ICMA (Australia) is established with a vision to attain the status of a premier body of professionals practicing the science of management accounting. The Institute thus aims:
To promote and develop the science of Management Accountancy and to foster and maintain investigations and research into the best means and methods of developing and applying such science and to encourage, increase, disseminate and promote knowledge, education and training and the exchange of information and ideas in respect of all questions relating thereto or connected therewith;
To provide a professional organization for Management Accountants and by means of examination and other methods of assessment to test the skill and knowledge of persons desiring to enter the profession;
To further the development of management accounting education in these disciplines in the universities and schools in Australia and Asia; To encourage research into the application of management accounting theory in practice;
To hold conferences and publish a journal as a means for disseminating ideas and information in the discipline of management accounting, and for promoting their discussion.