Michal Piechocki of BR-AG to serve on new IMA XBRL Advisory Committee

Montvale, N.J., August 12 -- The Institute of Management Accountants (IMA®) is pleased to announce that Michal Piechocki, CEO of the Business Reporting Advisory Group has been appointed to serve as a member of IMA’s newly formed XBRL Advisory Committee for a one-year term.

Michal Piechocki will participate in the committee’s charge of furthering the development of XBRL (eXtensible Business Reporting Language) to enable management accountants to become more effective and efficient in a wide range of business activities. Additionally Michal will chair the IMA XBRL Advisory Committee Taxonomy Working Group. IMA is the world’s leading association dedicated to advancing the accounting and finance profession.

“As a leading authority on accounting and finance issues, IMA has a responsibility of keeping pace with the profession and the issues affecting its members. I congratulate Mr Piechocki for taking an active role in shaping the future of the profession through committee participation,” said Jeff Thomson, IMA president and CEO.

IMA’s XBRL Committee includes two working groups, the Outreach Working Group and the Taxonomy Working Group. The Outreach Working Group will manage internal advocacy and outreach about XBRL and provide communications to IMA members and other stakeholders. The Taxonomy Working Group will manage IMA’s role in developing taxonomies and monitoring technical developments related to the global XBRL standard.

IMA is an associate member of XBRL International, Inc. (www.xbrl.org), a worldwide consortium dedicated to developing, managing and maintaining the global XBRL standard for business reporting. IMA is one of the original founding members of the XBRL standard.

About IMA®

With a worldwide network of about 60,000 professionals, IMA is a global association dedicated to empowering accounting and financial professionals to become trusted business advisors by playing a driving role in their organization’s business success. IMA provides a dynamic forum for professionals to advance their careers through Certified Management Accountant (CMA®) certification, research, professional education, networking, and advocacy of the highest ethical and professional standards. For more information about IMA, please visit www.imanet.org.