5 Valuable CGMA Resources for Business People
The AICPA and CIMA continue to make available valuable management accounting reports and tools available for CPA, CGMAs and those considering the CGMA. Check out the following to help you develop new skills and bring best practices to your organization.
- CGMA global economic forecast and Widespread Recovery, or Uneven Terrain webcast
Results of the CGMA Economic Forecast Survey and the implications for business will be discussed 11 a.m. to 12 p.m. ET on April 18 during the Widespread Recovery, or Uneven Terrain webcast. The webcast is free and CGMAs can earn one hour of free CPE.
- How to analyze profitability: DuPont® system, EBITDA and earnings quality
The DuPont® system enables you to examine a company’s financial statements to determine what, if anything is causing return on equity to fall short of expectations. Learn more about the DuPont® system and how return on equity is simultaneously affected by cost control, sales and leverage.
- How to improve your board’s effectiveness: Three tools for risk and strategy governance
Three new tools can help organizations and their boards to address improving strategy and risk oversight, helping boards to challenge more effectively and constructively and ensuring a strong, value-adding relationship between the board and management. Visit cgma.org for the following:
- CIMA Strategic Scorecard®
- Tomorrow’s Company The Board Mandate
- AICPA Risk Governance Tool for Strategic Oversight
- Fraud risk management: A guide to good practice
Significant sums are lost by all kinds of businesses as a result of fraud. Download "Fraud risk management: A guide to good practice," which can help you take practical steps toward establishing more robust procedures to prevent, detect and respond to fraud at your organization.
- Thirsty planet: Business responses to water scarcity
As the National Geographic observed, “All the water that will ever be, is right now.” Indeed, water levels are maintained through a process of re-circulation. However, increased demand for water and water quality and distribution issues have led to water scarcity in many parts of the world. The CGMA report, Thirsty planet: Business responses to water scarcity, explains how water has become a constrained resource, what leading businesses are doing today to prepare for water scarcity, how you can help your organization deal with this issue and the key questions you should ask of your organization surrounding its water usage.
Explore these and the many other resources available on cgma.org during the CGMA introductory period. See what the CGMA is all about and take advantage of all we have to offer.
Heather O’Connor, Senior Communications Manager - Firm Strategy and Portfolio Management, American Institute of CPAs. Heather develops, manages and supports the communications strategy of the AICPA’s various firm relationship programs, and the Academic and Career Awareness and Peer Review teams. She also sets and manages strategic communications for accounting and auditing-related topics.