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The Boston Chapter is one of the first chapters of the Institute of Management Accountants. It received its charter in April of 1920. Currently the chapter has over 600 members from all aspects of the accounting profession. The IMA is the leading professional organization devoted exclusively to management accounting and financial management. As set forth in its mission and vision statements, its goals are to help members develop both personally and professionally, by means of education, certification, and association with other business professionals. As a respected leader within the global financial community, the IMA influences the concepts and ethical practices in management accounting and financial management. Its ethical standards provide guidance to practitioners for maintaining the highest levels of ethical conduct. The IMA provides members with extensive opportunities to build their professional knowledge and advance their careers:
The IMA provides a host of additional benefits, from its Job Bank and Information Center to discount services and insurance plans.
The Boston Chapter was officially formed in February 1920 and received its official chapter charter in April 1920 as chapter 001. The organization was first organized as the "National Association of Cost Accountants" on October 13-14, 1919. Six people from the Boston area were among the 36 who attended the first ever meeting of individuals devoted to the science of cost accounting. By the end of two days, a new organization was formed with several individuals from the Boston area serving on its first Board of Directors.
On February 25, 1920 the Boston chapter was formed and was officially charted as a chapter of the NACA in April 1920. In 1957, the organization, recognizing the diversity of its membership, changed its name to the National Association of Accountants. In 1991, again due to changing roles of its members, changed it name to the Institute of Management Accountants. Now it is currently referred to as IMA.
Over the past 80 years, the chapter size swelled to over 1,200 members and in the 60's and 70's spun off several other Massachusetts Chapters. The Boston Chapter has produced several National presidents of the organization along with numerous National Vice Presidents and National Directors. The Chapter has won several National awards and banners for it works.
Currently, the Chapter serves its members by holding monthly Educational Dinner meetings along with other professional development seminars. Its members range from Chief Financial Officers of Corporation to staff accountants. Its members come from diverse sectors including private industry, public accounting, banking, insurance, education, non-profit and government.
The Chapter publishes a newsletter as well as maintains this web site. In addition, a voluntary Board of Directors currently serves us.
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