ITFMA - Information Technology Financial Management Assn

The IT Financial Management profession was founded when the IT Financial Management Association (ITFMA) was established in 1988. For the first time, there was a source of relevant literature, extensive educational programs, and a network of financial specialists to address IT financial management. ITFMA is the only association dedicated to standardizing the principles and practices related to the financial disciplines and tools used to financially manage Information Technology (IT) organizations. ITFMA is the national leader in the education of IT financial management professionals and the only provider of certification in the various financial disciplines of IT financial management. Our "Journal of IT Financial Management" is the only magazine devoted to this field and this website is the only site focused on education, research and publications in this field.

Upcoming Events

To celebrate ITFMA's 22nd anniversary, two outstanding locations have been chosen as the sites for our 2009 programs. Both hotels are National Historic Landmarks with museum quality architecture and furnishings. ITFMA's World of IT Financial Management® Conferences is at the Historic Georgian Terrace Hotel in Atlanta, GA on March 30-April 3, 2009 and offers these four concurrently held conferences:

• IT Financial Management for Controllers and CFOs Conference
• IT Asset Management Conference
• Government IT Financial Management Conference
• IT Performance Management & Benchmarking Conference

ITFMA's Financial World of Information Technology® Conferences is at the Historic Francis Marion Hotel in Charleston, SC on July 13-17, 2009 and offers these four concurrently held conferences:

• IT Chargeback & Activity Based Cost Management Conference
• IT Expense & Asset Management Conference
• ITIL Financial Management Conference
• IT Telecommunication Financial Management Conference

Georgian Terrace Hotel, Atlanta

Georgian Terrace Hotel

Francis Marion Hotel, Charleston

Francis Marion Hotel

What's New

Georgian Terrace Hotel: March 2009 Conference Site. The Historic Georgian Terrace Hotel, an all-suite luxury hotel, is a National Historic Landmark located in the heart of Midtown's Arts & Entertainment District and at the intersection of the city's two most famous streets, Peachtree Street and Ponce de Leon Avenue. The historic 9-story building was built in 1911 and the newer 19-story wing in 1991. The hotel is most famous for hosting the 1939 gala reception for the world-premier showing of Gone With the Wind which was held in the palatial Grand Ballroom, one of the extraordinary rooms to be used for the March 30-April 3 conference meetings.

Midtown brings art and culture together by featuring the largest concentration of cultural venues in the region. From live theatrical performances to world-class attractions. The area is home to trendy night spots, high-fashion shopping, more than 60 unique restaurants ranging from pubs to fine dining and lush parks that are woven throughout historic neighborhoods. Eclectic boutiques, gift stores, and national, brand-name stores makeup the "Midtown Mile" along Peachtree Street. These are some of the nearby attractions:

Fox Theatre – 1929 Moorish/Egyptian/Art Deco fantasy Historic Landmark hosts live performances & tours

World of Coca-Cola – history of Coca-Cola with 1,200 artifacts; taste 70 samples of Coke® products

CNN – peek behind the scenes of the studios & newsrooms to get an up-close look at news in the making

Underground Atlanta – 6 blocks & 3-stories underground of food, nightspots, street-carts, street performers

High Museum of Art – Southeast's largest art museum with Louvre Museum works on display through 2009

Margaret Mitchell House – 2-block site where Gone With the Wind was written & movie museum

Zoo Atlanta – giant panda cubs, gorillas, orangutans, lions, elephants, birds & more in natural habitats

Cyclorama– Civil War Museum features a revolving theatre to dramatize the 1864 Battle of Atlanta

Lenox Square Mall – Over 300 shops to shop 'til you drop at some of the best shopping in the Southeast

Turner Baseball Field – Braves Museum & Hall of Fame including Aaron's 715th home run bat & ball

Miami Circle – museum-quality antiques, estate jewelry, rare book galleries, and showrooms

Georgia Aquarium – world's largest aquarium with 100,000 fish/animals including the world's largest fish

Center for Puppetry Art – watch a giant puppet show, create a puppet, or tour the unique puppet museum

Martin Luther King Jr. Historical Site – 4 blocks with his birth home, grave, artifacts, film & visitors center

Fernbank Museum of Natural History – home to the world's largest dinosaurs, exhibits & hands-on activities

Jimmy Carter Presidential Library & Museum – Oval Office replica, Nobel Peace Prize, State Gifts & more

Centennial Olympic Park – 1996 Olympics 21-acre park & the world's largest interactive Fountain of Rings

William Breman Jewish Heritage Museum – covers Atlanta's Jewish history (1845-present) & the Holocaust

Galleries of Peachtree Hills – 24 antique and art galleries in a five-building French style complex

National Museum of Patriotism – honors the American spirit by displaying the history of patriotism

Atlanta History Center – History Museum, 1845 Tullie Smith Farm, 1928 Swan House, and 33-acre gardens

14th Street Antiques Market – 50,000 square feet of shopping for antiques and collectibles

Ambassador Force – age 60+ cyclists providing information/assistance to tourists and conventioneers

Francis Marion Hotel: July 2009 Conference Site. Named for Revolutionary War hero Francis Marion, the "Swamp Fox," and opened in 1924, the National Historic Landmark Francis Marion Hotel offers spectacular views of Charleston's revolutionary-era church steeples, antebellum mansions and famous harbor. Located downtown in the heart of the historic district on Marion Square, the magnificent gardens, house museums, antique shops, local boutiques, restaurants and nightlife that make Charleston unique, are all an easy walk from the hotel which is known as Charleston's "Grand Hotel".

Charleston's Museum Mile features the richest concentration of cultural sites open to visitors in downtown Charleston. Stroll the one-mile section of Meeting Street and you will discover six museums, five nationally important historic houses, four scenic parks, a Revolutionary War powder magazine, numerous houses of worship, and six historic public buildings including the Market and City Hall. Enjoy the Mile by foot or public transportation. CARTA bus passes include the DASH trolleys and allow you to get on and off as often as needed. These are some of the sites on the Mile (year established in parentheses):

Aiken-Rhett House (1818) - unaltered house, furnishings, slaves' quarters, stable, coach house & privies

Charleston Museum (1773) - America's first museum showcases South Carolina's cultural & natural history

Joseph Manigault House (1803) - reveals lifestyle of a wealthy family and the slaves who lived there

Washington Light Infantry (1807) - one of America's oldest militia units featuring the Civil War to today

Confederate Museum (1841) - contains flags, uniforms, swords and other Confederate memorabilia

Powder Magazine (1713) - Carolina's oldest public building with a history of pioneers, pirates and patriots

Gibbes Museum of Art - Charleston's history through painting, miniature portraiture, sculpture, photographs

Old Slave Mart Museum - story of slave trade in Charleston & U.S. & of those whose lives changed forever

Children's Museum of the Lowcountry - hands-on interactive environment of children 3 months to 12 years

South Carolina Historical Society - books, manuscripts, plats & images from 1670; researchers welcomed

Heyward-Washington House (1772) - home of Thomas Heyward, signer of the Declaration of Independence

Nathaniel Russell House (1808) - evokes the lifestyle of the South's grandest antebellum townhouse

Old Exchange & Provost Dungeon (1771) - one of America's three most historic colonial public buildings

Edmondston-Alston House (1825) - where General Beauregard watched 1861 bombardment of Ft. Sumter

Trinity United Methodist Church - least altered of Charleston's late-Greek Revival church buildings

Kahal Kadosh Beth Elohim (1749) - 4th oldest Jewish congregation in U.S.; impressive Greek Revival style

St. Mary of the Annunciation (1791) - 1st Roman Catholic congregation in the Carolinas and Georgia

Circular Congregational Church (1681) - among oldest continuously worshipping Southeast congregations

French Huguenot Church (1687) - oldest continuously active Huguenot congregations in the U.S.

St. Michael's Church - one of America's most sophisticated colonial church buildings

First (Scots) Presbyterian Church - one of city's oldest ecclesiastical buildings; fifty 18th century gravestones

Visitor Center (1856) - restored railroad warehouse offers free city guides, maps, ticket services, information

Marion Square (1843) - home to Military College, Old Citadel building and Revolutionary War fortifications

County Courthouse (1753) - one of state's most important buildings; Capitol for colony of South Carolina

City Hall - second oldest City Hall in America and has a notable collection of paintings

Charleston recently was ranked as one of the top three travel destinations in the U.S. along with New York City and San Francisco. Other attractions in Charleston include:

Ghost & Graveyard Tour walking tour of famous individuals resting in Charleston's oldest graveyard

Haunted Jail Tour - tour Old City Jail that housed infamous criminals, pirates and Civil War prisoners

Ghost & Dungeon Tour walking tour with stories of ghosts, haunted houses, voodoo and superstitions

Fort Sumter - Civil War began when confederate troops fired upon the Union troops who refused to vacate

ITFMA 2007 Education Certificate Awards. ITFMA is proud to award the following individuals their FMA, FMC and AM certificates upon completion of their required educational curriculum in 2007. They join a select group of individuals who have earned the only recognized certification available to IT financial management professionals. We wish them continued success in all of their future endeavors and the pursuit of advanced certificates. As Carol Orlock said: "The more we know, the more we want to know; when we know enough, we know how much we don't know."

Ricky Churchman, Business Operations Senior Manager, Lockheed Martin Info. Tech.

2007 Corporate Membership Recognition. Much of the credit for ITFMA's success over the past 20 years has been due to the support provided by our corporate members. ITFMA extends a sincere "Thank you" to the following organizations for their corporate memberships in 2007, and we hope you will continue your invaluable support in the future.

Affinion Group	McDonald's Corporation *
A.G. Edwards Technology Group	National Institute of Health *
American Family Insurance *	NBC Universal
Anheuser-Busch Cos., Inc.*	QBE Regional Insurance
Assurant Group *	Raytheon Company *
Assurant, Inc.*	Southern Company Services *
Avotus Corporation	State Farm Insurance
Baker & McKenzie	State of Arizona
Branch Banking & Trust *	State of Kansas
Commerce Bank *	State of Nevada
Diebold, Inc.	State of North Carolina *
Fidelity Investments	State of Wyoming *
Foot Locker, Inc.	Swingtide, Inc.
GMAC	Temple University
Hartford Life	The Coca-Cola Company
Highmark, Inc.*	The Hartford *
Honda of America, Mfg., Inc.*	U.B.S. Warburg *
Innovapost, Inc.	U.S. Cellular Corporation
John Hancock Financial Services, Inc.	USAA*
Massachusetts Institute of Technology *	Virginia Information Technology Agency *
Liberty Mutual Insurance Group *	Wachovia Corporation

ITFMA Highlights

Conference Money Back Guarantee. You will not find another IT financial program in 2009 that beats ITFMA's conference value-to-price ratio. If you find another four or five day conference focused on the same IT financial disciplines with more renowned speakers, breadth and depth of material, number of presentations, networking opportunities, and for such reasonable registration fees in 2009, ITFMA will gladly refund your ITFMA conference registration fee.

Conference Features. These are some of the unique benefits from attending our 2009 conference programs:

• Week long 5-day IT financial management programs – only at ITFMA

• Four concurrent conferences for the price of one

• 100 to 115 hours of educational presentations

• 20 hours of peer networking at breakfasts, breaks, lunches, and cocktail receptions

• Receive handouts for all seminars and conferences held each day you are registered to attend so you can attend any of the 100 to 115 sessions of your choice

• 33 hours of continuing education for CPA, CMA, CIA, CISA & ITFMA certification

• Normally 90% of the speakers are financial and corporate executives and managers

• Presentations by all of the recipients of the ITFMA Decade of Contribution Award

• Many of the sessions address best practices and are presented by leading experts

• All full breakfasts and lunches are buffets to meet your individual dietary requirements and appetite

• Free Internet access at both hotels

• Drawings to win free passes to ITFMA 2010 conferences

• You will not find another IT financial program in 2009 that beats ITFMA's conference value-to-price ratio

Conference Discounts. ITFMA will be offering 20-40% discounts (up to $1,000) for early 2009 registrations in addition to their normal 10-20% group discounts for two or more registrants from the same organization. Speaking of the cost of education, Derek Bok said: "If you think education is expensive, try ignorance."

Free Conference Passes. By attending the last session at any ITFMA conference in 2009, you can win one of at least seven free passes to any of our 3-day conferences in 2010. The following lucky winners in the drawings at 2007 ITFMA conferences received a pass to any 2008 ITFMA conference of their choice:

• Michael Blake, First Data Corporation
• Christine Daniel, Industry Canada
• Louis Gruninger, Blue Cross Blue Shield of Florida (two time winner)
• Karsten Kleinpeter, QAD
• Stephen Mendel, Kraft Foods
• Claudia Powell, American Electric Power
• Louise Sparks, The Coca-Cola Company
• Patricia Wagner, County of Monterey
• Marsha Watkins, Ohio State University

This annual feature at ITFMA conferences is to reward those who see the value of attending the outstanding sessions typically scheduled on the last day of ITFMA conferences. Lucky attendees at each of the last sessions on the last day win a pass to attend the ITFMA program of their choice by having their 3-day conference registration fee waived – a minimum value of $1,300-$1,600. The pass is transferable to a colleague if the winner is not able to attend. Due to the popularity of the drawings, ITFMA will continued to issue free passes at every conference in the future.

Education Certification Program. ITFMA is the only organization to award certification for continuing education in the following areas of specialization through its Education Certification Program:
• Government IT Financial Management Certificate
• ITIL Financial Management Certificate
• IT Asset Management Certificate
• IT Chargeback and Activity Based Cost Management Certificate
• IT Financial Management Accounting Certificate
• IT Financial Management Controllership Certificate
• IT Performance Management and Benchmarking Certificate
• Telecommunication Financial Management Certificate

For more information, click on the "Certificate Program" button.

Available Books. ITFMA's four books published in 2004 are the latest publications addressing the wide variety of financial practices and procedures used in the financial management of IT organizations. The following books may be ordered by clicking on the "Order Books" button:

• Readings in IT Financial Management (360 pages)
• More Readings in IT Financial Management (342 pages)
• Chargeback and IT Cost Accounting (368 pages)
• Readings in Chargeback for Information Technology (404 pages)

Welcome to ITFMA

Upcoming Events

What's New

ITFMA Highlights