NEW COMPETITION TO FIND SEA BEST YOUNG BUSINESS MANAGERS

KUALA LUMPUR, April 6 (Bernama) -- Teams of managers from companies across South East Asia are set to battle it out in a new competition designed to test their business acumen.

The Corporate Business Leaders’ Challenge, organised by the Association of International Certified Professional Accountants (the Association), was launched in Kuala Lumpur on March 30 with the first teams due to compete in October this year, a Chartered Institute of Management Accountants (CIMA) statement said.

Companies will nominate teams of four managers with an accounting, finance and business related job scope. The managers will be sent a business case study. They will then present their responses on the case study in front of a team of judges before sitting for the case study exam in November.

The judges will mark each team against competitors from South East Asia, Sri Lanka, Gulf Cooperation Council (GCC) states and India.

As the case study forms part of the Chartered Global Management Accountant (CGMA) qualification, entrants are encouraged to continue with the course and become a CGMA.

Launching the competition in Kuala Lumpur, Venkkat Ramanan, the Association’s Regional Vice President for Asia Pacific, said: “The Corporate Business Leaders’ Challenge is a completely new type of competition, combining teamwork, vocational study, and a live-judged presentation.

"The aim is to help identify all-round business leaders who have the intelligence, communication skills and ability to withstand pressure needed to drive companies forward. We are looking forward to the first round of entrants.”

Ramanan was speaking at the first members’ meeting of the newly-formed Association of International Certified Professional Accountants.

The Association, formed by the American Institute of CPAs and the Chartered Institute of Management Accountants, was created in January 2017 with a mission to power opportunity, trust and prosperity around the world. Barry Melancon, the Association's CEO; and Andrew Harding, the Association's Chief Executive - Management Accounting, attended the meeting. 

-- BERNAMA