Michael DePrisco, IMA President and CEO, breaks down the dominant trends of 2024 in this special year-end video. New developments this year in #GenAI made its adoption a business imperative. But upskilling workers in how to use it became equally important. Mike discusses how new innovations at IMA, like the roll-out of online shared interest groups, contributed to knowledge-sharing and thought #leadership about AI as well as small business matters, #sustainability, and DE&I. For an insightful recap of the stories that shaped 2024, check out this three minute video and read more on our blog, https://lnkd.in/e5rg9uwF #accounting #finance
IMA | Institute of Management Accountants
Accounting
Montvale, New Jersey 116,173 followers
The Association of Accountants and Financial Professionals in Business
About us
IMA® is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant), CSCA® (Certified in Strategy and Competitive Analysis), and FMAA™ (Financial and Managerial Accounting Associate) certification programs, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of about 140,000 members in 150 countries and 350 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its six global regions: The Americas, China, Europe, Middle East/North Africa, India, and Asia Pacific. For more information about IMA, please visit www.imanet.org.
- Website
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http://www.imanet.org
External link for IMA | Institute of Management Accountants
- Industry
- Accounting
- Company size
- 51-200 employees
- Headquarters
- Montvale, New Jersey
- Type
- Nonprofit
- Founded
- 1919
Locations
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Primary
10 Paragon Drive, Suite 1
Montvale, New Jersey 07645, US
Employees at IMA | Institute of Management Accountants
Updates
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Are your accounting and finance teams embracing AI? AI for accounting specifically has a projected compound annual growth rate of 32% by 2028, according to findings from Mordor Intelligence, and the technology is delivering big benefits. AI can save accounting and finance professionals time and improve productivity. Instead of using traditional accounting methods, finance teams are using AI to automate and redistribute certain tasks, such as invoicing and cash collection. This allows team members to turn their focus to activities that add more value to the business. Discover how teams are leveraging AI and best practices for integrating the technology into the finance function: https://lnkd.in/eRWJsgFv #ArtificialIntelligence #accounting #finance
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Did you pass today’s #CMAPopQuiz? #CMA
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Our #CMAPopQuiz is back with another question to help you prepare for the #CMAExam! Check back later to see if you got it right.
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Have you felt burned out at some point this year? You’re not alone. As companies strive for greater efficiency and productivity, employees are feeling the pressure. In the United States alone, half of workers have suffered burnout in the past year, according to a 2024 survey by Grant Thornton. One antidote for accounting and finance professionals is AI. The advanced technology is providing overstretched finance teams a not-so-secret weapon that frees up more time for them to tackle higher-level tasks in the finance function. As a result, AI increasingly wipes out the risk of spreadsheet fatigue. How else is AI helping accounting and finance professionals avoid burnout? https://bit.ly/3BEin9x #ArtificialIntelligence #burnout #finance #FinanceProfessionals
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Starting February 2025, you’ll be able to schedule your English FMAA exam at a Prometric Testing Center at a time that’s convenient for you (space permitting). No more testing windows—take the exam when it suits your schedule! The FMAA is IMA’s foundational certification, equipping professionals with fundamental skills in managerial and financial accounting. Learn more, https://bit.ly/41CVE8o #FMAA #certification #exam #accounting #finance
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How has environmental, social, and governance (ESG) factors changed your role and responsibilities? ESG activities and other sustainability issues have a big impact on an organization’s reputation and performance. As nonfinancial risks become critical factors in investment decisions, accounting and finance professionals must be ready to adapt. Across the world, finance teams are adjusting to new reporting rules and generally need to understand how ESG and sustainability issues impact the financial function. This includes the emergence of new and pending disclosure requirements. Fortunately, much of the data teams need already exists. But, that information might be scattered across different divisions and departments. “The challenge is pulling it all together and getting it in one place,” said Su Rim, CPA, assurance senior manager and co-leader of the ESG practice at BPM. Discover other ESG and sustainability trends and topics Strategic Finance covered in 2024: https://bit.ly/3ZU97aO #FinanceProfessionals #finance #esg
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Did you pass today’s #CMAPopQuiz? #CMA
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Our #CMAPopQuiz is back with another question to help you prepare for the #CMAExam! Check back later to see if you got it right.
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🎓 Last chance to save 20% on your #CPE! Buy now, learn when it works for you - #courses can be completed anytime in the next 12 months. Don't miss out - offer ends Sunday, Dec. 15. Use code: CPE20 at checkout. Get discount, https://bit.ly/4f9Ya9m #certifications #learning #certificates #accounting #finance