Unleash Your Financial Potential with the Institute of Management Accountants (IMA)
The Institute of Management Accountants (IMA) stands as a beacon for financial professionals worldwide, fostering excellence through its respected Certified Management Accountant (CMA) designation. The IMA is dedicated to enhancing education and development in management accounting and finance, advocating for top-tier ethics, and pioneering best business practices, while also serving as a hub for innovative research.
Key Insights:
- The Institute of Management Accountants (IMA) is a premiere organization for financial professionals, offering the prestigious Certified Management Accountant (CMA) certification.
- The IMA’s mission encompasses elevating education and development in management accounting and finance, and upholding the highest standards of ethics and business practice.
- As of September 2022, the IMA boasts around 140,000 members spanning 150 countries.
A Legacy of Excellence
The IMA is a global network of accountants and financial connoisseurs from varied sectors including nonprofits, private, public companies, and academic institutions. Celebrating its 100th anniversary in 2019, the IMA envisions being the principal resource for nurturing, certifying, mentoring, and connecting top-tier financial professionals worldwide.
IMA’s essence is distilled in values such as integrity, trust, passion, respect, innovation, and relentless improvement. By delivering career opportunities, fostering a professional network, and building partner connections, the IMA catalyzes career growth. With educational ventures, it empowers leadership and expands professional horizons. Additionally, IMA supports its members with newsletters, journals, and a forward-thinking research forum.
Reach and Influence
IMA’s reach spans the Americas, Middle East, Africa, Asia Pacific, and Europe with strategic offices in China, Switzerland (Zurich), Netherlands (Amsterdam), Singapore, United Arab Emirates (Dubai), and Egypt (Cairo). IMA has around 140,000 members across 150 countries plus more than 350 professional and student chapters. Local chapters present career development avenues where members thrive through education, a breadth of resources, and vibrant online communities.
A Storied History
Since its inception in 1919 in Buffalo, New York, IMA has become a venerated advocate and treasure trove of knowledge for accounting and financial management professionals. Initially christened National Association of Cost Accountants, it became the National Association of Accountants in 1957 before adopting the current moniker in 1991.
Chicago welcomed the first chapter in 1920, while Atlantic City hosted the initial annual conference. The illustrious CMA certification program debuted in 1972. Notably, 1983 saw the first ethical standards for U.S. management accountants via the Standards of Ethical Conduct of Management Accountants, while the ill-fated Certified Financial Manager program ran from 1996 to 2007.
Membership Rewards
IMA membership comes laden with benefits: profoundly insightful publications, enriching conferences, and pertinent research unveiling industry trends. Members enjoy discounted rates on professional expenditures, office staples, insurance, rental cars, and advanced training offerings.
Related Terms: CMA, Management Accounting, Financial Certification, Professional Associations, Career Development.
References
- Institute of Management Accountants. “About IMA”.
- Institute of Management Accountants. “IMA Releases Book Celebrating Its 100th Anniversary on International Management Accounting Day”.
- Institute of Management Accountants. “Regional Councils & Chapters”.
- Institute of Management Accountants-Middle East. “About Us”.
- Institute of Management Accountants. “IMA Opens Two New Offices in Shanghai and Cairo”.
- Institute of Management Accountants. “Contact Us”.
- Institute of Management Accountants. “Our History”.
- FunCPE. “Certified Financial Manager (CFM)”.
