UK Management Accountants Want to Stay in the EU to Protect British Business
August 29 2015 - 7:07PM
Business Wire
UK management accountants want the UK to remain in the EU,
according to a survey of members of the Chartered Institute of
Management Accountants (CIMA). The majority (63%) said they want to
stay in the EU even if David Cameron fails to renegotiate our
relationship with Europe.
The poll, which covered 1,100 UK professionals working in
finance across all industry sectors and sizes of organisation,
found that over three-quarters (76%) want the UK to maintain EU
membership and 80% stated they believe EU membership is good for
British business. Only 7% thought that leaving the EU would have a
positive impact on their own business.
Tony Manwaring, CIMA’s executive director, external affairs,
said: ‘The role of management accountants is to assess all relevant
information to decide what will best ensure the success of business
now and in the future. On this basis, they have said that the UK’s
membership of the EU is good for UK. The majority of CIMA members
want the UK to remain within the European Union at all costs.
The survey showed that demand for business-specific reforms was
quite low, with only 5% wanting changes to corporate regulations,
12% wanting the UK to push for tax harmonization, and 12% wanting
changes to employment regulations. Support for the Euro was
extremely low with only 4% of survey respondents indicating they
would like the UK to join.
Positive sentiment towards the EU was consistent across all
sizes of organisation and was high even with relatively low levels
of interaction with other EU countries. A third (33%) reported a
significant proportion (over 25%) of business which involved other
EU states and the majority (54%) has not seen any increase in
business with other EU states in recent years. Only a small
proportion (14%) said their organisations receive some form of
funding from the EU.
Notes to Editors
1. The Chartered Institute of Management Accountants
(CIMA), founded in 1919, is the world’s leading and
largest professional body of management accountants, with over
227,000 members and students operating in 179 countries, working at
the heart of business. CIMA members and students work in industry,
commerce, the public sector and not-for-profit organisations. CIMA
works closely with employers and sponsors leading-edge research,
constantly updating its qualification, professional experience
requirements and continuing professional development to ensure it
remains the employers’ choice when recruiting financially-trained
business leaders.
Professionalism and ethics are at the core of CIMA’s activities
with every member and student bound by robust standards so that
integrity, expertise and vision are brought together.
CIMA has formed a joint venture with the American Institute of
CPAs (AICPA) to establish the Chartered Global Management
Accountant (CGMA) designation. CGMA is the global quality standard
that further elevates the profession of management accounting. The
designation recognises the most talented and committed management
accountants with the discipline and skill to drive strong business
performance.
CIMA is proud to be the first professional accounting body to
offer a truly global product in the fast-moving area of Islamic
Finance. CIMA also offers a Global Business Services qualification,
in conjunction with The Hackett Group, the first and only global
professional qualification in the shared services and outsourcing
arena.
For more information about CIMA, please visit
www.cimaglobal.com.
Follow us on Twitter at www.twitter.com/CIMA_News.
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For press enquiries:CIMADamian Kerr, +44 (0)7964
423608Press Officerdamian.kerr@cimaglobal.com