IT Financial Management Association

Official Site and Leading Educator of the IT Financial Management Profession

ITFMA Certificate Program

The Education Certificate Program certifies completion of an extensive curriculum in IT financial management only available by attending ITFMA conferences and workshops. Certification credit is not available online or through any other sources.

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 through the form on this page. 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. 
IT Asset Management Certificate
IT Chargeback and Activity Based Cost Certificate
IT Financial Planning, Budgeting & Reporting Certificate
IT Financial Management Best Practices Certificate
ITIL Financial Management Certificate
IT Performance Management and Benchmarking Certificate
Government IT Financial Management Certificate
Telecommunication Financial Management Certificate

* Required

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 offers a variety of ten (10) certificates. One class hour is earned for each 45-50 minute session attended at ITFMA conferences and workshops. Advanced certificates are awarded for each additional 60 class hours.The two basic certificates are:

  • IT Financial Management Controllership (FMC) Certificate requiring 60 class hours in 30 or more subjects. The FMC certificate recognizes a breadth of education.
  • IT Financial Management Accounting (FMA) Certificate requiring 60 class hours in 15 or more subjects. The FMA certificate recognizes a more focused depth of education.

Those seeking certification in areas of IT financial management specialization also may apply for any of these eight specialized certificates:

  • IT Asset Management Certificate (AM)
  • IT Chargeback and Activity Based Cost Certificate (CABC)
  • IT Financial Planning, Budgeting & Reporting Certificate (FPBR)
  • IT Financial Management Best Practices Certificate (FMBP)
  • ITIL Financial Management Certificate (ITIL)
  • IT Performance Management and Benchmarking Certificate (PMB)
  • Government IT Financial Management Certificate (GFM)
  • Telecommunication Financial Management Certificate (TFM)

Candidates enrolled in these eight 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 eight 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.