Kostas Avramiotis with Marc Palker, IMA's Chair of Global Board of Directors for FY 16/17
It was during my summer holidays when I received an email informing me that I was one of the winners for the IMA Young Professionals Leadership Program in Jacksonville, Florida. Seven Young Professionals were accepted to attend the IMA board meeting and also were provided the chance to attend the committees discussions prior to the board meeting.
During the first day we participated in the committees’ meetings and we got to know a few of the topics that the IMA is working on. The discussions also set the stage for the board meeting. During these meetings we were asked to express our views in different topics regarding the organization or the CMA. The global board meeting took place in the second day of the program. Each committee presented different topics while the rest of the people asked questions.
The leadership experience was particularly inspiring and constructive due to 2 reasons:
All in all the experience increased my understanding with regards to the organization and also made me realize that the community of IMA maintains the highest standards of integrity and trust. The board members and the volunteers are passionate people who strive to promote education and also make innovations in the accounting profession.
At the end of the program I realized how open-minded you can become by just conversing with the other members of the leadership program.
I would like to thank my mentor Bud Kulesza for his support and encouragement to apply for the program.
Kostas Avramiotis, CMA
Kostas Avramiotis is a Senior Financial Analyst at Merck and member of IMA's Amsterdam Chapter.
Have you seen our CMA commercial? Check out our unique approach to educating millennials about the value of the CMA. https://www.youtube.com/watch?v=8fMMpSrjGqc&feature=youtu.be
Nearly 800 professionals gathered in the center of nonstop excitement to attend this year’s IMA® (Institute of Management Accountants) Annual Conference & Expo, held on June 18-22 at the Cosmopolitan Hotel in Las Vegas.
This year’s Conference offered more than 30 hours of NASBA-approved continuing professional education (CPE) credits from more than 50 educational sessions. Topics covered included business performance management, cyber security, leadership strategy, risk management, internal controls, the CMA® (Certified Management Accountant) certification, and more. Attendees had the opportunity to learn insights from leaders in the fields of entertainment, sports, the armed forces, education, and accounting and finance. Select attendees also participated in onsite job interviews with Johnson & Johnson and Amazon.com, which were looking to fill more than 70 positions.
Conference attendees can view copies of the session handouts on the Conference website (user name and password required).
In addition to the educational sessions, members networked at the Solutions Showcase, recognized the accomplishments of distinguished members and organizations at the Annual Awards Dinner, and exchanged insights at the Management Accounting Round tables. To view highlights of the Conference, including videos and session excerpts, check out IMA’s Facebook page. You can also follow IMA on Twitter at #ACE 16 to see how it all went down in real time.
Call for Sessions: ACE 2017 in Denver
During the fall, the 2017 Program Committee will review your submission, and you will receive notification by mid-November 2016 if your proposal has been accepted. Please note that IMA will review multiple proposals from the same individual.
If you have any questions, please contact LeighAnn Tobia, IMA conference and events planner, at email@example.com.
With around 1’100-1’400 attendees every year, the European Accounting Association’s (EAA) Annual Congress is one of the major events for academics in management, auditing and accounting.. This year’s congress took place in Maastricht, Netherlands, from May 11-13 and IMA was one of three Gold Sponsors for the event.
“IMA has been active in the Netherlands for over 25 years now with two strong academic partners locally, VU Amsterdam and RSM Erasmus University. That was a key factor on why we decided to be Gold Sponsor at this year’s EAA Congress.”, Nina Michels-Kim, Director IMA European Operations, explained. “The gold sponsorship gave IMA a lot of visibility with a prime location for our booth and the ability to provide various marketing material tailored for Educators.”
The EAA Annual Congress at the MEEC in Maastricht
IMA's booth at the congress
Prof. Dr. Klaus Möller, IMA Honorary Professor of Management Accounting, at the IMA booth
The booth was an instant conversation-starter and IMA was able to attract the attention of about 10% of the over 1’050 attendees. Visitors to the IMA booth could have their photo taken and/or participate in a raffle to receive teaching notes to the IMA student case study (normally a benefit reserved exclusively for IMA academic members), and, in addition, the winner received a voucher for Rokker motorcycle clothes (a vintage motorcycle outfitter based in St. Gallen, Switzerland) worth EUR 200.-. The winner of the raffle was Prof. Dr. Peter Kajüter, professor of business administration at the University of Münster, Germany. Congratulations!
Prof. Dr. Peter Kajüter, winner of the raffle
Apart from having a booth and providing marketing material, Gold Sponsors were also given the opportunity to organize a symposium on a specific topic. IMA’s symposium “Partnering between research & professional education institutions” featured Prof. Dr. Klaus Möller, Director Institute of Accounting, Control and Auditing, University of St. Gallen and IMA’s Honorary Professor in management accounting, as chair.
Mr. Möller led a panel including Dr. Raef Lawson, Vice President Research & Policy, IMA, plus three other IMA partners from different universities, Business Schools and professional education institutions: Prof. Dr. Hélène Löning, Associate Professor, Accounting and Management Control, HEC School of Management, Paris; Prof. Dr. Tom Groot, Head of the Department of Accounting, VU University, Amsterdam; Dr. Paolo Perego, Associate Professor in Management Accounting and Control, RSM Erasmus University, Rotterdam.
From left: Klaus Möller, Tom Groot, Nina Michels-Kim, Raef Lawson, Hélène Löning and Paolo Perego.
In their presentations, the speakers provided case studies on how it makes sense from the perspective of a researcher or a research driven organization to partner with professional education institutions.
Judging from the interactive nature of the symposium with a lot of questions from the audience, there was a lot of interest in the topic. For anyone who missed the symposium but would like to receive the 90 minute video recording, please send an email to firstname.lastname@example.org.
Recently, Strategic Finance was recognized by two prestigious industry groups for excellence in both design and overall content.
For the 2015 competition year, Strategic Finance won three awards in the Hermes Creative Awards competition: Platinum (for Publications, Magazine); Platinum (for Writing, Publications Overall); and Gold (for Design, Publications Overall).
The Hermes Creative Awards, sponsored by the Association of Marketing and Communications Professionals, are an international competition for creative work, writing, and design. This year’s field included approximately 6,000 entries, and only about 15% were recognized with Platinum Awards and 20% with Gold. Winners included associations, not-for-profit and for-profit organizations, colleges/universities, and more.
Strategic Finance also won an EXCEL Award from the Association of Media & Publishing in the category of Magazine Redesign. As IMA members might recall, the magazine was redesigned in March 2015, including a new logo, typeface, and layout, as well as the introduction of a stand-alone, open-access website, www.sfmagazine.com.
The EXCEL Awards are the largest and most prestigious awards program that exclusively recognizes excellence and leadership in nonprofit association media, publishing, marketing, and communications. Strategic Finance was named one of 227 winners from a pool of nearly 900 entries.
For more information on Strategic Finance, including current and past issues, please visit www.sfmagazine.com.
We are excited to announce a new benefit for our certified members:
This month we will launch digital badges for those who have earned their CMA. You can showcase your accomplishment of earning the CMA and share your badge on social media sites such as LinkedIn. The digital badge signifies your active status as a CMA and explains that you’ve demonstrated mastery in the skills of planning, analysis, controls, decision support, and other critically important skills. By clicking on the badge, a potential employer can learn more about the certification and also see that you’re an active CMA.
You will be receiving two e-mails from IMA stating your badges are ready to be claimed. Setting up your badges is easy and only takes a few minutes.
Once you receive the e-mails, follow these four quick steps:
1. After you click on the “claim your badge” button, click on “claim with new account” if you are a first-time user. You will use the e-mail that is attached to your IMA account to create a log in.
2. Click on the badge you wish to claim and then click “claim badge.” Choose the “my credentials” option in the dropdown menu to complete this step.
3. Click “view badge page” and go to the “share” section on the top right. Click on the LinkedIn icon and select “add to profile as certification.”
4. Ensure you click the “save” button to add the badge to your certification section on LinkedIn. Note: LinkedIn may prompt you to update your profile and you can choose to skip this step. Please refresh the page to view your badge.
Make the most of this opportunity by sharing it with your social and professional networks on Facebook, Twitter, LinkedIn, and other channels.
We anticipate that this new benefit will help you share your great accomplishment and also spread the word about the CMA, the world’s leading credential in management accounting.
IMA® (Institute of Management Accountants) recently extended its activities in Europe by signing a new Memorandum of Understanding (MoU) with AssoController, the association of controllers in Italy.
IMA was introduced to AssoController through IGC (International Group Controlling), an association of which IMA has been a member since 2014. Following that introduction, IMA held a joint event with AssoController last June, which featured Gary Cokins, IMA executive-in-residence, in Milan.
Under the MoU agreement, IMA and AssoController will offer their respective members mutual membership discounts. The two organizations also will cooperate on thought leadership initiatives. To date, AssoController and IMA have jointly worked on a research study, “Controlling in SMEs.” The signing of the MoU occurred at “Controller’s Day,” a joint event sponsored by AssoController and IMA Europe, on March 15 in the historic heart of Milan. The event, which also served as AssoController’s annual meeting, attracted more than 50 attendees and included discussion of topics such as the competence model and Italian professional standard UNI 11618: the impact on a controller.
Said Nina Michels-Kim, CMA, IMA director of European operations, “This partnership with AssoController is a win-win for both organizations. Existing IMA members in Italy gain a local network, and AssoController members gain access to the global resources of IMA. Furthermore, the cooperation with AssoController will help increase awareness of IMA and the CMA certification within Italy.”
Giorgio Cinciripini, AssoController president, commented, “AssoController is pleased to further internationalize our perspective by partnering with IMA. There are many commonalities between the two organizations, and we are happy to support the potential launch of the IMA Italian chapter in the near future.”