The new President of the Bureau of the Quebec CMA Order says 2007-2008 will be marked by renewed vitality

    MONTREAL, June 4 /CNW Telbec/ - Richard Désy, FCMA, President, Heliodor
Capital Intellectuel inc., who was named President of the Bureau of the Quebec
CMA Order just a few days ago, has announced that a more intense positioning
strategy for the profession will be at the center of his action priorities for
2007-2008. It is from this perspective that he and his team intend to focus on
two particularly strategic issues during his term, which include the
consolidation of the profession's leadership, both with employers and
students, and public accounting.
    "In a burgeoning market where the effects of demographic change will be
felt for some time yet, the Order will double its efforts to best satisfy the
demand on the profession, without compromising quality, which bodes very well
for our future." It was in these terms that the new President expressed how
important it is to strengthen ties with employers, which he also intends to
include more in supervising and evaluating the practical work experiences of
candidates to the profession. Likewise, in an effort to make the search for
practical work experiences easier for candidates to the CMA profession and
aware of the succession needs of the many organizations facing an aging
workforce and a shortage of resources in the financial management field, "the
Order will strengthen its partnership with employers in search of young
talents by increasing initiatives to encourage the hiring of CMAs and
promoting its loyal hiring partners," states Mr. Désy.
    In addition, with market globalization forcing businesses to question
their processes, competitiveness is the key issue. In the President's opinion,
it is clear that this situation has only helped position management accounting
and CMAs at the forefront of the accounting profession "since," he says,
"businesses are increasingly looking for accounting professionals capable of
thinking beyond standard compliance and established rules. That leaves a lot
of room for CMAs." The hallmark CMA Strategic Leadership Program was very
recently remodeled in line with this changing context. The CMA competency map,
adopted in 2005 and designed to reflect the real needs expressed by
businesses, has served as the foundation for the update of the program whose
first cohort will begin this fall. "Our objective is to prepare future CMAs to
play their role as true business partners better than ever and thus contribute
to the creation of value and collective wealth," Richard Désy emphasizes.
    Although the new political dynamic resulting from the election of a
minority government in Quebec is not making public accounting a government
priority, the Order will nevertheless continue to make politicians aware of
the importance of the issues at stake. "Bill 64 died on the Order Paper, but
the debate is far from over," Mr. Désy reiterates. "We will continue, just as
we did when the bill was being tabled, to vigorously reject the idea of
framing the practice of public accounting in the Chartered Accountants Act, as
proposed in the bill whose objective, ironically, was to put an end to the CA
monopoly over public accounting." Richard Désy says he is firmly convinced
that Quebec will not be able to indefinitely escape from the necessity of
updating the framework of the accounting profession in a way that fully
respects the three groups that form it.
    The President of the Bureau of the Order will be assisted in achieving
his priorities by the other members of the newly elected Administrative
Committee, who are Vice President Claude Paul-Hus, CMA, General Manager,
Société québécoise d'information juridique, Treasurer Joanne Couture, CMA,
Senior Account Manager, Export Development Canada, elected director
Marie-Andrée Giroux, CMA, Corporate Controller, Roche Ltd., Consulting Group,
director appointed by the Office des professions, Louis Renaud, Director -
Quebec, Real Estate Management, SITQ, and finally, President and Executive
Director of the Order François Renauld, FCMA.

    The Ordre des comptables en management accrédités du Québec consists of
more than 8,400 certified members and candidates to the profession. CMAs
create value within organizations using an integrated and systematic approach
to strategic and financial management.

For further information:

For further information: Nathalie Roberge, Coordinator, Media and
Events, (514) 849-1155, 1-800-263-5390, extension 247,; Source: Quebec CMA Order; Photo available on

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Ordre des comptables en management accrédités du Québec (CMA)

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