ITFMA Certificate Program

The Education Certificate Program certifies completion of an extensive curriculum in IT financial management at ITFMA conferences and seminars. ITFMA programs also qualify for continuing education credit for the CPA, CMA, CIA, CISA and other certifications. ITFMA is registered with the National Association of State Boards of Accountancy as a sponsor of continuing education on the National Registry of CPE.

The Certificate Program is offered at no cost to members and nonmembers. Candidates may enroll by submitting a Certificate Program Application. Certificates are awarded to those who complete an extensive, prescribed education curriculum in IT financial management. The curriculum consists of 155 subject categories which cover the principles, practices, and procedures of financial planning, controlling, pricing, evaluating, and decision making for information technology and telecommunication organizations. This is a partial list of the curriculum's 155 subject categories:

Accounting Policies and Procedures	Design and Implementation	Outsourced Environment Application
Accounts Payable and Receivable	Differential Costing and Pricing	Outsourcing Agreement and Procedures
Activity Based Cost Mgmt. Overview	EUC Management Accounting	Peer Discussion
Activity Costing and Pricing	Financial Issues	Performance Management/Benchmarking
Asset Acquisition/Procurement	Financial Management Software	Performance Management Overview
Asset Administration	Financial Management Topics	Personnel Performance
Asset Auditing and Tracking	Financial Performance	Policies and Procedures
Asset Installation	Financial Reporting	Product Costing and Pricing
Asset Management Overview	Financial/Strategic Planning	Programmer Financial Controls
Asset Maturity Model	Guidelines and Procedures	Programmer Management Accounting
Asset Planning	Hardware and Software Performance	Programmer Performance/Productivity
Asset Portfolio Management	Hardware Asset Management	Programmer/Syst. Suppt. Application
Asset Recycling and Disposal	Human Asset Management	Resource Costing and Pricing
Asset Warranty and Maintenance	Industry-Specific Application	Risk Analysis
Auditing	Installs, Moves, Adds and Changes	Service Level Agreement
Benchmarking Issues	Inventory Control	Service Level Issues
Benchmarking Overview	Investment Performance	Service Level Management
Best Practices	IT Organization Issues	Shared Services Application
Billing and Management Reporting	Journal Article Authorship	Software Asset Management
Capacity Planning	Justification and Evaluation	Software Development Agreement
Capital Budgeting	Lease Management	Software Licensing
Case Study	Leasing Issues	Software/Service Demonstration
Centralized Environment Application	Legal Aspects of Asset Management	Special Asset Management Issues
Change Management	Management Reporting	Special Benchmarking Issues
Chargeback Overview	Market/Peer Analysis	Special Chargeback and ABC Issues
Client Communication/Education	Merger, Acquisition and Divestiture	Special Performance Management Issues
Client/Customer Issues	Metrics and Measurements	System Design and Implementation
Conference/Seminar Presentation	Network Financial Controls	System Evaluation and Justification
Contract and Agreement Content	Network Management Accounting	Telecom Carrier Issues
Contract Management	Network Performance/Productivity	Telecom Environment Application
Contract Negotiation	Operations and Process Performance	Tools and Techniques
Cost Allocation Approaches	Operations Financial Controls	Value of Information Technology
Cost for Planning	Operations Management Accounting	Vendor and Procedure Comparisons
Data Acquisition and Capture	Operations Performance/Productivity	Vendor and Supply Chain Management
Data Normalization & Comparability	Organizational Issues	Vendor Strategies and Pricing

ITFMA currently offers nine types of certificates. The IT Financial Management Controllership (FMC) Certificate requires 60 class hours in 30 or more subjects. The IT Financial Management Accounting (FMA) Certificate requires 60 class hours in 15 or more subjects. One class hour is earned for each 45-50 minute session attended at ITFMA programs. The FMC certificate recognizes a breadth of education in IT financial management while the FMA certificate recognizes a more focused depth of education. Advanced certificates are awarded for each additional 60 class hours. 

Those seeking certification in areas of IT financial management specialization also may apply for any of these seven specialized certificates: IT Asset Management Certificate (AM), IT Chargeback and Activity Based Cost Certificate (CABC), IT Financial Planning, Budgeting & Reporting Certificate (FPBR), ITIL Financial Management Certificate (ITIL), IT Performance Management and Benchmarking Certificate (PMB), Government IT Financial Management Certificate (GFM) and Telecommunication Financial Management Certificate (TFM). Candidates enrolled in these seven specialized certificate programs must apply for an FMC or FMA certificate in order for all their hours of attendance to be applied toward a certificate program. These seven certificates require 60 class hours in topics related to the chosen area of specialization. Each class hour can only be applied to one of the nine certificates. Those class hours that do not qualify for a specialized certificate will be applied toward the candidate's FMC or FMA certificate. Credit for hours earned prior to enrollment in the specialized certificate program do not qualify for these certificates. Likewise, ITFMA programs attended prior to enrollment in the Certificate Program do not qualify toward earning a certificate.