100-Year Blog

  1. Accounting For What Matters: IMA and Nonfinancial Reporting

    By Margaret Michaels The 1970s may best be remembered for bell bottoms, disco, and feathered hair, but it was also an important decade for economics, and by extension, management accounting. In 1972, Noble Laureate in Economics Milton Friedman, penned his international bestseller, Capitalism and Freedom, emphasizing the importance of free markets. He wrote: “There is…

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  2. IMA: A Battle-Tested Organization

    By Margaret Michaels I always say you never really know a person until you see how they act in a crisis. I believe the most trustworthy people are battle-tested. Difficulties don’t break them. They become stronger because of them. The same can be said for IMA. For proof, I went into the IMA archives to…

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  3. You’ve Come A Long Way, IMA

    By Margaret Michaels As IMA’s storyteller, I had the unique privilege of reading the first publication of the National Association of Cost Accountants (NACA). Volume 1, Issue 1, was printed in December 1919, before the organization became known as IMA. NACA resided in New York City’s Woolworth Building. NACA President, J. Lee Nicholson, presided over…

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  4. 1919: The Birth of IMA

    By Margaret Michaels, Manager, Brand Content & Storytelling, IMA   I recently toured the Ford Mansion in Morristown, NJ, the place where General George Washington lodged in the winter of 1779 before he led the Continental Army to Yorktown and successfully forged a path for the United States of America, free from British rule. The tour…

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  5. IMA 100 Years: IMA In The 1960s and Beyond

    BY ALFRED M. KING, CMA, CFM This article originally appeared in Strategic Finance Magazine. Throughout my 54 years as a member, IMA® (Institute of Management Accountants) has had its ups and downs, and I’m happy to say it’s in a great place now. In 1964 I moved to Racine, Wis., to accept a new financial position in…

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  6. Celebrating 100 Years

    BY JEFFREY C. THOMSON, CMA, CSCA, CAE This article originally appeared in Strategic Finance Magazine. Dear IMA Members, One hundred years, a century, 10 decades. Over the past 100 years, monumental changes have occurred in our world and our profession—changes that have shaped and are still shaping what we value, how we live, and how we…

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  7. IMA 100 Years: My Career Partner

    BY LORI PARKS AND HERB GENATOWSKI, CMA, CPA This article originally appeared in Strategic Finance Magazine. Herb Genatowski’s journey as an IMA® member began 50 years ago on September 1, 1968. At the time, he was working in Stamford, Conn., as a cost accountant for Pitney Bowes, and he was encouraged to become a member and join…

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  8. IMA 100 Years: My Connections With IMA

    BY BABU I. RAZACK, CMA, ACMA, D. LITT. This article originally appeared in Strategic Finance Magazine. I became a member of IMA® (Institute of Management Accountants) in 2005 when I took coaching classes to study for the CMA® (Certified Management Accountant) exam in Kuwait. Because I have an MBA with a specialty in finance and had attained the…

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  9. IMA 100 Years: Creating IMA Memories

    BY CAROL BORLAUG BRUCH This article originally appeared in Strategic Finance Magazine. I’ve been an IMA® member since 1978 when I was recruited to join the Cedar Rapids Chapter by a neighbor who was one of its first female members. In the 40 years since then, I’ve held almost every chapter office from secretary through president. The…

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  10. IMA 100 Years: A Difference For Good

    BY L. MURPHY SMITH, CPA This article originally appeared in Strategic Finance Magazine. I have been blessed to be part of IMA® from near the beginning of my academic career to the present. Recently I’ve served as an IMA Campus Advocate, first at Murray State University and now at Texas A&M University-Corpus Christi. One of the biggest…

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