Transcript Toronto Branch Presentation

GORDON GRANT
DEPUTY PRESIDENT
OF THE INSTITUTE
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
Format of this talk
• Facts and Figures
• Strategy
• News
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
About CIMA
Soundbites
• The only international accountancy
body with a sole focus on
business.
• The voice of over 155,000
members and students in 158
countries.
• CIMA’s focus is to qualify students,
support members and employers
and protect the public interest.
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
About Cima
Purpose
The ever greater employability of CIMA
members
Vision
CIMA members driving the
world’s successful organisations
Mission
To be the first choice for employers in
the qualification and development of
professional accountants in business
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
Facts and Figures
About us
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Members October 2006
70,000
Students October 2006
85,000
Total Members & Students
155,000
Countries represented
156
Total Staff
330
Annual Turnover 2005
£33,000,000
Surplus 2005
£1,900,000
Examinations p.a.
100,000
Training partners (companies)
3,400
Learning partners (academies)
120
Practical Experience Assessments pa. 5,000
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
Facts and Figures
87 Years of Continual Growth
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M e m b e rs
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S tu d e n ts
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TORONTO BRANCH PRESENTATION
Our rate of growth is
ever steeper.
We are the fastest
growing
accountancy body in
the UK.
(as per FRC 2006)
2010
2005
2000
1995
1990
1985
1980
1975
1970
1965
1960
1955
1950
1945
1940
1935
1930
1925
0
1920
0
1915
We are doubling in
size every 15 years.
10 NOVEMBER 2006
Facts and Figures
Members Live World Wide
England & Wales
Republic of Ireland
Malaysia & Singapore
Scotland
Sri Lanka
Australasia
Africa
North America
Hong Kong
Northern Ireland
Europe
Indian Sub Continent
Middle East
Elsewhere
TORONTO BRANCH PRESENTATION
69%
5%
5%
4%
3%
3%
3%
2%
2%
1%
1%
1%
1%
2%
10 NOVEMBER 2006
Facts and Figures
Why are we here?
18th and last of the 2006 series of face to face personal assessments
that have welcomed over a thousand of new Members to CIMA.
This is where we’ve been this year:
11 February
25 February
18 March
31 March
1 April
13 May
20 May
17 June
24 June
Newcastle
Johannesburg
London
Belfast
Dublin
Basingstoke
Midlands
North West
Edinburgh
TORONTO BRANCH PRESENTATION
8 July
15 July
22 July
9 Sept
17 Sept
24 Sept
30 Sept
14 Oct
11 Nov
York
Barnsley
Leicester
Bristol
Kuala Lumpur
Colombo
London
Dublin
Toronto
10 NOVEMBER 2006
Strategy
The Competitive Landscape
Management
Skills
Governance and Ethics
Business Strategy
Risk Management
Narrative Reporting
Financial
Accounting
And Compliance
CIMA
Management Accounting
and Decision Making
Sarbanes
Oxley
IFRS
Audit
Treasury Policy
Tax Planning
Technical
Skills
TORONTO BRANCH PRESENTATION
26 June 2006
10 NOVEMBER
2006
Strategy to 2010
CIMA Career Value & Loyalty
Graduate
Student
Qualified
Finance
manager
Finance
senior
Board
CEO
What services/products are needed to fill these gaps? time
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
Strategy
Examples of Current Products and Services
• CPD Solutions
• Harvard ManageMentor
Plus
• Mastercourses
• CIMA Inform
• Research & Technical
Publications
• Topic Gateways
• Technical Information
Service
• Cranfield MBA
TORONTO BRANCH PRESENTATION
• Deakin – CIMA MBA
• Lisle MSC
• Certificate in Business
Taxation
• Corporate Treasurers Fast
Track
• IOD Diploma in Company
Direction
• CIMA Publishing
• Podcasts
• Thought Leadership Series
10 NOVEMBER 2006
News
Ian Christison, President 2005-06
Annual General Meeting in June 2006
Strong Results in both Financial Performance & Membership Growth.
“Vibrant, Dynamic and Progressive”, said Ian “ … a justified statement”.
Strongly endorsed reputation building on employer confidence.
Taking a lead on Narrative Reporting – KPI Openness & Transparency
Accountancy Age quoted “Arguably, it is CIMA that is dictating the
shape of the accountancy profession today.”
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
News
John Coghlan, President 2006-07
Annual Presidential Dinner in October 2006
220 Specially Invited Guests, Including, among the elite of UK Business,
Diplomatic Representatives:
•Sri Lanka, Australia, South Africa,
•Singapore, Ireland and Zambia.
Prestigious and eminent Speakers:
•Douglas Flint, CFO HSBC Plc
•Sir Nicholas Montagu, Chairman Inland Revenue
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
News
Presidential Dinner Closing Remarks…
The profession must keep up with changing trends and must:
think and act globally
be forward looking
be focused on value creation
be focused on the development of its members & students
CIMA is totally focused on business, and also on the needs of business,
both in the UK and internationally. We are determined to stay at the
forefront of change, for the benefit of business, the Institute, its Members,
and the reputation of the accountancy profession overall.
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
News Release
Embargoed until 13th November, and to be released during IFAC Conference in Istanbul.
“CIMA and CMA Canada collaborate on generating
leading-edge research in Strategic Management
Accounting”
- Development & production of Management Accounting Guidelines
- Provision of continuous learning opportunities for professional
accountants in business.
- Inauguration of Annual Management Accounting Conference, starting
London in November 2006. 2nd will be in Canada in fall of 2007.
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006
Contact Information
[email protected]
The Chartered Institute of
Management Accountants
26 Chapter Street
London SW1P 4NP
United Kingdom
T. +44 (0)20 849 2251
F. +44 (0)20 7663 5442
www.cimaglobal.com
TORONTO BRANCH PRESENTATION
10 NOVEMBER 2006