ICMA Australia

ABOUT ICMA

The Institute of Certified Management Accountants – Australia

The Institute of Certified Management Accountants (Australia) was incorporated in 1996 under the patronage of Mr William Dix (former Chairman of Ford and Qantas) and Professor John Miller (former Director of Consumer Affairs, Chairman of Pannell, Kerr, Foster and holder of numerous senior academic positions). Its objectives are to provide a professional organization for management accountants, and to encourage, disseminate and promote the specialization in organizations in Australia. Similar specialist bodies have been operating in most English-speaking developed countries, e.g. USA, UK and Canada, but not until that time in Australia.

The Institute offers a number of education programs that have received accreditation from many Australian and overseas universities. Being a CMA means a commitment to a continuous professional development, and the Institute offers seminars, training and other development activities to assist members achieve this objective. For the industry and employer perspective, the Management Accounting 2020 program offers industry-based certification for best practices in decision information and control systems.

The Institute is also an examining body, and members are required to pass examinations and other assessments and have relevant work experience prior to describing themselves as ‘Certified Management Accountants’. Business organizations are also accredited by the Institute as providing suitable training and experience programs for prospective members to obtain their experience requirements for membership.

ICMA OBJECTIVES

The Institute of Certified Management Accountants – Australia

ICMA (Australia) is established with a vision to attain the status of a premier body of professionals practicing the science of management accounting. The Institute thus aims:

  • To promote and develop the science of Management Accountancy and to foster and maintain investigations and research into the best means and methods of developing and applying such science and to encourage, increase, disseminate and promote knowledge, education and training and the exchange of information and ideas in respect of all questions relating thereto or connected therewith;
  • To provide a professional organization for Management Accountants and by means of examination and other methods of assessment to test the skill and knowledge of persons desiring to enter the profession;
  • To further the development of management accounting education in these disciplines in the universities and schools in Australia and Asia; To encourage research into the application of management accounting theory in practice;
  • To hold conferences and publish a journal as a means for disseminating ideas and information in the discipline of management accounting, and for promoting their discussion.

 

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