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About CFMA Founded in 1981 More than 8,200 members in 98 chapters in the U.S. and Canada Individual member association (not a trade association) Share.

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Presentation on theme: "About CFMA Founded in 1981 More than 8,200 members in 98 chapters in the U.S. and Canada Individual member association (not a trade association) Share."— Presentation transcript:

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2 About CFMA Founded in 1981 More than 8,200 members in 98 chapters in the U.S. and Canada Individual member association (not a trade association) Share knowledge with and network among those related to the financial side of construction

3 About CFMA General Members represent all types of contractors, including generals and subcontractors as well as developers, construction managers, architects, engineers, principals, and material and equipment suppliers. Associate Members are those serving the construction industry, such as accountants, surety agents, bankers, lawyers, and IT specialists 37% Associate Members 63% General Members

4 Strategic Plan MEMBER VALUE Members will regard CFMA as the essential construction financial resource, and CFMs will be viewed as leaders in the construction financial industry and an indispensable part of their companies’ leadership teams. CHAPTER RELATIONS CFMA chapters will be vibrant, growing, and viewed by stakeholders as the best local educational and networking resource for construction financial professionals. COMPANIES Companies will recognize the significant value of CFMA education and engagement as an essential investment in their success. EXTERNAL RELATIONS CFMA will be the recognized authority in advancing sound financial and accounting practices in the construction industry and the leading resource for education and financial information.

5 Designed specifically for those new to construction finance or having up to three years of industry experience Online modules cover percentage of completion/income recognition, work-in-progress (WIP), cash management, contracts/subcontracts, risk management/surety, and project management

6 Visit conference.cfma.org to register or for more details.

7 CFMA’s award-winning, bimonthly magazine covers topics unique to construction financial professionals. Archived issues and articles are also available through CFMA BP Online, the online version of the magazine.

8 Revenue Recognition Implementation Guide
Prepare for changes related to the fast-approaching implementation deadline for Accounting Standards Update (ASU) No , Revenue from Contracts with Customers (Topic 606) Step-by-step guidance on the questions and issues for your implementation task force to consider Available in PDF format Visit the CFMA store at to purchase the guide.

9 Construction Financial Manger’s Guide to State Tax Laws
Unique tax laws and codes insight with information covering qualification/registration, licenses, net worth, local sales and use, employment, property, intangibles, and gross receipts Available in PDF format for individual states and a complete guide to all 50 states Order at

10 Includes industry leading data with aggregated financials of nearly 1,500 participants
Delivers more than 20 key financial measurements to evaluate a company’s performance and compare it to other companies – specific to industry segment, revenue, and region Generates comparative charts and graphs for high-powered presentations Visit for more information

11 CFMA’s members-only social network at
cafe.cfma.org connects you with your peers on industry information, innovation, and business trends

12 Visit http://www.cfma.org/membership/joinonline.cfm to join today!

13 Additional information can be found at http://www.cfma.org/membership/
Peer Groups 185 peer group members in 19 groups Open to all General Members Groups of 8-10 with similar roles Non-competing companies Meet in person at least once a year Applications accepted through February 15 Additional information can be found at

14 STAR Program Support Training And Resources for Your Chapter
$3,000 annual (April 1 - March 31) subsidy available to each chapter to be used for: Chapter administrator Chapter marketing expenses CFMA Speaker Program and CFMA educational programs Chapter education expenses Chapter strategic planning expenses Visit cfma.org/chapter/STAR for details.

15 Additional information can be found at http://www.cfma.org/chapter/
CFMA at Spring Creek CFMA at Spring Creek is a three-and-a-half day retreat held each October in Carefree, AZ. This retreat will focus on Personal Development, Professional Development and CFMA Development and is designed for individuals who want to become outstanding leaders. Additional information can be found at

16 Principal Partners Educational Partner

17 Construction Industry Alliance for Suicide Prevention (Alliance)
CFMA has established the Construction Industry Alliance for Suicide Prevention with the goal of providing and disseminating information and resources for suicide prevention and mental health promotion in construction. Through the information and resources CFMA has compiled, the Alliance looks to help those in the construction industry create awareness of the problem, cultivate a culture of caring, and start the conversation in the workplace.

18 Certified Construction Industry Financial Professional (CCIFP)
The only construction financial management certification accredited by the American National Standards Institute (ANSI) under ISO 17024:2012 4.5 hour certification exam, taken through on-demand computer-based testing, consists of 200 multiple choice questions covering eight knowledge domains Visit for eligibility information, online exam application, and exam preparation information

19 Cost-Savings Programs
Connect with these CFMA partners for effective, innovative ways to save money and immediately experience the benefit of CFMA membership.


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