cima: driving business success
TRANSCRIPT
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Australia, November 2015
CIMA: driving business success
Myriam Madden, CIMA president
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CIMA celebrates with our 100,000th member:
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CIMA Australasia highlights:
• Significant upturn in ‘loca’l growth
• Lowest lapsing rate in the world
• About to reach 5,000 strong CIMA population
• New CIMA Centre of Excellence
• Member Lounge launched
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The Helicon - CIMA’s new corporate centre:
Our aim is to
place CIMA at
the heart of
business and
educational life
in the world’s
most influential
cities.
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CIMA+AICPA: joining forces
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CIMA+AICPA = more value from CGMA
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‘Being the most relevant organisation in the
management accounting space’
• To ensure management accounting is seen as a
critical driver of long term business success
• For the CGMA Global Management Accounting
Principles to be prevalent in successful private and
public sector organisations
• To foster a growing professional CGMA community
committed to lifelong learning underpinned by market
based research
• To develop a best in class research based
organisation: business model, infrastructure, people
and resources for CIMA and the joint venture
CIMA+AICPA = stronger together
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GMAPs: four core principles
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Principle 1: influence
When the right people have
the right information at the
right time, they are better
placed to take decisions that
will drive long-term value
generation.
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Principle 2: relevance
Management accounting
scans the best available
resources for information that
is relevant to the decision that
needs to be taken, the person
making the decision and the
decision style or process being
used.
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Principle 3: value
Management accounting
provides a thorough
understanding of the
organisation’s strategic aims,
stakeholder needs and
agreed targets - ensuring that
actions are prioritised by
value rather than cost.
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Principle 4: trust
People who
consistently adhere to
good values and best
practice become
trusted guardians of
an organisation’s
value.
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The view of Unilever CEO Paul Polman:
KEEP
CALM AND
‘CARRY
ON AS
UNUSUAL’
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The CIMA story through IR…..
We began incorporating IR into our
annual reviews in 2012.
IR has:
• enhanced transparency and
accountability
• helped to manage the organisation
in a more integrated way
• enable us to create a more defined
picture of our business model
CIMA 2014 annual report
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2015 syllabus and examination structure:
New developments:
Computer-based
examinations
Exam structure designed to
assimilate the workplace
Case study exam and award
at the end of each level
On-demand exams at
purpose-built centres
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Pearson VUE exam centres used by CIMA students in 2015
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CGMA Competency Framework:
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Competency and Learning website:
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Further reading:
Global Management Accounting Principles:
www.cimaglobal.com/principles
The Ready for Business, bridging the employability gap report can be found on the
CIMA website, in the ‘Thought Leadership’ section.
The Competency and Learning website can be found at:
https://competency.cgma.org
Thank you!