On May 21, 2007 the leadership of the ASAE and AMCI announced joint support for a single accreditation program based on the more rigorous AMCI program. The ASAE announced at that time that their program would end in 2010. More…
Despite the fact that ASAE’s AMC Accreditation program ended on 12/31/10, some AMCs continue to prominently display the logo and promote that having attained it somehow makes them special.
If an organization values accreditation, which they should, then organizational leaders should know that any AMC still displaying the following logos has not been paying attention to important deadlines and may be taking their own accreditation for granted.
Were These Programs that Different — Does it Matter?
Yes, there were very different and it only matters if organizations value accreditation.
ASAE’s AMC accreditation program was based on 15 criteria. To be accepted, a firm needed only to submit its policies and procedures manual showing conformance to the criteria, along with a $500 check. This would have been valuable to the market had there not been an alternative. Actually, there were two alternatives.
First alternative was membership in the AMC Institute, the only trade association for association management companies. Interestingly enough, membership in the AMC Institute maintained the same 15 criteria used by ASAE’s AMC accreditation program, plus two more.
The second alternative was the AMC Institute’s AMC accreditation program based on an ANSI standard of best practices for association management company services, plus the requirement that the accredited AMC pass an independent audit of its policies against the ANSI standard. This independent audit, usually conducted by CPAs experienced in peer reviews of private accounting firms, is also required every four years to renew accreditation.
The leaders of ASAE and the AMC Institute envisioned an AMC accreditation program that would be a clear signal to the consuming market of a high standard and to end any confusion that existed when both programs were active. If AMC accreditation is important to an organization, there’s only one to look for:
A firm that is Charter Accredited simply means that they received their original accreditation during the first year of availability. There were 19 Charter Accredited firms dating back to 2004; there are now approximately 60 AMC Institute accredited firms — a clear sign of success for the single accreditation program!