, where I am responsible for the overall financial management of greater business growth through the center of the Middle East.

Announcing the appointment in a statement, Perkins + Will Said Prabhu was CFO Middle Previously East, the international law firm Simmons & Simmons based in Dubai DIFC, which has recently led and completed a restructuring of operations in the Middle East.

Degree in mathematics and a management accountant qualified Chartered Institute of Management Accountants UK and accounting expert GIM (CIMA, UK and CPA, USA), Prabhu holds a degree in Islamic Finance Past CIMA.

I have handled the financial affairs in major international law firms for over 12 years throughout India, Bahrain, Singapore and Dubai, he said, responsible for financial and accounting operations in major transformation projects of the company. Also I have experience in entertainment, hospitality and retail industries.

"I am delighted to join Perkins + Will at a time when the company has experienced, and everything continues to grow at a significant pace in the exciting Middle East market," Prabhu said.

"The study of Dubai began in 2010 with less than 10 people, and now is in September to surpass the 100 mark soon. As Perkins + Will is still based on its award-winning design projects world-renowned and developed in the Middle East, I am delighted to support the study in Dubai, local and regional strategies achieving transparent and efficient manner. "

Dana Waymire, global financial director of Perkins + Will, added: "We are delighted to be part of the office have Ganesh proven and impressive track record in the professional services industry Address Makes perfect package to suit our team.".

CIMA Global Honours Past Ghana Chairman

The Chartered Institute of Management Accountants (CIMA) Global honored its immediate past president of Ghana Address, Mr. Jonas Sowah Quaye, with its highest honor recognition "Plaque of the Institute."

In a Night awards event held in Accra on September 16, Mr. Quaye, Chartered Accountants Management Fellow (FCMA), was recognized for his immeasurable service and invaluable contribution to CIMA Ghana since 2001.

As counter global management letter (CGMA), Mr. Quaye CIMA served on the committee of the branch in various positions, including publicity secretary, vice president, president and chairman.

Before his retirement in 2012, he was past president for two years and also served on the Regional Council for Africa and the African Management Forum in 2011 and the Global Markets Committee the same year.

This "plate" in the name of global CIMA, President of the Steering Committee of Ghana, Mr. Augustine Kessie, highly praised Mr. Quaye and urged all potential holders of offices to imitate his example, saying that the sky is not You should be limited in their aspirations.

citation

The citation accompanying "plate", recognized the role of Mr. Quaye in the development and growth of the CIMA brand in Ghana and tireless efforts for the recognition of the profession of management accounting in Ghana.

He said that through the efforts of Mr. Quaye, the CIMA qualification has been generally recognized by companies and CIMA qualified management accountants positions in key roles in that success going.

acceptance

In accepting the award, Mr. Quaye expressed the happiness of being in CIMA service, saying: "It was a pleasure to return to the profession, service CIMA and see so many young talented accountants come in rows.

Mr. Quaye who is currently the CEO of JOSOQU Investments, a fund of private equity, retired from active service as managing director of Air Ghana in 2011.

 During the first Honors Night event nine players on the 2015 review of CIMA received certificates of recognition; last six finalists were recognized, 15 new members of the Association of Chartered Institute of Management Accountants (ACMAS) and FCMA were recognized as well.