Introductions Simon Brascoupé AFOA Canada Patricia Debassige AFOA Canada Dan Relihan,

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2 Introductions Simon Brascoupé, MA, CAPA, CFNHM Vice President, Education and Training AFOA Canada Patricia Debassige Manager, Education & Membership AFOA Canada Dan Relihan, MBA, CPA, CGA, Project Manager, CAFM/ACAF Partnership

3 About AFOA Canada Founded in 1999 Vision Mission AFOA is the centre of excellence, information and certification in Aboriginal management Contributing to Aboriginal social and economic prosperity by building a professional, educated workforce that supports effective governance and administration.

4 How do we do this? 1. Education & Certification 2. Professional Development 3. Networking and knowledge sharing 4. Capacity development research 5. Participate in development of financial management, accounting and reporting standards 6. Promote best practices 7. Encourage Indigenous youth to enter the profession Youth awards and scholarships 8. Supporting Aboriginal accountability and governance efforts

5 About AFOA Canada Head Office in Ottawa 8 Chapters Indigenous Controlled Governed by Board of Directors Non-profit Non-political

6 AFOA Membership AFOA s membership is comprised of: Indigenous Financial Managers Chiefs, Band Administrators Directors & Officers Program Managers Economic Development Consultants Tribal Council members Chief Financial Officers Accountants Chief Executive Officers Government Regional Composition March 2018 STATISTICS Total members: 1, , ,321 1,336 1,364 1,382 1,513 1, Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

7 Why become a CAFM? 611 CAFMs designated since inception 97% employment rate Highly sought after by employers across Canada Only one of its kind in the world Communities are demanding more from their employees Contribute towards healthier communities Increase the level of standards for our communities AFN General Assembly 2008, Quebec City, Resolution #32 Chief-in-Council passed a resolution that supports the CAFM designation and the important role of AFOA and Chapters. CAFM Growth Total designations granted

8 What is a CAFM? Standards Ethical Standards Competency Standards s General Management s Technical Knowledge s Leadership s Professionalism A CAFM is a Certified Aboriginal Financial Management professional whose skills and knowledge are based on and tested against professional standards.

9 CAFM Competency Standards General Management Technical Knowledge Leadership Professionalism G1 - Planning G2 - Human Resource Management G3 - Allocating and Managing Resources G4 - Communicating G5 - Indigenous History and Culture T1 - Financial Accounting & Reporting T2 - Management Accounting and Performance Measurement T3 - Finance and Financial Planning T4 - Management Information Systems T5 Taxation L1 - Organizational and Strategic Leadership L2 - Team Leadership and Development L3 - Staff Coaching and Training P1 - Ethics and Trust P2 - Integrative Approach P3 - Problem Solving P4 - Professional Development P5 - Professional Self Evaluation

10 How to Become a CAFM 4 options to apply for your designation Special Arrangement A Special Arrangement B Special Arrangement C CAFM Education Program As a First Nations professional, I am proud to have the CAFM designation. In my job, it is important to demonstrate that I have a good understanding of First Nations financial management. Having the CAFM designation helps me to establish credibility with both my clients and business contacts. Travis Seymour, CAFM First Nations Financial Management Board, Ottawa 2010

11 Special Arrangement A CPA designation 5 years Practical Working Experience in an Indigenous Environment Applicants working in an Accounting firm must include up to 3 letters of references from Indigenous communities or organizations they have as clients; 2 required courses: CAFM 6 Indigenous History & Developments CAFM 14 Indigenous Human & Fiscal Issues Sign an agreement to abide by the Standards of Ethical Conduct

12 Special Arrangement B 5 years Practical Working Experience in an Indigenous Environment Complete CAFM 4 & CAFM 14 courses Pass the CAFM Professional Exam Sign an agreement to abide by the Standards of Ethical Conduct

13 Special Arrangement C ACAF Holder 5 years Practical Working Experience in an Indigenous Environment Applicants working in an Accounting firm must include up to 3 letters of references from Indigenous communities or organizations they have as clients; 3 required courses: CAFM 4 Indigenous Strategy & Decisions CAFM 6 Indigenous History & Developments CAFM 14 Indigenous Human & Fiscal Issues Sign an agreement to abide by the Standards of Ethical Conduct

14 CAFM Exam & Preparation Session Exam Preparation Session 3 day session Next session: November 26-28, 2018 Ottawa, ON CAFM Professional Exam Can be written anywhere Next Exam: December 14, 2018

15 CAFM Education Program Complete the CAFM Education Program Consists of 15 courses taken through a combination of postsecondary, AFOA Canada and CPA Canada recognized courses In-class or online Apply for course exemptions taken through other Colleges or Universities Pass the CAFM Professional Exam 2 years Practical Working Experience in an Indigenous Environment Sign an agreement to abide by the Standards of Ethical Conduct

16 CAFM Program Requirements R CAFM 1 Introductory Financial Accounting A R CAFM 2 Business Communications A R CAFM 3 Indigenous or Business Law B R CAFM 4 Indigenous Strategy & Decisions C R CAFM 5 Intermediate Financial Reporting 1 A R CAFM 6 Indigenous History & Developments C R CAFM 7 Intermediate Financial Reporting 2 A R CAFM 8 Information Technology A R CAFM 9 Introductory Management Accounting A R CAFM 10 Corporate Finance & Fundamentals A R CAFM 11 Audit & Assurance Course A R CAFM 12 Ethics & Workplace Skills Course A R CAFM 13 Indigenous Ethics Case Study C R CAFM 14 Indigenous Human & Fiscal Issues C A: Completed through CPA accredited post-secondary courses B: Offered on-line through AFOA or through CPA accredited postsecondary courses C: Offered on-line through AFOA only or through AFOA approved colleges and universities D: Offered by SAGE in conjunction with CPA or through CPA approved post-secondary course R SAGE Accounting Software Application / Certification D

17 AFOA Canada Online Courses Online courses run in a semester format-2 semesters/year Courses are 15 weeks in length and are 45-60hrs each All courses have qualified Instructors Students can access additional mentoring if requested Asynchronous Learning Style Online Course Registrations

18 Educational Partnerships Assiniboine Community College, Dauphin, MB CPA Canada, throughout Canada Centennial College, Toronto, ON College of the Rockies, Cranbrook, BC Confederation College, Thunder Bay, ON School of Community Government, Yellowknife, NT Saskatchewan Indian Institute of Technology, Saskatoon, SK Yellowquill College, Winnipeg, MB

19 Partnerships Block Transfer Agreements Cape Breton University, Cape Breton, NS Thompsons River University, BC University College of the North, The Pas, MB University of New Brunswick, Fredericton, NB University of Saskatchewan s Edwards School of Business

20 Coming Soon to a school near you! Camosun College, BC Canadore College, North Bay, ON Nicola Valley Institute of Technology, Merrit BC Nipissing University, North Bay, ON University of British Columbia, Vancouver BC

21 Partnership Agreements

22 Any Questions before we proceed to the ACAF Presentation?

23 AFOA Canada & CPA Canada Memorandum of Understanding Signed February 2016 at AFOA Canada Conference in Montreal Facilitate access to and success for Aboriginal students in the accounting profession by articulating AFOA s CAFM designation with CPA Canada s ACAF program. Develop means through which Indigenous culture and history curriculum might be included within components of Canadian accounting education. Establish subsequent bridging opportunities to the CPA Professional Education Program.

24 Professional Accounting in Canada CPA Designation: Canada s pre-eminent, globally recognized professional business and accounting designation Advanced Certificate in Accounting and Finance: Separate education program, with its own admission and assessment standards. It s designed for individuals aspiring to elevate their accounting and finance skills to an intermediate level.

25 What is the ACAF? The ACAF will typically build on a 2-year college diploma adding additional technical coverage, as well as communications and soft skills The ACAF will provide the job-ready skills that employers across the country value within the accounting and finance functions of their businesses. Qualify for intermediate-level positions within accounting and finance teams. Work in any sector, whether business, not-for-profit, government, or at an accounting and finance firm. Use your skills in an industry you re passionate about whether you are interested in sports, entertainment, finance, technology, or travel. Bridging to the appropriate stage of the CPA designation program through established degree partnerships

26 Key features Applied: Focuses on the application of technical knowledge Attainable: Reasonable entrance requirements, one year full time, or part time at the student s pace; exemptions for academic equivalency Online: Anytime, anywhere Supported: Access to subject matter experts Relevant: Electives in student interest and employer need Integrated: Ethics, soft skills, software applications

27 CAFM ACAF CAFM / ACAF Partnership A CAFM 1:Introductory Financial Accounting Entry Courses: Introductory Financial Accounting > > > Introductory Financial Accounting CAFM 2:Business Communications > > > > > > > Business Communications CAFM 3:Business Law Business Law > > > Business Law CAFM 5:Intermediate Financial Reporting 1 Intermediate Financial Reporting 1 > > > Intermediate Financial Reporting 1 CAFM 7:Intermediate Financial Reporting 2 Intermediate Financial Reporting 2 > > > Intermediate Financial Reporting 2 CAFM 9:Introductory Management Accounting Introductory Management Accounting > > > Introductory Management Accounting CAFM 8:Information Technology Technical Courses: Information Technology > > > Information Technology CAFM 10:Corporate Finance Corporate Finance > > > Corporate Finance CAFM 11:Audit & Assurance Audit & Assurance > > > Audit & Assurance Taxation > > > Taxation Intermediate Management Accounting > > > Intermediate Management Accounting Advanced Financial Reporting > > > Advanced Financial Reporting B CAFM 12:Ethics & Workplace Skills Applied Courses: Ethics & Workplace Skills > > > Ethics & Workplace Skills Accounting Software Applications Accounting Software Applications > > > Accounting Software Applications Business Applications > > > Business Applications Elective Course 1 > > > ( Note 1) Elective Course 2 > > > ( Note 1) C CAFM 4:Aboriginal Strategy & Decisions > > > CAFM 4:Aboriginal Strategy & Decisions ( Note 1) CAFM 6:Aboriginal History & Developments > > > CAFM 6:Aboriginal History & Developments ( Note 1) CAFM 14:Aboginal Human & Fiscal Issues > > > CAFM 14:Aboginal Human & Fiscal Issues ( Note 1) CAFM 13:Aborginal Ethics Case Study > > > CAFM 13:Aborginal Ethics Case Study D CAFM Professional Examination 1,2 ACAF National Examination 3 > > > CAFM Professional Examination 1,2 ACAF National Examination 3 A Courses taken through CPA approved PSI, often as part of an accounting diploma or degree 1: CAFM Professional Exam adminstered through AFOA Canada B Courses taken through CPA approved PSI accredited to offer Applied Courses D 2: Two-year's practical experience required for CAFM Designation C Courses taken online through AFOA Canada 3: ACAF National Exam adminstered through CPA Canada Note 1:Completion of CAFM 4, 6 & 14 through AFOA Canada accepted to meet the two ACAF Elective course requirements

28 CAFM ACAF CAFM / ACAF Partnership A CAFM 1:Introductory Financial Accounting Entry Courses: Introductory Financial Accounting > > > Introductory Financial Accounting CAFM 2:Business Communications > > > > > > > Business Communications CAFM 3:Business Law Business Law > > > Business Law CAFM 5:Intermediate Financial Reporting 1 Intermediate Financial Reporting 1 > > > Intermediate Financial Reporting 1 CAFM 7:Intermediate Financial Reporting 2 Intermediate Financial Reporting 2 > > > Intermediate Financial Reporting 2 CAFM 9:Introductory Management Accounting Introductory Management Accounting > > > Introductory Management Accounting CAFM 8:Information Technology Technical Courses: Information Technology > > > Information Technology CAFM 10:Corporate Finance Corporate Finance > > > Corporate Finance CAFM 11:Audit & Assurance Audit & Assurance > > > Audit & Assurance Taxation > > > Taxation Intermediate Management Accounting > > > Intermediate Management Accounting Advanced Financial Reporting > > > Advanced Financial Reporting B CAFM 12:Ethics & Workplace Skills Applied Courses: Ethics & Workplace Skills > > > Ethics & Workplace Skills Accounting Software Applications Accounting Software Applications > > > Accounting Software Applications Business Applications > > > Business Applications Elective Course 1 > > > ( Note 1) Elective Course 2 > > > ( Note 1) C CAFM 4:Aboriginal Strategy & Decisions > > > CAFM 4:Aboriginal Strategy & Decisions ( Note 1) CAFM 6:Aboriginal History & Developments > > > CAFM 6:Aboriginal History & Developments ( Note 1) CAFM 14:Aboginal Human & Fiscal Issues > > > CAFM 14:Aboginal Human & Fiscal Issues ( Note 1) CAFM 13:Aborginal Ethics Case Study > > > CAFM 13:Aborginal Ethics Case Study D CAFM Professional Examination 1,2 ACAF National Examination 3 > > > CAFM Professional Examination 1,2 ACAF National Examination 3 A Courses taken through CPA approved PSI, often as part of an accounting diploma or degree 1: CAFM Professional Exam adminstered through AFOA Canada B Courses taken through CPA approved PSI accredited to offer Applied Courses D 2: Two-year's practical experience required for CAFM Designation C Courses taken online through AFOA Canada 3: ACAF National Exam adminstered through CPA Canada Note 1:Completion of CAFM 4, 6 & 14 through AFOA Canada accepted to meet the two ACAF Elective course requirements

29 CAFM ACAF CAFM / ACAF Partnership A CAFM 1:Introductory Financial Accounting Entry Courses: Introductory Financial Accounting > > > Introductory Financial Accounting CAFM 2:Business Communications > > > > > > > Business Communications CAFM 3:Business Law Business Law > > > Business Law CAFM 5:Intermediate Financial Reporting 1 Intermediate Financial Reporting 1 > > > Intermediate Financial Reporting 1 CAFM 7:Intermediate Financial Reporting 2 Intermediate Financial Reporting 2 > > > Intermediate Financial Reporting 2 CAFM 9:Introductory Management Accounting Introductory Management Accounting > > > Introductory Management Accounting CAFM 8:Information Technology Technical Courses: Information Technology > > > Information Technology CAFM 10:Corporate Finance Corporate Finance > > > Corporate Finance CAFM 11:Audit & Assurance Audit & Assurance > > > Audit & Assurance Taxation > > > Taxation Intermediate Management Accounting > > > Intermediate Management Accounting Advanced Financial Reporting > > > Advanced Financial Reporting B CAFM 12:Ethics & Workplace Skills Applied Courses: Ethics & Workplace Skills > > > Ethics & Workplace Skills Accounting Software Applications Accounting Software Applications > > > Accounting Software Applications Business Applications > > > Business Applications Elective Course 1 > > > ( Note 1) Elective Course 2 > > > ( Note 1) C CAFM 4:Aboriginal Strategy & Decisions > > > CAFM 4:Aboriginal Strategy & Decisions ( Note 1) CAFM 6:Aboriginal History & Developments > > > CAFM 6:Aboriginal History & Developments ( Note 1) CAFM 14:Aboginal Human & Fiscal Issues > > > CAFM 14:Aboginal Human & Fiscal Issues ( Note 1) CAFM 13:Aborginal Ethics Case Study > > > CAFM 13:Aborginal Ethics Case Study D CAFM Professional Examination 1,2 ACAF National Examination 3 > > > CAFM Professional Examination 1,2 ACAF National Examination 3 A Courses taken through CPA approved PSI, often as part of an accounting diploma or degree 1: CAFM Professional Exam adminstered through AFOA Canada B Courses taken through CPA approved PSI accredited to offer Applied Courses D 2: Two-year's practical experience required for CAFM Designation C Courses taken online through AFOA Canada 3: ACAF National Exam adminstered through CPA Canada Note 1:Completion of CAFM 4, 6 & 14 through AFOA Canada accepted to meet the two ACAF Elective course requirements

30 Ladder to Professional Accounting CAFM Designation ACAF Certificate University Degree CPA Designation CAFM Diploma

31 Any questions about the ACAF Program

32 (604) (604) (604) (604) Thank you for your participation! AFOA Canada Suite Somerset Street West Ottawa, ON K1Y 4T Toll Free: Dan Relihan (604)