The Turnaround Management Association (TMA) is the only international non-profit association dedicated to corporate renewal and turnaround management. Established in 1988, TMA has more than 8,300 members in 55 chapters, including 32 in North America and one each in Australia, Austria, Brazil, Croatia, the Czech Republic, Finland, Germany, Hong Kong, Italy, Japan, the Netherlands, Romania, Serbia, Singapore, Southern Africa, South Korea, Spain, Sweden, Taiwan, and the United Kingdom.