Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins

Exercise 30

Learning about Different Professional Organizations; Using the Internet There are a number of professional organizations throughout the world that represent the interests of the management accountant professional, providing educational materials and other services to the management accountant. A partial list of some of these organizations is provided below.

Institute of Management Accounting: www.imanet.org/

Society of Management Accountants (Canada) www.cma-Canada.org/

Chartered Institute of Management Accountants (UK): www.cimaglobal.com

American Institute of Certified Public Accountants: www.aicpa.org/index.htm

Financial Executives International: www.financialexecutives.org

Required In 200 words or less, explain how the different organizations support the profession of management accountant, that is, the nature and extent of the publications they offer, educational programs, and other services. Use specific examples that you notice in reviewing the Web sites.

Step 1 of 3

Management Accountants:

Management accountants use the financial information of a business to make the business decision. The role of making decisions used combines accounting, management and finance with the techniques that are required to drive the business successfully. Mainly, they give the monthly management of budget and accounts to support business planning.