CIMA elects Joachim as President

June 30th, 2009

The Chartered Institute of Management Accountants (CIMA) has elected its first Asian-born President.  Aubrey Joachim, FCMA, was elected President with global responsibilities at the 90th CIMA Annual General Meeting held at the Queen Elizabeth II Conference Centre, London, on 6 June.
Aubrey Joachim was born in Sri Lanka of Portuguese descent and is now an Australian [...]

GM enters bankruptcy protection in US.

June 1st, 2009

Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history.
The widely expected move comes after GM had seen its losses widen following a steep fall in sales in recent years.
The move into bankruptcy protection has been backed by the US government, which is now [...]

CIMA and BPP to help graduates in Credit Crunch

May 7th, 2009

CIMA, the Chartered Institute of Management Accountants, and professional training provider, BPP, have joined forces to subsidise courses for graduates coming onto the job market in the toughest market in a decade.  From today, students will be able to sign up to study CIMA Certificate and Managerial level courses at a BPP UK mainland centre [...]

AAT publishes 2008 annual financial report.

April 20th, 2009

2008 was, according to the AAT themselves,  “an exciting and successful year for the Association with a 6.1% increase in total membership, the launch of our first computer based exam and the creation of AAT South Africa.”
The article continues, “Although planning for a deficit, we have continued to maintain a strong financial position thanks to [...]

CIMA unveils details of 2009 awards.

April 20th, 2009

The Chartered Institute of Management Accountants (CIMA) has launched its 2009 awards.
There are 12 award categories, including the addition of a new category - Unlocking business intelligence - to recognise the finance team which has successfully implemented a business intelligence project.
The awards will be presented at an awards dinner at The Guoman Tower Hotel, London, [...]

UK farmers’ need more financial awareness

April 8th, 2009

Farmers run the risk of failing to maximise their incomes because of a lack of understanding of their own costs. This issue is further compounded by the food retailers’ lack of understanding of the farmers’ perspective, and the short-termism forced on farmers as a direct result of the poor co-ordination throughout the agri-food supply chain. [...]

Marks and Spencer sales fall 4.2%

March 31st, 2009

Marks and Spencer has reported a fall in sales for the fourth consecutive quarter and admitted that the outlook remains “uncertain”.
M&S said like-for-like sales in the UK - i.e. those which strip out the impact of store openings and closures - were down 4.2% for the 13 weeks to 28 March.
Executive chairman Sir Stuart Rose [...]

UK apprentice Anita Shah fired in Week 1

March 26th, 2009

Business strategist Anita Shah, who is also a qualified lawyer, has become the first Apprentice hopeful to be fired by Sir Alan Sugar on the BBC One show.  The 35-year-old was brought into the boardroom, after her team failed to make the most profit in a challenge which saw them start up a cleaning company.
Sir [...]

CIMA NHS student excellence awards 2009

March 26th, 2009

Four students have been honoured for their outstanding performance in the CIMA November 2008 Chartered Management Accountant examinations at the Chartered Institute of Management Accountants’ (CIMA) NHS Student Excellence Awards.
The Awards took place on 11 March at a National Advisory Group meeting organised by the NHS Graduate Management Training Scheme, held at the University of [...]

CIMA graduate receives “FD of Year” award

March 12th, 2009

Allan Watson, Chief Financial Officer of OPTOS Plc, has been named Young Finance Director of the Year at the Scotland Finance Director Awards 2009.
Allan, an associate member of CIMA, received his award at a gala luncheon held at The Hilton, Glasgow on Friday 27 February.
The Awards, sponsored by Bank of Scotland Corporate, and supported by [...]