The IMA Competency Framework: Future-Ready Accounting and Finance Professionals.

This article focuses on the expanded Competency Framework developed by the Institute of Management Accountants (IMA) to prepare accounting and finance professionals for evolving business demands. The framework broadens from six to ten domains, integrating core technical skills with emerging technology, strategic governance, leadership, and ethics to reflect the increasing role of financial fluency across organizations. It aims to guide hiring, talent development, and succession planning by emphasizing capabilities such as AI application, data analytics, and sustainable business practices. The framework also supports global standardization and career planning, helping professionals adapt to rapid technological and regulatory changes while maintaining human judgment and ethical accountability. [Extracted from the article]