B Monterio IMA Forms XBRL Committee Appointment Release 13 Aug09
CONTACT: Marc Gerrone
FOR IMMEDIATE RELEASE
BRAD MONTERIO OF COLCOMGROUP TO SERVE ON NEW IMA XBRL ADVISORY COMMITTEE
Montvale, N.J., August 13, 2009 -- The Institute of Management Accountants (IMA ) is pleased to
announce that Brad J. Monterio, Managing Director of both Colcomgroup, Inc. and CMH Partners LLC, has
been appointed to serve as a member of IMA’s newly formed XBRL Advisory Committee for a one-year
term. Mr. Monterio 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. IMA (www.imanet.org) 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. Monterio for taking an active role in
shaping the future of the profession through committee participation,” said Jeff Thomson, IMA president
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
“As the Outreach Working Group Chair, I will be able to leverage more than a decade of experience with
the international XBRL and accounting communities to help the Committee deliver on its mission,” said
Brad J. Monterio, Chair, Outreach Working Group of the IMA XBRL Advisory Committee.
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.
As Managing Director at Colcomgroup, Mr. Monterio directs the consultancy’s marketing, strategic
planning, communications and outreach on behalf of clients. He is also the Managing Director of CMH
Partners LLC, a boutique investment bank based in New York serving the FinTech, CleanTech and
MedTech sectors. Mr. Monterio is a member of the 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.
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