The legislative process for an Act of the Institute changed the name of the Institute from Institute of Cost and Management Accountants to Chartered Institute of Cost and Management Accountants.

The Bill for an Act for the establishments of Chartered Institute of Cost and Management Accountants has been passed by the two chambers of the National Assembly and is awaiting Presidential assent.

See documents attached:

CICMA IS FULLY ACCREDITED BY THE AMERICAN COUNCIL OF TRAINING AND DEVELOPMENT

The Chartered Institute of Cost and Management Accountants (CICMA) is accredited by The American Council of Training and Development (ACTD). This certified that the Institute’s training programs complies with required standards and the accreditation for the program certificates is granted. ACTD institutions accreditation aims to prove that the institution has met the international standards set by ACTD, leading to an increase in the credibility of its training programs.

ACTD is an independent board established in the United States of America that issued a license certificate from the Secretary of State of New Jersey. It provides training development, training programs, supervision of courses and professional programs, accreditation and evaluation service for training institutions and trainers worldwide.