Andrew Miskin elected CIMA pres­i­dent

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

KARACHI—Andrew Miskin FCMA, CGMA has been elected as the 83rd Pres­i­dent of the Char­tered In­sti­tute of Man­age­ment Ac­coun­tants (CIMA) at the in­sti­tute’s an­nual gen­eral meet­ing (AGM) on Mon­day. Andrew, who has 25 years’ ex­pe­ri­ence as a man­age­ment con­sul­tant, will be re­spon­si­ble for chair­ing the in­sti­tute’s gov­er­nance ar­range­ments and ad­vo­cat­ing for CIMA and man­age­ment ac­count­ing.

Andrew has held a va­ri­ety of roles within CIMA, in­clud­ing serv­ing on the CIMA coun­cil, as Chair­man of CIMA’s mem­bers’ ser­vices com­mit­tee and as Deputy Pres­i­dent of the ex­ec­u­tive com­mit­tee. On the day of his elec­tion to Pres­i­dent, the re­sult of a mem­ber bal­lot in favour of a new ac­count­ing as­so­ci­a­tion with the Amer­i­can In­sti­tute of Cer­ti­fied Pub­lic Ac­coun­tants was also an­nounced. Andrew will there­fore over­see the cre­ation of the new body. Andrew Miskin said: “This is one of the most ex­cit­ing times for CIMA and I’m proud to start my new role on the same day we an­nounced the vote of our mem­bers in favour of The As­so­ci­a­tion.

“The role of Man­age­ment Ac­coun­tants is evolv­ing from the re­port­ing of fi­nan­cial and op­er­a­tional per­for­mance. Today, it is about com­mu­ni­cat­ing de­ci­sion­rel­e­vant in­for­ma­tion and pro­vid­ing man­age­ment with a fore­cast of po­ten­tial out­comes. There­fore, new com­pe­tences and es­pe­cially a new con­fi­dence in deal­ing with un­cer­tainty is re­quired. Man­age­ment Ac­coun­tants are now lead­ers at all busi­ness lev­els and they cre­ate and pro­tect value. So, I have the good for­tune to be­gin my pres­i­dency at a time when man­age­ment ac­coun­tancy is be­com­ing more rel­e­vant than ever.

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