Institute of Certified Management Accountants
Encyclopedia
The Institute of Certified Management Accountants (ICMA) is an Australian organisation focused on management accounting, it differs from other Australian Accounting societies: CPA Australia
CPA Australia
CPA Australia is one of three professional accounting bodies in Australia, the others being the Institute of Public Accountants and the Institute of Chartered Accountants of Australia....

, Institute of Chartered Accountants of Australia
Institute of Chartered Accountants of Australia
The Institute of Chartered Accountants in Australia is the professional accounting body representing Chartered Accountants in Australia. It has over 50,000 members and has some 12,000 students. It is a founding member of the Global Accounting Alliance .-History:The Institute of Chartered...

, Institute of Public Accountants due to this focus.

The Institute has offices and members outside of Australia, in Asia, India, Lebanon, UK, UAE, Africa and Cyprus.

Worldwide distribution network education program, including China, India, Indonesia, Lebanon, Malaysia, Dubai, Singapore, Papua New Guinea, Philippines, Sri Lanka, Canada and the European Union. (Note that some countries have established CMA-equivalent organizations such as CMA Canada, ICWAI India and ICMA Sri Lanka).

The proposed merger of CMA Australia with IMA (USA) abandoned in 2006.

Some discussion of becoming an IFAC member.

There are four grades of membership (designations) within the Association:

· Certified Management Accountant (CMA) - Requirements: Degree from a recognised university or Professional Qualification in Accounting, completion of CMA units and 5 years relevant experience

· Associate Management Accountant (AMA) - Requirements: Degree from a recognised university or Professional Qualification in Accounting and 3 years relevant experience

· Graduate Management Accountant (GMA) - Requirements: Degree from a recognised university or Professional Qualification in Accounting or completion of Graduate program

· Management Accounting Affiliate (MAA) - Open Entry for those interested in the field of Management Accountancy

The ICMA has joined as a founder and sponsoring member of IMACTM (the International Management Accounting CollaborativeTM) a senior academic research collaboration spanning many countries. Preliminary informal discussions have taken place on the IMACTM concept with CMA (Canada); ICWA (India) and CIMA (UK).

In June 2008, ICMA introduces "THE INSTITUTE OF CERTIFIED CARBON ANALYSTS AND AUDITORS (ICCAA)". The principal object of the ICCAA is therefore, to advance, promote, measure, regulate and provide assurance certification of carbon credits for the effective implementation of emissions trading systems aimed at encouraging participation in carbon credit markets by its members to improve environmental sustainability and provide solutions to reducing the greenhouse effect and resultant climate change.

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