March 2021 - Strategic Finance

IMA’s 2021 Global Salary Survey

Despite the havoc wreaked by COVID-19, this year’s global salary survey by IMA offers CMAs reasons for optimism.

After a Year of COVID

CFOs have been forced to adapt on the fly as they lead their company’s finance function through the ongoing COVID-19 pandemic.

Why Good People Do Bad Things at Work

A true test of management accountants’ ethics is when a boss asks them to do something that doesn’t align with their values.

Reversing the Ratchet Effect

A few key factors may be red flags indicating that your organization’s incentive programs aren’t working as designed.

Going It Together

During the pandemic, IMA has hosted virtual events and continuing professional education courses and published research reports.

Raise Your Emotional Intelligence

Management accountants who cultivate their emotional intelligence can navigate crises such as the pandemic more effectively.

The Digitization Essentials

The digitization of the finance function, linked to operations and strategy, is essential for businesses to stay competitive.

Redefining Corporate Purpose

Corporations’ paradigm shift from a sole focus on profits and shareholders to all stakeholders has vital ethical implications.

Phishing During COVID

Phishing attacks have increased during the COVID-19 pandemic, and there are now COVID-specific scenarios being used.

Treatment of Inherited Plans and IRAs

There are new minimum distribution rules for designated beneficiaries of qualified contribution plans or IRAs who aren’t spouses.

Excel: Encapsulate Complex Formulas in LAMBDA

New function from Microsoft’s Calc Intelligence team lets you create your own formulas and store them in Excel’s Name Manager.

Creating an Equitable Workplace

To achieve equity, organizations must prevent discrimination and promote equitable opportunities for women in the workplace.

CFO to CFO: Finance Leadership in the Pandemic

The COVID-19 pandemic caused the CFOs of Ecolab and Blue Shield of California to embrace remote work and ramp up tech adoption.

Tools of the Trade: March 2021

A look at Samsung’s Galaxy S21, S21 Plus, S21 Ultra, Acer Chromebook Spin 514, Kew Labs’ UTS-1 Qi Charger, and the Chipolo One Ocean Edition.

Virtual Engagement, Real Learning

IMA has adapted seamlessly to the new virtual learning environment, as evidenced by the many virtual activities and events since the pandemic hit.

IMA Volunteerism: Problems Are Guidelines

With more than 300 members, the CMA Nanjing Elite Club is one of the most active in China and a model for new clubs.

IMA Life: Empowered by IMA

An MBA student says joining IMA and earning the CMA and CSCA certifications are among the best decisions of his career.

Call For Papers—Deadline Sept. 1, 2021

The IMA Committee on Ethics and Strategic Finance invite submissions for the 2022 Curt Verschoor Ethics Feature of the Year.

SEC Opens Wider Access to Capital Raising

The SEC changed exempt offering rules to make it easier for small and medium-sized companies to raise capital in private markets.

New Reporting of Beneficial Owners

Small private companies will now have to report their “beneficial owners” to the U.S. Department of the Treasury’s FinCEN.

Books: What Went Wrong

Management accountants’ allocation of various costs impacts the reputation of a charity and its senior executives.

IIRC Revises International Framework

The IIRC revised its International Framework to simplify the required statement of responsibility and improve reporting.

Welcome, New CMAs: March 2021

The ICMA is proud to announce the list of IMA members who earned their CMA certification in January 2021.