London, UK – July 10, 2023 - Financial Modeling Institute (FMI), the only financial modeling accreditation body in the world, serving candidates in over 50 countries, announced today its collaboration with The Institute of Chartered Accountant in England and Wales (ICAEW) based in London. FMI’s new partnership with ICAEW, the prestigious global professional membership body for chartered accountants with more than 200,000 members worldwide, highlights both organizations’ commitment to provide the most relevant accreditations in the field.
ICAEW members will have access to FMI’s Advanced Financial Modeler (AFM) accreditation, allowing them to differentiate themselves by demonstrating that they have the financial modeling skills most valued by employers and clients worldwide. ICAEW’s membership spans 10 countries: the UK, Australia, Canada, China (including Hong Kong SAR), Cyprus, Malaysia, Singapore, Switzerland, UAE, and the US. FMI is recognized globally for providing the most respected accreditations in financial modeling.
“Financial modeling is of paramount importance for accountants, and our new partnership with FMI will provide our members with the ability to validate their skills and add value to any company,” said Ian Pay, Head of Data Analytics and Tech at ICAEW. “FMI sets the standard in financial modeling globally with its world-class accreditations that are unlike any other finance qualifications. By testing candidates on their ability to elegantly structure and efficiently build a best-in-class financial model, chartered accountants who obtain the AFM accreditation can add more value to their clients.”
“ICAEW is a distinguished global professional membership and we are honoured to be able to provide a new accreditation that allows members to significantly advance their careers,” said Ian Schnoor, Executive Director of FMI. “All of the top 100 global brands employ ICAEW Chartered Accountants. Our Advanced Financial Modeler (AFM) accreditation validates a candidate’s ability to design and create a three-statement model of a company that adheres to industry best practices. Together FMI and ICAEW can make a positive difference in global accounting practices.”
ICAEW members interested in obtaining FMI’s AFM accreditation can find more information and enroll at icaew.com.
Chartered accountants are talented, ethical, and committed professionals. ICAEW represents more than 202,450 members and students around the world.
Founded in 1880, ICAEW has a long history of serving the public interest and we continue to work with governments, regulators, and business leaders globally. And, as a world-leading improvement regulator, we supervise and monitor around 12,000 firms, holding them, and all ICAEW members and students, to the highest standards of professional competency and conduct.
We promote inclusivity, diversity and fairness and we give talented professionals the skills and values they need to build resilient businesses, economies and societies, while ensuring our planet's resources are managed sustainably.
ICAEW is the first major professional body to be carbon neutral, demonstrating our commitment to tackle climate change and supporting UN Sustainable Development Goal 13.
ICAEW is a founding member of Chartered Accountants Worldwide (CAW), a global family that connects over 1.8m chartered accountants and students in more than 190 countries. Together, we support, develop, and promote the role of chartered accountants as trusted business leaders, difference makers and advisers.
We believe that chartered accountancy can be a force for positive change. By sharing our insight, expertise and understanding we can help to create sustainable economies and a better future for all. Visit https://www.icaew.com/ to learn more.
About Financial Modeling Institute (FMI)
FMI’s mission is to promote awareness, excellence, and discipline in financial modeling globally through its world-class accreditation programs. Through research and testing, FMI has developed exams that set the bar high with regards to modeling skills and validation. FMI provides exam resources to support candidates, and offers proctored, rigorous financial modeling exams.
FMI offers the Level 1 Advanced Financial Modeler (AFM) accreditation, the Level 2 Chartered Financial Modeler (CFM) accreditation, and the Level 3 Master Financial Modeler (MFM) accreditation. FMI also offers an introductory program to financial modeling called FMI Foundations. Learn more about Financial Modeling Institute at https://fminstitute.com/.