Salaries rising for management accountants
Accounting Today
DECEMBER 14, 2023
The Institute of Management Accountants reported increased salaries and job opportunities for Certified Management Accountants as opposed to those without certifications.
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What's the Difference Between Cost Accounting and Management Accounting?
GrowthForceBlog
OCTOBER 14, 2021
Spoiler alert: Both cost accounting and management accounting are intended for internal use by business leaders. 5 min read. Smart leaders use it to improve organization operations and boost the bottom line.
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Stacking CPA and CMA Credentials Is an Investment for a Career-Long Payoff
CPA Practice
NOVEMBER 19, 2024
If you’re planning a career in the world of accounting or finance, two distinctions have the branding impact and bench strength you need. Invest your time and effort into stacking the Certified Public Accountant (CPA) and Certified Management Accountant (CMA) letters behind your name.
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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management
Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead
What Do Management Accounting Services Do for SMBs in 2024?
GrowthForceBlog
AUGUST 7, 2024
Key Takeaways What Is Management Accounting: Management accounting processes collect your business's financial data (and other data) to generate management reports, track key metrics, inform decisions, and.
How to Manage Accounts for Logistics Business Today
Insightful Accountant
JANUARY 19, 2023
To help out, PACK & SEND's Nicholas Woodward shares the seven best accounting practices for managing your accounts effectively. Everyone wants to streamline their logistics.
Sage Intacct – A Simple Solution for Not for Profits Struggling to Manage Accounting Processes
Cherry Bekaert
MAY 6, 2024
Contact Us The post Sage Intacct – A Simple Solution for Not for Profits Struggling to Manage Accounting Processes appeared first on Cherry Bekaert. Learn more about Cherry Bekaert’s Sage Intacct solutions View all podcast in this series Questions?
AICPA Names New Fellowship After Barry Melancon
CPA Practice
OCTOBER 21, 2024
The Fellowship aims to initially support doctoral students who are undertaking practical research to advance the science of public or management accounting practice. “I Melancon Professional Accounting Research Fellowship will be awarded in 2025. I have been fortunate to spend my career as an advocate for our great profession.
Management accountants take long-term view during current challenges
Accounting Today
JUNE 14, 2022
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Your Bottom Line Is Taking The Hit. Is It Poorly Managed Accounts Payable?
GrowthForceBlog
AUGUST 9, 2021
You know by now that accounts payable is more than just “paying the bills”. 6 min read.
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Are you a new Certified Management Accountant? Avoid these 4 mistakes at all costs
Accounting Today
OCTOBER 13, 2022
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CPA Business Execs’ Optimism About the Economy is Soaring Post-Election, AICPA Says
CPA Practice
DECEMBER 5, 2024
The quarterly survey includes 273 qualified responses from CPAs and Chartered Global Management Accountants (CGMAs) who hold leadership positions, such as CFO or controller, in their companies. Following the November presidential election, CPA business leaders have a much more positive outlook about the U.S.
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Accountants Are Feeling More Glum About the Global Economy, Survey Says
CPA Practice
OCTOBER 23, 2024
The global economy has been quite resilient so far in 2024, but the latest survey of accountants points to some easing in growth at the current juncture,” the ACCA/IMA survey report says. In addition, CFOs’ confidence also fell, and in particular, there was a sharp deterioration in their assessment of new orders.
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Enrico Palmerino's Journey with Botkeeper and AI in Accounting
Canopy Accounting
NOVEMBER 13, 2024
They explore the intersection of accounting, AI, and technology. Enrico shares his journey from a young entrepreneur managing accounting challenges to founding Botkeeper, a platform dedicated to automating bookkeeping processes. They also discuss the complex nature of building AI-driven solutions for accounting.
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IMA tries to attract young accountants
Accounting Today
JUNE 14, 2024
The Institute of Management Accountants held its annual conference this week in San Antonio, Texas, where it discussed ways to attract more people to join the profession.
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QuickBooks Hosting: All-in-one Managed Accounting Solution for Businesses
Ace Cloud Hosting
DECEMBER 1, 2023
Experience seamless and comprehensive accounting with QuickBooks Hosting – your all-in-one solution for accounting operations anywhere and anytime. Today’s business landscape is competitive and dynamic. Businesses must rapidly adapt and.
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Bookkeeping Fundamentals for Small Business Owners
DuctTapeMarketing
JULY 14, 2018
According to US Bank, 82% of businesses that fail, are actually profitable but failed to manage their cash flow. Handle payments and manage accounts payable. This task helps you avoid running out of money suddenly — leaving you unable to pay employees, vendors, or Uncle Sam.
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IMA sees role for AI in accounting
Accounting Today
APRIL 11, 2024
The Institute of Management Accountants is examining the possibilities of artificial intelligence in the accounting profession while undergoing staff cutbacks.
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IMA certification aims to address accounting talent shortage
Accounting Today
DECEMBER 1, 2023
The Institute of Management Accountants is rolling out a new Financial and Managerial Accounting Associate certification that requires no prerequisites like a college degree.
How to Turn a Shortage of Accountants Into an Opportunity for Businesses
CPA Practice
OCTOBER 17, 2024
The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% And according to the Institute of Management Accountants and staffing firm Robert Half, more than 1 in 10 accountants in the U.S.
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New CGMA exam syllabus emphasizes critical thinking
Accounting Today
MAY 13, 2025
The Chartered Institute of Management Accountants updated its CGMA Professional Qualifications Syllabus for 2026 to emphasize finance business partnering and applied problem solving.
Accountants eye sustainable business management
Accounting Today
NOVEMBER 15, 2024
The Institute of Management Accountants released a report on why business sustainability depends on the competencies of management accountants.
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Dual Certifications Mean Big Bucks for Accountants
CPA Practice
JANUARY 2, 2024
Accountants in the U.S. who earned the CMA and CPA designations make more than $38,000 than their noncertified counterparts, according to the 2023 Global Salary Survey from the Institute of Management Accountants (IMA). Accountants who are CPAs only earn a median base salary of $126,274, according to the survey.
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How Businesses Can Measure the ROI of Outsourced Accounting Services in 2024
GrowthForceBlog
JULY 30, 2024
Key Takeaways Challenges of Calculating the ROI of Outsourcing: Measuring the ROI on outsourced accounting services is, unfortunately, a fairly complicated matter because an outsourced back office has the potential to impact a business in a variety of complex ways.
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New IMA chair works on leadership transition
Accounting Today
JULY 12, 2023
The Institute of Management Accountants' chair for fiscal year 2024, Richard Brady, is helping the organization as it transitions from its longtime president and CEO, Jeff Thomson, to a new one, Mike DePrisco.
AICPA & CIMA Launch Global Women to Watch Recognition to Celebrate and Honor Women in the Profession
CPA Practice
NOVEMBER 14, 2024
The American Institute of CPAs and the Chartered Institute of Management Accountants are launching a new initiative, the AICPA & CIMA Global Women to Watch recognition, to honor women who have made significant contributions to the accounting profession and their peers.
Should Tax Planners Work with Family Offices? How Family Offices Work
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OCTOBER 28, 2024
Administrative & Financial Support Moving into the realm of finances, a family office may handle bookkeeping, legal and estate planning oversight, cash flow management, financial advice, insurance management, accounting and tax filing oversight, and charitable giving management.
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Outsourced Client Accounting Services: Streamlining Financial Management
AccountingDepartment
DECEMBER 21, 2023
These services involve outsourcing the accounting and bookkeeping tasks to a third-party service provider, allowing businesses to focus on their core operations.
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Google Almost Done With Transition To SAP Ariba Network
PYMNTS
AUGUST 9, 2020
Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. The idea behind the transition is to help streamline transactions and “further strengthen Alphabet Inc.
Optimizing Financial Management through Outsourced Client Accounting Services
AccountingDepartment
MAY 16, 2024
These services involve outsourcing the accounting and bookkeeping tasks to a third-party service provider, allowing businesses to focus on their core operations.
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CIMA and CPA Canada ink reciprocal membership pact
Accounting Today
AUGUST 4, 2023
The Chartered Institute of Management Accountants and the Chartered Professional Accountants of Canada signed a memorandum of understanding.
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AICPA & CIMA Launch AI-Guided Tool for Students Pursuing Careers in Accounting and Finance
CPA Practice
SEPTEMBER 25, 2023
Through Career Launchpad, we’re proud to feature CPAs and Chartered Global Management Accountants (CGMAs) who are passionate for their roles in the business and accounting world,” said Mike Decker, vice president of CPA examination and pipeline at AICPA & CIMA.
IMA adds corporate membership program
Accounting Today
AUGUST 27, 2024
The Institute of Management Accountants debuted a corporate membership program Tuesday that provides training and resources for teams in organizations.
How the CPA, CMA and EA Credentials Have Become Global Designations
CPA Practice
JANUARY 17, 2023
Rather than being constrained towards a single country, accounting credentials such as Certified Public Accountant (CPA), Enrolled Agent (EA) and Certified Management Accounting (CMA) are quickly turning into global designations. . In the accounting sector, the CPA designation aids in upholding professional standards.
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CFO or Financial Controller? The Clear Difference.
AccountingDepartment
SEPTEMBER 8, 2022
While a company's Chief Financial Officer (CFO) and its controller both oversee and manage accounting processes for an organization, their roles are very different. Understanding the differences is important when you're considering outsourcing accounting services.
3 Accounting Strategies to Implement to Position Your Business for Success
Basis 365
OCTOBER 5, 2022
Managed Accounting might answer your question, "How can I save more time?" With dedicated accountants and cutting-edge technology, online bookkeeping could help you get more done weekly, so you can do what you love - running a successful growing business. Give the details to an accounting professional who is trusted.
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Barry Melancon to Retire from AICPA
CPA Practice
MAY 22, 2024
Barry Melancon, CPA, CGMA, has announced that he will to retire on December 31, 2024, from his role as president and CEO of the American Institute of CPAs and CEO of the Association of International Certified Professional Accountants. Combined, the two organizations comprise the world’s largest membership of public and management accountants.
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Business Owner Responsibilities You Can Manage: Financial Tasks
Patriot Software
OCTOBER 28, 2022
Managing accounting is just one of your business owner responsibilities. Your first instinct might be to outsource all your accounting tasks to an accountant. However, there are many financial tasks you can, and should, manage on your own. But for many, it can be overwhelming and nerve-racking.
New product launches at Accountex London 2025
Accounting Insight
MAY 6, 2025
Modulr (Stand 783) have recently launched their Accounts Payable Automation, an all-in-one solution for invoice management, bulk supplier payments, global payments and supplier management. Users can liminate fraud, reduce errors, and manage Accounts Payable effortlessly.
What Financial Reports Should My Nonprofit Program Director Look At?
GrowthForceBlog
FEBRUARY 8, 2022
Their executive directors use management accounting and budgeting for nonprofits to make data-driven decisions just like the most successful leaders of for-profit businesses. 7 min read. What's the secret of successful nonprofits?
How to Level Up Your Accounting Firm in 8 Easy Steps | Canopy
Canopy Accounting
SEPTEMBER 7, 2022
Take a look at these eight components of a well-managed accounting firm. But even the best team fails to operate at its fullest potential if the right systems aren’t in place. Efficiency plays a crucial role in any successful business, and your practice is no exception. How many of them are present in your practice?
Navan Launches Travel and Expense Management System for Accounting Firms
CPA Practice
NOVEMBER 12, 2024
In addition to the benefits of Navan Expense, the Navan Accountant Console also delivers: A Personalized Client and Staff Management Dashboard: A centralized view of all clients, including onboarding status and the ability to invite, assign, and manage accountants and their access to specific clients Seamless Switching Between Client Accounts and Role-Based (..)
Why Outsourced Accounting is Becoming the “New Normal”
Basis 365
APRIL 14, 2025
By outsourcing financial functions, business owners can focus on high-level decision-making rather than getting caught up in day-to-day accounting tasks. Improved Compliance and Risk Management Accounting and financial compliance regulations are constantly evolving, and non-compliance can result in hefty penalties.
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Project Management: Integration
SMBAccountant
MAY 3, 2021
Though the project manager is responsible for tracking performance to budget and controlling cost scope, the accounting department can provide valuable insights that can possibly affect other aspects of the project, such as time management.
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