KARACHI (PR): Institute of Management Accountants announced a new strategic initiative for the global finance profession, Financial Leadership and Performance. Launched officially on June 23, 2013, ACCA and IMA also signed a Mutual Recognition Agreement (MRA), approved by IMA’s Board of Regents and ACCA’s Council. The MRA, signed on the one-year anniversary of ACCA and IMA’s strategic partnership, enables members of both organisations, subject to certain conditions, a clear pathway to one another’s credentials based on a rigorous content and curriculum review - IMA’s CMA (Certified Management Accountant) or ACCA’s professional membership.

As part of the Financial Leadership and Performance initiative, ACCA and IMA will support the career development goals of Chief Financial Officers (CFOs) and other aspiring professionals, through a variety of resources:

A new co-sponsored website - www.roleofcfo.com - a resource for finance leaders, containing ACCA and IMA reports, research and insights. This online platform offers existing and aspiring CFOs access to a comprehensive set of resources that will support them in their aim to strengthen financial leadership and performance throughout their finance teams.