The Institute of Management Accountants (IMA) and the Conselho Regional de Contabilidade do Estado de São Paulo (CRC-SP) have entered into a strategic partnership to support advancement of the management accounting profession through IMA membership and promotion of the CMA certification among accounting professionals and students in Brazil.

CRC-SP is a federal entity representing 150,000 accounting professionals and 20,000 accounting firms located within the state of São Paulo, Brazil. It is responsible for certifying, enforcing, and educating its members. 

The partnership was announced at the IMA’s Annual Conference and Expo (ACE) in San Diego and coincides with the IMA’s centennial. The agreement was signed by IMA president and CEO Jeff Thomson and CRC-SP president Marcia Ruiz Alcazar.

The new venture expands on the organisations’ existing relationship and outlines the basis for ongoing cooperation, collaboration and alignment. Partnership elements will include discounted IMA memberships and CMA Scholarships for CRC-SP members and students.

The organisations will encourage their members to attend and present at one another’s conferences: IMA’s ACE and CRC-SP’s bi-annual Convenção. They will also hold one joint event per year, beginning in 2019.

Thomson said: “IMA has a strong interest in deepening its relationships and memberships internationally and, by formalizing our partnership with CRC-SP, we are taking an important step toward that goal in Brazil. We look forward to a fruitful partnership that will support the growth of management accounting and build important skills among professionals throughout the region.”

Ruiz Alcazar said: “CRC-SP is committed to increasing the value of the accounting profession in Brazil.  We believe that the collaboration between IMA and CRC-SP is a platform for elevating the skills and knowledge of our members, strengthening our continuing education program (NBC PG 12).”