Printer Friendly

CONTINUOUS IMPROVEMENT CENTER DEVOTED TO FINANCIAL MANAGEMENT ANNOUNCED BY INSTITUTE OF MANAGEMENT ACCOUNTANTS

 MONTVALE, N.J., April 20 /PRNewswire/ -- The first continuous improvement organization devoted solely to the financial management function has been established by the Institute of Management Accountants (IMA).
 IMA's Continuous Improvement Center (CIC) will offer participating companies and organizations five services to improve their financial management processes. Services are structured for member organizations to (1) carry out quantitative and qualitative assessments of significant finance functions, (2) participate in IMA's CIC benchmark database to compare their process performance with other organizations, (3) assist them in improving their processes, (4) identify "best practices," and (5) suggest how they can implement and obtain recognition for their accomplishments. The CIC is expected to accept members July 1.
 "CIC will benefit companies and organizations by furthering their knowledge of the tools and techniques from the TQM movement to improve processes, better serve their users, and generate greater value," according to Louis Vlasho, CMA.
 Vlasho is chair of the IMA Task Force on Quality in Financial Management that developed the CIC over the past year. The task force membership includes financial experts from quality-minded organizations -- IBM, Johnson & Johnson, Monsanto, Motorola, Schering-Plough, Southwire and Stanford University.
 James Bulloch, CMA, IMA's managing director for professional and technical services, said: "CIC is an important part of IMA's continuing commitment to its members and their employers. It will help them keep pace with the changes taking place in all aspects of business."
 With 90,000 members, the IMA is the world's largest organization of management accountants and financial managers. Founded in 1919, IMA is based in Montvale.
 -0- 4/20/93
 /EDITOR'S NOTE: To obtain additional information or conduct interviews, contact Louis Vlasho at 813-262-2300, or James Bulloch at 201-573-6192/
 /CONTACT: Daniel M. Hrisak of the Institute of Management Accountants, 201-573-6154 or 404-992-2187/


CO: Institute of Management Accountants ST: New Jersey IN: SU:

RA-BN -- AT009 -- 8033 04/20/93 11:45 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 20, 1993
Words:312
Previous Article:RENO AIR NOTES CONVERTED INTO COMMON STOCK
Next Article:HECHINGER COMPANY ANNOUNCES DIVIDEND
Topics:


Related Articles
REPORT SAYS RUSSIAN ECONOMIC REFORM UNFORESEEABLE
AICPA ANNUAL REPORT CONTAINS NEW AUDITOR'S REPORT ON INTERNAL CONTROL
ROBERT HALF INTERNATIONAL AND INSTITUTE OF MANAGEMENT ACCOUNTANTS FORM ALLIANCE
COMPANIES SEE HIGHER SALES, PROFITS AND CASH FLOWS FOR FIRST QUARTER OF 1995, SPENDING REMAINS CAUTIOUS, SAYS CONTROLLERS COUNCIL OF IMA
IMA REPLACES MANAGEMENT ACCOUNTING PRACTICES COMMITTEE WITH TWO NEW NATIONAL COMMITTEES
New Board Governors Bies and Olson sworn in to office. (Announcements).
Legal and Finance: Telecoms debate on depth of recovery.
IMA Launches a CMA Certification Review Course; Test-Takers Can Study at Home, Work, or at 300 College Campuses.
COSO names new chairman: Landsittel.
Michael T. Caouette, a CPA and senior manager at regional accounting firm Berry, Dunn, McNeil & Parker, has been awarded the certified construction...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters