So much of the focus today is on ACA and ACCA and this is understandable in an atmosphere where auditing, corporate governance and money laundering etc. are at the forefront. However there are other forms of accounting which seem to be taking a back seat and these include management accounting which of course relates to ACMA qualifications.
Management accountants are the life blood of so many organisations and the training for them is vital. A combined degree in management and accounting is a sound start, as is a degree in pure accounting.
Understanding costing as well as management accounting is also vital and it seems to me that the private business schools are well set up for this but the standard universities are somewhat lacking.
The training for this can be done in many work places but if we are to rebuild manufacturing in this country this class of accountant is vital.
I would appreciate people’s thoughts or experiences relative to this qualification as I fear it is being left out of many discussions.