IHArm Announces Strategic Collaboration with Association of Forensic Accounting Researchers
L-R: Prof. Muhammadu Akairo Mainoma Chairman Governing Council (AFAR), Prof. Wasiu Babalola President & Chairman (IHArm), Prof. Godwin Oyedokun FFAR Global President (AFAR)
In a groundbreaking collaboration the Institute of Hospitality Accountants & Revenue Managers (IHArm) has announced it strategic partnership with the Association of Forensic Accounting Researchers (AFAR), a leading global body committed to advancing the practice and education of forensic accounting.
This strategic partnership brings together two prominent organizations with a shared vision of enhancing the professionalism and expertise of accountants, revenue managers, and IT professionals, particularly within the hospitality and tourism industry. Through this collaboration, IHArm and AFAR will work closely to provide a wealth of resources, educational opportunities, and professional development programmes for their members.
According to the statement released on Wednesday disclosed that the key elements of the collaboration include: AFAR serving as one of the mentoring associations for IHArm, thus, offering its vast expertise in forensic accounting to guide and support IHArm corporate governance, programme developments and specialised financial services. IHArm members will have the opportunity to access selected free classes and discounted rates on paid courses. This initiative is aimed at fostering continuous professional development and equipping IHArm members with the latest skills and knowledge in accounting, revenue management, and IT practices.
This partnership represents a significant step toward advancing the standards of accounting, revenue management, and IT practices within the hospitality and tourism industry. By leveraging AFAR’s expertise in forensic accounting and combining it with IHArm’s focus on hospitality accounting and financial management, revenue management, and information technology practices, this collaboration will contribute to the professional growth and success of members in both organizations.
Speaking on the collaboration, Professor Wasiu Babalola FIHArm, President & Chairman of Council of IHArm, said: “We are excited to partner with AFAR in this unique collaboration. By combining our strengths and resources, we are opening up new avenues for our members to enhance their skills and contribute to the growth of the hospitality and tourism industry. This partnership will not only benefit our members but also set new standards for the entire industry.”
On his part, Professor Godwin Oyedokun FFAR, Global President of AFAR, added: “This collaboration with IHArm aligns with our mission to promote excellence in forensic accounting and professional development. We are excited to mentor and support IHArm members as they expand their expertise in hospitality accounting, revenue management, and information technology practices; and we look forward to a successful partnership.”
The partnership between IHArm and AFAR marks a new chapter in the professional development of accountants, revenue managers, and information technology professionals in the hospitality and tourism industry, with both organizations committed to empowering their members to reach new heights of excellence.
About IHArm:
The Institute of Hospitality Accountants & Revenue Managers (IHArm) is a professional body dedicated to advancing the standards and professional development of accountants, revenue managers, and information technology professionals within the hospitality and tourism industry. With membership interests in Ghana, Kenya, Nigeria, Sierra Leone, United Arab Emirates (UAE), United Kingdom (UK); and the United States of America (USA), among others; IHArm provides its members with access to educational resources, certifications, and networking opportunities aimed at fostering excellence in hospitality financial management, revenue management, and information technology practices. www.iha-rm.org
About AFAR:
The Association of Forensic Accounting Researchers (AFAR) is a global organization committed to promoting forensic accounting through research, education, and professional development. AFAR is a research and professional based organization established to enhance forensic accounting research and practice in Africa and beyond. With members from Nigeria, South Africa, Kenya, Tanzania, Zambia, Mozambique, Cameroon, Ghana, Canada, United Kingdom and United State of America, AFAR’s Objectives includes but not limited to educating members as well as the general public on matters relating to Forensic Accounting, Forensic Audit, Forensic Investigation, Investigative Accounting, Fraud Examination, Forensic Taxation and Forensic Internal Auditing and Litigation Support among others. AFAR supports accountants, auditors, and finance professionals in developing the skills and knowledge necessary to address complex financial issues and ensure transparency and integrity in financial.

