100-Year Blog

  1. IMA: A Bridge Between New Grads & Employers

    By Margaret Michaels I clearly remember my first entry-level job. I graduated from college with a journalism degree and a vague idea of what I wanted to be doing (other than being able to afford a share in a NYC apartment). I went to a staffing agency and was tested on typing, spelling, and proofreading:…

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  2. IMA: 100 Years and Counting

    By Lori Parks The year was 1919; the place, Buffalo, N.Y. After two days of lengthy deliberations, a group of several dozen individuals led by Major J. Lee Nicholson, a pioneer in cost accounting, formed a new association—one that would eventually develop into what is now one of the world’s most respected professional organizations for management accountants….

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  3. IMA 100 Years: An Exciting Career Path

    By Carol Magner Mitchell, CMA This article originally appeared in Strategic Finance Magazine. I wasn’t sure what career I wanted to pursue, but when I got a job in the Operations & Maintenance Department at the University of Hartford to help pay my tuition, it showed me new possibilities. It was being run like a separate business…

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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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