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TMA Fact Sheet
The Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 9,000 members in 52 chapters including 32 in North America. TMA’s mission is to serve as a forum for corporate renewal professionals from all...
Frequently Asked Questions
What is its mission? The Mission Statement approved in 2004 states the Association’s scope and purpose. TMA’s mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development and enhance the image of TMA...
TMA Founders
The 31 founding members of Turnaround Management Association: Thomas J. Allison, CTP Jay Alix, CTP C. Charles Bahr Jacques H. Belet, CTP Donald B. Bibeault, CTP Gary Brooks, CTP Gerald P. Buccino, CTP John (Jack) Wm. Butler, Jr. Melanie Rovner Cohen John M. Collard, CTP Marvin A. Davis, CTP Peter...
Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame
The Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame was created in 2008 during TMA’s 20th anniversary year to honor those whose outstanding individual contributions have made a lasting positive impact on an industry dedicated to stabilizing underperforming companies,...
Certification Policies
Governance Certification Oversight Committee The Certification Oversight Committee — comprised of professionals from the corporate renewal industry — is responsible for overseeing all CTA and CTP activities independent of the TMA Board of Directors. These activities include establishing and...
Path to Certification
The Turnaround Management Association has revamped the process in which professionals receive their CTP or CTA, making the path to certification much more streamlined. View the certification timeline for more information. CTA Applicant Portfolio CTA Application for Certification and a $295...
Certification Exams
TMA has updated our exam process to better suit your professional needs. No more traveling to take prep courses and the exams--everything is available 100% online. A deal comes up? No problem. Prepare for each exam at your convenience. About the Certification Exams The three topics covered by the...
Additional Resources
All books listed in the bibliography may be purchased online at amazon.com . The only exception is the law article entitled, "All You Ever Wanted to Know About Cram Down Under the New Bankruptcy Code." Please e-mail certification@turnaround.org to request a copy. ACCOUNTING AND FINANCE Finance for...
Sample Exam Questions
ACCOUNTING Estimated time 50 minutes Jeans Incorporated, which sells men’s and women’s jeans in 10 stores in large shopping centers in Southern California, began having financial difficulty in 1993. The controller provided you with the following balance sheet as of December 31, 1994: Jeans...
Contact Us
QUESTIONS? E-mail certification@turnaround.org with any questions related to the certification program. For general questions, contact the TMA Global main line at 312-578-6900 or e-mail info@turnaround.org .
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