As of February 2010, the Virginia Skyline Chapter has a new web site at http://www.VirginiaSkyline.IMAnet.org

Our History

This historic website is maintained by Dr. Diane Riordan, Professor of Accounting, James Madison University, Mail Stop Code 0204, Harrisonburg, VA   22807.  She would appreciate any updated information and may be contacted at riordada@jmu.edu or by telephone at 540-568-3208.

Year (s) Awards(s) Won During Presidency President

1968 - 69                                                                                 William Orr

1969 - 71                                                                                Charles R. Vorpi   

1971 - 72                                                                                 J. Frank Terrell

1972 - 73                                                                                Charles R. Clary

1973 - 74 (joint)                                                                      D. J. Frye and R. R. King

1974 - 75                                                                               O. Whitfield Broome

1975 - 76    Third Place Banner (Warner Division)                   Gerald E. Moore

                    Keller Trophy (3 year improvement)

1976 - 77    Second Place Banner (Warner Division)                 Jack D. Reich

                    J. Lee Nicholson Trophy

                    Membership Acquisition Achievement Award

1977 - 78    Second Place Banner (Warner Division)                 Chester S. Kulesza

                    J. Lee Nicholson Trophy

                    Membership Acquisition Achievement Award

1978 - 79    Fourth Place Banner (Stevenson Division)               James G. Fox

1979 - 80                                                                                   Bradley M. Roof

1980 - 81    Ninth Place Banner (Stevenson Division)                  Charles L. Higley

1981 - 82    Tenth Place Banner (Stevenson Division)                 Lee E. Early

                    President’s Trophy (5-year improvement)

1982 - 83     Stevenson Trophy - First Place                           Dexter E. Gulledge

                    Membership Growth Achievement Award   

                    Membership Acquisition Achievement Award

1983 - 84                                                                                    Mike Kingsbury

1984 - 86 (2 years)                                                                      Dan Fraser

1986 - 88 (2 years)                                                                      Bill Anderson

1988 - 89                                                                                  Willard Williams

1989 - 91 (2 years)                                                                    A. Gay Dyal

1991 - 92                                                                                   Brad Intemann

1992 - 94 (2 years)                                                                      Nancy Armentrout

1993 - 94    Twenty-fourth Place Banner (Stevenson Division)

1994 - 95    Ninth Place Banner (Stevenson Division)                    Glenda Western

1995 - 96                                                                                      Steve Neely

1996 - 97                                                                                      Debbie Galway

1997- 99(2 years)                                                                          Sharon Busk

1999- 01  (2 years)                                                                         Diane Riordan

2001-03     (2 years)                                                                     Lester Seal

2003- 05 (2 years)                                                                        Rick Galway

2005 -  2006                                                                                 Paul White

2006 - 2007                                                                                  Skip Williams

2007-2008                                                                                    Carrie Souder

2008-2010                                                                                     Debbie Galway

2010-                                                                                             Tom Rosengarth

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The Virginia Skyline Chapter competed in the Warner Division (for chapters with 25 to 124 members) against 115 other chapters until 1978. Since 1979, we have been in the Stevenson Division (chapters with more than 125 members) competing against 165 other chapters. Beginning in 1998-1999, we rejoined the Warner Division.

Published in the Management Accounting or Strategic Finance Monthly Magazine

Currently the IMA has two publications:  Strategic Finance and Management Accountant Quarterly.  Previously, the Management Accounting magazine (formerly the IMA’s leading professional journal) received hundreds of manuscripts each yearfor consideration for publication. The three best manuscripts each year were recognized with Lybrand medals being awarded to their authors (Gold, Silver, and Bronze). Twenty-five Certificates of Merit were also awarded to authors for outstanding contributions to accounting literature published (in full or digest form) in Management Accounting. The Virginia Skyline chapter has the fortune of geography to be the home chapter for a number of scholars from outstanding institutions of higher education. Many of our own chapter members have written manuscripts for consideration of publication in the Management Accounting magazine. Through this process, our chapter’s authors have had the honor of receiving several national awards:

Author(s) Date/Award Title of Article

Fordham, David R. and Diane and Michael Riordan  '02 Nominated to Represent IMA in IFAC Manuscript Competition  "Business Intelligence"

Fordham, David R.   '01  Certificate of Merit "Forecasting Technology Trends"

Fordham, David R.   '98     Lybrand Bronze Medal "I.T. Planning"

Fordham, David R. and Marshall Brooks September ‘97   Certificate of Merit "Dealing with Uncertainty: Are You Using the Proper Tools?"

Baril, Charles P., Benke, Ralph and G. Buetow     November ‘96  Lybrand Gold Medal "Managing Risk with Derivatives"

Fordham, David R. September ‘96  Certificate of Merit "Connecting Your Company to the Internet"

Riordan, Diane A. and Scott N. Cairns   February ‘94 Certificate of Merit "Deduction of Toxic Waste Clean-up Costs may be a Hazardous Position"

Brownlee II, E. Richard   January ‘86 Lybrand Gold Medal    "Capitalizing on Excess Pension Assets"

Roof, Bradley M. January ’82 Certificate of Merit "A Personal Information System Check-up"

Edwards, James Don, Benke, Ralph and Alton Wheelock '82 Lybrand Medal "Applying an Opportunity Cost General Rule for Transfer Pricing,"

IMA ACCREDITED CERTIFICATION PROGRAMS

The Institute of Management Accountants (IMA) established the Institute of Certified Management Accountants (ICMA) in 1972 to implement and administer the Certified Management Accountant (CMA) Program and in 1996 the Certified in Financial Management (CFM) Program. The ICMA evaluates the credentials of candidates, administers the examination, grants certificates, and ensures that CMAs and CFMs continue to meet the professional requirements necessary to retain their certificates in good standing. The ICMA is governed by the ICMA Board of Regents.

Certified Management Accountant (CMA) Program

The Certified Management Accountant (CMA) designation for management accounting professionals provides members with a globally known recognition as a certified professional. The goal of the CMA Program is to foster the development of management accountants who have a strong technical background in accounting and finance, who can anticipate the needs of their organization, and who participate in the decision-making process as an integral member of the management team.

The CMA Examination is a comprehensive, four-part exam covering topics important to the effective practice of management accounting, including standards of ethical conduct. One part of the examination is waived for individuals who have passed the U.S. CPA exam. All parts of the CMA Examination are offered in a computer-based format on demand. The ICMA Program at IMA in Montvale, New Jersey, administers the program; Sylvan Testing Centers administers the examination. Parts of the exam may be taken separately. All parts of the CMA exam must be passed within a three-year period. For more information , call the National office of IMA (1-800-638-4427, extension 156).

Certified in Financial Management (CFM) Program

The Certified in Financial Management (CFM) Program was launched in December 1996. The CFM Program was designed to be of interest to a broad range of financial management professionals including current CMA’s who wish to broaden their certification, personnel within the corporate finance organization (treasury, planning, analysis), finance educators, and students.

The CFM Examination is a comprehensive, four-part exam, which includes three of the examination parts used for the CMA Examination. The fourth part is devoted to in-depth testing of corporate financial management topics. These topics will include financial markets and instruments, risk management, corporate restructuring, financial statement analysis, and investor relations. CMA’s in good standing with respect to continuing education and IMA dues need only pass the new Part 2.

William J. Claus, Jr. (Retired) May 1997

Sam F. Huffman Storeys Transprints, Inc. December 1997

Jimmy E. Garber Walker Manufacturing Co. October 1998

George F. Smith Drumheller Bag & Sup May 1999

Dr. James Fox (retired educator) September 1999

Dr. Brad Roof, Associate Dean, James Madison University 2000