MONTVALE, N.J., Jan. 14, 2016 /PRNewswire/ -- Today, in its 2015 Annual Report, IMA® (Institute of Management Accountants), the association of accountants and financial professionals in business, announced record growth in the face of marketplace consolidation, commoditization and competition. This year's theme, "Stronger Together," focused on four main areas – innovation, education, collaboration and leadership – and details the fiscal year from July 1, 2014 through June 30, 2015. For more information, visit: http://www.imanet.org/2015-annual-report/site/index.html
According to the report, the CMA (Certified Management Accountant), widely recognized as the leading management credential in the world, reached new heights – breaking previous growth records with more than 3,500 new professionals earning the credential in 2015, the highest number in any fiscal year and a 17 percent increase over 2014. What's more, this year saw a 19 percent growth in overall CMA candidates.
Supported by a 10 percent growth in revenue in fiscal year 2015, IMA also expanded to 138 countries. There are a combined 300 professional and student chapters worldwide, including eight new chapters in India. As part of its mission to provide members with educational experiences and opportunities for service and involvement, IMA also provided more than 156,000 hours of continuing professional education.
"Management accounting has and will continue to make a difference in enabling ethically sound and financially capable professionals and organizations. As the business landscape evolves quickly, we can't afford to stand still," said Jeff Thomson, CMA, CAE, president and CEO of IMA. "This year, IMA responded to the needs of our members and came together to develop and deliver new products and services to enhance their careers and the performance of the organizations where they work."
According to Thomson, IMA's success was driven through the creation of robust, education-focused and technology-driven programs, services, research and partnerships, empowering its members to succeed in the face of great change.
In fiscal year 2015, IMA delivered cutting-edge innovative services in accounting and business to members through its U/X (user experience) team and Inspired Technology Lab, an all new online career planning tool, Career Driver, the redesign of its flagship publication, Strategic Finance, and more.
For more information on IMA, visit http://www.imanet.org
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 75,000 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.
SOURCE Institute of Management Accountants