CIMA And AICPA Jointly Build The World'S Largest Accounting Organization To Launch New Certificates

New certificate -- global franchise management

The London based CIMA Chartered Institute of Chartered Accountants and the New York based American Institute of Certified Public Accountants (AICPA) announced today that their respective boards have considered the adoption of the cooperation plan between the two sides - the formation of the world's largest accounting organization and the promotion of a new global accounting qualification certificate, which is called the Chartered Global Management Accountant. The new certificate will mark the holder in management accounting.

CIMA is the largest organization of Management Accountants in the world. AICPA is the largest professional accountancy organization in the world, with its membership in various positions in finance and accounting.

The new organization formed by both sides will have 550 thousand members and trainees, making it the largest accounting organization in the world.

The strength of AICPA in North America and the influence of CIMA in Europe, the Middle East, Africa and the Asia Pacific region will help to improve the position of management accounting in the US and promote the global promotion of management accounting.

CIMA President George Glass said: "we are very pleased to see that this strong alliance will strongly promote the development of management accounting worldwide.

This is in line with the strategic objectives of CIMA, and will also ensure that management accountants receive first-rate support from all over the world.

Mr. Paul Stahlin, President of AICPA, said: "our cooperation with CIMA has brought long-term strategic value to our members and opened up a new career development space for us certified public accountants engaged in management accounting."

CIMA global executive director, Mr. Charles Tilley, said: "the new global certificate of management Chartered Accountants (CGMA) will become a gold medal in the management accounting profession, marking the ability of the witness to create value for the business and bring about sustainable development.

Our organization will spare no effort to enhance the reputation of the certificate worldwide and make it a passport for global employment.

Mr. Barry Melancon, President and chief executive of AICPA, said: "when economic globalization is an indisputable fact and will be further globalized in the future, we need to establish a benchmark for measuring the professional level of management accounting in the world.

The global Chartered Management Accountants Certificate (CGMA) requires not only excellent managerial accounting skills, but also excellent professional ethics and integrity.

We develop successful management accountants and get them worldwide recognition. "

ENDS

[CIMA introduction]

CIMA the Royal Chartered Institute of management accountants was founded in 1919. It is the world's largest institution of certification, management and supervision of Certified Accountants. It is a non-profit organization with 183 thousand members and trainees in 168 countries.

CIMA members occupy important positions in management, and play a decisive role in the business, government and non-profit organizations with solid financial knowledge, excellent management skills and excellent strategic thinking.

In China, CIMA has developed rapidly and has become the largest platform for international financial executives and financial leaders.

CIMA, through close cooperation with employers and enterprises and funding cutting-edge research, constantly update the education accreditation system, vocational qualification requirements and career development plans, making CIMA the preferred qualification for employers to finance financial backgrounds.

CIMA is committed to continuously improving the professional standards and professional ethics of members and students, and popularizing the credibility of management accountants.

CIMA's global financial support business strategy and the concept of strategy integrated with financial management have been recognized and practiced by nearly 4500 excellent enterprises all over the world. Since entering China, CIMA has held the grand "CIMA best China cooperation employer enterprise award ceremony" in mid 11 every year. It is the highest honor of the CIMA global headquarters awarded to those cooperative employer enterprises who attach importance to personnel training, advanced financial management and forward-looking development strategy in China.

The companies that won the title of CIMA best Chinese Cooperative employer include: HSBC, general electric, Shell, Unilever, Coca-Cola, Tetra Pak packaging, Lenovo, AstraZeneca, PHILPS, Accenture, Lining, ZTE, Volvo automotive finance, Tencent, DHL and so on.