IMA Reintroduces Statements on Management Accounting
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.
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“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.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.