This month has been fascinating in the world of Accounting principles. AICPA and CIMA,have teamed up to create a set of standards, and we have noticed a gentle change in conversations with our customers as they think more about expansion and acquisition, rather than solely considering the impact that the global recession had on their business.
CIMA / AICPA Accounting principles
We find it interesting that CIMA / AICPA have just started a 90-day consultation programme for the formation of Global Management Accounting Principles.
‘’The Global Management Accounting Principles have been developed to support chief executives, boards of directors and chief finance officers to benchmark and improve their management accounting practices and processes to meet the needs of their organisation, both effectively and efficiently”
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