PRESS RELEASES
April 2008
SIDC, ICAEW and CICA collaborate to offer corporate finance programme
First outside of the UK and Canada to provide the prestigious CF Qualification training
From left to right:
Anthony Dass, Head of Training, Securities Industry Development Corporation
John Zinkin, Chienf Executive Officer, Securities Industry Development Corporation
Dr. Raymond Madden, Executive Director, Learning & Prefessional Development, ICAEW
YBhg. Dato' Gan Ah Tee, Managing Partner, BDP Binder Malaysia
Kuala Lumpur, 22 April 2008 – The Securities Industry Development Corporation (SIDC) today announced a collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) and the Canadian Institute of Chartered Accountants (CICA). The SIDC will become the first Corporate Finance Qualification (CF) programme provider outside the United Kingdom and Canada.
The CF qualification, jointly developed by the ICAEW and the CICA, is fast becoming recognised as the benchmark of success in the field of corporate finance. The programme combines comprehensive technical knowledge and skills with practical application and high level strategy to help corporate finance professionals accelerate professional development.
Speaking at the launch, CEO of SIDC, John Zinkin said, “I am pleased that SIDC, which has just celebrated its first anniversary, will be working with the Institute of Chartered Accountants in England and Wales (ICAEW) – one of the oldest professional accountancy bodies with over 132,000 members in more than 160 countries and with CICA, Canada’s premier accounting body, recognized internationally for its high quality education programs.
“This is another step for the SIDC towards being internationally recognised as the leading Asian training and development provider for capital markets.
“The Corporate Finance qualification is important, because offers a stimulating and challenging learning experience that provides the accelerated development and immediately demonstrable skills required by this fast-moving industry,” added Zinkin.
Dr. Raymond Madden, Executive Director, Learning & Professional Development, ICAEW, said, “The unique collaboration between SIDC, ICAEW and CICA provides the Malaysia market with an important strategic alliance allowing programme participants to draw on the wealth of thought leadership in corporate finance available from both ICAEW and CICA.
“The Certificate stage focuses on local Malaysian regulatory requirements and the ethical foundations of corporate finance,” added Madden. “The Diploma stage delivers the core technical and analytical skills whilst the Advanced Diploma incorporates high level corporate finance strategy building on the lead coordination practices and techniques.”
Tim Forristal, Vice President Education, CICA, said, “This prestigious qualification is recognised throughout the world. Successful completion of its graduated process allows members to use the designatory letters ‘CF’”. There are currently more than 1,000 CFs across 50 countries worldwide.”
The CF qualification is open to all aspiring, established and ambitious corporate finance professionals, irrespective of the professional qualifications and memberships they may currently hold.
Participants are welcome from all sectors of the corporate finance industry. Recent participants have come from a variety of backgrounds including banking, accountancy, law, private equity and consulting.
For more information on CF qualification, please contact SIDC at +60-3 6204 8397/ 8753 (Ms. Sri Devi/Ms. Kruthiga) or email to sidc@sidc.com.my.
About SIDC (www.sidc.com.my)
The Securities Industry Development Corporation, incorporated in March 2007, is the leading capital market education, training and information resource in ASEAN. Formerly the training and development arm of the Malaysian Securities Commission established in July 1994, it was known as the Securities Industry Development Centre. The SIDC’s objective is to create investor awareness; raise professional standards; and enhance skills of Malaysian capital market participants, as well as training and developing Malaysian and emerging market regulators.
About ICAEW (www.icaew.com)
As a world leading professional accountancy body, the Institute of Chartered Accountants in England and Wales (ICAEW) provides leadership and practical support to over 130,000 members in more than 160 countries, working with Government, regulators and industry in order to ensure the highest standards are maintained.
Our members provide financial knowledge and guidance based on the highest technical and ethical standards. They are trained to challenge people and organisations to think and act differently, to provide clarity and rigour, and so help create and sustain prosperity. The ICAEW ensures these skills are constantly developed, recognised and valued.
Because of us, people can do business with confidence.
The ICAEW is a founding member of the Global Accounting Alliance with over 700,000 members worldwide.
About CICA (www.cica.ca)
CICA represents a membership of 72,000 CAs and 10,000 students in Canada and Bermuda. It conducts research into current business issues and supports the setting of accounting, auditing and assurance standards for business and other organizations. It issues guidance, develops continuing education programs and represents the Canadian CA profession nationally and internationally. CICA is a founding member of both the International Federation of Accountants and the Global Accounting Alliance.