The Dubai Quality Group (DQG) and the Chartered Institute of Management Accountants (CIMA) signed a memorandum of understanding (MoU) on Monday. Through this agreement, both DQG and CIMA will be closely involved in organising joint professional development events for business and finance professionals in the region. This agreement marks a major step forward in providing a platform to support their professional growth needs in tune with globally accepted standards. CIMA equips business pioneers around the world with the skills to achieve exceptional results at their workplace. Commenting on the partnership, Saleh Ahmed Janeeh, Chairman, DQG, said: “Finance is a core part of the effective running of an organisation and therefore teams must stay updated through regular training and development. CIMA offers the most appropriate business and finance qualification and we are confident that students and professionals will take advantage of these courses to hone their skills and broaden their knowledge.” Geetu Ahuja, Head of GCC CIMA, added: “As the world’s leading and largest professional body of management accountants, CIMA offers a wide range of globally relevant qualifications from courses in performance management to Islamic Finance that are customised and relevant to the local business environment. This agreement will help raise awareness on the standard of training available in the region.” The dubai Quality Group was set up as a non-profit organisation by the Dubai Department of Economic Development. Formed in February 1994, DQG has since grown to include more than 75,000 individuals representing over 380 prominent organisations from both the private and the public sectors. The Group offers many programmes throughout the year with the objective of improving Quality of Service among its member organisations. It organises various activities aimed at developing the professional and managerial expertise of the business community. The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with 195,000 members and students operating in 183 countries, working at the heart of business. CIMA is also proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance. Recently, to further raise the profession of management accounting, CIMA and AICPA (American Institute of Certified Public Accountants), two of the world’s most prestigious accounting bodies, formed a joint-venture to establish the CGMA (Chartered Global Management Accountant) designation.   From:Gulftoday