Golden West Council
Institute of Management Accountants
Council #4
Serving Hawaii, Northern California, and Northern Nevada

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Golden West Council
Board of Directors Nominations Slate
 for
2012-2014
 

IMA Holds High Standards for Management Accounting Certification;
 Announces Position on CGMA Designation

IMA® recognizes efforts by AICPA and CIMA to create a new management accounting designation, as this reinforces the critical role management accountants play in today’s competitive global marketplace. However, the absence of proper testing and assessment during the three-year grandfathering period – in which U.S. CPAs who meet basic experience criteria and pay a fee will receive the CGMA (Chartered Global Management Accountant) designation – is troubling. Equally concerning is a six-month, free auto-enrollment period in which CPAs who meet the education criteria automatically become CGMAs and are then required to “opt out.”

In contrast, IMA believes the most credible means for certifying competency in management accounting is by studying for and passing a rigorous testing program, combined with an educational and experience requirement. To date, the Institute of Certified Management Accountants (ICMA®), the certification affiliate of IMA, has issued more than 36,000 CMA® certificates to professionals who have earned their credential by passing a rigorous multipart exam.

Backed by 40 years of management accounting innovation and insight from IMA, the CMA credential is today’s most market-relevant assessment of professional accounting and finance career qualifications.

As IMA continues to support the growing field of management accounting, the organization also hopes that all accounting associations keep sight of the ultimate mission to responsibly serve individuals, the profession, and society by assuring the skills of management accountants are verified and fully aligned with the needs and standards of today’s businesses.

In fulfilling its mission of advancing the profession, IMA intends to be a fierce competitor in ensuring that organizational capability is enhanced with properly certified management accounting professionals.

Join the Discussion

IMA members and nonmembers are invited to join an online discussion, “What does it mean to be a management accountant?,” on LinkUp IMA. Tell us what IMA and the CMA mean to you.

STRATEGIC GOALS OF IMA AND THE GOLDEN WEST COUNCIL

• Create Superior Member Value

• Increase the Penetration of the CMA Exam

• Grow Membership

The Golden West Council Chapters
 were awarded the following at the 2010 IMA Annual Conference:
San Francisco Chapter: 13th Place, Stevenson Division
Reno Chapter: 15th place, Warner Division
Peninsula - Palo Alto Chapter: Silver Medal for Website, Stevenson Division

GWC 20011-2015 Draft Strategic Plan

IMA Record Retention Policy October 20, 2010

0n May 19, 2012, the Golden West Council will hold its Leadership Training Seminar and Annual Council Meeting at
2180 Harvard Street, Suite 250, Sacramento CA 95815

Time: 08:00 AM to 04:00 PM
Cost: $40.00
Morning Snack and Lunch is included.

Reservations: Contact LuAnn Klann at lu@prosolu.net.

Agenda and Reports

The Leadership Training Seminar and Annual Council Meeting is open to all members of the IMA in the Northern California, Northern Nevada, and Hawaii areas.

The Golden West Council and the Pacific Northwest Council of IMA, representing 28 chapters in eight states, is pleased to present the premier educational event in the Western U.S. – REST 2013. This two and a half day program celebrates its 18th year of offering high quality, leading edge programs geared to accounting and finance professionals. Prior year attendees have been impressed with the quality of topics and speakers, combined with a low cost destination served by airlines, and offering low cost transportation. This type of seminar is an excellent opportunity for both business and personal networking not available through other CPE delivery mediums.

Council and Chapter Monthly Schedule

Golden West Council Competition Standings
March 2012

   Stevenson Division

Warner Division

Inactive Chapters / Not in Competition