AICPA and CIMA to Release Results of CGMA Global Economic Forecast Tues., July 10

July 09, 2012 /

The American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) will announce the results of the CGMA Global Economic Forecast on Tues., July 10.

The second quarter forecast and related CGMA Global Economic Index provides a comprehensive outlook on world and regional economies from the perspective of more than 600 CEOs, CFOs, controllers and other management accounting executives who guide strategic decisions at companies in more than 60 countries around the globe. The results will be available on www.aicpa.org/press.

The quarterly CGMA Global Economic Forecast, conducted via email questionnaire from May 23 and June 18, 2012, asks management accountants to rate their optimism for the global economy, their national economies and their own organizations.

It also provides responses from these senior executives on their expectations for revenues and profits and their plans for spending and employment over the next 6 to 12 months. The Index aggregates 10 factors at equal weight to reveal an overarching picture for the world economy in the coming months.

Two of the world’s most prestigious accounting bodies, AICPA and CIMA, have formed a joint-venture to establish the Chartered Global Management Accountant (CGMA) designation to elevate the profession of management accounting. The designation recognizes the most talented and committed management accountants with the discipline and skill to drive strong business performance.

The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with more than 195,000 members and students operating in 176 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organizations.

 

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