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June 2005 Economic Outlook Survey

 

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Developments in Management Accounting

The American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) have agreed to collaboratively develop  products and services that are in the common interest of their collective membership who work in business and industry. With its focus on management accounting and the latest developments in global business, CIMA is a natural partner for the AICPA's Financial Management Center, which serves CPAs working in business and industry.

 

The first effort of the initiative is the "Developments in Management Accounting" series, which includes multiple titles concentrating on current management accounting issues and principles and strategies for implementation.

 

Members may view these documents by clicking on the links below.

 


The AICPA offers two additional resources designed to enhance and develop financial management skills and strategic knowledge:

 

·         The New Finance is concerned with the management of processes, technology, and resources and cover process-based accounting, ABC, competitive intelligence, and more.

·         The Management Accounting Guidelines, established in partnership with the Society of Management Accountants of Canada (CMA-Canada), focuses on financial management issues and offers guidance on current and evolving strategic management practices and concepts.


 

 

 

 


Report on National Single Audit Sampling Project
A federal study on the quality of audits performed under Circular A-133 was issued June 22, 2007. The report titled, Report on National Single Audit Sampling Project (the PCIE report), was issued by the President’s Council on Integrity and Efficiency (PCIE) and addressed to the OMB. Learn More>>
Management Accounting Change
AICPA Member
No organization is without change in today's dynamic business environment. Effective change management will increase the chances of organizations achieving their strategic goals in order to ensure long-term success. This guide provides the reader with an understanding of effective change management, a philosophy that if successfully implemented should permeate its culture. Learn More>>
Financial Performance Measurement
AICPA Member
Understanding performance measurement is critical to managers, directors, and finance professionals in order to determine the true position of a business and to assess where control activities must be focused. This resource assumes no prior knowledge of this important area and aims to provide an introduction to financial performance measurement as the foundation for understanding how performance measurement has evolved. Learn More>>
Corporate Performance Management
AICPA Member
Few high-performing firms are successfully redefining finance's role to meet the decision-support needs of senior executives. Corporate Performance Management (CPM) is an opportunity to help you, the finance professional, to be in a better position to provide senior management with the information and analysis they need to formulate and execute business strategies leading to corporate success. Learn More>>
Multidimensional Performance Management
AICPA Member
In today's dynamic business environment, traditional performance measures are no longer suitable. Factors such as globalization, increased competition, greater social and environmental awareness and a wider variety of stakeholders have made multidimensional performance measures critical in managing performance in an organization. This discussion highlights a range of multidimensional performance measures. Learn More>>
Corporate Performance Management for AICPA Members
AICPA Member
Few high-performing firms are successfully redefining finance's role to meet the decision-support needs of senior executives. Corporate Performance Management (CPM) is an opportunity to help you, the finance professional, to be in a better position to provide senior management with the information and analysis they need to formulate and execute business strategies leading to corporate success. Learn More>>
Multinational Performance Management
AICPA Member
Globalization and the resultant emergence of the global corporation have led to many challenges in organizational control and performance measurement. Organizational structures and performance measures must best suit the environment within which the organization finds itself competing. The following discussion seeks to highlight and explain these issues. Learn More>>