International Women’s Day Is an Opportunity for Businesses to Better Support Women in the Workplace
NEW YORK , March 04 /Businesswire/ - In advance of International Women’s Day on March 8, the Association of International Certified Professional Accountants (the Association) shares tips for businesses to better support and empower their female employees.
“The Global pandemic has highlighted the balancing act that women have performed for years managing their work and family lives,” said Crystal Cooke, director of diversity and inclusion for the Association, the global organization for the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA). “It’s incumbent that organizations recognize the challenges women face in their career progression and put practices into place to support their success.”
Based on responses from recipients of the AICPA’s and CPA Practice Advisor’s 2020 Most Power Women in Accounting Awards, here are five things businesses can do to build a culture that provides greater gender equity in the workplace:
The Association (AICPA & CIMA) is committed to supporting women in the profession and to achieving gender equity for women in the finance and accounting profession. The AICPA’s 2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report found that women represent more than half (51%) of all entrants into the profession but comprise less than a quarter (23%) of partners. There are several initiatives to empower women in accounting and finance and support allyship in the workplace, including:
About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 431,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for its members and U.S. auditing standards for private companies, nonprofit organizations, and federal, state and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives professional competency development to advance the vitality, relevance and quality of the profession.
About The Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants. As part of the Association of International Certified Professional Accountants (the Association) its members and students operate in 179 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organizations. 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.
About the Association of International Certified Professional Accountants
The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power trust, opportunity and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students across 179 countries and territories in public and management accounting, and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.
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