||:: CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS OF NIGERIA
CIMAN supports its members and students by developing and promoting best practice in corporate governance. We support the Combined Code on corporate governance, prepared by the Financial Reporting Council, and have implemented it as far as possible - though, as we are not a listed company, we are unable to follow it completely. Please refer to our latest annual financial statements for a more comprehensive review of our governance procedures.
CIMAN is playing a leading role in the development of corporate governance. We have developed the CIMAN Strategic Scorecard tool to promote the right balance of conformance and performance among organisations. This is part of CIMAN's Enterprise Governance project, part of which involves using the CIMAN Strategic Scorecard to drive the Institute's own growth.
CIMAN contributes to a final salary pension scheme for employees who started before 31 December 2001, and to a stakeholder pension scheme for those who started after. CIMAN also has a Benevolent Fund for the support of members, and their families, who are experiencing financial distress.
CIMAN operates an equal opportunities policy and we are fully compliant with the Disability Discrimination Act (2004).
CIMAN is very aware of the important role it can play in bringing ethics to the forefront of business current affairs. Guidance is issued to all students at the beginning of their training, which defines the core ethical attributes a management accountant should have and display. This guidance also explains their responsibility to the collective well being of the community of people and institutions the professional accountant serves. It specifically notes the wider duty of care they owe, beyond their employer or client, and offers guidance on the actions to be taken should an ethical conflict arise.