AICPA and CIMA Broaden Lifelong Learning Site to Include Competencies in Accounting and Auditing

Joint Project Already Offers Resources on Management Accounting and Other Topics

November 9, 2015

NEW YORK (Nov. 9, 2015) – The American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) have expanded their professional learning and development website to include competencies in financial accounting and reporting, as well as assurance, part of a broader effort to bring innovation to lifelong learning in the accounting profession.

The AICPA-CIMA Competency and Learning website, a joint project of the AICPA and CIMA, initially launched earlier this year as a tool for Chartered Global Management Accountant® (CGMA®) designation holders to expand their skills and build rewarding career paths. In recent months, the website has broadened to include other competency categories such as employee benefit plan auditing, governmental auditing and – as of today – accounting and auditing. Other topical areas will be added in the months ahead.

With the integration of the new accounting and auditing competency framework into the site, CPAs will be able to quickly analyze where they might have a knowledge gap and get instant, personalized recommendations on articles, videos, courses, conferences and other learning resources to master that area. The framework was developed by some of the profession’s top subject matter experts.

“Professional education isn’t about how much time you spend in front of a computer or how long you sit through a presentation,” said Clar Rosso, the AICPA’s vice president of member learning and competency. “It’s about gaining knowledge and expertise that can take you and your career to the next level. That’s why a competency-based approach to professional development makes so much sense.”

One new feature of the website is “knowledge checks,” or multiple-choice quizzes on specific topics. An inaccurate answer will trigger links to AICPA learning resources on that topic. CPAs also can find nearby conferences and other learning opportunities by leveraging location-based searches. The site is free and mobile-friendly, so users can assess their knowledge and learn through any device at any time.

To learn more, visit the AICPA-CIMA Competency and Learning website.