IMA Publishes New Accounting Textbook

To address the long-standing talent gap in management accounting and finance, IMA® (Institute of Management Accountants) has published its first textbook, “Management Accounting: An Integrative Approach.” Authored by C.J. McNair-Connolly, Ph.D., and Kenneth A. Merchant, Ph.D., the book aligns with IMA’s mission to better prepare the accounting student of today to become the strategic business partner of tomorrow. For more information, visit: www.imanet.org/matextbook

According to IMA’s research, 90% of organizations have a difficult time finding the right management accounting talent. While experienced professionals struggle to keep up with new skills, entry-level workers are even more ill-equipped to bridge the finance function with business strategy, partly due to narrowly focused college curricula. IMA developed “An Integrative Approach” to minimize the gap between academia and on-the-job readiness and to help students prepare for all aspects of an accounting career.

“The textbook, with three accompanying databases, offers students the opportunity to work with realistic data and real-world scenarios,” said Raef Lawson, Ph.D., CMA, CPA, CFA, IMA Vice President of Research and Policy and Professor-in-Residence. “With this focus, students improve critical thinking skills and enter the workforce with confidence.”