In 2014 CIMA, with the American Institute of Certified Public Accountants, launched the Global Management Accounting Principles (Principles). The Principles were endorsed by UK business leaders including: Mr Ian king Chief Executive, BAE Systems and Howard Orme, Director General, Finance & Commercial, Department for Business Innovation & Skills. The CGMA Competency Framework was also launched in 2014. The framework shows the range of technical, accounting and finance skills that management accountants need to do their jobs and consists of four knowledge areas: Technical Skills, Business Skills, People Skills and Leadership Skills all underpinned by Ethics, Integrity and Professionalism.