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Management Accounting Guidelines

Strategic  Management Guidance for the Business Professional

 

CPAs who practice in business and industry can address current financial management challenges by using action-oriented Management Accounting Guidelines (MAGs) developed by the AICPA, CMA-Canada and CIMA (Chartered Institute of Management Accountants). Focusing on selected financial management issues, MAGs provide guidance on current and evolving strategic management practices and concepts.    

 

Each publication offers practical implementation guidance for practitioners in addition to the latest topical information. While the MAGs are authored by academic or professional business writers, AICPA, CMA-Canada, and CIMA member volunteers review each publication thoroughly to make sure they contain actionable advice and content.

 

In addition to the MAG documents the AICPA in conjunction with CMA-Canada and CIMA is producing a series of Infocasts on the most recent MAGs.

 

Access MAGs and Infocasts

 

What's New

 

Infocasts

 

 

Sponsored Robert Half International and produced in collaboration with CMA Canada and CIMA, these Infocasts provide implementation guidance on strategic management topics.

 

Sponsored Robert Half International and produced in collaboration with CMA Canada and CIMA, these Infocasts provide implementation guidance on strategic management topics.

 

The Spring 2009 Strategic Management Infocast Series features three programs focused on risk, an increasingly critical skill set in challenging economic times. This program is a free member benefit offered by the AICPA in collaboration with CIMA (The Chartered Institute of Management Accountants) and CMA Canada.

 

Click on the links provided to register for any one of these FREE programs (optional CPE credit for $34 members/$44 non-members).

 

 

Our Spring series will kick off on March 19 with Financial Risk Management: Essential Tools and Techniques. This presentation will feature Margaret Woods and Kevin Dowd from the University of Nottingham Business School, co-authors of the new Management Accounting Guideline Financial Risk Management for Management Accountants.

Essential Tools and Techniques will demonstrate how to identify and quantify risks related to interest rates, credit quality, liquidity, commodity prices, foreign exchange rates, and other financial risks, and how to apply tools for managing those risks including the use of forward, futures and options contracts as well as internal and external hedging and netting strategies.

 

On April 23 CIMA Specialists Gillian Lees and Helenne Doody will present Fraud Risk Management: It Can Happen to You, based on CIMA’s newly revised Fraud Risk Management: A Guide to Good Practice.   

 

Using case studies drawn from a range of organizations that have fallen victim to fraud, this practical, solutions-oriented Infocast will help participants identify the key components of an anti-fraud strategy and apply essential tools and techniques for fraud prevention, fraud detection and fraud response.

 

 

The Spring series will conclude on May 21 with a presentation by Mark Beasley and Bonnie Hancock from the ERM Institute at North Carolina State University. Enterprise Risk Management: Rising Expectations  will present findings of a recent survey of AICPA members serving as CFO of their organizations about the state of ERM and emerging trends. It will focus on critical success factors for the effective launch of an ERM program.

 

 

 

The Fall 2008 Strategic Management Infocast Series is also still available for viewing.

 

The Spring 2008 Strategic Management Infocast Series is also still available for viewing.  

 

Fall 2007 Infocast Archives Still Available for Viewing

Archives of the Fall 2007 Infocasts are available. Follow the links below to go to the Infocast Web site.

 

 


Identifying, Measuring and Managing Organizational Risks
AICPA Member
This MAG discusses how to evaluate many different types of risk and incorporate these into decisions regarding investments and operations. Learn More>>