Latest news with #CIMA
Yahoo
2 days ago
- Business
- Yahoo
Oxford University and AICPA launch sustainability reporting
The Saïd Business School of Oxford University in the UK and the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) have announced their second joint executive management programme focusing on sustainability reporting strategies. The eight-week Sustainability Reporting and ESG Data Management Programme is designed for senior finance professionals, consultants, auditors, and risk managers. It aims to equip participants with expertise in globally recognised frameworks, including those from the Task Force on Climate-related Financial Disclosures (TCFD), International Sustainability Standards Board (ISSB), Sustainability Accounting Standards Board (SASB), and European Sustainability Reporting Standards (ESRS). The programme emphasises integrating ESG data into decision-making, leveraging technology for business value, establishing good governance and control systems for sustainable growth, and identifying best practices for sustainability assurance preparation. It features multimedia learning materials, webinars, and optional weekly group sessions led by course tutors. Participants will receive a digital certificate co-signed by Saïd Business School and AICPA and CIMA upon completion, and gain access to a global network through Saïd Business School's alumni community. The programme is expected to offer continuing professional education (CPE) credits, with the first cohort starting on 1 October 2025. This follows the two institution's earlier collaboration on the ESG and Sustainable Financial Strategy programme, launched in Autumn 2023. That quarterly course, which offers 26.5 CPE credits, takes a broader approach to sustainability, covering organisational decision-making and resource allocation. Its next cohort begins on 24 September 2025. University of Oxford Saïd Business School Accounting associate professor Amir Amel-Zadeh said: 'Finance leaders sit at the intersection of strategy, compliance, and value creation. 'Fluency in sustainability reporting and ESG data management is therefore key. This program equips finance professionals not only with the technical knowledge to meet evolving standards but also with the strategic insight to embed sustainability into the core of decision-making by translating ESG data into actionable insights.' In Msy 2025, the AICPA reiterated its stance against the proposed limitations on state and local tax (SALT) deductions for specified service trades or businesses (SSTBs) in the One Big Beautiful Bill Act. "Oxford University and AICPA launch sustainability reporting" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
IOL News
2 days ago
- Business
- IOL News
CIMA enhances CGMA Professional Qualification syllabus to align with modern finance
Craig Henery, ACMA, CGMA, CFO at DHL Express South Africa; Tariro Mutizwa, ACMA, CGMA, Vice President at AICPA & CIMA; Catherine Chettiar, FCMA, CGMA, Finance Senior Manager for Business Reform at Toyota South Africa; Stephen Flatman, Vice President of Education and Professional Qualifications, Management Accounting at AICPA & CIMA; and Grant Driver, Founder of Captivate International. Image: Supplied The Chartered Institute of Management Accountants (CIMA) has unveiled its CGMA Professional Qualification syllabus for 2026. This upgrade is designed to prepare students for the future of work and meet the growing expectations of modern finance professionals to be high-performance finance business partners capable of utilising technology and applying critical thinking skills. The emphasis on finance business partnering and applied problem solving aligns with AICPA and CIMA's Future of Finance 2.0 research and the World Economic Forum's Future of Jobs Report 2025, which predict that combining technology and human insight will be crucial for career success in the knowledge economy and essential for future accounting and finance roles. The upgraded syllabus enhances key competencies and behaviours such as finance business partnering, analytical thinking, and strategic planning while broadening its scope to include sustainability (e.g. green finance, environmental costing, and disclosures under IFRS S1/S2) and cutting-edge financial technologies (GenAI) content. "With a focus on finance role simulations embedded in our Case Study exams, the CGMA Professional Qualification allows finance professionals to quickly develop and apply cognitive, digital, and technical skills needed as finance business partners. Our unique problem-solving educational approach helps them provide expert advice, support decision-making, and create value for organisations." commented Stephen Flatman, Vice President of Education and Professional Qualifications, Management Accounting at AICPA and CIMA. 'This year's update to the CGMA Professional Qualification syllabus sets it apart from traditional accounting and finance education, which still focuses heavily on preparing information, controls, and compliance – tasks increasingly automated by technology. The CGMA Professional Qualification is designed for the future of finance; created by finance professionals to equip future finance professionals with skills they need to be value creators,' added Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting at AICPA and CIMA. 'The updated CGMA Professional Qualification syllabus represents a significant advancement in the development of finance and accounting professionals across Africa. By integrating key competencies such as business partnering, analytical thinking, strategic planning, and sustainability, it ensures that our members and candidates are equipped with the expertise required to navigate the complexities of the modern business landscape. This evolution aligns with global industry demands, reinforcing our commitment to fostering highly skilled professionals who drive economic growth and corporate resilience' said Tariro Mutizwa, ACMA, CGMA, Vice President, Africa at AICPA and CIMA. These changes do not impact learners taking CGMA exams in 2025. A Case Study and Objective Tests study support materials pack will be launched in October to help students prepare for the May 2026 CGMA exams. CIMA has also created over 50 hours of free study support materials to help candidates progress through exams and their journey to becoming CGMA designation holders. Full details can be found on the CIMA website.
Yahoo
3 days ago
- Business
- Yahoo
Gold price today, Thursday, June 5, 2025: Gold rises as the trade war continues
Gold (GC=F) futures opened at $3,398 per ounce Thursday, up 0.7% from Wednesday's close of $3,373.50. The price of gold today rose above $3,400 in early trading as investors wait for definitive progress on U.S. trade deals. While economic data has largely remained stable since the start of the trade war, signs of negative sentiment are emerging. On Wednesday, a U.S. auto industry group warned that China's restrictions on rare earth exports – a retaliation against tariffs – may soon disrupt vehicle production. Thursday, AICPA and CIMA survey results, polling senior executives in U.S. companies, revealed a sharp downturn in optimism about the economy. Negative economic and political sentiment often increases gold demand, which is considered a store of intrinsic value. Follow Trump tariffs live updates on Yahoo Finance The opening price of gold futures on Thursday is up 0.7% from Wednesday's close of $3,373.50 per ounce. Thursday's opening price marks a gain of 3.5% over the past week, compared to the opening price of $3,283.70 on May 29. In the past month, the gold futures price has risen 4.8% compared to the opening price of $3,242.70 on May 5. In the past year, gold is up 46% from the opening price of $2,326.40 on June 5, 2024. Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. Want to learn more about the current top-performing companies in the gold industry? Explore a list of the top-performing companies in the gold industry using the Yahoo Finance Screener. You can create your own screeners with over 150 different screening criteria. Investing in gold is a four-step process: Set your goal. Set an allocation. Choose a form. Consider your investment timeline. After deciding why you want to invest in gold and selecting the size and form of your gold investment, consider your investment timeline as a final suitability check. Gold can be volatile. It has demonstrated extended periods of decline in the past. Extended periods of decline are not acceptable if your timeline is short. The risk is too great that gold's price will be down when you need to liquidate. An extended holding period provides greater potential for reaching your investment goals. As an example, hedging against stock market declines or inflation is a long-term effort. These outcomes will continue to be risks as long as you own stocks or cash deposits. Holding gold as insurance against an economic calamity requires you to keep the asset until you need it. Learn more: How to invest in gold in 4 steps A small gold position can act as a stabilizer for your stock portfolio and your purchasing power. If you choose physical gold stored at home, it can also stand in as currency in the worst of economic crises. Just know that gold has underperformed stocks in the past, so choose your target allocation accordingly. Learn more: What to know before buying gold, silver, or platinum from Costco Whether you're tracking the price of gold since last month or last year, the price-of-gold chart below shows the precious metal's steady upward climb in value. Historically, gold has shown extended up cycles and down cycles. The precious metal was in a growth phase from 2009 to 2011. It then trended down, failing to set a new high for nine years. In those lackluster years for gold, your position will negatively impact your overall investment returns. If that feels problematic, a lower allocation percentage is more appropriate. On the other hand, you may be willing to accept gold's underperforming years so you can benefit more in the good years. In this case, you can target a higher percentage. The precious metal has been in the news lately, and many analysts are bullish on gold. In May, Goldman Sachs Research predicted gold would reach $3,700 a troy ounce by year-end 2025. That would equate to a 40% increase for the year, based on gold's January 2 opening price of $2,633. Rising demand from central banks, along with uncertainty related to changing U.S. tariff policy, are the factors driving the increase.
Yahoo
3 days ago
- Business
- Yahoo
Oxford University and AICPA launch sustainability reporting
The Saïd Business School of Oxford University in the UK and the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) have announced their second joint executive management programme focusing on sustainability reporting strategies. The eight-week Sustainability Reporting and ESG Data Management Programme is designed for senior finance professionals, consultants, auditors, and risk managers. It aims to equip participants with expertise in globally recognised frameworks, including those from the Task Force on Climate-related Financial Disclosures (TCFD), International Sustainability Standards Board (ISSB), Sustainability Accounting Standards Board (SASB), and European Sustainability Reporting Standards (ESRS). The programme emphasises integrating ESG data into decision-making, leveraging technology for business value, establishing good governance and control systems for sustainable growth, and identifying best practices for sustainability assurance preparation. It features multimedia learning materials, webinars, and optional weekly group sessions led by course tutors. Participants will receive a digital certificate co-signed by Saïd Business School and AICPA and CIMA upon completion, and gain access to a global network through Saïd Business School's alumni community. The programme is expected to offer continuing professional education (CPE) credits, with the first cohort starting on 1 October 2025. This follows the two institution's earlier collaboration on the ESG and Sustainable Financial Strategy programme, launched in Autumn 2023. That quarterly course, which offers 26.5 CPE credits, takes a broader approach to sustainability, covering organisational decision-making and resource allocation. Its next cohort begins on 24 September 2025. University of Oxford Saïd Business School Accounting associate professor Amir Amel-Zadeh said: 'Finance leaders sit at the intersection of strategy, compliance, and value creation. 'Fluency in sustainability reporting and ESG data management is therefore key. This program equips finance professionals not only with the technical knowledge to meet evolving standards but also with the strategic insight to embed sustainability into the core of decision-making by translating ESG data into actionable insights.' In Msy 2025, the AICPA reiterated its stance against the proposed limitations on state and local tax (SALT) deductions for specified service trades or businesses (SSTBs) in the One Big Beautiful Bill Act. "Oxford University and AICPA launch sustainability reporting" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
5 days ago
- Business
- Zawya
Chartered Institute of Management Accountants' (CIMA) Chartered Global Management Accountant (CGMA) Professional Qualification receives upgrade to meet expanding scope of modern finance
Today, the Chartered Institute of Management Accountants (CIMA) unveiled its CGMA Professional Qualification syllabus ( for 2026. This upgrade is designed to prepare students for the future of work and meet the growing expectations of modern finance professionals to be high-performance finance business partners capable of utilising technology and applying critical thinking skills. The emphasis on finance business partnering and applied problem solving aligns with AICPA&CIMA's Future of Finance 2.0 ( research and the World Economic Forum's Future of Jobs Report 2025 ( which predict that combining technology and human insight will be crucial for career success in the knowledge economy and essential for future accounting and finance roles. The upgraded syllabus enhances key competencies and behaviours such as finance business partnering, analytical thinking, and strategic planning while broadening its scope to include sustainability (e.g. green finance, environmental costing, and disclosures under IFRS S1/S2) and cutting-edge financial technologies (GenAI) content. Stephen Flatman, Vice President of Education and Professional Qualifications, Management Accounting at AICPA&CIMA, commented:"With a focus on finance role simulations embedded in our Case Study exams, the CGMA Professional Qualification allows finance professionals to quickly develop and apply cognitive, digital, and technical skills needed as finance business partners. Our unique problem-solving educational approach helps them provide expert advice, support decision-making, and create value for organisations." Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting at AICPA&CIMA, added: 'This year's update to the CGMA Professional Qualification syllabus sets it apart from traditional accounting and finance education, which still focuses heavily on preparing information, controls, and compliance – tasks increasingly automated by technology. The CGMA Professional Qualification is designed for the future of finance; created by finance professionals to equip future finance professionals with skills they need to be value creators.' Tariro Mutizwa, ACMA, CGMA, Vice President, Africa at AICPA&CIMA, said: 'The updated CGMA Professional Qualification syllabus represents a significant advancement in the development of finance and accounting professionals across Africa. By integrating key competencies such as business partnering, analytical thinking, strategic planning, and sustainability, it ensures that our members and candidates are equipped with the expertise required to navigate the complexities of the modern business landscape. This evolution aligns with global industry demands, reinforcing our commitment to fostering highly skilled professionals who drive economic growth and corporate resilience.' These changes do not impact learners taking CGMA exams in 2025. A Case Study and Objective Tests study support materials pack will be launched in October to help students prepare for the May 2026 CGMA exams. CIMA has also created over 50 hours of free study support materials to help candidates progress through exams and their journey to becoming CGMA designation holders. Full details can be found on our website ( Distributed by APO Group on behalf of AICPA&CIMA, together as the Association of International Certified Professional Accountants. About The Chartered Institute of Management Accountants: Founded in 1919, The Chartered Institute of Management Accountants® (CIMA®) is the world's leading and largest professional body of management accountants. As part of the Association of International Certified Professional Accountants, CIMA and its members and candidates operate in 188 countries and territories, working at the heart of business — in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its professional qualification and professional experience requirements to ensure it remains the employer's choice when recruiting financially trained business leaders. About AICPA&CIMA, together as the Association of International Certified Professional Accountants: AICPA®&CIMA®, together as the Association of International Certified Professional Accountants (the Association), advance the global accounting and finance profession through our work on behalf of 597,000 AICPA and CIMA members, candidates and registrants in 188 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license, the CGMA designation and specialized credentials, professional development and thought leadership. We build trust by empowering our members, candidates and registrants with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future.
