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May 24, 2013
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World Congress of Accountants
CGMA Designation Awarded Imperial Sponsorship for World Congress of Accountants 2014
The International Federation of Accountants today announced that the Chartered Global Management Accountant (CGMA) designation—a joint venture of the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA)—has been awarded the top sponsorship for the 2014 World Congress of Accountants by the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili (CNDCEC).
Held every four years, the World Congress of Accountants (WCOA) is among the most prestigious events in the profession and attracts more than 5,000 global delegates each time it meets. WCOA 2014, hosted by the CNDCEC, will take place November 10-13 in Rome’s Auditorium Parco della Musica. The theme—2020 Vision: Learning from the Past, Building the Future—will explore the pivotal role of accounting amid rapid economic, political, and social change. Delegates will discuss and debate best practices of the future and how accountants can lead the way in driving innovative and successful organizations.
“We are very excited by CGMA’s Imperial Sponsorship of WCOA 2014 and commend CNDCEC for its efforts in securing it,” said IFAC CEO Fayezul Choudhury. “The World Congress provides a unique opportunity for accountants from around the world to network, interact, and share knowledge. We appreciate CIMA’s and AICPA’s support for the Congress’ goals of fostering global unity and collegiality among professional accountants.”
In a joint statement on behalf of CGMA, Barry Melancon, CPA, CGMA, president and CEO of the AICPA, and Charles Tilley, FCMA, CGMA, chief executive of CIMA, said, “We are honored to sponsor the World Congress of Accountants next year and look forward to showcasing the unique perspective that CGMA designation holders bring to business. Professional accountants in business are on the front lines of the future, navigating the challenges of complexity and uncertainty to guide their organizations toward sustainable market opportunity. We believe our growing community of CGMA designation holders have the skill set of the future.”
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 172 members and associates in 129 countries and jurisdictions, representing approximately 2.5 million accountants in public practice, education, government service, industry, and commerce.
CNDCEC represents the accountancy profession in Italy. It is a public entity regulated by law, under the supervision of the Ministry of Justice. CNDCEC is one of the founding members of IFAC, FEE (Fédération des Experts Comptables Européens) as well as of other Regional and sectoral international Organizations. It has oversight powers over 140 local chapters.
The main fields of activity of the Italian accountancy profession are: accounting, taxation, auditing, corporate governance, management consulting, and insolvency.
The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with more than 203,000 members and students operating in 173 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organizations.
The American Institute of Certified Public Accountants (AICPA) is the world’s largest association representing the accounting profession, with nearly 386,000 members in 128 countries and a 125-year heritage. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.
The AICPA and CIMA launched the CGMA designation in January 2012 to elevate the profession of management accounting and establish global criteria for quality. The CGMA designation distinguishes accounting professionals who have achieved demanding levels of education and experience and provides organizations the consistency and confidence they need to operate across borders, around the world. There are more than 128,000 CGMA designation holders globally and they are helping shape 95 of the world’s top 100 brands.
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