IMA Releases New Report on Agility’s Purpose in the Finance Operate
“An Agile Method to Finance Transformation” showcases how finance groups can gain from the software of agile and scrum
SINGAPORE, June 21, 2021 /PRNewswire/ — IMA® (Institute of Administration Accountants) nowadays launched a new Assertion on Management Accounting (SMA), “An Agile Method to Finance Transformation,” that explores how finance functions can gain from adopting an agile strategy to transformation.
Finance teams about the world are advancing their transformation journeys from facts stewardship to benefit creation and choice aid, building the require for the agile finance function. Agility provides finance teams a path towards sustained transformation, continuous improvement, and customized remedies.
“Finance operate potential customers would gain from embedding and leveraging agility as they renovate, with the greatest intention of starting to be an agile finance operate,” reported Loreal Jiles, director of analysis – digital technology and finance transformation at IMA and author of the report. “The long-expression viability of the finance purpose is dependent on the extent to which agility results in being embedded within just its tradition.”
The SMA explores the position of agility in modern finance perform and presents how finance departments and businesses can profit from adopting agile features. It incorporates finance and accounting use instances to reveal value shipping and delivery by the software of agile (the software improvement lifecycle) and scrum (a framework for elaborate job delivery).
“Using agile and scrum to redefine methods to main activities like financial setting up and examination, interior audit, and economical shut can placement management accountants to improved guidance the unprecedented range of transformation initiatives businesses embark on these days,” additional Jiles.
The report is a person of quite a few resources IMA has in relation to agile and scrum, which consists of “Agile and Scrum 101,” an on line program outlining the methodologies and two added on the net programs that will be launched afterwards this month.
To study the comprehensive report, go to https://www.imanet.org/insights-and-tendencies/the-potential-of-administration-accounting/an-agile-strategy-to-finance-transformation?ssopc=1.
About IMA® (Institute of Management Accountants)
IMA® is 1 of the premier and most revered associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession by way of study, the CMA® (Accredited Management Accountant) and CSCA® (Certified in Approach and Aggressive Examination) plans, continuing training, networking, and advocacy of the maximum moral small business tactics. Two times named Professional Body of the Calendar year by The Accountant/International Accounting Bulletin, IMA has a world community of about 140,000 associates in 150 nations around the world and 350 experienced and pupil chapters. Headquartered in Montvale, N.J., United states of america, IMA presents localized expert services by its 4 global areas: The Americas, Asia/Pacific, Europe and Middle East/India. For additional data about IMA, remember to stop by www.imanet.org.
Contact:
Sunantha Huang
IMA Southeast Asia & Australasia
(65) 64933113
[email protected]
Supply Institute of Management Accountants (IMA)