How long does this certification take?

The programme is 12 Weeks and can be completed at your own pace through our self-paced online option, or alongside live virtual sessions.

Is this certification globally recognised?

Yes. GLI certifications are internationally recognised and carry CPD credits, making them valuable for career advancement worldwide.

What level is this certification?

This is a Advanced Level certification, suitable for professionals with relevant experience or background in the field.

You can enrol by emailing info@certifications.ac, contacting us via WhatsApp at +254 722 223 084, or filling the enrolment form below.

Certified Advanced Financial Management Specialist in Madagascar

Executive Summary

Certified Advanced Financial Management Specialist

Designed for today’s high-impact professionals, the Certified Advanced Financial Management Specialist (CAFMS) delivers a rigorous Advanced-level curriculum that equips participants with the knowledge, tools and frameworks needed to excel in financial management, accounting, budgeting and financial analysis.

This 12 Weeks programme is structured around IFRS, GAAP and recognised financial management and reporting standards, ensuring every graduate applies internationally validated methods to real-world challenges.

GLI’s CAFMS holders are recognised by leading organisations across Africa, the Gulf, Europe and the Americas as qualified, results-driven professionals. Whether you are advancing your current career or transitioning into new responsibilities, this certification provides the competitive edge you need in 2026 and beyond.

Programme Overview

Certification at a Glance

Certification

Certified Advanced Financial Management Specialist

Acronym

CAFMS

Who Should Enrol?

Finance Officers and Accountants
Budget and Cost Analysts
Finance Managers and Controllers
Auditors and Financial Analysts

Programme Inclusions

Everything Included in Your Enrolment

All study materials and study guide
Access to GLI online learning portal
Online examination and assessment
Digital certificate and digital badge
Physical certificate (shipped to you)
CPD credits for professional bodies
GLI alumni network membership
Facilitator and tutor support
Resource downloads and reference library
Automatic enrolment confirmation

Certification Benefits

Why This Certification Matters for Your Career

Career Advancement

Accelerate your career towards senior finance, controller and CFO roles

Professional Recognition

Credential aligned with IFRS, GAAP and recognised financial management and reporting standards

Leadership Capability

Develop the strategic and operational skills to lead complex financial management functions

Organisational Impact

Design and implement financial management systems that drive performance and measurable results

Compliance Readiness

Master the standards, compliance and ethical governance central to financial management

Global Employability

Qualify for financial management roles across corporates, banks, NGOs and public-sector organisations worldwide

Competency Framework

Core Competencies You Will Develop

✦Financial Accounting, Reporting and Analysis

✦Budgeting, Planning and Cost Control

✦Corporate Finance, Investment and Valuation

✦Treasury, Working Capital and Cash Management

✦Financial Controls, Audit and Governance

✦Professional Ethics and Governance

Course Curriculum

Programme Modules

The full programme, module by module.

1

Foundations and Strategic Context of Certified Advanced Financial Management Specialist

Certified Advanced Financial Management Specialist: industry context, trends and professional standards · The role of finance in organisations and value creation · Financial, management and cost accounting distinguished · The finance operating model and business partnering

2

Finance Business Partnering and Decision Support

Accrual accounting and the profit-cash gap · Reading financial statements: ratios in context · Budgeting, budgetary control and rolling forecasts · Audit evidence, sampling and professional scepticism

3

Regulatory capital and ratios

Regulatory capital and ratios · Stress testing and scenarios · Islamic finance principles and contracts · Presenting financial information clearly

4

Stress testing and scenarios

Stress testing and scenarios · Islamic finance principles and contracts · Insurance underwriting, pricing and claims · Analytical techniques and bias

5

Islamic finance principles and contracts

Islamic finance principles and contracts · Insurance underwriting, pricing and claims · Wealth management, suitability and client advice · Benchmarking finance against best practice

6

Insurance underwriting, pricing and claims

Insurance underwriting, pricing and claims · Wealth management, suitability and client advice · Capital markets, fixed income and portfolio construction · Corporate income tax computation

7

Wealth management, suitability and client advice

Wealth management, suitability and client advice · Capital markets, fixed income and portfolio construction · Fintech, digital banking and crypto-assets · Investment of surplus funds

8

Communication and Influence

Investor relations and market communication · Business partnering and influencing · Presentation and public speaking · Assessment and feedback online

9

Change and Innovation

Measuring transformation impact · Foreign exchange and currency risk · Innovation and fintech partnerships · Process improvement and lean thinking

10

Data and Measurement

Process efficiency and cycle-time metrics · Data analytics and predictive finance · Cybersecurity and financial data protection · Audit evidence, sampling and testing

11

Financial Acumen

Board and executive financial reporting · Sustainability and responsible finance · Financial reporting standards (IFRS/GAAP) · Time value of money and discounting

12

Risk and Governance

Governance of controls and reporting · Statutory compliance and filings · Managing tax risk and audits · Payables, procurement controls and supplier fraud

13

Stakeholders and Partners

Board reporting and investor relations · Business partnering with the enterprise · Shareholder and stakeholder rights · Stakeholder mapping and analysis

14

Digital and Technology

Automation, RPA and the digital close · Digital tax administration · Digital service, self-service and automation limits · Attachment and developmental theory

15

Ethics and Integrity

Ethics in tax practice · Ethics, transparency and reputation · Professional ethics and codes (IFAC, ACCA, CIMA) · Ethics and transparency in tax

16

Self-Leadership

AI and personalisation in marketing · Portfolio of evidence and reflective practice · Communication and interpersonal skills · Digital and self-service transformation

17

People Administration

Performance management systems and cycles · NGO financial management and budget-versus-actual discipline · Capacity and performance management · The customer experience (CX) discipline

18

Customers and Markets

Short-term funding and money markets · Customer loyalty and repeat purchase in retail · Service quality and the passenger experience in transport · Telecom products, tariffs and customer lifecycles

19

Projects and Delivery

Audit programmes and fieldwork · Compliance and regulatory projects · Leading project governance · Scaling delivery capability

20

Inclusion and Culture

Access to finance, grants and investment · Peer support and consultation · Sustaining ethical, effective practice · Building a customer-centric culture

21

Legal and Policy

Regulatory reporting and disclosure · Contract performance and exit · Contract governance and compliance · Subcontractor and supplier management

22

Cross-Cultural Leadership

Transfer pricing and international tax · Global mobility and international employment · Cross-cultural communication · Managing virtual and cross-cultural teams

23

Suppliers and Partners

Supply markets and the enabling environment · Sustainable procurement principles and standards · Fair trade and responsible supply · Procurement and stock management for health commodities

24

Sustainability

Sustainability and responsible sourcing · Environmental, social and governance (ESG) · Sustainability reporting and disclosure · Mine water, tailings and environmental management

25

Public and Community Context

Community and lifelong learning · Public, private and non-profit governance · Public speaking and thought leadership · Corporate responsibility and community

26

Knowledge and Learning

Transfer pricing documentation · Learning in the flow of work · Embedding learning in performance · Sustaining a learning organisation

27

Leadership and Management

Cash flow forecasting and liquidity management · Receivables, payables and inventory management · Cash and liquidity management · Reporting quality and earnings management risks

28

People and Capability

Career pathways and professional development · Stakeholder mapping and engagement · Measuring development impact · Talent and capability ecosystems

29

Strategy and Direction

Risk, return and portfolio theory · Tax provisioning and reporting · Category management and strategy development · Sourcing strategies and portfolio (Kraljic)

30

Operations and Delivery

Recognition, accruals and earnings quality · Quality control and continuous improvement · Communication planning and management · Scheduling and planning tools

Every module opens in the learning portal with its full lesson set, worked examples, further reading and video masterclasses. 30 modules · 150 lessons.

Learning Outcomes

What You Will Achieve

Finance Business Partnering and Decision Support — applied to your own work
Regulatory capital and ratios — applied to your own work
Stress testing and scenarios — applied to your own work
Islamic finance principles and contracts — applied to your own work
Insurance underwriting, pricing and claims — applied to your own work
Wealth management, suitability and client advice — applied to your own work

Enrolment Process

How to Get Certified

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Step 1: Choose Your Certification

You are viewing Certified Advanced Financial Management Specialist — one of GLI's 1,990+ globally recognised professional certifications.

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Step 2: Enrol & Pay Online — Instantly

Click Enrol & Study Online to register and pay securely via Paystack, Visa, Mastercard, M-Pesa or bank transfer. Access is granted the moment payment is confirmed.

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Step 3: Study in the GLI Learning Portal

Work through 30 structured modules and 150 lessons at your own pace, with downloadable resources and expert-designed content — all inside the LMS.

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Step 4: Pass, Get Certified & Verified

Sit your final examination online, earn your certificate instantly, and receive a globally verifiable Certificate ID — plus GLI Alumni Network access.

🎓 Enrol & Study Online — Instant Access

Secure checkout · Instant LMS access · Globally verifiable certificate

Frequently Asked Questions

Common Questions

What is the CAFMS certification?

Yes. GLI certifications are recognised across 100+ countries and are aligned with IFRS, GAAP and recognised financial management and reporting standards. Graduates receive a digital certificate, a physical certificate and CPD credits recognised by employers worldwide.

Who should enrol in the CAFMS?

This certification is ideal for Finance Officers and Accountants, Budget and Cost Analysts, Finance Managers and Controllers and Auditors and Financial Analysts, and other professionals seeking to formalise their expertise in financial management, accounting, budgeting and financial analysis with a globally recognised credential.

How long does the CAFMS certification take to complete?

The programme is structured over 12 Weeks and offers flexible learning modes. Self-paced learners can progress at their own schedule, while live virtual participants follow a structured cohort schedule with facilitator-led sessions.

Is the CAFMS internationally recognised?

Yes. GLI certifications are recognised across 100+ countries and are aligned with IFRS, GAAP and recognised financial management and reporting standards. Graduates receive a digital certificate, a physical certificate and CPD credits recognised by employers worldwide.

What is the cost of the CAFMS certification?

The Certified Advanced Financial Management Specialist is offered in two formats: Self-Paced at USD 449 and Live Virtual at USD 649. Corporate group rates are available for organisations enrolling 5 or more participants. Contact GLI for a bespoke corporate training quotation.

What does the CAFMS certification include?

Enrolment includes all study materials and study guides, access to GLI's online learning portal, online examination, digital certificate and badge, physical certificate (posted), CPD credits, GLI alumni network membership, and ongoing facilitator support.

What is the assessment format for the CAFMS?

The Certified Advanced Financial Management Specialist is assessed through an online examination consisting of multiple-choice questions, case study analysis, and practical application assignments. The assessment is designed to evaluate real-world competency, not just theoretical recall.

What CPD credits do I earn from the CAFMS?

The Certified Advanced Financial Management Specialist carries Continuing Professional Development (CPD) credits, which can be applied towards professional body requirements including recognised international professional associations.

Can I study the CAFMS while working full-time?

Absolutely. The self-paced option is designed for busy working professionals and allows you to study when and where it suits you. Live virtual sessions are typically scheduled in the evenings or on weekends to accommodate professional commitments.

What career outcomes can I expect from the CAFMS?

Graduates progress towards senior finance, controller and CFO roles. The CAFMS strengthens your expertise in financial management, accounting, budgeting and financial analysis and positions you for advancement across corporates, banks, NGOs and public-sector organisations.

Graduate Voices

What Our Alumni Say

“

The curriculum was directly applicable to my daily work. I immediately applied what I learned and saw results within weeks of completing the programme.

Finance Director

Private Sector

“

GLI's certification is the most practical professional programme I have attended. The international frameworks gave me credibility with my employer and clients.

Financial Controller

NGO Sector

“

I earned my CAFMS while working full-time. The self-paced format made it possible, and the quality of the content is genuinely world-class.

Senior Accountant

Government

Certified Advanced Financial Management Specialist

Certified Advanced Financial Management Specialist

Certification at a Glance

Who Should Enrol?

Everything Included in Your Enrolment

Why This Certification Matters for Your Career

Core Competencies You Will Develop

Programme Modules

What You Will Achieve

How to Get Certified

Common Questions

What Our Alumni Say

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