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THE VIEW FROM THE PRESIDENT

                                        MELANIE JANINE KANAKA, FCMA, CGMA












              s president of CIMA and                                             the profession is heading in an
              co-chair of the Association                                         increasingly uncertain and
         Aof International Certified                                              complex world.
         Professional Accountants, I feel it
         is a privilege to be part of and lead                                    Data-led insights
         an organisation based on the four                                        As management accountants, we
         fundamentals of learning, ethics,                                        know how a business fits together,
         trust, and professionalism. Since                                        how internal systems and controls
         my election back in June, I have                                         function, and where risks can be
         had the opportunity to meet with                                         mitigated and opportunities
         many of our members, students,                                           explored. Our partners look to us
         employers, and stakeholders in                                           to offer the data-led insights that
         Canada when I visited for CIMA                                           fuel strategic decision-making and
         Canada’s 50th anniversary                                                business solutions that foster
         celebrations.                                                            innovation. This knowledge forms
           One thing that really struck me                                        the basis of the value we add to our
         in many of these conversations                                           organisations.
         was how far we have come as a                                               Because of this we are valued
         profession, from focusing on cost   Why trust matters                    and trusted by some of the best
         management to transitioning to a                                         employers around the world. In an
         key function that helps lead                                             era where trust is undermined by
         decision-making, foster business   ‘As the business world continues      uncertainty and misinformation,
         resilience, and create long-term                                         earning and retaining the CGMA
         value by being a valued, trusted   to rapidly evolve, the need for       designation gives finance
         partner. We didn’t get here by    trust in our profession grows          professionals credibility.
         accident.                                                                   Changing technologies and
                                                 even stronger.’                  new ways of working continue to
         Trusted business partners                                                disrupt the world at a rapid speed,
         Trust, built on ethics and integrity, is a fundamental     and businesses that don’t adapt will be left behind. In
         reason that management accountants now sit at the          this disrupted environment, we have the opportunity
         heart of modern business strategy and transformation.      to bring our skills and focus on trust and ethics to the
         As the business world continues to rapidly evolve, the     fore. Using the learning, development, and guidance
         need for trust in our profession grows even stronger,      resources available from AICPA & CIMA, we can keep
         which is why I have made this a key part of my             ourselves at the leading edge of the business
         presidential platform, “Step forward and lean in”.         transformation process.
           In recent years, we have had to adapt to                   To sustain the place of the finance function as the
         situations ranging from the global pandemic, a war         heart of the decision-making process, we must
         in Ukraine to crippling of international supply            continue — at every job and level, in every community
         chains, and an overall global economic downturn.           and country — to uphold the highest ethical standards,
         Those with the CGMA designation have stepped               guiding and directing the organisations we serve to do
         forward and dealt with these events, proving the           business responsibly.
         value of management accounting to a new                      The world is moving fast — and we can be certain
         generation of decision-makers and business                 there will be more radical change. We must, though,
         leaders. We have been a stabilising force for our          never lose sight of the core elements of our success: the
         organisations.                                             trust that our business partners place in us because of   PHOTO BY DALE MARTIN
           I believe the strategic value of finance professionals   our ethics, integrity, and commitment to learning. As
         increased during the pandemic. This increase is not a      we step forward together, I will remain resolutely
         blip; I am convinced it is an indicator of the direction   committed to these fundamental values.

        FM-MAGAZINE.COM                                                         October 2022  I  FM MAGAZINE  I  5
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