LONDON--(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.
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