CIMA Celebrates 100 Years Of Leading The Management Accounting Profession

The world’s largest body of management accountants, the Chartered Institute of Management Accountants (CIMA), celebrates its 100th birthday in Singapore.

Paving the way to the official birthday celebration, CIMA launched earlier in the year its Future of Finance initiative and released its white paper Re-inventing finance for a digital world to lead the profession forward. The research findings have informed the updated CGMA Competency Framework, the new 2019 CIMA Professional Qualification Syllabus and a Digital Mindset Pack that will give finance professionals the resources they need to thrive in the digital age.

To coincide with the official anniversary date, CIMA’s official history book was launched at the CIMA President’s dinner in London. Paul Polman, KBE, Hon. FCMA, former Unilever chief executive, gave a keynote address. He highlighted CIMA’s value to business and reinforce the link with the first CIMA President, Lord Leverhulme, who founded the company that went on to become Unilever.

Steven Swientozielskyj FCMA, CGMA, President of CIMA, said: “In 1919 a new breed of accountant was created to help industry leaders deal with the challenges of the early 20th century. One hundred years later, CIMA members and students are at the cutting edge of finance, guiding decision makers and driving business transformation.
“It is a privilege to be CIMA’s President during this special year – a year when we respect our great heritage and embrace our future.   We can reflect at how we have led change over the past 100 years, retained our core values and been purpose driven. We can also feel proud that we have established a global management accounting profession that is fit for the future of finance. I want to thank the members and students who have made CIMA what is today.”
Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting – continued: “CIMA’s success is all about evolution, embracing change and remaining relevant.  You can see this embodied through the launch of CIMA’s Future of Finance initiative, a new CGMA competency framework and updated CIMA Professional Qualification in our centenary year. It also reflects our ongoing work through The Association of International Certified Professional Accountants (The Association), combining our strengths with those of the American Institute of CPAs to drive a dynamic accounting profession worldwide.
“As CIMA looks to the next 100 years it can do so with confidence, knowing it has the benefits of this combined strength, a truly global standard with the Chartered Global Management Accountant (CGMA) designation, and the means to provide the world’s most highly-skilled accountants with knowledge, insight and foresight to meet the demands of a rapidly changing world”.

The grand evening were attended by 500 guests that consist of members and students, CIMA partners and associates from all around Malaysia and Southeast Asia as well as media and staff.

 

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