Business in brief: IMPT to offer entry level accounting qualification

Innovative Management & Professional Training is introducing accounting and bookkeeping qualifications from the Association of Accounting Technicians as another option alongside the Foundations in Accountancy qualification.

The Association of Accounting Technicians awards around 90 percent of all vocational qualifications in accounting, and is sponsored by professional accounting bodies such as the Chartered Institute of Public Finance and Accountancy, the Institute of Chartered Accountants in England and Wales, the Chartered Institute of Management Accountants, and the Institute of Chartered Accountants of Scotland.

Yvette Myles, manager of IMPT, says, “We decided to start offering AAT’s qualifications because we feel it is the standard that is best to give our entry level students the skills they need for the financial market, and it nicely complements our offerings from the ACCA.”

IMPT said the international body’s qualifications educate students to accounting technician level and are suited for beginners who want a stand-alone accounting qualification, or want to start on the road to chartered accountancy.

“Financial management is at the heart of every business, so demand for people with accounting and finance qualifications stays consistently high in the jobs market. This means that our students are able to use our qualifications to build successful careers,” said Justin Kyriakou, AAT’s global development manager.

Women in Maritime Association to hold forum in Cayman

The Maritime Authority of the Cayman Islands will host the first conference of the Women in Maritime Association, Caribbean.

The event, titled WiMAC – Charting the Course for Generations of Women, will run Sept. 5-9 at the Grand Cayman Marriott Beach Resort.

The conference is facilitated by the International Maritime Organization and WiMAC, with the support of the Women’s International Shipping and Trading Association Cayman Islands.

WiMAC is one of several regional associations of women who work in the maritime and allied sectors, and has been established as a proactive advocacy network in response to the global program on the Integration of Women in the Maritime Sector of the International Maritime Organization.

The goal of the conference is to shape a strategic agenda for regional development that aligns with WiMAC’s mission to strengthen the participation of women in the maritime sector and to contribute to the growth of the industry within the Caribbean region.

“We are honored to have the opportunity to host such a prestigious conference,” said Joel Walton, CEO of the Maritime Authority. “We look forward to showcasing the talent and expertise which the region has to offer, and contributing to the discussion on these extremely important issues.”

Kristina Powell receives Water Authority scholarship

Kristina Powell is this year’s recipient of the Water Authority’s annual scholarship. Ms. Powell will begin her major in Management Information Systems at the University of Tampa this fall.

Every year the authority offers a scholarship of up to $30,000 to a qualified Caymanian to obtain an undergraduate academic or vocational degree or diploma in a field of study relevant to the authority’s work.

“I decided to major in MIS because it encompasses elements of both an Information Technology and Business Administration degree,” Ms. Powell said. “I think this is important because it allows the IT personnel to better understand the needs of the computer users.”

Ms. Powell said she appreciated the opportunity the Water Authority Scholarship provided her to pursue both her academic and career goals.

Water Authority Director Dr. Gelia Frederick-van Genderen said the organization was proud to support Ms. Powell.

“Enabling Caymanian students to pursue their educational goals is very important to the Authority, particularly when it comes to the STEM subjects – science, technology, engineering and mathematics,” she said. “The water industry in particular relies on professionals from these fields and the Authority is proud to support Ms. Powell’s educational and professional development.”

The Authority will begin accepting applications for the 2017/18 scholarship early next year. The deadline is March 31, 2017.

Lashonda Powell, Ogier 2016 legal scholarship recipient
Lashonda Powell, Ogier 2016 legal scholarship recipient

Ogier announces scholarship recipient

Lashonda Powell is the recipient of Ogier’s 2016 scholarship.

The law firm said it reviewed a large number of qualified applicants for the scholarship this year and had the difficult task of narrowing the field down to just a few for the short-list. All short-listed applicants were offered internships at the firm over the summer as part of the application process. During her internship, Ms. Powell stood out as the most talented and promising, Ogier said.

Ms. Powell will be heading to the University of Sheffield for her Legal Practitioners Course. She is a recipient of the Duke of Edinburgh Gold award and serves as assistant leader for the Girls’ Brigade at Savannah United Church.

Emma Graham-Taylor, HR manager at Ogier, said, “Lashonda has proven herself to be a sincere and diligent individual. The senior associate who mentored her during her internship provided very positive feedback on her performance, noting that she is insightful, inquisitive and keen to learn.”

Ogier’s scholarship is awarded annually in August. Applications are accepted from January through April each year.