AMC Institute Accreditation granted to Malachite Management

Malachite Management asserted that it has recently been granted accreditation by Association Management Company Institute (AMCI), the global trade association representing the Association Management industry.

It is to be noted that only 81 have achieved AMC Institute Accreditation, demonstrating the commitment and the ability to deliver the highest level of professional management services to association and not-for-profit clients. These AMCs are the recognized choice of association and not-for-profit organizations.

AMCI Chair Michael Payne said. “AMCI accreditation requires that association management firms demonstrate adherence to operational and ethical best practices, as outlined in the AMCI standard. Accreditation distinguishes Malachite’s ongoing commitment to leadership in association management.”

AMC Institute Accreditation is recognized and supported by ASAE & The Center for Association Leadership and is based on the ANSI Standard of Good Practices for the AMC Industry. ANSI requires that the standard be reviewed and updated regularly to remain an approved standard. Measurable performance practices include contracts and service delivery, employee recruitment, training and professional development, financial management and internal controls, among others. AMCs must earn re-accreditation every four years, demonstrating to an independent outside auditor that they continue to meet the standard.