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Both IMA, which is headquartered in the U.S., and ACCA have a long history of seeking innovations in finance and accounting, recognising that a strong global profession needs to innovate to be relevant in a fast-changing world. We have already delivered several tangible products and services to global practitioners, especially in the research and thought leadership areas
—Helen Brand, chief executive, ACCA

Global professional accountancy bodies join forces to empower accountants and financial professionals to drive business performance

ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) announced today (25 June 2012) their global strategic partnership. The signing of the agreement took place at IMA’s Annual Meeting of Members, during IMA’s Annual Conference & Exposition, in Las Vegas, Nevada, USA.

The partnership was formalised by Mark Gold FCCA, ACCA’s senior council member and former global president and Brian McGuire, Ph.D., CMA, CPA, IMA Chair.

'This partnership complements our respective strengths,' said Dr. McGuire. 'Our plans include research collaborations, CFO roundtables, joint chapter events, and the exploration of opportunities to increase awareness and adoption of our respective certifications.

'ACCA is one of the world’s most respected and influential accounting associations, with nearly 590,000 members and candidates in 170 countries, working through 83 offices and centres. ACCA’s mission and history is very similar to IMA’s – one of inclusivity, community, and service to the global profession. There are clear synergies between both organisations and I am delighted to be making this announcement today,' continued Dr. McGuire.

Helen Brand, chief executive, ACCA, said: 'Both IMA, which is headquartered in the U.S., and ACCA have a long history of seeking innovations in finance and accounting, recognising that a strong global profession needs to innovate to be relevant in a fast-changing world. We have already delivered several tangible products and services to global practitioners, especially in the research and thought leadership areas.'

Mr. Gold added: 'Partnerships are essential to ACCA as they help to deliver benefits for our members and our students and to develop a strong global profession which brings value to business. By working together, we can share our expertise for the benefit of the global profession.'

Jeff Thomson, CMA, IMA president and CEO, concluded: 'Together, we summarise this exciting new strategic partnership very simply – ACCA and IMA, global bodies empowering accountants and financial professionals to drive business performance.'