The Increasing role of the Management Accountant This is where the management accountant can come into the picture. Management accountants can help the organization from an accounting and performance perspective help investors to better understand the connection to the company’s business case
The SEC’s interpretation and the Congressional “Corporate Diversity Bill” are the latest evidence that efforts over the past two years for enhanced board diversity are gaining considerable momentum. 1 The Human Capital Management Coalition —a group of institutional investors with $2.8 trillion in assets—is urging the US Securities and Exchange Commission to require issuers to “disclose information about their human capital management policies, practices and performance.” Management accountants work closely with the CFO on financial disclosures. The US SEC Chairman is urging public companies to disclose human capital in addition to financial data. Role of the Management Accountant: What role will management accountants play in this new area of corporate disclosure Can management accountants help companies provide this additional data to the capital markets?
Former FASB Chairman Robert Herz, IMA (Institute of Management Accountants) President and CEO Jeff Thomson, and sustainability reporting expert Brad Monterio of Colcomgroup, today released a jointly authored thought paper, " Leveraging the COSO Internal Control – Integrated Framework (ICIF) to Improve Confidence in Sustainability Performance Data ."
She has been one of the original supporters of using technologies like XBRL in the State of Nevada to provide better transparency and accountability for financial management of government