Accountants Look To Boost FN Financial Management
Victoria – Late in 2019, the Chartered Professional Accountants of British Columbia (CPABC) and the Aboriginal Financial Officers Association of British Columbia (AFOA BC) signed a Memorandum of Understanding and Cooperation to work together to strengthen First Nations program and service delivery through the enhancement of financial and management skills within Indigenous communities.
Both CPABC and AFOA BC believe that the key to building First Nations governance capacity and creating a better life for Canada’s First Nations’ peoples lies in developing capacity in financial management and government administration, as well as, in improving the skills of those responsible for the stewardship and management of First Nations resources.
To facilitate creating greater capacity, both organizations will support and promote the attainment of Certified Aboriginal Financial Management designation, other First Nations certifications and designations, and/or the CPA designation. They will also work towards better identifying the number of Indigenous professionals currently working in the financial and accounting sector.
“Support from Indigenous institutions is a critical component of self-determination for Indigenous peoples,” said Carol Reimer, Vice President of AFOA BC. “Given the current agendas of both the federal and provincial governments, this is an important time for Indigenous institutional development to support what First Nations communities have been working to reclaim for generations.”