September 20, 2006
CFM certification will not be available soon
The ICMA Board of Regents tells that the CFM program will no longer be offered as of Dec 31, 2007 because of the inability "to find a sustained audience." They plan to focus on the CMA certification. "This new focus will enhance the value of the CMA." said Dennis Whitney, vice president-ICMA, CMA/CFM.
The CFM certification program was established approximately 10 years ago, and more than 4,100 management accounting professionals have earned the CFM designation. The ICMA and its parent, the Institute of Management Accountants (IMA®), will continue to support all CFM holders with appropriate member services, recognition of the CFM achievement, and the maintenance of certification records.
"This was a difficult decision for the Board, but we believe that the benefits to be gained by focusing solely on the enhancement of the CMA program will, in the long run, make the decision worthwhile. We again congratulate those who have earned the CFM and assure them of our continuing support." said John Brausch, chair, ICMA Board of Regents, CMA/CFM.
Those who are currently CMAs and those who are currently enrolled in the CFM program, will continue to have the opportunity to take the CFM examination until December 31, 2007. New enrollees who are not yet CMAs will be accepted into the CFM program until December 31, 2006 and will also have until the end of 2007 to take the CFM examination.
Read Frequently Asked Questions (.pdf) about these changes here.
Posted by mazoo at 11:35 PM | Comments (1)