AICPA/CIMA Proposal Approved in Landslide

A new international association of accounting proposed by the American Institute of Certified Public Accountants and the Institute of Management Accountants was overwhelmingly approved in a separate vote of the members of the organization.

Of the 56,560 AICPA members who voted, the vast majority (48,945 or 86.5 percent) approved the proposal, according to the tabulation systems, survey and independent voters. Only 7615, or 13.5 percent, voted against. About 15 percent of the voting members of the Institute participated in the vote; According to sources close qualify similar member organizations of the same size, which is much higher than the usual average of about 11 percent.

An even higher percentage of CIMA members who voted (89.7 percent) approved the proposal, based on its independent tabulator, Electoral Reform Services. Ballot ended June 16

The new association aims to represent about 600,000 counters worldwide, but keep the body and the benefits of individual members of the AICPA and CIMA.


The work to create the new partnership should begin immediately, waiting for a launch in 2017. All members of the AICPA and CIMA have dual automatic membership in the association at no additional cost.

AICPA president Tim Christen "APC has a long history of recognizing and stay ahead of the trends shaping our industry and the environment, we do business," he said in a statement. "This will benefit APC and CGMAs and all the accounting profession in the world".

"In developing this proposal, we have carefully arranged PCA commitments and CGMA, CIMA and AICPA and public and management accounting practice," said AICPA President and CEO Barry Melancon in a statement. "We are excited to develop a way forward that reflects the way the world is changing. At the same time, we will be extremely careful to protect our history and solid collective reputation both organizations have built over the last century. This is build on what is great -. and face a world in exciting evolution "



The AICPA and CIMA were involved in a joint venture that began in 2011, and launched the global counter management certificate in 2012.

The AICPA and CIMA were involved in a joint venture that began in 2011, and launched the global counter management certificate in 2012.

"Our joint strategic alliance with the AICPA has had great success, so this partnership is being developed," said CEO of CIMA Charles Tilley said in a statement. "By doing this, we will support our members and students, which means that the two largest resources and weight of a large organization behind them."