CIMA and ICAN Mutual Pathway Agreement

A member of The Chartered Institute of Management Accountants (CIMA), the world’s leading professional body and one of the founding members of the Association of International Certified Professional Accountants, Florian Hartzenberg, ACMA, CGMA, has become the first professional accountant in Namibia to acquire both the Chartered Accountant, Namibia CA(NAM) and Chartered Global Management Accountant (CGMA) designations, following the accounting body’s Mutual Pathway Agreement with Institute of Chartered Accountants of Namibia (ICAN). Tariro Mutizwa, ACMA, CGMA, Regional Vice President Africa, at The Chartered Institute of Management Accountants, said: “CIMA is proud to see its agreement with ICAN come to fruition, Mr Hartzenberg is the first CIMA member to complete ICAN’s APC examination and successfully gain the CA(NAM) designation. I am certain that his achievement will inspire members from ICAN and CIMA who do not hold the dual designations to register for examinations and ultimately qualify for either the CGMA or CA(NAM) designations.”

Fenni Nghikevali, CA(NAM), Chief Executive Officer, at the Institute of Chartered Accountants of Namibia, added: “This is a milestone for the ICAN and CIMA Mutual Pathway Agreement, we are happy to see this collaboration yielding results. Congratulations to Mr Hartzenberg for his outstanding achievement, holding the two designations will distinguish him from his peers and he will enjoy the respect and benefits that come with holding both the CA(NAM) and CGMA designations.” Florian Hartzenberg, ACMA, CGMA, CA(NAM), commented: “I am delighted to call myself a chartered accountant in Namibia, this has always been one of my professional ambitions and I am very happy that it has finally materialised. I could not have achieved without completing CIMA’s CGMA Professional Qualification and earning the CGMA designation. I am grateful to CIMA and ICAN for collaborating to empower finance and accountants in Africa, they have made this professional milestone possible.” The five-year dual designation agreement, which CIMA and ICAN signed 

in February 2023, allows ICAN members to enjoy the benefits of the CGMA designation which sets them apart as having advanced proficiency in finance, operations, strategy, and management. While CIMA members who hold the CA(NAM) designation get to appreciate the premier benefits that come with being part of the leading and reputable accounting professional body in Namibia. Eligible ICAN members looking to acquire the CGMA designation will be exempted from 15 of CIMA’s 16 CGMA examinations and will only need to complete the Strategic Case Study Preparation Course with a registered training provider and the Strategic Case Study Examination, the final milestone of CIMA’s CGMA Professional Qualification. While CIMA members looking to gain the CA(NAM) designation will need to be active holders of the ACMA, FCMA, or CGMA designations and will need to complete an accredited ICAN Professional Programme preparatory course, the ICAN taxation case study and the ICAN Assessment of Professional Competence, the final qualifying examination for Chartered Accountants in Namibia.

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