what is an IMA
The IMA was founded in 1919 as the National Association of Cost Accountants (NACA), which underwent a name change to the National Association of Accountants (NAA) in 1957.In 1991, the organization's name was changed to the Institute of Management Accountants.EFINITION of 'Institute Of Management Accountants-IMA'. The umbrella association for financial professionals. The Institute of Management Accountants has more than 60,000 members worldwide, as of 2010. It confers the prestigious certified management accountant (CMA) designation.