April 2018 - Strategic Finance

Maintaining Relevance in the Digital Age

Management accountants need to leverage their unique understanding of cost modeling to guide organizational decision making.

Cyber CFO: The Next Top Finance Job?

In today’s ever-changing technological world, companies are turning to the CFO to manage and oversee cyber risk management.

OIS: Next Generation Budgeting

Improve processes and overcome the inadequacies of standard budgeting through the use of an operational income statement.

5 Principles of Report Design

Accuracy, consistency, appearance, efficiency, and usability are the five guiding principles to improve your financial reports.

The Annual Highlight of Lifelong Learning

A CMA makes a commitment to a lifetime of learning. Every year, IMA’s Annual Conference & Expo offers many CPE opportunities.

Creating a Brighter Future with Artificial Intelligence

IBM’s Lori Victor Feller talks about digital strategies, being a first mover vs. fast follower, and disruptive technologies.

IMA Life: The Payoff of Early Exams

Having both the CMA and the CPA gave this accountant a superior understanding of finance issues and business operations.

Faster Payments: The Impact for Small Businesses

Three changes are providing opportunities for small businesses to manage cash flow more efficiently and effectively.

Tools of the Trade: April 2018

This month we look at the Samsung Galaxy S9/S9 Plus, Lenovo 300e Chromebook, Asus Zenfone 5Z, and Nokia 8110 4G.

Leadership Isn’t Just for CEOs

Leadership is an ongoing practice that requires creativity, networking, and an awareness of your strengths and weaknesses.

Will the U.S. Supreme Court Overturn Quill?

The issues of sales tax and nexus for e-commerce may be revisited in a new case that has made its way to the Supreme Court.

The Malicious Use of AI

Artificial intelligence has a very positive side and a seriously threatening one. Both require a culture of responsibility.

Access: Using Excel’s PMT Function in Access

With a VBA script, Access users can leverage Excel’s built-in functions such as PMT, which calculates the periodic payment for an annuity.

Excel: Using TEXTJOIN with an Array

The new TEXTJOIN formula available to Office 365 subscribers offers significant improvements over CONCATENATE.

Trust Level Drops Dramatically in the U.S.

The Edelman Trust Barometer found a significant decline in trust across all institutions in the United States.

Books: What to Do When Machines Do Everything

Materials, machines, and models are vital to staying ahead of the AI curve. Even traditional companies can adapt to compete.

R. Lee Brummet, CPA

IMA remembers R. Lee Brummet, 1979-80 NAA President, who was always on the frontier of management accounting development.

Congress Delays Cadillac Tax on Employer Health Plans

The January 2018 continuing resolution included a delay of the 40% “Cadillac tax” on employer-sponsored healthcare coverage.

Books: A Common Leadership Mission

Leaders must share information faster, assess fast-changing landscapes, and always be training for the future, not the past.

House Begins to Reverse “Floating” NAVs

A bill to restore “stable NAV” for prime money market funds has been passed by the House Financial Services Committee.

Welcome New CMAs: February 2018

The ICMA is proud to announce the list of IMA members who earned their CMA certification in February 2018.