Metaverse-based token symbolizes the demand for skilled talent
SHANGHAI, 15 August 2022 /PRNewswire/ — AICPA & CIMA, which together make up the Association of International Certified Professional Accountants (The Association), recently launched their first non-fungible token (NFT) to promote the Digital Management Accounting (DMA) program in China.
This is the first metaverse-based NFT collection produced by a global accounting organization. It is also a unique step by the association to embrace the expanding crypto-technology through the metaverse.
DMA Metaverse Landing Token
DMA® NFT rewards the first DMA exam candidates and encourages potential candidates to enroll in the program. It also highlights the demand in China for accountants with digital skills.
A total of 168 specimens were struck and available for collection on July 29, mirroring the 168 mathematical beads on the monumental “Three Beads Above the Beam,” a classical Chinese abacus used to calculate the astronomical calendar.
The DMA Metaverse Landing Token and this classical Chinese tool are both products of the collision of mathematics and astronomy. In old China, the ball frame was widely used to explore the laws of nature and the workings of the universe, in addition to calculating numbers and keeping accounts. The DMA program also emphasizes the values of exploration. Designed to challenge the perception of traditional accounting, it emphasizes the importance of a digital mindset and the wide application of digital technology in the accounting profession, and aims to strengthen the transformation of accounting professionals in an era of digital intelligence in China.
Candidates who register for the first exam session of the DMA program on August 27 (DMA I) will have the opportunity to receive a DMA Metaverse Landing Token with a unique digital code on CGMA’s WeChat channel.
DMA NFT launch poster
With a unique identification code and metadata, each encrypted NFT is an exclusive and irreproducible link between the DMA program and the first cohort of candidates.
About DMA® NFT
A non-fungible token (NFT) is a digital asset with unique identification codes and metadata located on a blockchain, a form of distributed ledger. DMA® NFT collection, DMA Metaverse Landing Token, celebrates the launch of the DMA program in China and the first exam session scheduled for later this month. The limited NFT collection is not for sale, it is a commemorative gift for candidates taking the DMA I exam in 2022.
About DMA® Program
The Digital Management Accounting® program (DMA®) was officially launched in China at the Sino-British International Professional Talent Exchange and Training Seminar, jointly organized by the Ministry of Science and Technology of People’s Republic of China and the United Kingdom’s Department for International Trade 8 June 2022. The launch of the DMA program marks the first major milestone for AICPA & CIMA and the China International Talent Exchange Foundation (CITEF) in the introduction of new knowledge frameworks for China.
The DMA® program focuses on the digital mindset skills outlined in the AICPA & CIMA’s CGMA Competency Framework. It will help to promote a strong digital accounting knowledge and certification system in Chinaand jointly cultivate internationally scarce high-end talent with a global vision, digital mindset and advanced accounting skills in the country.
About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants® (the Association), representing the AICPA® & CIMA®, advances the global accounting and finance profession through its work on behalf of 689,000 AICPA and CIMA members, students and engaged professionals in 196 countries and territories . Together, we are a world leader on public and management accounting issues through advocacy, support for the CPA license, the CGMA designation and specialized credentials, professional development and thought leadership. We build trust by empowering our members and committed professionals with knowledge and opportunities to be leaders in expanding prosperity for a more inclusive, sustainable and robust future.
The American Institute of CPAs® (AICPA), the world’s largest membership association representing the CPA profession, sets ethical standards for its members and US auditing standards for private companies, nonprofit organizations, and federal, state, and local governments. It also develops and grades the Uniform CPA Examination and builds the pipeline of future talent for the public accounting profession.
The Chartered Institute of Management Accountants® (CIMA) is the world’s leading and largest professional body of accountants. CIMA works closely with employers and sponsors leading research, constantly updating the requirements for professional qualifications and professional experience to ensure it remains employers’ choice when recruiting financially trained business leaders.
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