About IABFM

Latest Press Releases

Press Releases issued by the Academy, by members and partners in 2008-2009 appear below.

Press Releases generally approved for release on the association websites include:

• News about the membership
• Announcement of events for members and candidates
• News about our members in the press where IABFM™ is mentioned
• Formal announcements
• Tie ups or collaboration with other associations or government bodies
• Changes to the board governance structure

If you have a press-release you would like displayed on the member's website, please submit to [email protected].

It is the Quality of the Certification that Counts

January 10, 2018

The International Academy of Business and Financial Management (IABFM) has been operating for close on 15 years internationally and for 7 years in Africa.  One of the key drivers of the IABFM success has been, in addition to the quality of its faculty, the quality of the content of its programs.  This quality has been strictly regulated through a number of processes.  These processes include:

·         Having programs developed by seasoned trainers who are specialists in their fields with many years experience in their subject area

·         Having qualified trainers who hold doctorates and masters degrees

·         Developing cutting edge programs, some with supporting software platforms, which coach delegates in the latest and future required techniques by providing them with the right tools to achieve them

·         Having the subjects reviewed by subject matters experts (SMEs) consisting of specialist trainers, industry experts and academics who sign off that the content of programs meets their demanding requirements for certification.

·         Leading to an external review by a number of independent bodies, such as CPD (UK), that attest to the quality and content of the IABFM programs.

It is only after this extremely rigorous assessment process that an IABFM program can be referred to as “Certified”.

In the past few weeks we have observed one organisation selling training programs in Africa that is branding them as being “certified” by a particular US “global body”.  However, this same “certifying body” sells exactly the same certificates over the Internet for a payment of $300.  International banks are being fined billions of dollars for non-compliance, particularly in relation to money laundering.  Is it possible that your compliance officer’s sole claim to compliance expertise is based entirely on their “ability” to make a payment of $300 over the Internet?  In risk management terms if the certification cannot be relied on then it represents a major risk to your organization that may, have disastrous implications for the organisation and the senior management.

These “certificate” mills have existed for many years in the US and it is unfortunate to now see them emerging in the African markets as it raises questions about whether the company’s promoting this type of “certification” bothered to undertake any due diligence of its providers.

The IABFM markets its programs through its African branches in Johannesburg and Nairobi and warrants that its pursuit of excellence in certified training will not be compromised EVER.

Press Release Archive