CMA Sri Lanka was established in accordance with the Institute of Certified Management Accountants of Sri Lanka Act No. 23 (2009). CMA Sri Lanka’s mandate includes: (i) to serve as a professional organization for management accountants, (ii) establishment of management accounting standards, as well as standards of professional conduct and ethics for members, (iii) initiation and oversight of a certification program for management accountants, and (iv) establishment, and regulation of professional education and training program, including continuing professional development. The Certified Management Accountant designation is issued by CMA Sri Lanka. In addition to being a member of IFAC, CMA Sri Lanka is a member of the Confederation of Asian Pacific Accountants and the South Asian Federation of Accountants.