CIMA and IoD join together to create the Diploma in Company Direction

04 May 2005

The on-going debate about corporate governance has meant that companies need to ensure directors ' both executive and non-executive ' understand and comply with the law. It is vital they are up-to-date with best practice and current business thinking.

Against this background, the Chartered Institute of Management Accountants (CIMA) and the Institute of Directors (IoD) have joined forces to create the IoD/CIMA Diploma in Company Direction. The programme reflects the issues and concerns facing CIMA members today. It covers aspects of corporate governance, directors' responsibilities, and strategy on how to improve business performance. The programme provides delegates with an excellent opportunity to meet, network, and learn from their peers in other organisations. Successful completion of this Diploma can lead to the IoD's professional qualification, Chartered Director, which demonstrates the ultimate in directorial professionalism.

Commenting on this new initiative, CIMA President, Professor Roland Kaye, said 'This is an excellent and unique partnership between CIMA and the IoD to deliver the highest quality of applied training for existing and aspiring directors.'

For further information about this Diploma, please visit www.cimaglobal.com/iod

For further information, please contact:

Steven Hilton
Press Officer
020 8849 2427
steven.hilton@cimaglobal.com

Notes to editors

1. CIMA (the Chartered Institute of Management Accountants) is a leading professional body that offers an internationally recognised qualification in management accountancy, focussing on accounting in business. It is the fastest growing UK based membership body, in terms of members, in both the UK and worldwide and is the voice of over 85,000 students and 65,000 members in 156 countries. CIMA is responsible for the education and training of management accountants who work in industry, commerce and not-for-profit and has more members in the public sector than any other UK based body. CIMA prides itself on the commercial relevance of its syllabus, which is in tune with the activities of high performance organisations, and evolves continually reflecting the latest developments in global business. It is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.

2. The Diploma in Company Direction commences in July 2005 and covers eight modules and one Diploma Examination:

• The Role of the Company Director and the Board
• The Director and the Law
• Strategic Business Direction
• Finance for Non-Financial Directors
• Effective Marketing Strategies
• People Mean Business
• Effective Board Decision Making
• Leading and Directing Change
• Diploma Examination