MONTVALE, N.J., April 18, 2016 /PRNewswire/ -- As part of its growing thought leadership platform, IMA® (Institute of Management Accountants), the association of accountants and financial professionals in business, announced today the release of its latest publication, The Master Guide to Controllers' Best Practices, Second Edition. It is available for purchase both in print and electronically at: http://www.imanet.org/resources-publications/ima-books/controllers-guide.
In response to the increasing need for professionals to transcend traditional finance roles, the guide explores key challenges controllers are facing in the workplace through research, best practices, case studies and tips from finance professionals – including successful tactics implemented in companies of various sizes and industries. Issues addressed include:
- Overseeing Governance, Compliance, Risk Management and Internal Controls
- Business Process Best Practices
- Planning Budgeting, Forecasting and Financial Close Best Practices
- Measuring Performance
- Process Improvement through Automation and Technology
- Leadership and the Evolving Role of the Controller
"It's an exciting time for finance professionals, with business leaders relying on their financial acumen, risk-management skills, compliance knowledge and governance experience to help make key decisions for their companies," said Raef Lawson, Ph.D., CMA, CFA, CPA, IMA vice president of research and policy. "Our goal with this guide is to provide professionals with the necessary tools to address challenges they face as they take on more responsibilities."
The book's Second Edition contains 40 percent new material, including an all new section on accounts payable, refreshed case studies on supply chain, benchmarking and metrics, and project management. Updates around automation processes, fraud prevention and other pertinent topics are also included.
To learn more about IMA's expanded library of thought leadership papers and books, please visit: www.imanet.org/thought_leadership.
About IMA® (Institute of Management Accountants)
IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking and advocacy of the highest ethical business practices. IMA has a global network of more than 80,000 members in 140 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/Africa. For more information about IMA, please visit www.imanet.org.
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SOURCE Institute of Management Accountants