Unique Partnership Supports Indigenous Students in Pursuing Careers as Leaders in Financial Management
Recent focus on Indigenous issues and reconciliation initiatives in Canada has critically heightened the demand for skilled leadership and qualified individuals with financial and business expertise to work within First Nations, Inuit and Métis communities and organizations. This has created a multitude of opportunities for Indigenous students who may be passionate to contribute to strengthening financial management, leadership and sustainability within their communities and related organizations. However, in the face of this high demand for expertise, the number of Indigenous people choosing to pursue accounting and financial management careers has not kept pace. There is now a serious shortage of Indigenous students choosing to pursue these opportunities.
To address this crisis, two of Canada’s leading organizations in the accounting and financial management sector have partnered to create a unique and very efficient pathway for Indigenous students to pursue accounting and financial management education. These partners are:
- AFOA Canada; the national association that helps Indigenous people better manage and govern their communities and organizations through a focus on enhancing finance and management practices and skills, all under a premise that the key to successful self-determination, and a better future for the next generation lies in improving the management skills of those responsible for the stewardship of Indigenous resources, and;
- The Chartered Professional Accountants of Canada (CPA Canada), the body that oversees and regulates the accounting profession in Canada.
This academic partnership facilitates efficient access to, participation in, and success for Métis, Inuit and First Nations students in Canadian accounting education and careers. Further, the partnership ensures the inclusion of important Indigenous culture and history courses within the Canadian accounting curriculum.
Under this unique partnership students jointly obtain two highly regarded Canadian financial management credentials;
- AFOA Canada’s Certified Aboriginal Financial Manager (CAFM) designation, and;
- CPA Canada’s Advanced Certificate in Accounting and Finance (ACAF).