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The Institute of Management Accountants is objecting to the possible elimination of management accounting from the future courses required for students pursuing a career in accounting.
The American Institute of CPAs and the National Association of State Boards of Accountancy are set to unveil the model accounting curriculum they have developed for their CPA Evolution project during an online event Tuesday co-hosted by the American Accounting Association. While the curriculum is still in progress, IMA officials are concerned that it may de-emphasize management accounting and cost accounting skills. Last week, the IMA posted an
article from its vice president of research, Raef Lawson, and Roopa Venkatesh, chair of the IMA s Committee on Academic Relations and an associate professor of accounting at the University of Nebraska at Omaha, arguing against the possible changes. “IMA has concerns regarding the potentially deleterious effect dropping managerial/cost accounti