New IMA Framework Gives Organizations Tools for Successful Operational Change Initiatives

Marc Gerrone
(201) 474-1502

Kristy Skowronski
Stern + Associates
(908) 325-3874

Latest Statement on Management Accounting Helps Employers Ease Emotional Impact of Change and Measure Success

MONTVALE, N.J., February 24, 2015 – Implementation of new systems and processes is doomed to fail without proper organizational change management, yet it is consistently overlooked. To help organizations consider the human perspective and reaction to change, learn how to ease the impact, and minimize associated issues and risks, IMA® (the Institute of Management Accountants) has released a new Statement on Management Accounting (SMA) entitled “Managing Organizational Change in Operational Change Initiatives.” The SMA’s framework defines the concepts and principles that must be considered when making organizational changes – changes that management accountants are uniquely qualified to help their organization accomplish. The full paper is available on IMA’s website

“This framework describes typical employee reactions when change is occurring in the workplace, and it ties these phases to the stages of a typical project management methodology,” said Raef Lawson, CMA, CPA, Ph.D., IMA’s Vice President of Research and Policy. “It is intended to give organizations tools to control the change management process and assess the success of their initiatives.”

The Framework, which discusses the human reaction to change, was authored by Katie Terrell, an instructor at the University of Arkansas in the Walton College Accounting Department where she focuses on accounting information systems and the impact on human behavior.

First introduced in 1981, IMA’s Statements on Management Accounting present the association’s position on a range of issues relevant to the profession. To view IMA’s previous Statements on Management Accounting and other thought leadership reports, visit

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 70,000 members in 140 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe and Middle East/Africa. For more information about IMA, please visit