Certificate Detail: DB-CMAF - Certificate of Management in Aviation Accounting and Finance

aircraft images and people reviewing numbers

About the Program

COMING SOON! The Certificate of Management in Aviation Accounting and Finance is a highly intensive, online certificate program which combines the latest accounting, federal acquisition, finance, valuation, and appraisal topics. The program is developed and tailored for aviation and aerospace professionals to enable them to emerge with the skills and tools to anticipate, respond, and adapt to the demands and challenges of an evolving industry. In response to industry needs, Embry-Riddle has designed the certificate and respective courses to be eligible for Continuing Education Units (CEUs). Completion of the certificate program requires completion of four Blended Learning aviation accounting and finance courses: 

  • Contemporary Issues in Aviation Accounting
  • Federal Acquisition Accounting Issues in Aviation
  • Aircraft leasing and Financing
  • Aviation Asset Valuation and Aircraft Appraisal

The Certificate of Management in Aviation Accounting and Finance is designed to address and provide an understanding of selected accounting and value appraisal topics for those individuals engaged in the finance functions within the aviation industry. The courses in the certificate program will leverage current readings, peer discussions, and presentations from subject matter experts and industry professionals to provide a learning experience with practical applications in the aviation financial workspace. Through these courses, students will explore elements of finance through the lens of the aviation industry. Course participants will be challenged to apply accounting standards and practices to federal acquisition regulations in business systems, maintenance reserves and data sources, lease vs buy decisions for airlines and lessors, and valuation approaches to aviation assets.

Key Topics

  • Cost Accounting Standards (CAS), Cost Accounting Standards Board (CASB), and disclosure statements
  • Aviation assets and securitization
  • Commercial aircraft valuation
  • Revenue recognition under IFRS and U.S. GAAP
  • Derivatives used to hedge against risk
  • Federal Acquisition Regulations (FAR)
  • Airline credit analysis
  • Lease vs buy analysis

Each of the courses offer rich, interactive content created by Embry-Riddle's award-winning instructional design team and were developed by subject matter experts with vast industry experience. Upon successful completion of each course, students will earn a certificate of completion. Upon meeting the requirements of the certificate program, students will earn a framed Certificate of Management in Aviation Accounting and Finance. 

Registration Policies

For courses offered after 01-JUL-2024, the early bird course fee is $550 per person, the standard course fee is $700 per person, per course. A cancellation charge of $50 will be assessed on any standard cancellations. A late cancellation charge of 25% of the course registration fee will be assessed on cancellations occurring within 14 days of the start of the course. For more information regarding administrative policies such as complaints and refunds, please contact our offices at 386 226 6928 or dbproed@erau.edu

Continuing Education Units (CEUs)

Embry-Riddle will award the 4.0 Continuing Education Units (CEUs) to each attendee who successfully completes each course.

NASBA Continuing Professional Education (CPE)

The recommended NASBA CPE credit for each course is as follows:

    • Contemporary Issues in Aviation Accounting: NASBA Field of Study - Accounting (CPE=20): Total CPE=20
    • Federal Acquisition Accounting Issues in Aviation: NASBA Field of Study=Finance (CPE=2); Accounting (Governmental) Technical (CPE=14); Auditing (Governmental) Technical (CPE=4): Total CPE=20
    • Aircraft Leasing and Finance: NASBA Field of Study=Finance (CPE=20): Total CPE=20
    • Aviation Asset Valuation and Aircraft Appraisal: NASBA Field of Study=Finance (CPE=20): Total CPE=20

    Total Certificate Program CPE= 80 CPE
Embry-Riddle Aeronautical University is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

Who Should Attend

These courses are tailored for industry professionals involved in the management, supervision and operations of aviation organizations. As aviation accounting and financial management affects a variety of individuals and departments, professionals working in various capacities across the transportation industry can benefit from this knowledge including:

  • Aircraft Appraisers 
  • Aviation Accountants & Accountants
  • CPAs
  • Accounting and Financial Professionals
  • Aircraft Acquisition Managers
  • Tax Professionals
  • Audit & Assurance Professionals
  • Finance Consultants

Course Format

The courses in the certificate program will each be a Blended Learning offering, including both asynchronous and synchronous components comprised of various instructional strategies, such as readings, narrated PowerPoint videos, discussion boards and synchronous online meetings. The best of both worlds ~ an online asynchronous self-paced course with access to a subject matter expert. Program knowledge level is identified as basic, with no required advance preparation or prerequisites. Requirements include a reliable internet connection to access the course and its materials, access to Microsoft Excel or equivalent spreadsheet-creation software, and approximately 40 hours of study. 

Student performance is assessed by online discussion participation and quizzes. An overall grade of 70% is required to pass each course and earn credit toward the Certificate of Management in Aviation Accounting and Finance. All quizzes provide two attempts. If additional attempts are needed, a request can be submitted to the instructor.

Contact Us

Contact: Sarah Ochs
Email: dbproed@erau.edu
Tel: 386.226.6928

Courses