AICPA and CIMA Officially Announce Creation of New International Group

American Institute of Certified Public Accountants pic
American Institute of Certified Public Accountants
Image: aicpa.org

James Kasim has significant experience in various corporate finance and capital markets roles, including as chief financial officer for both publicly-listed and private companies. Prior to these roles, James Kasim has held senior positions at several other firms and maintains membership with the American Institute of Certified Public Accountants (AICPA).

In June 2016, it was announced that AICPA had partnered with the Chartered Institute of Management Accountants (CIMA) in order to form a new international accounting association to provide direction for finance professionals around the world. The proposal was first publicized in November of 2015 and, and the organization will mark its first official year in 2017. Together, the two groups hope to better promote the CPA profession and improve the processes and tools used by those within the industry.

All individuals who have membership with either organization separately will automatically receive dual membership in the newly-formed organization, maintaining all of their old benefits as well as gaining several new perks. Prior to the merge, AICPA had over 400,000 members while CIMA maintained just under 200,000, bringing the new total number of members for the single group to more than 600,000.

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