August 2020 - Strategic Finance

The Bots Are Coming…to Intro Accounting

Educators should teach aspiring accountants about Robotic Process Automation’s impact on the finance function.

The Power of Thinking Lean

Students should gain an understanding of how Lean concepts drive value for organizations such as small businesses.

Accountants as Problem Solvers

Students can benefit from a problem-solving rubric to find solutions to unstructured multifaceted problems and case studies.

Sustainability in Action

An experiential learning approach shows accounting students how to address environmental issues in their careers.

Using Reality TV to Enliven Learning

While some question the value of reality TV, savvy professors can use it as a creative tool to boost classroom engagement.

2021 Student Case Competition: Should Star Textiles Cut Out the Intermediaries?

Evaluate the pros and cons of a cloth wholesaler working directly with weaving and dyeing plants to get what it needs.

Choose Growth

We must anticipate and react to change as the demands of our profession and the organizations that employ us are redefined.

2020 IMA Student Manuscript Winner: Diversifying Career Preparation

The competition winner describes leading a student chapter, and preparing for the CMA exam and an accounting career.

Employee Pay in Social-Cause Organizations

Organizations with a social mission have higher employee performance and team cooperation—even if they pay employees less.

Excel: Stock and Exchange Rate History

A new Excel function retrieves historical data for exchange rates, stocks, bonds, ETFs, and mutual funds at various intervals.

Making a Difference in a Time of Need

During this crisis, ICMA and the Board of Regents are working to meet CMA and CSCA candidates’ demand for testing safely.

Access: Mail Merge Using Access Data

You can use Microsoft Word to write letters or emails and personalize them with data from Access in a mail merge.

The Ethics of Inclusion

The protests vs. systemic racism provide a timely spur for finance professionals to advocate for ethical workplace practices.

COVID Bends Future Technology

The changes forced on us by the pandemic might not be temporary, although some might even be very beneficial long-term.

Choosing Your Zoom Room

To keep your organization efficient and effective during COVID-19, assess your online collaboration strategy and tools.

Tools of the Trade: August 2020

Dell XPS 17 business laptop, Western Digital My Book external hard drives, LapGear Home Office Pro lap desk, TwelveSouth Curve stand for Macbooks.

Taxes: Are Forgiven Student Loans Taxable or Tax-Exempt?

If you qualify for an exception, then a forgiven, canceled, or discharged student loan is exempt from taxable gross income.

IMA Volunteerism: Campus Influence

President of the IMA French Chapter raises awareness of the benefits of CMA certification among professors and students.

IMA Life: Crossing the Finish Line

Participating in the Student Case Competition started this UNLV grad on her IMA journey, resulting in a new Student Chapter.

Call for Ethics Papers: Sept. 1 Deadline

To win the Curt Verschoor Ethics Feature of the Year competition, entrants must elucidate ethics for finance professionals.

2019-2020 IMA Award Winners

While we can’t give this year’s award winners the standing ovation they deserve, IMA’s heartiest congratulations go out to all.

Chief Accountant Advises on Reporting During Covid-19

If any change to the business affects Internal Control over Financial Reporting, it must be disclosed in quarterly filings.

Welcome, New CMAs: June 2020

The ICMA is proud to announce the list of IMA members who earned their CMA certification in June 2020.