Australia, November 2015

CIMA: driving business success

Myriam Madden, CIMA president

CIMA celebrates with our 100,000th member:

CIMA Australasia highlights:

• Significant upturn in ‘loca’l growth

• Lowest lapsing rate in the world

• About to reach 5,000 strong CIMA population

• New CIMA Centre of Excellence

• Member Lounge launched

The Helicon - CIMA’s new corporate centre:

Our aim is to

place CIMA at

the heart of

business and

educational life

in the world’s

most influential

cities.

CIMA+AICPA: joining forces

CIMA+AICPA = more value from CGMA

‘Being the most relevant organisation in the

management accounting space’

• To ensure management accounting is seen as a

critical driver of long term business success

• For the CGMA Global Management Accounting

Principles to be prevalent in successful private and

public sector organisations

• To foster a growing professional CGMA community

committed to lifelong learning underpinned by market

based research

• To develop a best in class research based

organisation: business model, infrastructure, people

and resources for CIMA and the joint venture

CIMA+AICPA = stronger together

GMAPs: four core principles

Principle 1: influence

When the right people have

the right information at the

right time, they are better

placed to take decisions that

will drive long-term value

generation.

Principle 2: relevance

Management accounting

scans the best available

resources for information that

is relevant to the decision that

needs to be taken, the person

making the decision and the

decision style or process being

used.

Principle 3: value

Management accounting

provides a thorough

understanding of the

organisation’s strategic aims,

stakeholder needs and

agreed targets - ensuring that

actions are prioritised by

value rather than cost.

Principle 4: trust

People who

consistently adhere to

good values and best

practice become

trusted guardians of

an organisation’s

value.

The view of Unilever CEO Paul Polman:

KEEP

CALM AND

‘CARRY

ON AS

UNUSUAL’

The CIMA story through IR…..

We began incorporating IR into our

annual reviews in 2012.

IR has:

• enhanced transparency and

accountability

• helped to manage the organisation

in a more integrated way

• enable us to create a more defined

picture of our business model

CIMA 2014 annual report

2015 syllabus and examination structure:

New developments:

Computer-based

examinations

Exam structure designed to

assimilate the workplace

Case study exam and award

at the end of each level

On-demand exams at

purpose-built centres

Pearson VUE exam centres used by CIMA students in 2015

CGMA Competency Framework:

Competency and Learning website:

Further reading:

Global Management Accounting Principles:

www.cimaglobal.com/principles

The Ready for Business, bridging the employability gap report can be found on the

CIMA website, in the ‘Thought Leadership’ section.

The Competency and Learning website can be found at:

https://competency.cgma.org

Thank you!