REGISTER NOW The Institute of Management Accountants is objecting to the possible elimination of management accounting from the future courses required for students pursuing a career in accounting. The American Institute of CPAs and the National Association of State Boards of Accountancy are set to unveil the model accounting curriculum they have developed for their CPA Evolution project during an online event Tuesday co-hosted by the American Accounting Association. While the curriculum is still in progress, IMA officials are concerned that it may de-emphasize management accounting and cost accounting skills. Last week, the IMA posted an article from its vice president of research, Raef Lawson, and Roopa Venkatesh, chair of the IMA's Committee on Academic Relations and an associate professor of accounting at the University of Nebraska at Omaha, arguing against the possible changes. “IMA has concerns regarding the potentially deleterious effect dropping managerial/cost accounting from the required curriculum for CPAs proposed in the CPA Evolution model (and the Uniform Accountancy Act Model Rules of November 2020) will have on the ability of the accounting profession to protect the public and serve the public interest,” they wrote. “We challenge the implicit premise that a core knowledge of managerial accounting is not essential to the work of the CPA.”