The American Institute of CPAs and the United Kingdom's Chartered Institute of Management Accountants have agreed to collaborate on developing products and services for their members. This partnership will allow the AICPA to offer additional professional resources to members working in business and industry, who account for nearly 50 percent of the institute's membership.

The resources developed through the AICPA-CIMA relationship will encompass three core areas -- business management, management accounting, and financial management.

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