Stellenbosch University's School of Accountancy has secured multiple awards at the second edition of the Chartered Institute of Management Accountants (CIMA) Excellence Awards during a virtual ceremony on 10 December 2021.
Sponsored by the Association of International Certified Professional Accountants, the global accounting organisation representing CIMA and the American Institute of CPAs (AICPA), the annual CIMA Excellence Awards recognise institutions and individuals across the world going above and beyond to shape the next generation of Chartered Global Management Accountants (CGMA) and lead the accounting profession into the future.
The School of Accountancy was awarded a Regional High Distinction (Africa) in two categories: the CIMA Prize-Winner Award and the CIMA Global Excellence Award. The CIMA Prize-Winner Award recognises university partners that trained top-performing CIMA students in case study exams in August and November 2020 and February and May 2021. SU had eight top students during these exams. The CIMA Global Excellence Award recognises university partners that achieved the highest pass rates above the global average over a 12 month period (1 Sept 2020 to 31 Aug 2021) for CIMA exams.
This puts the School of Accountancy on par with other prestigious universities globally that have also received multiple CIMA excellence awards, such as the University of Nottingham and the University of Manchester in the UK.
SU's School of Accountancy's CIMA programme not only focuses on accounting knowledge, but prepares students for a career in business. It teaches skills for strategic advice, managing risk and making key decisions.
Mr Roelof Baard, Senior Lecturer and leader of the BComHons (Management Accounting) programme at the School of Accountancy, said: “We, as the School of Accountancy at Stellenbosch University, are truly honoured to have been awarded multiple CIMA Excellence Awards for 2021. We are proud to be associated with CIMA and look forward to continuing working with the organisation in the future. We are grateful for the recognition that we have received for a programme that has long been part of the School of Accountancy. These awards confirm that we deliver high quality students not just in passing the CIMA exams but also for the workplace."
Mr Andrew Harding, chief executive of Management Accounting at CIMA, commented: “It is an honour to recognise and celebrate those who have demonstrated remarkable commitment to their students and the accounting profession in the past year. All our winners and nominees are doing incredible work to help future generations realise their potential and give their career a head start. We are proud to call you our partners and truly appreciate your support."
More than 400 nominations from educational institutions and individuals were submitted this year for consideration in four categories CIMA Teaching Excellence Award, CIMA Research Excellence Award, CIMA Campus Culture Excellence Award and CIMA Employability Excellence Award. In addition, a central award committee selected winners for the CIMA Prize-Winner Excellence Award, CIMA Global Excellence Award, and CGMA Campus of the Year Award based on CIMA exam performance in 2020 and 2021.
Founded in 1919, CIMA is the world's leading and largest professional body of management accountants. As part of the Association of International Certified Professional Accountants (AICPA), CIMA and its members and students operate in 192 countries and territories, working at the heart of business — in industry, commerce, the public sector and not-for-profit organisations.
CIMA works closely with employers and sponsors leading-edge research, constantly updating its professional qualification and professional experience requirements to ensure it remains the employer's choice when recruiting financially trained business leaders.
- Photo on the right: Mr Roelof Baard, Senior Lecturer and leader of the BComHons (Management Accounting) programme at SU's School of Accountancy.