CBA Requirements

The CAP program is a three-course college-level program specifically tailored to the needs of Credit Executives. Earning the designation shows mastery of three disciplines central to business credit:

I. Business Credit Principles

Course Text: Principles of Business Credit, Field
Version III, National Association of Credit Management

	Credit & Business
	International Trade
	Credit Policy & Procedures
	Direct & Indirect Investigation
	Legal Forms of Business
	Financing Techniques & Credit Analysis
	Non-Financial & Financial Analysis
	Collection Procedures & Problems
	Bankruptcy Code & Proceedings
	Credit-Sales Partnership
	Decision Procedures
	Open Account Terms
	Credit Fraud
	Negotiable Instruments
	Creditors Rights Under UCC

II. Basic Financial Accounting*

Course Text :Accounting, 19th Ed. - Student Package, Warren, Fess, Reeve--Southwestern Publishing

Accounting Working Papers Plus

Introduction: Accounting Concepts & Practice

Analyzing Transactions

Receivables & Temporary Investments

Inventories

The Matching Concept & the Adjusting Process

Cash

Completing the Accounting Cycle

Concepts & Principles

Plant Assets & Intangible Assets

Accounting Systems, Internal Control & Special Journals

Payroll, Notes Payable & Other Current Liabilities

Accounting for Merchandising Businesses

*College Accounting courses may be substituted

III. Financial Analysis I*

Course Text :Understanding Financial Statements, 5th Ed., Lynn M. Fraser--Prentice Hall

Prerequisite: Basic Financial Accounting (above) or college equivalent

Financial Statements: An Overview

The Balance Sheet

The Income Statement and Statement of Retained Earnings

Statement of Cash Flows

The Analysis of Financial Statements

Ratio Analysis

* College Finance courses may be substituted

“It takes more than just rote ability to get promoted and move ahead in a career. It takes the desire to want to continuously learn and better oneself in a given profession. All of my best employees have taken advantage of the educational opportunities that NACM East Coast has to offer.”

Suzanne Kraus, CBA
Verizon Avenue Corporation

“Earning my CBA has elevated my level of expertise in the credit field and I received recognition from senior management for my accomplishment.”

Terry Parsons, CBA
Carpenter Company

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