Institute of Management Accountants (IMA) and quality management
Sal Agnello, ASQ Marketing, alerted me to Institute of Management Accountants (IMA) as a supporter of quality management. From their web page, they have 65K members and describe “Management Accounting”:
- is the internal business-building role of accounting and finance professionals who design, implement, and manage internal systems that support effective decisions; support, plan, and control the organization's value-creating operations. Management accounting and finance professionals directly support an organization's strategic goals.
- is about building value inside organizations. Value is built by focusing on economic analysis of productive processes, sales, and customer profitability, and the value of employees and assets, both tangible and intangible.
- is focused on operations and the value chain, the leading indicators and harbingers of financial results, as opposed to the historical activities of external financial reporting and auditing. It is by nature forward looking and focused on seeking opportunities for growth and improvement.
- focuses on the real internal economics of the enterprise - creating new business, optimizing existing business processes, and analyzing customer value - that create long-term, sustainable value.
I highlighted the above bold phrases as similar objectives for ASQ certified Managers of Quality/Organizational Excellence who are focused on adding value to their company through the development and control of robust and profitable business processes.
On the SOX front, ASQ and IMA should be able work together in the operations arena for a sustainable SOX compliance.
