The Institute of Management Accountants (IMA) is “the leading professional organization devoted exclusively to MANAGERIAL ACCOUNTING and financial management.” As set forth on its website its mission and vision statements, its goals are “to help members develop both personally and professionally, by means of education, certification, and association with other business professionals.” Instrumental in shaping managerial accounting concepts and standards, the IMA also influences ethical practices and the development of ethical standards for practitioners. The IMA offers two certifications: the CMA (Certified in Management Accounting) and the CFM (Certified in Financial Management). Earning and maintaining IMA certifications document test individuals’ competence and expertise in management accounting and financial management.