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FREDERICTON, NB, March 25, 2011 – A special reception will be held from 4 p.m. to 6 p.m. at the Wu Conference Center at University of New Brunswick’s Fredericton campus on March 30th to celebrate CMA Canada’s accreditation of the university’s Bachelor of Business Administration, Honours in Accounting program. Certified Management Accountants of Canada (CMA Canada), the world leader in shaping strategic management accounting® professionals to lead successful enterprises in the global marketplace, has awarded for a five-year period the accreditation of the Honours Bachelor of Business Administration Accounting Major Program at the University of New Brunswick, Fredericton Campus. CMA Canada accredits programs at leading academic institutions which provide complete coverage of the CMA® Competency Map Entrance Requirements, equipping students with in-depth knowledge and skills in management accounting, financial accounting, financial management and taxation, strategic management, and risk management and governance. These skills are required for mastering the advanced concepts covered in the CMA Strategic Leadership ProgramTM, leading to the prestigious CMA designation. Beginning in 2000, CMA Canada implemented an accreditation process to recognize institutions that offer quality educational programs according to prescribed standards. The CMA accreditation program offers academic institutions a measurement process that is based on self-evaluation coupled with evaluation by CMA Canada. “The accreditation of the Honours Bachelor of Business Administration Accounting Major Program at The University of New Brunswick demonstrates the university’s commitment to meeting marketplace expectations in a globally competitive environment,” said Joy Thomas, FCMA, President and CEO, CMA Canada. “In addition, accrediting programs enables CMA Canada to broaden access to the CMA designation while maintaining a commitment to excellence and rigorous standards.” The University of New Brunswick is among an exclusive group of academic institutions across Canada to have an undergraduate accounting program accredited by CMA Canada. “The CMA accreditation is a notable achievement for our accounting program. We are pleased that CMA Canada recognizes the quality of our program, and delighted that our students will now be able to attain the CMA designation more efficiently. We thank CMA Canada for the recognition,” said Daniel F. Coleman, PhD, Dean of the Faculty of Business Administration of UNB Fredericton. Students who successfully complete the Honours Bachelor of Business Administration Accounting Major Program with a minimum grade point average of 75 per cent are exempt from writing the CMA Entrance Examination. This select group of students will enter directly into the Strategic Leadership ProgramTM, the final step required to obtain the CMA designation. “The accreditation relationship between universities and CMA Canada is based on co-operation and mutual respect, assuring universities that the results are objective and credible. The intent of CMA Canada’s accreditation is not to produce a standardized accounting or business curriculum. Instead, we encourage universities to adopt diverse approaches to course design and delivery, since innovation is considered indicative of a commitment to continuous improvement,” said Suzanne Tucker, MBA, CMA, Chief Executive Officer, CMA New Brunswick. Thomas emphasized that CMA Canada accreditation of programs at leading academic institutions sets the standard for quality education in business and accounting in Canada, “the University of New Brunswick exemplifies this standard and is to be commended for the outstanding quality of its instruction and its graduates.” -30- About Certified Management Accountants of Canada (CMA Canada) With 50,000 members around the world, CMA Canada grants a professional designation in strategic management accounting® and is responsible for standards-setting, accreditation, and the continuing professional development of Certified Management Accountants (CMAs). CMAs provide an integrated perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term competitive advantage. To optimize the performance of global enterprises and build strategic management accounting skills, CMA Canada offers innovative executive development programs, advanced online courses, and internationally recognized knowledge management publications. For more information, visit www.cma-canada.org. About The University of New Brunswick (UNB) UNB’s Faculty of Business Administration is the leading business school in New Brunswick, and for good reason. Our programs are designed to give students the tools they need to become successful, no matter where their studies lead them. We keep our class sizes small and are always updating and revising our curricula to keep up with contemporary business issues. We offer electives in important business subjects, and we have programs that give students hands-on experience they can’t get anywhere else. At UNB, it’s never business as usual because we’re uniquely different from the rest. Media contacts: Cindy Mantione Communications Officer CMA Canada Tel: (905) 949-3116 Toll-free: 1-800-262-7622, ext. 3116 E-mail: cmantione@cma-canada.org Stéphanie Roy Marketing Manager CMA New Brunswick Tel : (506) 455-2056 E-mail: stephanie@cmanb.com Liz Lemon-Mitchell Director, Communications and Operations, University of New Brunswick, Fredericton Campus Tel: (506) 458-7492 E-mail: llemonmi@unb.ca