New Zealand Institute of Chartered Accountants - Institute of Cost Accountants

Institute of Cost Accountants

  1. At the AGM of the NZ Institute of Cost Accountants held on 17 May 1966, it was resolved to wind up the Institute and transfer the funds and property remaining at 30 June 1966 to the New Zealand Society of Accountants. As part of the agreement, members of the Institute, at the date of winding up, would become members of the newly formed Cost and Management Accounting Division of the New Zealand Society of Accountants.
  2. Following considerable debate over the preceding two years, this CMA Division was wound up and a National Corporate Sector Committee established in June 1988. It was noted in the Accountants Journal of May 1988 that : "Members of the CMA Division will be entitled to use the CMA designation as long as they are members of the Society".
  3. The rules passed in 1996 when the NZSA became the Institute of Chartered Accountants of New Zealand allowed for three designations – CA, ACA and AT. There does not appear to be any reference to CMA.

It would appear from this that former members of the Institute of Cost Accountants are now regular members of the New Zealand Institute of Chartered Accountants.

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