IMA Announces Record Numbers, Global Growth with 2014 Annual Report

Dubai, UAE, February 1, 2014 In fiscal year 2014, IMA (Institute of Management Accountants) achieved its highest membership in 15 years with more than 72,900 members globally and a 23-percent rise in international members. These figures were released today in IMAs 2014 Annual Report, which details the fiscal year from July 1, 2013 through June 30, 2014. To view the digital report, visit: http://www.imanet.org/2014-Annual-Report/.

To keep pace with growing international engagement and support the vital role of management accounting in the global economy, IMA opened offices in Shanghai and Cairo. Professional and student chapters were also opened in Kuwait and Pakistan, joining more than 300 existing councils and chapters in more than 100 countries.

In fiscal year 2014, IMA also extended the global reach of the CMA (Certified Management Accountant) with approximately 6,000 candidates now hailing from the Asia-Pacific region. The report shows that new candidates rose 31 percent, totaling a record 14,662, while CMA candidates worldwide numbered 22,277 in all, up 19 percent from the previous year.

Our growing numbers show that more professionals than ever before are turning to IMA for the support they need in a challenging business environment, said Jeff Thomson, CMA, CAE, president and CEO of IMA. The management accounting landscape is ever-changing, and our mission is to serve as a trusted source of insight, information and networking for professionals worldwide.

To further strengthen this global presence, and to continue to serve as a voice for IMA members and the management accounting profession, IMA joined the International Federation of Accountants (IFAC) in 2014. IMA was named one of only two U.S.-based accounting associations admitted to IFAC and will continue to advocate for the highest professional standards in accounting. In addition, IMA is now one of only three U.S.-based associations to be named a full voting member of the International Integrated Reporting Council (IIRC). IMA will support IIRCs mission to produce more effective corporate reporting and external disclosures.