The Institute of Management Accountants (IMA) has reintroduced the IMA’s Statements on Management Accounting (SMAs) representing a comprehensive summary of specific bodies of knowledge defining competency in management accounting.
Thousands of executives with financial reporting responsibilities use the Comperio on-line library to access the type of information and interpretive guidance PricewaterhouseCoopers' own professional audit staff use around the world. Key content areas include guidance from the FASB, EITF, PCAOB, SEC, and others as well as PwC's interpretive guidance. Get more information and sign up for a complimentary 30-day trial.
“Through IMA’s Statements on Management Accounting, professionals have access to IMA’s relevant and growing body of knowledge. The SMAs are accessible, comprehensive and highlight the issues of the profession,” said Raef Lawson, Ph.D., CMA, CPA, IMA director of research. “We are pleased to revitalize our research pipeline and reintroduce SMAs to deliver practical knowledge to the profession.”
The SMAs cover a range of topics relevant to management accounting professionals, including lean enterprise fundamentals, lean accounting, implementing target costing, enterprise risk management and knowledge management. Each SMA includes comprehensive research on the topic, as well as rationale, definitions, business issues, the role of management accountant and, as applicable, implementation steps of processes and case studies. They are intended to provide value to practitioners, professors and students and are available in electronic format (.pdf) for free download at the IMA’s web site http://www.imanet.org/publications_statements.asp.
Authored by management accounting professionals and academics, SMAs undergo a peer review process and a further exposure process, before being published. IMA is currently accepting suggestions for future SMA topics, as well as suggestions for authors and reviewers. New topics, in line with timely issues of the profession, will be added on an ongoing basis.