CIMA - Chartered Institute of Management Accountants, England.
CIMA funds new university research
October 18, 2011
CIMA has awarded research grants of more than £90,000 to four universities.
Middlesex University Business School, the University of Loughborough and the University of Portsmouth from the UK – along with the Vlerick Leuven Gent Management School in Belgium – will use the money to study management performance and help companies around the world to improve in this area and avoid some of the financial pitfalls of the past 20 years.
Naomi Smith, R&D manager at CIMA, said: “The past 20 years have seen corporate scandals, the dot-com bubble and the sub-prime debt crisis and these have shifted the role of management accountants from reporting and controlling through planning and analysis, to proactive performance management. It is our hope that this research will highlight best practice and lessons that can be learned by companies in improving performance management.”