Giuseppe Barone
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Brian Sherry
Stern Strategy Group

IMA and EFWA Award Annual Scholarships

Award celebrates women in accounting who are supporting members of their families


Montvale, N.J. and Cincinnati, Ohio, August 24, 2023IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on advancing the management accounting profession, and EFWA (The Educational Foundation for Women in Accounting), are proud to announce its annual scholarship recipients.

For 2023, three scholarships, two undergraduate and one graduate, were awarded to women in accounting who are the primary source of support for themselves and their families. Holly Bacon from Colorado State University-Pueblo and Samantha Terrell from Western Governors University are the undergrad recipients, and Ying Yan Wong from the University of Colorado-Denver is the graduate recipient.

All three recipients receive a monetary award along with member benefits from IMA, including a free student membership for three years, and the waiver of CMA® (Certified Management Accountant) entrance and exam fees.

“Our goal is to support every student pursuing a career in accounting with our resources. It is particularly important for us to support our EFWA recipients every year as these women look to diversify the profession while continuing to support their families,” said Patricia Stefanczyk, CAE, vice president, governance, corporate secretary & volunteer relations at IMA.

”We are excited to be able to continue to fulfill our mission of providing scholarships and mentoring in our pursuit of the advancement of women who are pursuing careers in accounting, something we’ve been doing for nearly 60 years. Our scholarships are sometimes the very piece of the puzzle that allow these women’s dreams to become a reality,” said Robert Bendetti, Jr., CPA, president of EFWA.

For more information about EFWA’s scholarship program, visit

About IMA® (Institute of Management Accountants)

IMA® 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) and CSCA® (Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. Twice named Professional Body of the Year by The Accountant/International Accounting Bulletin, IMA has a global network of about 140,000 members in 150 countries and 350 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/India. For more information about IMA, please visit

About EFWA (Educational Foundation for Women in Accounting)

EFWA provides scholarships and mentoring, supporting equitable access to education and the advancement of women who are pursuing careers in accounting. The Foundation encourages and enables women to enter the accounting profession and empowers them to achieve equal opportunities and equal rewards. Many opportunities exist to sponsor an event or scholarship for those looking to contribute to supporting the advancement of women in accounting. For more information visit