Institute of Management Accountants (IMA)
What Is the Institute Of Management Accountants?
The Institute of Management Accountants (IMA) is one of the top associations for financial professionals. It offers the renowned Certified Management Accountant (CMA) assignment. The IMA's mission is to advance education and development in managetment accounting and finance, advocate for the highest ethics and best business rehearses, and give a forum to research.
The Institute of Management Accountants (IMA) is a global enrollment association of accountants and financial professionals who work at nonprofit, private and public companies, and scholarly institutions. In 2019, the Institute commended its 100th anniversary. The association's vision is to be the leading resource for confirming, supporting, developing, and connecting the world's best financial professionals and accountants.
The association's core values incorporate integrity and trust, energy, respect, innovation, and continuous improvement. It accomplishes these core values by giving access to career opportunities, building a network of industry professionals, and creating partner associations. It offers educational programs to increase leadership opportunities and extend professional information. IMA gives a forum to individuals by advancing ground breaking research and industry best practices and offering pamphlets and diaries.
Figuring out the IMA
IMA offers types of assistance in the Americas, Middle East, Africa, Asia Pacific, and Europe. It has offices in Beijing, China; Zurich, Switzerland; Dubai; and the United Arab Emirates. In 2020, the IMA had approximately 139,000 individuals in 150 countries. The association has more than 300 professional and student chapters worldwide. Individuals can accomplish career development through access to one of IMA's neighborhood chapters. The association endeavors to bring issues to light of the management accounting sector.
IMA works an online training center that gives educational materials. It likewise offers professional education products. Individuals receive career development training through neighborhood chapters, continuing education, data and resources, and take part in online networks.
History
Starting around 1919, IMA has been an advocate and resource for accounting and financial management professionals. It was established in Buffalo, New York, to advance information and professionalism among cost accountants and advance a more extensive comprehension of the job of cost accounting in management. The original name of the association was the National Association of Cost Accountants, however in 1957, the name was changed to the National Association of Accountants. In 1991, the name was changed again to the Institute of Management Accountants.
The primary chapter was shaped in Chicago in 1920, and the principal annual conference was held in Atlantic City. In 1972, the association made the CMA certification program. In 1983, it issued the first code of ethics for management accountants in the United States, named Standards of Ethical Conduct of Management Accountants. In 1996, IMA laid out the Certified Financial Manager program however discontinued it in 2007.
Participation Benefits
IMA offers participation benefits like publications, conferences, and research on industry trends and progressions. IMA participation likewise offers discounts on business and professional expenses, for example, office supplies, insurance, rental cars, and training.
Features
- In 2020, the IMA had approximately 139,000 individuals in 150 countries.
- The IMA's mission is to advance education and development in management accounting and finance, the highest ethics and best business rehearses.
- The Institute of Management Accountants (IMA) is a global association for financial professionals and offers the renowned Certified Management Accountant (CMA) assignment.
