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The World Bank's finance and accounting employees will be getting training in accountancy qualification from the CIMA (Chartered Institute of Management Accountants), a UK-based accountancy body.

With the CIMA training agreement, World Bank's Resource Management (RM) function, which performs the financial and management accounting role at the bank, will complement its existing suite of qualifications and training options.

"The Resource Management (RM) function has a crucial role in making 'every dollar count for the poor' as we support the bank in maximising its development impact in client countries," says Fayezul Choudhury, vice president, corporate finance and risk at the World Bank. "This obviously requires finance and accounting professionals that are adept at partnering with operational units and supporting them with decision relevant information and advice."

According to Choudhury, the Quality Training Partner initiative complements a wider effort in further strengthening competencies in the RM community and will serve as a useful benchmark in ensuring that trainees will be equipped with cutting edge management accounting skills and knowledge.
 

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