The Commonwealth of Nations
The ICMA(NZ) comes under the auspices of the Institute of Certified Accountants Inc (ICMA), which is accredited by the Commonwealth of Nations under the category of Civic Organisations.
Commonwealth of Nations, also known as ‘The Commonwealth’, is an intergovernmental organisation of 52 sovereign states, including New Zealand. The Commonwealth operates by intergovernmental consensus of the member states, organised through the Commonwealth Secretariat and non-governmental organisations, organised through the Commonwealth Foundation. Accreditation to the Commonwealth is carried out by its Accreditation Committee, which is formed of a subset of member governments. Accreditation provides formal recognition and demonstrates that the organisation is committed to the values and principles of the Commonwealth, as outlined in the Commonwealth Charter. It entails adherence to a set of rights and responsibilities in representing the Commonwealth name and brand. ICMA(NZ) will work with the Commonwealth and other Commonwealth accredited organisations to advance the management accounting profession and promote the values and principles of the Commonwealth.
The New Zealand Qualifications Authority
The New Zealand Qualifications Authority (NZQA) is the New Zealand government Crown entity tasked with administering educational assessment and qualifications. It was established by the Education Act 1989.
ICMA(NZ)’s Certified Management Accountant (CMA) credential has been assessed for equivalency on the New Zealand Qualifications Framework (NZQF) at the Level 9 (Master’s Degree Level) by the NZQA.