The Turnaround Management Association (TMA) is the leading organization dedicated to turnaround management, corporate restructuring, and distressed investing. Established in 1988, TMA has more than 8,300 members in 55 chapters worldwide, including 32 in North America. Members include turnaround practitioners, attorneys, accountants, advisors, liquidators, executive recruiters, and consultants, as well as academic, government, and judicial employees.
TMA Fact Sheet
The Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 8,300 members in 55 chapters including 32 in North America. 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 members.
TMA is a truly global, member-centric organization that provides value, community, and unparalleled resources to all member segments whether they practice at the local, regional, national, or cross-border level. TMA ensures that the critical role our members play in the global economy is understood, respected, and celebrated.
TMA members are a professional community of turnaround and corporate renewal professionals who share a common interest in strengthening the economy through the restoration of corporate value. They include:
- 43% - Turnaround practitioners who consult with or participate in helping troubled companies in the recovery process, including interim corporate managers, financial and operating advisors, accountants
- 20% - Attorneys
- 14% - Lenders and bankers/workout officers
- 3% - Investors, including equity investors, investment bankers, venture capitalists
- 20% - Other related professionals, including receivers, appraisers, trustees, auctioneers/liquidators, factors, academics/students, government/judges, and recruiters
All TMA members are expected to sign a Code of Ethics each year specifying high standards of professionalism, integrity, and competence.
The TMA Certification Program recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal. Applicants for certification must meet stringent standards of education, experience and professional conduct, pass a comprehensive examination and maintain the credential through continuing education credits.
- Journal of Corporate Renewal
- TMA Weekly Report
Conferences & Events
TMA holds three annual international conferences and regional and chapter events throughout the world.
TMA offers comprehensive education resources covering the full scope of corporate restructuring, distressed investing, and turnaround management related topics for every stage of your career.
- E-learning Programs
- Body of Knowledge Interactive Online Books
- Body of Knowledge Books
- Troubled Loan Workouts: A Reference Guide
- Conference Proceedings - 2011 TMA Distressed Investing Conference and many other previous conferences available
Body of Knowledge Courses