• Register
Return to: Home > News > Professional Bodies > IMA membership surpasses 100,000 milestone

IMA membership surpasses 100,000 milestone

The Institute of Management Accountants (IMA) has reached 100,000 members for the first time since its creation 99 years ago, and intends to further expand into India, Saudi Arabia and Brazil.

IMA reported total membership year on year growth of 23% from January 2017 to January 2018. For IMA president and CEO Jeff Thomson, this growth is representative of increased globalisation and especially from businesses in growing economies.  

Further, IMA has seen a 75% increase in the number of Certified Management Accountant (CMA) candidates in the last year, and also launched the Certified in Strategy and Competitive Analysis (CSCA) credential in 2017 to build on the CMA credential with a focus on strategic planning and analysis skills.

Thomson added: “Through IMA membership and the CMA certification, our mission is to help professionals prepare and remain competitive in the future as automation impacts our profession.”

Regarding the future of IMA, Thomson told The Accountant that there are plans to have a stronger presence in Indian and Saudi Arabian markets within the next three to 12 months. He added that there is also a long term investment and engagement plan over the next three years in Brazil, in cooperation with the Brazilian management accounting body National Association of Finance, Administration and Accounting Executives (ANEFAC).

“Brazil’s environment is very heavily regulated. As these markets evolve towards managerial accounting - forward looking financial planning and merger and acquisition, not the hard-core technical accounting,” Thomson said.

As automation, artificial intelligence, and blockchain, open up opportunities for higher-level advisory skills, IMA expects its qualification to further gain in relevance and as result membership to continue growing.

Top Content

    2018 Digital Accountancy forum and awards: Digital transformation

    The Accountant presents highlights from The Digital Accountancy Forum & Awards 2018 panel discussions

    read more

    2018 Digital Accountancy Forum and Awards: Tech deep dive

    The second panel session of the day saw experts discuss how new technologies should not just be seen as a threat, and could be used to improve accounting.

    read more

    Digital Accountancy Forum and Awards: The power of data

    The third panel discussion of the day saw panellists discuss some of the worries their clients have had, how to overcome them, and how data and technology are providing real business opportunities.

    read more

    Digital Accountancy Forum and Awards: The next generation

    With young people more mobile, and technology changing the industry rapidly, the final panel session of the Digital Accountancy Forum looked at how firms would need to adapt to the new reality

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.