160 likes | 172 Views
Learn about the Chartered Institute of Management Accountants - its mission, growth, global reach, and strategic focus on business success and professional development. Stay updated on CIMA's news and future direction.
E N D
GORDON GRANT DEPUTY PRESIDENT OF THE INSTITUTE 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Format of this talk • Facts and Figures • Strategy • News 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
About CIMASoundbites • The only international accountancy body with a sole focus on business. • The voice of over 155,000 members and students in 158 countries. • CIMA’s focus is to qualify students, support members and employers and protect the public interest. 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
About Cima Purpose The ever greater employability of CIMA members Vision CIMA members driving the world’s successful organisations Mission To be the first choice for employers in the qualification and development of professional accountants in business 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Facts and FiguresAbout us • Members October 2006 70,000 • Students October 2006 85,000 • Total Members & Students 155,000 • Countries represented 156 • Total Staff 330 • Annual Turnover 2005 £33,000,000 • Surplus 2005 £1,900,000 • Examinations p.a. 100,000 • Training partners (companies) 3,400 • Learning partners (academies) 120 • Practical Experience Assessments pa. 5,000 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Facts and Figures87 Years of Continual Growth We are doubling in size every 15 years. Our rate of growth is ever steeper. We are the fastest growing accountancy body in the UK. (as per FRC 2006) 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Facts and FiguresMembers Live World Wide England & Wales 69% Republic of Ireland 5% Malaysia & Singapore 5% Scotland 4% Sri Lanka 3% Australasia 3% Africa 3% North America 2% Hong Kong 2% Northern Ireland 1% Europe 1% Indian Sub Continent 1% Middle East 1% Elsewhere 2% 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Facts and FiguresWhy are we here? 18th and last of the 2006 series of face to face personal assessments that have welcomed over a thousand of new Members to CIMA. This is where we’ve been this year: 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
StrategyThe Competitive Landscape Management Skills Governance and Ethics Business Strategy Risk Management CIMA Narrative Reporting Financial Accounting And Compliance Management Accounting and Decision Making Sarbanes Oxley IFRS Tax Planning Treasury Policy Audit Technical Skills 26 June 2006 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
Strategy to 2010CIMA Career Value & Loyalty Finance manager Finance senior CEO Graduate Student Qualified Board time What services/products are needed to fill these gaps? 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
StrategyExamples of Current Products and Services • CPD Solutions • Harvard ManageMentor Plus • Mastercourses • CIMA Inform • Research & Technical Publications • Topic Gateways • Technical Information Service • Cranfield MBA • Deakin – CIMA MBA • Lisle MSC • Certificate in Business Taxation • Corporate Treasurers Fast Track • IOD Diploma in Company Direction • CIMA Publishing • Podcasts • Thought Leadership Series 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
News Ian Christison, President 2005-06 Annual General Meeting in June 2006 Strong Results in both Financial Performance & Membership Growth. “Vibrant, Dynamic and Progressive”, said Ian “ … a justified statement”. Strongly endorsed reputation building on employer confidence. Taking a lead on Narrative Reporting – KPI Openness & Transparency Accountancy Age quoted “Arguably, it is CIMA that is dictating the shape of the accountancy profession today.” 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
News • John Coghlan, President 2006-07 Annual Presidential Dinner in October 2006 • 220 Specially Invited Guests, Including, among the elite of UK Business, • Diplomatic Representatives: • Sri Lanka, Australia, South Africa, • Singapore, Ireland and Zambia. • Prestigious and eminent Speakers: • Douglas Flint, CFO HSBC Plc • Sir Nicholas Montagu, Chairman Inland Revenue 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
News • Presidential Dinner Closing Remarks… The profession must keep up with changing trends and must: • think and act globally • be forward looking • be focused on value creation • be focused on the development of its members & students CIMA is totally focused on business, and also on the needs of business, both in the UK and internationally. We are determined to stay at the forefront of change, for the benefit of business, the Institute, its Members, and the reputation of the accountancy profession overall. 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
News Release Embargoed until 13th November, and to be released during IFAC Conference in Istanbul. • “CIMA and CMA Canada collaborate on generating leading-edge research in Strategic Management Accounting” • - Development & production of Management Accounting Guidelines • Provision of continuous learning opportunities for professional accountants in business. • Inauguration of Annual Management Accounting Conference, starting London in November 2006. 2nd will be in Canada in fall of 2007. 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION
The Chartered Institute of Management Accountants 26 Chapter Street London SW1P 4NP United Kingdom T.+44 (0)20 849 2251 F.+44 (0)20 7663 5442 www.cimaglobal.com Contact Information Gordon.Grant@cimaglobal.com 10 NOVEMBER 2006 TORONTO BRANCH PRESENTATION