IMA/AAA MAS Task Force to Reorient Undergraduate, MBA Accounting Curricula

Two thought leaders in accounting education, IMA® (Institute of Management Accountants) and AAA's (American Accounting Association) Management Accounting Section (MAS), are working to bridge the gap between the skills currently provided in accounting education and those required in practice. Ultimately, these skills translate to greater business performance and shareholder protection.

The IMA-MAS Curriculum Task Force presented its initial recommendations on January 12 at the 2013 Management Accounting Section Research and Case Conference in New Orleans, Louisiana. The presentation featured a transformational integrated accounting educational framework relevant to all accounting students.
 
"This achievement reflects IMA's long-standing commitment to education reform and to addressing the talent shortage in management accounting," said Raef Lawson, PhD, CMA®, CPA, IMA vice president of research, who serves as Task Force chair. "Accounting curricula must embrace how accountants today add organizational value in a variety of organizational settings, including content on strategy formulation and analysis, planning, and execution."
 
The task force's charge of developing a comprehensive integrated educational framework is responsive to recommendations made by the Pathways Commission, on which IMA has a representative. The Commission was formed in 2010 as a joint initiative between AAA and the AICPA to study the future of accounting education.
 
IMA's research initiatives aimed at addressing the skills gap date back to 1986 with its contributions to the AAA's Bedford Report, "Future Accounting Education: Preparing for the Expanding Profession," which examined accounting education and found a severe gap between what accounting educators teach and what organizations need from their accounting and financial staff.
 
 
Related articles:
 
Source: IMA
 

You may like these other stories...

Event Date: September 18, 2014, 2 pm ETIn this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.  By examining good, bad, and ugly leadership...
Teresa Taylor, former COO of the multibillion dollar telecommunications giant Qwest, remembers the exact moment she stopped chasing the work-life balance myth.When Taylor's eldest son Jack was in second grade he invited...
Event Date: September 10, 2014, 2 pm ETTransfer your knowledge and experience to prepare your team for the challenges and opportunities of an accounting career.  Kristen Rampe will show you can have a significant impact...

Already a member? log in here.

Upcoming CPE Webinars

Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
Sep 10
Transfer your knowledge and experience to prepare your team for the challenges and opportunities of an accounting career.
Sep 11
This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.
Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.