Institute of Management Accountants

Leading healthcare fund manager RA Capital launches biotech ETFs

Retrieved on: 
Monday, April 1, 2024
Algorithm, RAPP, Machine, Patient, Reddit, Child, ETF, CIO, Finger, Congress, General counsel, Poop, Rage, Lawyer, OOP, Nose, Machine learning, Exchange-traded fund, San Jose Sharks, Associate, Bias, POOP, IPO, MD, Insurance, VIXX, Venture, Fed, LP, RAGE, Attention, CFO, Hope, Global catastrophic risk, Opposite Day, Opposite, Institute of Management Accountants, Probability, Medicine

The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).

Key Points: 
  • The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).
  • This fund is composed of what RA Capital has termed "core" development-stage biotech companies held by at least one biotech specialist peer fund.
  • "What's long been missing from the menu of biotech ETFs is a fund constructed strictly based on borrowed conviction," said Peter Kolchinsky, a virologist and Managing Partner of the firm.
  • For those who think that specialists have it wrong, RA Capital is also launching the RA Peripheral Portfolio, which will trade under the symbol RAPP.

Mercedes-Benz HPC North America President & CEO Andrew Cornelia to Highlight Future of EV Charging at Industry-Leading Summit

Retrieved on: 
Friday, March 1, 2024
HPC, EV, Investment, Transport, Safety, MN8, BlueDot, Head, Mercedes-Benz, LAS, Path, Institute of Management Accountants, Partnership, Video game

LAS VEGAS, March 1, 2024 /PRNewswire/ -- Andrew Cornelia, President and CEO of Mercedes-Benz HPC North America, will headline the upcoming EV Charging Summit & Expo (Mar. 20-22 in Las Vegas) with a Mar. 21 keynote address entitled, "The Path Forward: A New Phase of EV Charging." Cornelia, a recognized leader in the EV charging sector, will explore the industry's transition into a new era focused on the quality, speed, and reliability of EV charging infrastructure. 

Key Points: 
  • 20-22 in Las Vegas) is North America's largest EV charging infrastructure event
    LAS VEGAS, March 1, 2024 /PRNewswire/ -- Andrew Cornelia, President and CEO of Mercedes-Benz HPC North America, will headline the upcoming EV Charging Summit & Expo (Mar.
  • Cornelia, a recognized leader in the EV charging sector, will explore the industry's transition into a new era focused on the quality, speed, and reliability of EV charging infrastructure.
  • Cornelia stands at the forefront of the EV charging industry as the President and CEO of Mercedes-Benz HPC North America.
  • "The launch of Mercedes-Benz HPC North America's new charging network is a major event in the EV charging industry," said Luke Vinci, president of MVP Media Network, which hosts the EV Charging Summit & Expo.

Richey May Enhances its Mortgage Banking Analytics Practice with Tenured Mortgage Leader Tyler House, CPA

Retrieved on: 
Thursday, February 29, 2024
Finance, CPA, Benchmarking, Data analysis, SoFi, Institute of Management Accountants, Advisory, Wyndham Capital Mortgage

DENVER, Feb. 29, 2024 /PRNewswire/ -- Advisory and accounting firm Richey May has continued the expansion of its Mortgage Banking Analytics practice by hiring Tyler House, CPA as Director of Data Analytics.

Key Points: 
  • DENVER, Feb. 29, 2024 /PRNewswire/ -- Advisory and accounting firm Richey May has continued the expansion of its Mortgage Banking Analytics practice by hiring Tyler House, CPA as Director of Data Analytics.
  • Tyler is returning to Richey May, where he spent a decade in the Mortgage Banking Audit and Advisory practices.
  • Richey May is proud to announce that Tyler House, CPA, is joining the firm as the Director of Data Analytics.
  • Tyler and his team will work with the tenured team in Richey May's Mortgage Banking Consulting practice and will focus on enhancing the success of the firm's mortgage banking clients.

National DCP Hires Juan Joachin to Serve as Chief Financial Officer

Retrieved on: 
Tuesday, February 27, 2024
CFO, Senior, ITESM, DCP, Marketing, Dominoes, Growth, Columbia Business School, IMD, Treasury, Dunkin, Inspire Brands, University, Organization, NDCP, Financial management, Institute of Management Accountants, Management

ATLANTA, Feb. 27, 2024 /PRNewswire/ -- National DCP (NDCP), the $3 billion supply chain management company serving Dunkin' franchisees, has hired Juan Joachin to serve as Chief Financial Officer (CFO). Joachin reports directly to Chief Executive Officer Stephen Down.

Key Points: 
  • ATLANTA, Feb. 27, 2024 /PRNewswire/ -- National DCP (NDCP), the $3 billion supply chain management company serving Dunkin' franchisees, has hired Juan Joachin to serve as Chief Financial Officer (CFO).
  • Joachin reports directly to Chief Executive Officer Stephen Down.
  • "With more than thirty years of outstanding international financial leadership, Joachin brings tremendous knowledge of Dunkin' and the members we serve to this role," said Stephen Down, CEO.
  • As the Chief Financial Officer, Joachin is responsible for the successful execution of NDCP's day-to-day financial and internal audit functions to support our long-term strategic goals, enabling growth, service level delivery and profitability.

IMA Publishes Report on the Global Impact of AI on Accounting and Finance Professionals

Retrieved on: 
Friday, February 16, 2024
Interface (computing), CPA, Artificial intelligence, Accounting, AI, Forecasting, Culture, Growth, Learning, CIA, Organization, Data analysis, Retraining, Institute of Management Accountants, Workforce, CMA, Research, Face, IMA, Management

The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.

Key Points: 
  • The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.
  • As AI continues to reshape the accounting and finance profession, IMA engaged global experts and leaders in the profession to study the applications of AI and what barriers could exist to implement processes into accountants' daily work.
  • Insights from these discussions are valuable for informing organizational strategies as leaders prepare to embark on their AI journey.
  • "The use of AI will drive the future of the profession's growth, unlock untapped potential, and increase the value of professionals and organizations."

IMA Publishes Report on the Global Impact of AI on Accounting and Finance Professionals

Retrieved on: 
Friday, February 16, 2024
Interface (computing), CPA, Artificial intelligence, Accounting, AI, Forecasting, Culture, Growth, Learning, CIA, Organization, Data analysis, Retraining, Institute of Management Accountants, Workforce, CMA, Research, Face, IMA, Management

The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.

Key Points: 
  • The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.
  • As AI continues to reshape the accounting and finance profession, IMA engaged global experts and leaders in the profession to study the applications of AI and what barriers could exist to implement processes into accountants' daily work.
  • Insights from these discussions are valuable for informing organizational strategies as leaders prepare to embark on their AI journey.
  • "The use of AI will drive the future of the profession's growth, unlock untapped potential, and increase the value of professionals and organizations."

Homebase Continues Leadership Expansion, Appointing Philip Moon as Chief Financial Officer

Retrieved on: 
Tuesday, January 30, 2024
Empyrean, Grove Collaborative, FreshBooks, HelloFresh, Candy, SAN, Software as a service, Morgan Stanley, Square, IPO, Acceleration, Institute of Management Accountants, Small business, TPG, Eero, Moon, Growth, Management

SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ -- Homebase, the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announced the appointment of industry veteran Philip Moon as the company's Chief Financial Officer. Co-founder and Chief Operating Officer Rushi Patel also recently added the title of Chief Revenue Officer, continuing the acceleration of Homebase's industry-leading revenue growth.

Key Points: 
  • Co-founder and Chief Operating Officer Rushi Patel also recently added the title of Chief Revenue Officer, continuing the acceleration of Homebase's industry-leading revenue growth.
  • This is the latest in a series of major developments at Homebase, including last year's hiring of Chief Technology Officer, Oliver Fisher, and Chief Marketing Officer, Candy Lee, as the startup readies for its next phase of growth.
  • This bolstered leadership team brings in experience from rapidly scaling companies such as Shopify, HelloFresh, and FreshBooks to market-leading positions.
  • As Homebase continues to grow, the company is focused on expanding its comprehensive HR and team management ecosystem.

IMA Signs MoU with Al Akhawayn University to Enhance Management Accounting Education

Retrieved on: 
Thursday, January 25, 2024
Student, AUI, Certified Management Accountant, Partnership, Faculty, Institute of Management Accountants, IMA, Al Akhawayn University, CMA, Memorandum of understanding, Certification, Management

Under this agreement, Al Akhawayn University will offer professional programs to its students which complement their academic studies including IMA's CMA® (Certified Management Accountant) certification.

Key Points: 
  • Under this agreement, Al Akhawayn University will offer professional programs to its students which complement their academic studies including IMA's CMA® (Certified Management Accountant) certification.
  • The MoU symbolizes a mutual commitment to educational excellence and professional development, and was signed by Amine Bensaid, president of Al Akhawayn University, and Mike DePrisco, IMA's president and CEO.
  • As part of this collaboration, IMA will offer CMA scholarships to 10 outstanding students at Al Akhawayn University.
  • "Our collaboration with Al Akhawayn University resonates with our core mission at IMA.

IMA Signs MoU with Al Akhawayn University to Enhance Management Accounting Education

Retrieved on: 
Thursday, January 25, 2024
Student, AUI, Certified Management Accountant, Partnership, Faculty, Institute of Management Accountants, IMA, Al Akhawayn University, CMA, Memorandum of understanding, Certification, Management

Under this agreement, Al Akhawayn University will offer professional programs to its students which complement their academic studies including IMA's CMA® (Certified Management Accountant) certification.

Key Points: 
  • Under this agreement, Al Akhawayn University will offer professional programs to its students which complement their academic studies including IMA's CMA® (Certified Management Accountant) certification.
  • The MoU symbolizes a mutual commitment to educational excellence and professional development, and was signed by Amine Bensaid, president of Al Akhawayn University, and Mike DePrisco, IMA's president and CEO.
  • As part of this collaboration, IMA will offer CMA scholarships to 10 outstanding students at Al Akhawayn University.
  • "Our collaboration with Al Akhawayn University resonates with our core mission at IMA.

Sharp Increase in Economic Confidence across North America; Global Outlook Falls Again

Retrieved on: 
Thursday, January 18, 2024
CIA, Research, Institute of Management Accountants, IMA, Risk, Geopolitics, CPA, CMA, ACCA

NEW YORK and MONTVALE, N.J., Jan. 18, 2024 /PRNewswire/ -- The ACCA and IMA®  (Institute of Management Accountants) Global Economic Conditions Survey (GECS) shows confidence rebounded sharply in North America in Q4 in 2023, after a large fall in Q3. Confidence declined among accountants globally for the third consecutive quarter, consistent with a further moderation in global growth. The survey doesn't suggest that a major downturn is on the cards though.

Key Points: 
  • Confidence declined among accountants globally for the third consecutive quarter, consistent with a further moderation in global growth.
  • The survey recorded divergent changes in confidence at regional levels with improvements in South Asia and the Middle East, in addition to North America.
  • Global accountancy professionals ranked economic risks, talent retention, and regulatory change as their top three risks, according to the risks section of the survey.
  • Regulatory change, cybersecurity, and economic risks were listed as the top three risks reported in the survey twelve months ago.