INTERNATIONAL BOARD OF STANDARDS AND ACCREDITATION COUNCIL
AAFM STANDARDS OF PRACTICE HANDBOOK
Welcome – AAFM Handbook ©
Global Release:
10th Edition
AAFM Board of Standards USA Global Handbook and Web Content © Version 1.6 (2009-10 Edition)
American Academy of Financial Management
United States of America – New York – LA – San Francisco
Middle East - Asia – India – Latin America – Africa - EU
1
,Next-generation professionals
Welcome from the CEO and Gen. Counsel of the Board of Standards
of the American Academy of Financial Management AAFM ™.
P
rofessional development is undergoing a revolution the world
over. We‟re learning through new methods of teaching pedagogy
and through very pragmatic development styles, that we can
distill key skills and new strategic thinking to professionals much
quicker than traditional methods assume. While some in the
business simply offer proprietary training, the AAFM was established
largely by graduate professionals and experts from the „real world‟ by
developing accreditation, graduate and certification standards.
Rather than create a broad, all encompassing financial designation such as those for „financial analysis‟
or „financial planning‟, the AAFM has taken a research based approach to our charter and certification
structures and created specialist designations for a wide range of careers in the finance sector and for
finance professionals in enterprise. Each designation is targeted at a specific skill-set required to
perform a role in the finance domain with world-class expertise. As such, AAFM approved
certification degree and training program and enrolment requirements ensures that each AAFM
professional maintains the highest standard of demonstrated capability in their area of proficiency.
Key advancements for AAFM have been made in the last 10 years. We have expanded our operations
globally with new offices in the EU, Middle-East, China, Latin America, Africa and throughout Asia.
Our Founding Parent Entity, The AAFM Board of Standards USA is based in the Americas, and
AAFM is still growing rapidly with increased disclosures, listings or recognition with top educational &
certification authorities such as: the US Department of Education, US Dept. of Labor, Capital Markets
Authorities, Ministries of Finance , United Nations Civil Society, and other international agencies.
Graduate applications for our MFP ™ core qualification are possible through more than 500 of the
world‟s leading government recognized business schools as a result of our mutual articulation
agreements with AACSB International and ACBSP Accreditation Agencies. Member growth is
accelerating with AAFM Members & Fellows in over 150 countries as of the time of printing. Our
fastest growing regions are China, the Middle-East, South Asia, and India at this time, with several
hundred members joining each month through our providers in New York, Cairo, Beijing, Singapore,
India, Hong Kong, UK, Africa, India, Mexico, and elsewhere. Corporate players like Reuters, UBS,
HSBC, Kaplan, BISYS, The TJSL Law School, Half of the top 10 banks in the world, INFORMA,
and others have been of great assistance in establishing a strong reputation as a key player in the
International sector. The 2003 opening of our Offices in Singapore is one of the steps we‟ve taken to
support this exciting demand in the EU, India, Asia, The Middle East region and beyond.
I welcome you to the AAFM. Each year you maintain your membership in the Academy, the value of
your certification and masters designations grows. However, the best way for our network to grow is
through word of mouth. Make sure you use your designation and the AAFM mark at every
opportunity. Be proud of your certification from the AAFM Board and Council, it makes you one of
the next-generation of global leaders.
Together we are truly “Building the world‟s future Leaders in Management ™”
Sincerely and Kindest Regards
Prof. George Mentz JD, MBA, CWM, CPM, CAM, CMA, MFP
International Board of Standards– Chair, General Counsel & CEO – Attorney at Law & Notary
2
, “Making good decisions is a crucial skill at every
level.”
– Professor Peter Drucker
3
AAFM STANDARDS OF PRACTICE HANDBOOK
Welcome – AAFM Handbook ©
Global Release:
10th Edition
AAFM Board of Standards USA Global Handbook and Web Content © Version 1.6 (2009-10 Edition)
American Academy of Financial Management
United States of America – New York – LA – San Francisco
Middle East - Asia – India – Latin America – Africa - EU
1
,Next-generation professionals
Welcome from the CEO and Gen. Counsel of the Board of Standards
of the American Academy of Financial Management AAFM ™.
P
rofessional development is undergoing a revolution the world
over. We‟re learning through new methods of teaching pedagogy
and through very pragmatic development styles, that we can
distill key skills and new strategic thinking to professionals much
quicker than traditional methods assume. While some in the
business simply offer proprietary training, the AAFM was established
largely by graduate professionals and experts from the „real world‟ by
developing accreditation, graduate and certification standards.
Rather than create a broad, all encompassing financial designation such as those for „financial analysis‟
or „financial planning‟, the AAFM has taken a research based approach to our charter and certification
structures and created specialist designations for a wide range of careers in the finance sector and for
finance professionals in enterprise. Each designation is targeted at a specific skill-set required to
perform a role in the finance domain with world-class expertise. As such, AAFM approved
certification degree and training program and enrolment requirements ensures that each AAFM
professional maintains the highest standard of demonstrated capability in their area of proficiency.
Key advancements for AAFM have been made in the last 10 years. We have expanded our operations
globally with new offices in the EU, Middle-East, China, Latin America, Africa and throughout Asia.
Our Founding Parent Entity, The AAFM Board of Standards USA is based in the Americas, and
AAFM is still growing rapidly with increased disclosures, listings or recognition with top educational &
certification authorities such as: the US Department of Education, US Dept. of Labor, Capital Markets
Authorities, Ministries of Finance , United Nations Civil Society, and other international agencies.
Graduate applications for our MFP ™ core qualification are possible through more than 500 of the
world‟s leading government recognized business schools as a result of our mutual articulation
agreements with AACSB International and ACBSP Accreditation Agencies. Member growth is
accelerating with AAFM Members & Fellows in over 150 countries as of the time of printing. Our
fastest growing regions are China, the Middle-East, South Asia, and India at this time, with several
hundred members joining each month through our providers in New York, Cairo, Beijing, Singapore,
India, Hong Kong, UK, Africa, India, Mexico, and elsewhere. Corporate players like Reuters, UBS,
HSBC, Kaplan, BISYS, The TJSL Law School, Half of the top 10 banks in the world, INFORMA,
and others have been of great assistance in establishing a strong reputation as a key player in the
International sector. The 2003 opening of our Offices in Singapore is one of the steps we‟ve taken to
support this exciting demand in the EU, India, Asia, The Middle East region and beyond.
I welcome you to the AAFM. Each year you maintain your membership in the Academy, the value of
your certification and masters designations grows. However, the best way for our network to grow is
through word of mouth. Make sure you use your designation and the AAFM mark at every
opportunity. Be proud of your certification from the AAFM Board and Council, it makes you one of
the next-generation of global leaders.
Together we are truly “Building the world‟s future Leaders in Management ™”
Sincerely and Kindest Regards
Prof. George Mentz JD, MBA, CWM, CPM, CAM, CMA, MFP
International Board of Standards– Chair, General Counsel & CEO – Attorney at Law & Notary
2
, “Making good decisions is a crucial skill at every
level.”
– Professor Peter Drucker
3
