CIMA supports IFAC report on the financial reporting supply chain

CIMA (Chartered Institute of Management Accountants) will contribute to the debate on ‘Financial Reporting Supply Chain Survey: Current Perspectives and Directions’ – a report commissioned by the International Federation of Accountants (IFAC).

The report, which launched today (7 March GMT), was overseen by Norman Lyle, a former CIMA President and retired group finance director of Jardine Matheson Holdings Ltd in Hong Kong. In recent years, there have been significant efforts to change and improve financial reporting and the IFAC survey was set up to explore the result of these efforts by conducting interviews…

Scottish CIMA President in Glasgow to celebrate local business success

Over 200 people gathered at the University of Strathclyde to hear the Chartered Institute of Management Accountants (CIMA) President address local business professionals and celebrate the growing success of CIMA in Scotland.

At the CIMA Scotland Annual Dinner, held in the Barony Hall, University of Strathclyde last night, Scotsman Gordon Grant, CIMA President, welcomed guests to the event representing a range of local companies including Diageo, Energywatch, Hanover Housing Association, Royal Bank of Scotland and Strathclyde Business School.

Gordon is well known to many Scottish CIMA students and members, having been involved in local branch…

CIMA and the HfMA unite to boost strategic effectiveness of UK NHS boards

CIMA (the Chartered Institute of Management Accountants) and the HfMA (Healthcare Financial Management Association) have formed a development partnership in order to promote and implement the CIMA Strategic Scorecard™ within the UK National Health Service (NHS).

In recent years, there has been a growing tide of opinion that organisations, in both the public and private sectors, need to focus more on strategic issues. However, NHS boards have become increasingly swamped by government initiatives and policy compliance, which can push strategy down the agenda.  The CIMA Strategic Scorecard™ is a business tool developed to help all…

CIMA appoints new Head of Corporate Communications

CIMA (Chartered Institute of Management Accountants) is delighted to announce the appointment of Victor Smart as Head of Corporate Communications at its global headquarters in London.

Victor Smart, previously Head of Media and Public Affairs at the Audit Commission, will oversee CIMA’s global external and internal communications, including its award winning website and monthly magazine Financial Management, one of the largest circulation business magazines in the UK.

Charles Tilley, Chief Executive at CIMA, said:

‘Victor joins CIMA at a very exciting time of growth and development for CIMA globally.  Communications play a vital role in…

CIMA updates risk guidance on pensions

CIMA (The Chartered Institute of Management Accountants) has today issued an update to its guidance to organisations on how to manage the corporate risk of pension schemes. ‘The pension liability - managing the corporate risk’ was successfully launched in November 2006 and our new version can be downloaded for free at http://www.cimaglobal.com/pensions.

The revised guidance and checklist contain the latest statistics and examples along with changes to regulation that have occurred since the original guidance was launched. These include references to the pension regulator’s revised ‘clearance guidance’, the recently launched ASB discussion paper ‘The…