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A Stronger CIMA

We are pleased to share the good news that CIMA members have overwhelmingly endorsed our long-term strategy and proposal to evolve our joint venture with the American Institute of CPAs (AICPA) and create The Association of International Certified Professional Accountants.

"We live in a time of rapid change and increasing competition. Responding to this, I am delighted that CIMA and the AICPA members have endorsed the proposal to create a new association so that we can stay ahead of market changes and developments.

We will build on the history and strengths of both CIMA and the AICPA, which will enable us to accelerate our long-term strategy, and to expand the opportunities for CGMAs around the world."

Andrew Miskin FCMA, CGMA
CIMA President

STRONGER TOGETHER FOR A STRONGER PROFESSION

In 2011, we formed our joint venture with AICPA to establish the Chartered Global Management Accountant® (CGMA®) designation. This marked the start of our new strategy for international growth.

This has been a successful joint venture and since then, CIMA's global reach has increased significantly and we now have 50,000 CGMAs in the US.

Together we have developed the CGMA Competency Framework and the AICPA | CIMA Competency and Learning website.

In addition, members from over 20 countries contributed to our consultation on our CGMA Global Management Accounting Principles and our ability to influence international standards of best practice, our professional 

partnerships and the popularity of our qualifications in new markets have all increased.

This is shown through Robert Half recently listing CGMA as one of the most in-demand credentials in the US

Taking CIMA to the next stage
Members have now endorsed the proposal to accelerate our long-term strategy through the deepening of our joint venture with the AICPA and creation of The Association of International Certified Professional Accountants ('the Association'). For more information on the proposal, click here.

"The Association will offer a powerful drive to progress the evolution of the management accounting profession. A win-win for all stakeholders." 
Ammar Alhassan FCMA, CGMA, CFO, BMMI

We are at the forefront of our profession's response to new business needs and produce research and insights to challenge thinking and keep CGMAs at the forefront of the profession.

  • In the new CGMA report, 'Joining the dots: decision making for a new era', 80% of respondents admit they've discovered that a strategic decision was made based on flawed information at least once in the last three years. Read more

 

  • The recent CGMA report CIMA and the AICPA developed with Oracle, 'The digital finance imperative', highlights that next-generation finance requires CGMAs to keep pace with the digitisation of business and technological change to remain relevant. We reported that in 2015, 84% of the S&P 500 market value was made up of intangible assets, whereas in 1975, 83% were tangible assets. Read more

The way the world does business is changing, with profound challenges for organisations across the world. Systems of production, management, and governance are all being transformed, putting increasing pressure on businesses to create added value.

Helping business adapt                                                            The pace of change is accelerating. In today’s complex and fast-paced environment, businesses need a new agility to stay competitive.

Management accountants are central to managing and exploiting change on this scale, and CIMA is committed to making sure our members lead the process.

Our goal                                                                                 The creation of the new Association will accelerate CIMA’s long-term strategy and ensure our qualifications and designations are recognised as the most relevant in global management accountancy by employers, regulators and our profession.

"With an ever increasing pace of change and range of disruption in the economy, every organisation needs to look a couple of steps ahead."                                                    Krzysztof Skajewski, Head of BI & Decision Support, RBS

Endorsements

Find out more about what members, students and business leaders had to say about CIMA’s long-term strategy and on staying relevant in a changing world. Watch the videos below and visit our endorsements page.

Endorsements

Endorsements

Endorsements

Endorsements

Endorsements