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The Certified In Financial Management (CFM)
Program has been designed to recognize the unique qualifications and expertise of
those professionals engaged in financial management. The CFM designation is intended
to provide distinction in today's economic climate and affords the opportunity to
certify your proficiency in the business areas that are critical to the
decision-making
process and the field of financial management.
 There
are four objectives of the CFM program:
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To
establish financial management as a recognized profession by identifying the role
of financial management in the decision- making process, the underlying body of
knowledge, and a course of study by which such knowledge is acquired;
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To
encourage higher educational standards in the financial management field;
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To
establish an objective measure of an individual's knowledge and competence in the
field of financial management; and
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To
encourage continued professional development by those engaged in financial
management.
The Certified In Financial Management
designation is granted only by the ICMA. Candidates must meet the following criteria
to become a CFM: file an application for Admission with the ICMA and register for the
CFM examination, be a member of the Institute of Management Accountants (IMA), pass
all four parts of the CFM examination within a three-year period, satisfy the
CFM experience requirement, comply with the Standards of Ethical Conduct. Once the
Certificate is earned, the CFM must meet the following to retain the Certificate in
good standing: satisfy the continuing education requirement, comply with the Standards
of Ethical Conduct, and maintain membership in the IMA.
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