The IMA AZ Valley of the Sun Chapter is a chapter of the worldwide association of accountants and financial professionals working in business called the Institute of Management Accountants (IMA). We, like our global organization, are committed to helping you – and our more than 500 members (80,000 members globally) – to expand your professional skills, better manage your organization, and enhance your career.
Founded in 1964 and 1969 respectively, the Phoenix and Scottsdale chapters merged in 2002 into the current AZ Valley of the Sun chapter. Our global organization, with more than 90 years serving the financial management and accounting profession, was founded in Buffalo, NY in 1919 as the National Association of Cost Accountants (NACA). The name was later changed to the National Association of Accountants (NAA) and in 1991, the organization name was again changed to the Institute of Management Accountants (IMA), signifying the broader role as the association for accountants and financial professionals working inside organizations. Today, our global association is known by the shorthand – IMA. Like our global organization, our chapter vision is to be the leading resource for developing, certifying, connecting, and supporting the world’s best accountants and financial professions in business.
IMA’s mission is to provide a forum for research, practice development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting and finance. They do this by:
- Offering a rigorous, highly respected credential – the CMA – that recognizes and rewards expertise
- Building a peer network of professional relationships to share industry experience, access career opportunities, and make business contacts to last a lifetime.
- Providing extensive education programs to advance professional knowledge, increase leadership potential, and satisfy CPE requirements
- Giving a voice to the profession with insightful and timely journals and newsletters
- Promoting leading-edge research and industry best practices
- Advocating for the profession in a challenging regulatory environment.
IMA currently represents more than 70,000 accountants and financial professional in business. The participation of each of our members makes the success of our mission possible.
In our fiscal year, July 2018 – June 2019, IMA AZ Valley of the Sun Chapter has the goals to:
- Increase awareness of CMA and certifications issued
- Increase membership growth by 5% (to 545 members)
- Increase current member involvement by 25%
- Demonstrate community spirit
- Provide superior member value through diverse educational and networking opportunities
Through superior education meetings with CPE, CMA Exam Prep Webcast Courses, recognition and mentoring, monthly community service events, three student chapters, and three annual social events, IMAAZ continues to fulfill our annual goals.
This year we continue to offer many types of events including:
- CMA Exam Prep Webcast Courses,
- Plant Tours,
- Networking Socials,
- A 4-hour Fraud Prevention, Detection and Response Session , and
- Dinner Technical Meetings.
If one were to attend every event, they would earn a total of 36.00 hours, and more than half of these hours could be earned through the convenience of a webcast.
Through our community service each year, more than 100 of our members and their families generously give their time and talents to serve the Greater Phoenix community, contributing over 500 hours of their time and more than $5,500, adding up to a significant impact on our city. They include the Salvation Army Bottled Water Drive, Back to School Supplies Collection, Walk to Defeat ALS, PBS Telephone Volunteers, Salvation Army Christmas Angel, Special Olympics Arizona Concession Stand at the Waste Management Phoenix Open, cashiering for Arizona Desert Bighorn Sheep Society Fundraising Auction, United Food Bank Drive, and the American Heart Association Walk.
IMA AZ Valley of the Sun Chapter sponsors three student chapters at Grand Canyon University and Arizona State University.
The chapter is also a member of a regional IMA Council called the Wild West Council. Many of the chapter members are also officers and board members of the Wild West Council, including their President.
Together with the Wild West Council, our chapter hosts the CMA Exam Review Class in the fall and spring, offering Part 1 in the afternoon and Part 2 in the morning on a Saturday. The class runs for seven weeks of five hour classes and are we offer early bird and student prices. We use the Gleim study materials and Ron LaPlante CMA CIA CPA, CFE, CFSA, CFM is our instructor. For more information, visit our chapter website.
In June 2018, our chapter won:
- 9th Place in the Stevenson Division Chapter Standings
- Community Service – Silver
- Newsletter – Silver
- Public Relations – Silver
- Social Media - Runner Up
In June 2017, our chapter won “13th Place: Stevenson Division in the Global Chapter Competition” for outstanding achievement in providing a broad spectrum of activities and service to members. In June 2015 our chapter also won the Kasunic Award given to the chapter with the second highest consistent good performance in the chapter competition over the past five years. In addition to this great award, the following Global competition awards were achieved by the Chapter this year: 1st Place Community Service Competition, 1st Place Newsletter Competition, 1st Place Website Competition, and 2nd Place Public Relations Competition. This year, we are aiming to continue this consistently good performance.
The IMA AZ Valley of the Sun Chapter embraces the mission and vision of our global organization, to expand your professional skills, better manage your organization, and enhance your career.
Please join us as we continue to develop today’s accounting and financial professionals that make a difference in Greater Phoenix and beyond!
Chapter President 2018-19