Collaborative projects around the world keep CIMA at the cutting edge of innovation.
| Author | Grant, Gordon |
| Position | In business - Chartered Institute of Management Accountants |
The global business community is well aware of the seismic shifts that are transforming how and where we do business. More crucially for CIMA, these shifts are highlighting the scope and intensity of competition around the world in the war for talent.
CIMA, which was commissioned last month by the World Bank to lead a project to strengthen the capabilities of the main accountancy body in Bangladesh, is playing an increasingly important role in helping developing nations to improve their financial and business management skills. It's vital that enterprises in these expanding economies can operate with confidence and integrity in the global marketplace. The institute will be the sole expert supplier to the Ministry of Commerce and the Institute of Cost and Management Accountants in Bangladesh. The project, funded by the World Bank, will provide a model for CIMA to collaborate on similar programmes for other developing nations in future.
Part of CIMA's recognised value to employers, regardless of whether they operate in developed or developing economies, is that we don't simply educate people to become technical accounting experts. We advocate a much wider role for the finance professional in supporting other parts of the organisation. Employers expect us to anticipate the skills required to develop their finance professionals of the future.
The institute is delighted, therefore, to announce the launch of the CIMA Centre of Excellence at the University of Bath School of Management. Uniquely, the centre will conduct longitudinal, independent, international research into the knowledge and skills needs of finance professionals. It will investigate how these requirements change over their careers and how to develop best practice in order to meet them. The objective is to maximise the value that financial managers add to their organisations.
As far as we're aware, this is the first time that a leading professional body and academic institution have come together to investigate these issues with a sole focus on finance professionals. Although anecdotal evidence is available, the centre will use rigorous academic research to...
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