Frequently Asked Questions
What type of organization is CFMA?
Founded in 1981, the Construction Financial Management Association (CFMA) is the only organization dedicated to providing construction financial professionals with unparalleled career development and networking opportunities. Along with publishing the award-winning CFMA Building Profits, CFMA offers educational, professional, and connection programs to more than 7,500 members throughout its more than 90 chapters, Annual Conference, and online learning.
What types of membership does CFMA offer?
CFMA is an individual membership organization; company memberships are not available. Unlike a trade association, CFMA membership is held by the individual (even if an individual’s company pays the dues). CFMA has two primary membership categories: General and Associate. General members are employed in the construction industry– such as general contractors, subcontractors, and engineers – in a financial capacity. Associate members serve the construction industry, such as accountants with a construction practice, bankers, lawyers, surety brokers, insurance agents, and software vendors. CFMA also offers international, educator, transitional, and student memberships.
What are the benefits of being a CFMA member?
CFMA is the premier organization for networking and education opportunities for construction financial professionals. More than 90% of CFMA members affiliate with a local chapter to take advantage of the tremendous networking and problem-solving capabilities. Members receive the award winning bi-monthly magazine – CFMA Building Profits, the only magazine covering construction financial management from the ground up and the inside out. CFMA’s Connection Café is the members-only social network where subscribers can post questions and challenges and connect with peers on industry and business trends, information, and innovation. CFMA members also have access to free monthly e-newsletters and CPE-granting Webinars.
How do I become a member of CFMA and what does it cost?
Joining CFMA is easy. You can simply download the application PDF and either mail/scan the completed form, along with payment, to our Princeton, NJ headquarters or you can join online and submit membership dues with a credit card. Member dues are mandatory; however, while strongly encouraged, chapter affiliation is not required.
Annual membership runs from April 1- March 31. General member dues are $340 and Associate member dues are $440. Local chapter dues vary by chapter independent of CFMA HQ. A complete directory of CFMA’s chapters and information on any applicable associated chapter dues is available here.
What are prorated dues and how do they apply?
Prorated dues are effective from April 16 to September 15. Any new member joining during this time will pay prorated dues through March 31 of the following year. Here’s a sample of how prorated dues work.
How do I get information on members of CFMA?
CFMA takes the privacy of our members’ contact and demographic information very seriously. CFMA does not sell its member list. Distribution of member data is strictly limited under certain circumstances. The CFMA online member directory is available to all current members; however, members must activate the option to display their contact information in their profile for other members to view.
What exactly is a CFMA chapter and how does the chapter relate back to CFMA HQ?
CFMA chapters meet locally, allowing members to get the added benefits of local networking and education. Each chapter is unique in the structure and content of its meetings. All members of CFMA chapters must also be members of CFMA. Find a CFMA chapter near you!
PRODUCTS & SERVICES
What is Digitell and how do I utilize it to register for online education programs?
Digitell hosts CFMA’s online educational content and CPE access for all registered users. Once you have an account created on CFMA’s Education Online website, you can sign up for webinars and online courses, access all of your previous content, and complete webinar and online course evaluations to receive CPE credits.
Does CFMA award CPE credits for online educational programs? What are the requirements to receive credit and how do I access my CPE certificate after attending a program?
Yes, CFMA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education, and is licensed to provide CPE credits for group-live and group-internet based programs.
To receive CPE credits for attending a webinar or online course, participants must log in to the program within 15 minutes of the start of the presentation and respond to a series of alertness checks at different intervals throughout the broadcast. Participants who do not meet the alertness requirement will not be able to take an evaluation survey or receive CPE credits.
Participants complete the online evaluation survey through CFMA’s Education Online website. Log on with your CFMA username and password and click My Account. Locate the title of the session and click Access, then Evaluations, to take the survey and print your CPE certificate. CPE certificates are only awarded for attending live online events and are not provided for viewing on demand programs.
How do I get more information about CFMA’s Annual Conference?
More information about CFMA’s Annual Conference & Exhibition is available at www.cfma.org/conference, or by contacting Meeting Services at 609-452-8000 (option 2), or email@example.com.
What is Spring Creek and who attends?
CFMA at Spring Creek is a three-and-a-half day annual retreat designed for leaders from CFMA chapters who want to excel in the workplace, improve their work-life balance, and become successful chapter presidents. The focus of Spring Creek is personal development, professional development, and development within CFMA with an emphasis on building effective teams, leading through fun, and learning proven leadership models.
How do I learn more about the IT Survey?
Since 2013, CFMA has partnered with JBKnowledge in its Construction Technology Report. Powered by JBKnowledge and in partnership with CFMA, Texas A&M University Department of Construction Science, and HCSS construction software, the Construction Technology Report provides valuable insight into the technology tools, trends, and strategies of how fellow builders are using cloud, mobile, drone and wearable technology; allocating resources for adopting new technology; and integrating processes through technology solutions.
What is BP Online and how do I access it?
CFMA BP Online is the digital replica of CFMA Building Profits – CFMA’s bimonthly magazine. Once logged in to www.cfma.org you can access BP Online from the Publications & Resources tab or go to www.cfma.org/bponline. Click on the magazine cover to read, search, and share articles published since 2007.
What is CONFINDEX and how will it help me gain insight into the industry?
Compiled from four sub-indices measuring critical components of the financial health of a commercial construction company, CONFINDEX is CFMA’s quarterly confidence index survey of construction company CFOs.
What is the Connection Café and how do I get involved?
CFMA’s members-only social network is where members can connect with their peers on industry information, innovation, and business trends.
How do I learn more about the Financial Survey and Benchmarker products?
CFMA’s Financial Survey and Benchmarker resources include information on the Benchmarker, the Financial Survey Online Questionnaire, financial benchmarking products and pricing, and free industry insights.
How do I learn more about the Financial Management and Accounting for the Construction Industry publication?
Financial Management and Accounting for the Construction Industry desk reference book (“The Book”) contains the answers to the highly specialized, construction industry accounting challenges construction financial managers face every day. Available in both hard copy and e-book formats, “The Book” is the ultimate reference source and the only publication of its kind. Click here for more information on “The Book,” including the table of contents and selected free content.
What is the Career Center and what is the pricing structure for listing a job there?
CFMA’s Career Center is the premier electronic recruitment resource for the industry where employers and recruiters can access the most qualified talent pool. Pricing for posting a job is as follows:
CFMA MEMBER PRICE
One 30-day job posting
Three 30-day job postings
Five 30-day job postings
Ten 30-day job postings
What are the Cost-Savings Programs?
CFMA has an affinity partnership with various companies that offer members discounts on products and services. Connect with these CFMA partners for effective, innovative ways to save money and immediately experience the benefit of CFMA membership.
CFMA USER ACCOUNT HELP
I think I already have a user account but I have forgot my user ID and/or password. How do I recover this information?
You can use the Forgot Password page to recover your login information. If you believe you have a user account and the system is not recovering your login information, then contact us at firstname.lastname@example.org for further assistance.
How do I update my profile and change my contact information?
Your profile and contact information can be updated with the Update My Account link after logging in to www.cfma.org.
Do I have to create a user account to purchase an item from your store?
Yes, a user account is required to track and verify orders. You can create a web account here if you don’t already have an account. If you believe you have a user account but have forgotten your credentials, use the Forgot Password page to recover your login information.
CHAPTER ADMINISTRATOR SERVICES
I am a chapter administrator. How do I access my chapter list reports and chapter remittance reports?
Chapter administrators can access their chapter list reports and chapter remittance reports through the Admin Tools menu of www.cfma.org after logging in. Both reports can be generated in HTML or Excel formats, and the chapter remittance report can be exported utilizing a date range.
I am a chapter administrator and need some assistance with my website or events. Who can I reach out to for help?
Contact Billy Maceus or Chris Mitchell at CFMA HQ to schedule a training session on administering your chapter website.
ICCIFP & CCIFP
What is the difference between ICCIFP and CCIFP?
The Certified Construction Industry Financial Professional (CCIFP®) designation is the only certification for construction financial professionals and is accredited by the American National Standards Institute (ANSI) under ISO 17024:2012. The Institute for Certified Construction Industry Financial Professionals (ICCIFP) provides the construction industry with a third-party verification of an individual’s knowledge, which is essential to ethical financial management in today’s complex construction industry.
What is the CCIFP certification and what benefits does it provide?
Established in 2003, and today with more than 900 active CCIFPs nationwide, the CCIFP credential is the only standard to recognize that a financial manager truly knows the business of construction. Certification affords you a competitive edge over your peers by demonstrating your commitment to your profession and the construction industry as a whole.
The CCIFP designation is endorsed by such industry-leading organizations as ASA, CFMA, CICPAC, IRMI, NASBP, and others.
How do I register for a CCIFP exam?
Apply here to submit your online examination application.