now heres something you have all been waiting for....... COLLABORATION BETWEEN CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS WITH CERTIFIED MANAGEMENT ACCOUNTANTS OF CANADA UK-based Chartered Institute of Management Accountants (CIMA) and Certified Management Accountants of Canada (CMA Canada) have begun a collaboration to generate leading-edge research in the field of strategic management accounting. This will include the development and production of Management Accounting Guidelines, as well as the provision of continuous learning opportunities for professional accountants in business. Work with CMA Canada will look to enhance the quality and depth of management accounting research programmes. By combining the two organisations’ knowledge they will be able to provide respective members with cutting edge products and services. The President and CEO of CMA Canada, pointed out that the partnership between CIMA and CMA Canada establishes a strong international presence for the organisations, builds global marketplace recognition for the management accounting profession, and enhances the quality and depth of management accounting research programs. Through their partnership, CIMA and CMA Canada are able to provide leading-edge knowledge resources to professional accountants in businesses around the world. By working together, the organisations will provide the strategic leadership, financial prowess, resources, research and power to support businesses, governments and academia, and to optimize the performance of global enterprises. In addition to producing management accounting guidelines on new and emerging best practices in the profession, CIMA and CMA Canada are working together to provide their respective members and other stakeholders with access to other relevant continuous learning opportunities, such as conferences, seminars, courses, and affiliations. For example, CIMA and CMA Canada have participated in the development and broadcast of a series of web seminars based on jointly published Management Accounting Guidelines. The first of these web seminars provided an overview of three recently published risk-related Management Accounting Guidelines on Identifying, Measuring and Managing Organisational Risks for Improved Performance, Reporting of Organisational Risks for Internal and External Decision-Making, and Integrating Social and Political Risks into Management Decision-Making. A second web seminar, focusing on a new guideline entitled “Business Continuity Management,” was broadcast also broadcast. Information on the web seminars can be found on the web sites of the respective organisations. The organisations are committed to the development of knowledge products and support for members who practice as professional accountants in business, industry and the public sector and their collaborative activities will expand the conceptual boundaries of management accounting by encompassing new developments and practices. hoped that helped. |
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