Economic and societal change in recent years has been relentless with major innovations in technology, business models, and customer needs. Adding to this factor have been significant environmental, social, and governance (ESG) considerations which have significant impact on the ability of the enterprise to create sustainable value. This session will introduce AICPA & CIMA’s newly updated Global Management Accounting Principles (GMAP) that will help finance organizations towards better decision-making. The GMAP provides a framework to finance professionals for global business leadership and to take an active part in the value creation cycle.
Interpret the main global management accounting principles and how they relate to value creation
Assess how these principles are applied in areas of practice within the finance function
Evaluate how the GMAPs promote principle-based best-practice guidance on achieving better business decisions