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John Wiley & Sons Inc.

06/18/2012 | Press release

IMA and Wiley Announce Strategic Partnership to Support CMA Certification and the Accounting Profession

distributed by noodls on 06/18/2012 12:57

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June 18, 2012

IMA and Wiley Announce Strategic Partnership to Support CMA Certification and the Accounting Profession

Montvale, N.J. and Hoboken, N.J., June 18, 2012 - IMA®, one of the largest and most respected associations focused exclusively on advancing the management accounting profession, and global publisher John Wiley & Sons, Inc., announced today a strategic partnership, involving co-branding, distribution, product enhancements, and innovation for IMA's CMA® (Certified Management Accountant) Learning System (CMA LS) exam prep suite of products. Wiley, publisher of some of the leading management and financial accounting textbooks and professional learning titles, will commence sales of the CMA LS suite of products later this year.  

Featuring a two-part exam program, IMA's CMA credential represents a rigorous assessment for accounting and finance career professionals. Through this new partnership, Wiley will publish and market IMA's CMA LS product line through its global multi-channel sales distribution system and leverage the publisher's innovative delivery options, including mobile applications.  

"IMA and Wiley have worked together successfully in the past in different capacities and we're pleased to bring this relationship to the next level," said Jeff Thomson, CMA, IMA president and CEO. "The partnership will enable greater awareness and adoption of the CMA certification program in the U.S. and around the world."  

Recent data from the 2012-13 edition of the U.S. Bureau of Labor Statistics' Occupational Outlook Handbook projects 16 percent growth in employment for accountants from 2010 to 2020. With Wiley's global footprint, combined with IMA's network of more than 65,000 members, the two organizations hope to build a partnership that will benefit the growing accounting profession.  

"This strategic partnership aligns with Wiley's objective to provide professionals with high-quality products and services that enhance their professional lives. Further, this relationship aligns with our interest in supporting and expanding the accounting profession," said David Pugh, vice president and publisher at Wiley.   

About IMA® (Institute of Management Accountants)
IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 65,000 members in 120 countries and 200 local chapter communities. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit www.imanet.org.

About Wiley

Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley and its acquired companies have published the works of more than 450 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry, and Peace. 

Our core businesses publish scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia. The Company's website can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.

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