NACM-National Professional Certification Program

CBASM
CCRASM
CBF SM
CCE®

Career Opportunities 
Expanded Knowledge
Standards of Excellence
Heightened Professional Recognition

DESIGNATION PROCESS AT A GLANCE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

CONTENTS

COURSE MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
PROGRAM PROCEDURES: STEP-BY-STEP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
CREDIT BUSINESS ASSOCIATESM (CBA ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
SM

CERTIFIED CREDIT AND RISK ANALYSTSM (CCRASM) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

CREDIT BUSINESS FELLOWSM (CBFSM) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
CERTIFIED CREDIT EXECUTIVE® (CCE®) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
TESTING PROCEDURES AND INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
TESTING RECAP: FREQUENTLY ASKED QUESTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
NATIONAL SCHOLARSHIP FUND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
CANONS OF BUSINESS CREDIT ETHICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
REGISTRATION FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
CBASM APPLICATION FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
CCRASM APPLICATION FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
CBFSM APPLICATION FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
CCE® APPLICATION FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
CAREER ROADMAP FOR CBFSM AND CCE® CANDIDATES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
EXAM RETAKE FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
ONLINE SELF-STUDY COURSES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
BOOKSTORE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
EXAM SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
 DESIGNATION PROCESS @ A GL ANCE
Education Registration Form

 One-time fee “ THE MORE

 NACM’s National Education Department
begins to track your progress
YOU LEARN ,
THE MORE  
CBA
YOU  EARN”
Have you earned a 4-year
degree and have 10 years Course Requirements Roadmap Requirements
experience in credit with  Business Credit Principles  None
125 Roadmap points?  Basic Financial Accounting
 Financial Statement
CCRA
or… Analysis 1
 CBA Exam Application Course Requirements
Do you have 15 years
experience, 57 years of age  Basic Financial Accounting
or older, and 125 Career CBA Exam  Financial Statement Analysis 1
Offered 4x per  Financial Statement Analysis 2
Roadmap Points? year
or…
Attending the CBF
Graduate School of
Credit and Financial Course Requirements Roadmap Requirements
Management (GSCFM)?  Business Law  75 Points Certification
 Credit Law
 CBF Exam Application
Holders average
6% higher salaries
CBF Exam
Offered 4x per
than those with 
year no certification

CCE
Course Requirements Roadmap Requirements
 Graduate School of Credit  125 points
and Financial Management
 CCE Exam Application CCE HOLDERS
AVERAGE
10,000 CREDIT
CCE Exam
Offered 4x per
year
9% HIGHER
PROFESSIONALS SALARIES THAN
HOLD THOSE WITH NO
CERTIFICATIONS CERTIFICATION

Does your company International Designations

export or sell
globally?
CICP ICCE
Requirements Requirements Points
 International Credit and Risk Management  Certified International Credit  10 Education
Course (ICRM) Professional (CICP)  10 Participation

For more information contact the NACM National Education Department at [email protected] or 410-740-5560.

2 Professional Certification Program

 Course Map
Business Credit Principles
 Available at your NACM Affiliate
 Available at NACM’s Credit Congress
 Available 24/7 on the Credit Learning Center
 Available at NACM Headquarters
“I had an awesome experience! The courses
Basic Financial Accounting covered were both refreshing and value-adding.”
 Available at your NACM Affiliate — Mike Adewole, CBF
 Available as an Online Instructor-led Course Roche Diagnostics Corporation
 Credits from University or Community College Accepted

Financial Statement Analysis 1

 Available at your NACM Affiliate
 Available 24/7 on the Credit Learning Center, purchase includes textbook
 Available at NACM Headquarters
 Credits from University or Community College Accepted

Financial Statement Analysis 2 “The CICP course introduced me to a myriad

Available at NACM Headquarters

 Available at NACM’s Credit Congress
of information that I had no clue about, and
I look forward to using my newfound knowledge
Business Law in future credit-making decisions.”
 Available at your NACM Affiliate — Andrea Barney, CICP
 Available 24/7 on the Credit Learning Center, purchase includes textbook CED

Credit Law
 Available at your NACM Affiliate
 Available 24/7 on the Credit Learning Center, purchase includes textbook

Graduate School of Credit and Financial Management (GSCFM)

 2-Year, 2-Week Summer Program Offered at American University in Washington, DC

International Credit and Risk Management (ICRM)

 Available as an Online Instructor-led Course provided by FCIB

For more information contact the NACM National Education Department at [email protected] or 410-740-5560.

Professional Certification Program 3

 How to Begin the Professional Certification Process

Step I. Register with the NACM-National Step II. Complete the Appropriate
Education Department Designation Application
To begin the certification process, complete the NACM-National The CBASM, CCRASM, CBFSM and CCE® designations have their own
Education Department Registration Form found in this brochure or application form available in this brochure and on the NACM-
on the NACM-National website. Registration requires a one-time, National website. To apply for a designation and the examination,
non-refundable fee and must be submitted before registering to you must complete the appropriate form and submit it with the
take the CBASM, CCRASM or CCE® designation exam. Confirmation corresponding, non-refundable fee. Each designation application
of your registration will be sent to you once all of the information fee covers a formal evaluation of your file, examination costs and,
listed below is received. upon successful completion of a designation exam, a certificate
attesting to your achievement. The application fee may not be
Information to Send with Registration Form divided, reduced or transferred due to failing the exam, withdraw-
ing from the program or refusal of the certificate.
1. Copy of Resume or Summary of Professional Experience
• CBASM Application Form
2. Certificates, Continuing Education Earnings Records,
• CCRA SM Application Form
End of Course Certificates, Educational Seminars • CBF SM Application Form
Send as much information as possible about any continuing
• CCE® Application Form
education earnings you have already completed. You can
obtain these records from the sponsors of the conferences and An application must be signed and accompanied by the proper
seminars you attended. For example, if you attended a local application fee in order to be processed.
NACM Affiliate-sponsored event, that association is responsible
for maintaining your continuing education earnings records. Step III. Complete an NACM Career Roadmap
Along with the CBFSM and CCE® designation applications, you
In the future, simply forward your participation earnings must submit the NACM Career Roadmap. (The CBASM and CCRASM
from educational seminars and conferences to the NACM- designations do not require Career Roadmap submission.) The
National Education Department so that an up-to-date record Roadmap enables you to assess your professional accomplish-
is maintained in your file. By continually doing so, all of your ments. A total of 75 Roadmap points is needed to qualify for the
earnings records are consolidated in one place instead of being CBFSM designation and a total of 125 points is needed to qualify
maintained by several different program sponsors. for the CCE® designation. Points are awarded for formal and
continuing education, work experience, participation at local and
Why is a resume needed for my file? national NACM offices, as well as special activities in which you
may be involved. Your Roadmap will be reviewed and verified, after
Resumes, like transcripts, help to form a well-rounded
which you will be notified of your status. Completed paperwork
file. It gives the NACM-National Education Department
is due eight weeks prior to the scheduled exam date to ensure
additional information about a candidate. In addition,
time for a thorough evaluation.
anyone wishing to progress to the CBFSM and CCE®
levels must have a resume on file, as it verifies work ex-
Keep a copy of your Roadmap accessible and add points to it as
perience for Career Roadmap points.
you attend classes and participate in activities and events. Save
a complete copy of your Roadmap for future reference each time
3. Official Transcripts From Undergraduate or you submit it with a designation application.
Graduate Colleges or Universities
Have the college or university send an official transcript
directly to the NACM-National Education Department for
evaluation. The transcript must be received directly from your
college—photocopies are not acceptable. If your transcripts
are already on file with NACM-National, you need not have
them sent again unless you have taken additional courses.

Do I have to send in original transcripts?

If you are relying on your college classes to fulfill the
required course work for either the CBASM or CBFSM, we
need official transcripts (with raised seal and registrar
stamp) to verify those courses. Photocopies are not
accepted. If you have completed the CAP program and
have not relied on previous college courses, we still ask
that you have your official transcripts sent to us. This
way, we will have them on file if you choose to pursue
the CBFSM or CCE®.

4 Professional Certification Program

 Credit Business AssociateSM Certified Credit and Risk AnalystSM
The Credit Business AssociateSM (CBASM) is an academic-based The Certified Credit and Risk AnalystSM (CCRASM) is an academ-
designation. The three courses needed to qualify for this desig- ic-based designation, which signals mastery in the analysis and
nation are: interpretation of financial statements and the ability to make
informed credit risk assessments.
• Basic Financial Accounting
• Financial Statement Analysis 1
• Business Credit Principles The three courses needed to qualify for this designation are:

Courses can be taken in any order, but it helps to have accounting • Basic Financial Accounting
knowledge before Financial Statement Analysis 1. There is no • Financial Statement Analysis 1
minimum work experience requirement and the NACM Career • Financial Statement Analysis 2: Credit and Risk Assessment
Roadmap is not required for this designation. The final exam for the Financial Statement Analysis 2: Credit and
Risk Assessment course serves as the designation exam. There is
no minimum work experience requirement and the NACM Career
I have been in credit for many years...Can I use
Roadmap is not required for this designation.
my work experience to waive the CBA Business
Credit Principles course requirement?
Though you may have many years of experience in the
credit profession, the National Accreditation Committee
has concluded that the Business Credit Principles course
is an essential foundation for anyone in credit. Some
material may be a review for some students, but will only
serve to enhance or refresh your knowledge base.

Course work for the CCRASM and CBASM designations may be obtained in the following ways:

Basic Financial Accounting Financial Statement Analysis 2: Credit and Risk

1. One full semester or two quarters of basic financial Assessment
accounting at a college or 1. The certificate session when offered at NACM’s National
2. NACM-National’s online accounting course or Headquarters or
3. Your local NACM Affiliated Association sponsored course. 2. The certificate session when offered at NACM’s Credit
Congress.
Financial Statement Analysis 1
1. One full semester or two quarters of basic financial state- Business Credit Principles
ment analysis at a college or 1. NACM-National’s online, self-paced course through the
2. NACM-National’s online Financial Statement Analysis 1 Credit Learning Center or
course through the NACM Credit Learning Center, or 2. The certificate session when offered at NACM’s National
3. The certificate session, when offered at NACM’s National Headquarters or
Headquarters or 3. The certificate session when offered at NACM’s Credit
4. Your local NACM Affiliated Association sponsored course.
Congress or
4. Your local NACM Affiliated Association sponsored course.

Professional Certification Program 5

 Credit Business FellowSM

The Credit Business FellowSM (CBFSM) is an academic- and participa-

tion-based designation that affirms achievers are knowledgeable
about and have contributed to the field of business credit by
first having earned the CBASM designation, as well as having
completed additional course work. The CBFSM signals competence
in business and credit law. CBFSM designation applicants must
have accumulated 75 Career Roadmap points. An updated copy
of your resume should accompany your CBFSM Application form
and completed Career Roadmap. The courses needed to qualify
for this designation are:
• Business Law (Contracts, Negotiable Instruments)
• Credit Law (UCC, Bankruptcy, Antitrust)
Business Law should be completed before Credit Law. A minimum
passing grade of C or higher is necessary to successfully complete
each course. If you are taking a college course, it is recommended
that information about the course be sent to the NACM-National
Education Department for course equivalency evaluation prior
to enrollment. If you have completed this course work, you must
submit details about the course’s curriculum; please send either
a course outline or description so that course equivalency may
be evaluated.

Business Law
This course requirement may be fulfilled by successfully
completing either:
1. One semester of Business Law or the Legal Environment of
Business at a college.
2. NACM-National’s independent, online Business Law
course.
3. Your local NACM Affiliated Association sponsored course.

Credit Law
This course requirement may be fulfilled by successfully
completing either:
1. NACM-National’s online, self-paced course through the
Credit Learning Center.
2. One semester of Advanced Business Law or Business Law II
at a college. Before taking a college course, please submit
course information to the NACM-National Education
Department for equivalency evaluation.
3. NACM-National’s independent, online Credit Law course.
4. Your local NACM Affiliated Association sponsored course.

6 Professional Certification Program

 Certified Credit Executive®

The Certified Credit Executive® (CCE®) is NACM’s highest designa- CCP (FCI) Holders
tion that endorses its achievers as capable of managing the credit Anyone holding the Certified Credit Professional (CCP), (formerly
function at an executive level. Candidates must pass a rigorous FCI) certification, Canada’s credit designation, who would like to
exam that tests application skills in the areas of accounting, become a CCE® should register and apply for the CCE® designation.
finance, domestic and international credit concepts, management Roadmap points and work experience qualifications will be
and law. CCE®s are required to recertify every three years, further waived for all CCPs in light of the intensive course regime and
endorsing their commitment to continuing education, self-im- testing process required of them in Canada. Candidates need
provement and advancement in the business credit profession. not complete the Career Roadmap but must submit a copy
of the certificate attesting to CCP designation, official college
CCE®: Plan A transcripts and a current resume. CCPs who register and apply
Plan A is an alternative option for candidates who may not have for the CCE® examination must also take and pass the same exam
been in credit for 10 years. This plan is designed for candidates as all domestic candidates.
who show the determination to pursue continuing education and
higher career goals at a faster pace. You must have successfully CCE® Recertification
earned the CBASM and CBFSM designations and submit a Career CCE®s must apply for recertification every three years until age
Roadmap showing 125 documented points. 60 (or until age 55 and have officially retired from the credit and
financial management field). During each three-year period, a total
CCE®: Plan B of six recertification points must be earned. Three of the six points
Plan B requires the applicant to have earned a four-year college must be participation points and the other three (or 30 hours) must
degree from an accredited institution, in addition to 10 years of be continuing education points. Participation points are awarded
experience in credit or financial management and 125 Career for your NACM membership, attendance at NACM-National’s Credit
Roadmap points. Congress and other activities. Recertification education points can
be earned by completing a select number of self-study courses or
CCE®: Plan C attending advanced level continuing education programs. View
Plan C is an alternative designed for candidates 57 years of age or or download the CCE® Recertification Form.
older, who may not have earned a degree from a four-year college
or university, and have at least 15 years of experience in credit or When you reach age 60 (or age 55 and have formally retired), you
financial management and 125 Roadmap points. should notify the NACM-National Education Department so that
you may be granted lifetime certification. To be eligible for lifetime
certification, your CCE® designation must be in good standing.
Second Year GSCFM® Students
Upon successfully completing the second year of the Graduate
School of Credit and Financial Management® program, students Is the Career Roadmap really required?
may take the CCE® designation exam. The standard application Yes, the Roadmap is required if you are pursuing either
requirements are waived, though these students must take and the CBFSM or CCE® designation. The Roadmap docu-
pass the CCE® exam to earn the designation. For more information ments your work experience, CEUs, course work and
visit the Graduate School of Credit and Financial Management®. involvement with NACM and its Affiliates. If you are pur-
suing your CBASM or CCRASM, it is not required.

Professional Certification Program 7

 Testing Procedures and Information

National Exam Date Schedule You are encouraged to study for the examination. For the CBASM
The dates for the CBASM, CBFSM and CCE® exams are published on and CBFSM designations, test questions are drawn from the material
the last page of this brochure and on NACM-National’s website. The covered in the required courses. Because NACM reserves the
exam test date schedule may be modified from time to time; all right to update the exams, qualified candidates should reference
exam candidates will receive updated information and schedules the current study outlines to prepare for the exam. All of the
with their written eligibility confirmation if this occurs. recommended study texts can be purchased through the NACM-
National Bookstore.
Your registration form, application form, corresponding fees and
documented Career Roadmap (if applicable) must be received CBASM and CBFSM Online Practice Exams are intended to provide a
by the NACM-National Education Department by the day of sampling of the official exam’s format and content. They are not
the paperwork deadline to ensure a formal evaluation of your intended to reflect the exact number of questions on any specific
information for each exam. You will receive written confirmation subject nor are they reflective of the exact number of questions
of your file status approximately four weeks from the date your found on the official exam. The Online Practice Exams are meant
paperwork is received. for study preparation and as a tool to become comfortable with
the testing process.
Testing
Certification exams are administered in accordance with the CBASM, CBFSM and CCE® exam reviews are available in an audio/
national test date schedule. No cell phones, books, notes or visual format through NACM’s online Credit Learning Center. Your
reference materials are permitted in the exam room; however, local NACM Affiliate may also offer designation exam reviews.
hand-held calculators are permitted. Exam results are released
in writing as pass or fail (unsatisfactory) only. Numeric grades are Exam Retake Fee
not released. Candidates receiving a failing result will be given Should your exam results be unsatisfactory, you may retake any of
study suggestions to help prepare to retake the exam. the designation exams on the next scheduled test date. You must
complete and send the exam retake form found in this brochure
along with the appropriate retake fee to the NACM-National
Education Department. Your form should be received by the
NACM-National Education Department at least 30 days prior to
the scheduled test date. The CBASM retake fee is $99, the CBFSM
retake fee is $99 and the CCE® retake fee is $125. These fees are
valid through December 31, 2019.

Exam Rescheduling and Fees

The NACM-National Education Department must receive written
notification of your wish to change exam dates at least two weeks
prior to the exam date. A $150 fee is charged if you reschedule later
than two weeks prior to the examination date, or are a no-show
for the examination. This fee applies each time you reschedule
or cancel later than two weeks prior to the exam.

Testing Expirations
Candidates must take the appropriate designation exam within
one year of written eligibility and must pass the exam within three
years of eligibility. Failure to complete the process by taking or
passing the exam will require the candidate to reapply.

Certificates and Lapel Pins

Upon successful completion of the required exams, a compli-
mentary certificate of achievement is awarded from the NACM-
National Education Department. Lapel pins may also be purchased
to display your designation achievement. Information about the
pins will be sent to you with your designation award notification.

8 Professional Certification Program

 Testing Recap: Frequently Asked Questions

What if I miss the paperwork submission deadline? When will I receive my exam results?
If your paperwork arrives in our office after the specified deadline, CBASM and CBFSM candidates will receive their exam results, either
we cannot guarantee an evaluation of your file in time for the pass or fail, within three to five days of the exam date. CCE®
upcoming exam. candidates will receive their exam results, either pass or fail,
within seven to 10 days of the exam date.
How do I obtain a study guide and materials
for an exam? Can I get my exam results over the phone?
Study guides are available on the NACM website. Books recom- We do not release test results over the phone. Exam results are
mended on the study outlines may be purchased from the NACM released in writing with copies being sent only to the member’s
Bookstore. CBASM and CBFSM Online Practice Exams are available Affiliate.
from NACM-National’s website. The practice exams offer a sampling
of the official exam’s format and content. If I am unable to sit for the exam date I selected, can I
reschedule for another date?
The Credit Learning Center offers CBASM, CBFSM and CCE® reviews. If there is a need to reschedule your exam date due to an emergency
Click here for more information. or extenuating circumstances, we ask that you notify us in writing
two weeks prior to the original selected exam date. If you do not
Can I get copies of my graded exam sent to me? reschedule your exam appointment and fail to show up to take
the exam, you will be subject to a rescheduling/no-show fee.
We do not release any of the exams to test candidates (neither
Please be aware that you must take the exam within one year of
graded nor clean exams are released). your written approval, or you must reapply.

National Scholarship Foundation

A National Scholarship Foundation has been established to assist NACM members are eligible and encouraged to apply for a national
NACM members in continuing their education and achieving scholarship. For further information on the process and the
professional designations. Funds are raised from generous dona- available scholarship offerings, please click here or contact the
tions from the NACM community and afford many people the NACM Meetings Department at 410-740-5560.
opportunity to continue investing in the future of our profession.

Canons of Business Credit Ethics

The Cornerstone of the global business economy is the extension of commercial credit. As such, business credit executives, as the
guardians of commercial receivables, play the vital and critical role of ensuring the flow of commercial goods and services that support
world commerce.

In fulfilling their professional duties, business credit professionals pledge to conduct their duties within the constraints of law and to
not maliciously injure the reputation of others. Further, business credit professionals pledge themselves to the highest professional
standards and principles and to guarding and securing, in confidence, information obtained for the sole purpose of analyzing and
extending commercial credit.

Credit professionals pledge to:

• Adhere to the highest standards of integrity, trust, fairness, personal and professional behavior in all business dealings.
• Negotiate verbal or written credit agreements, contracts, assignments and/or transfers with honesty, fairness and due diligence
to and for the benefit of all parties.
• Render reasonable assistance, cooperating with impartiality and without bias or prejudice, to debtors, third parties and other
credit professionals.
• Exchange appropriate, historical and current factual information to support the process of independent credit decisions.
• Exercise due diligence as required to prevent unlawful or improper disclosure to third parties.
• Disclose any potential conflict in all business dealings.
Further, credit professionals acknowledge the importance of and shall promote the benefits of continued improvement of their
knowledge, skills and expertise in business credit. The pursuit of knowledge will support the strategic advancement of the commercial
credit function, as it leads businesses to profitability and growth.

Professional Certification Program 9

 NACM-National Education Department Registration Form

Submit to: 8840 Columbia 100 Parkway, Columbia, MD 21045-2158

I hereby request with the submission of this completed form and non-refundable fee that a file be established in my name by the NACM-National
Education Department. The information below will be used only for the tracking and maintenance of your personal, confidential record.

Mr./Ms. First Name Middle or Maiden Name Last Name

Title Business Email Address

Company

Business Mailing Address City State/Province Zip/Postal Code Country

Business Shipping Address City State/Province Zip/Postal Code Country

Direct Business Telephone Main Business Telephone

Home Shipping Address City State/Province Zip/Postal Code Country

Home Telephone Home Email Address

Birth Month/Day (MM/DD) __________  The name of my local NACM Affiliated Association: _______________________________________

­I want to establish my personal file with this registration. I have attached to this form (check all that apply):

☐  Documentation of CEUs earned to date ☐  A current resume or summary of my professional experience

☐ To complete my file, I will request that official copies of all transcripts be sent by universities and/or colleges directly to the NACM-
National Education Department

Application Fee:   ☐  Member: $175   ☐  Non-member: $350

☐  A check, made payable to NACM-National Education Department, is attached.

Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

By submitting this application for registration, I fully understand that it is for registration purposes only. I further understand that I must meet
further requirements to begin the certification process. By my signature, I agree to subscribe to the NACM Canons of Business Credit Ethics
with the knowledge that any false statement or misrepresentation that I make in the course of these proceedings may result in the revocation
of this registration and prohibit me from participating in the professional certification program.

Signature of Applicant Date

I understand that by providing my mailing address, email address, or telephone numbers, I consent to receive communications sent by or
on behalf of the National Association of Credit Management (NACM), FCIB-NACM, Inc., and its subsidiaries and Affiliated organizations, via
regular mail, email, or telephone.

Signature of Applicant Date

Return completed form to:

NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158 • Fax: 410-740-5574 • Email: [email protected]

10 Professional Certification Program

 Application for the Credit Business AssociateSM (CBASM) Designation

Applicant Information

Mr./Ms. First Name Middle or Maiden Name Last Name

Title Business Email Address

Company

Business Mailing Address

City State/Province Zip/Postal Code Country

Business Shipping Address

City State/ Province Zip/Postal Code Country

Direct Business Telephone Main Business Telephone

Home Address

City State/ Province Zip/Postal Code Country

Home Telephone Personal Email Address

Birth Month/Day (MM/DD) __________ The name of my local NACM Affiliated Association: _______________________________________

I understand that I must already be registered with the National Education Department. (If you are not already registered, please attach a
registration form, with the appropriate fee, to this form.)

I understand that a non-refundable fee must accompany this application. This fee covers the CBASM designation process. I further understand
that should I fail to complete this process by not taking the exam within one year of my written approval, I will need to reapply. The application
fee is not divisible; no part will be refunded should I not complete the process.

Application Fee:   ☐  Member: $235   ☐  Non-member: $470

☐  A check, made payable to NACM-National Education Department, is attached.

Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

Please send all correspondence related to this application to:

☐  Home address   ☐  Business address

I plan to sit for the CBASM exam on the following date:

☐  March 9, 2020 (Paperwork Deadline: January 17) ☐  March 8, 2021 (Paperwork Deadline: January 15)
☐ June 14, 2020 exam given at NACM’s Credit Congress in ☐ May 16, 2021 exam given at NACM’s Credit Congress in
Las Vegas, NV only (Paperwork deadline: April 17) Kansas City, MO only (Paperwork deadline: March 19)
☐  July 27, 2020 (Paperwork Deadline: May 29) ☐  July 26, 2021 (Paperwork Deadline: May 28)
☐  November 9, 2020 (Paperwork Deadline: September 4) ☐  November 8, 2021 (Paperwork Deadline: September 10)

Professional Certification Program 11

 Application for the Credit Business AssociateSM (CBASM) Designation

Required Course Work:

Please indicate how you completed each course by checking the applicable box and providing any additional information requested
below:

Basic Financial Accounting

☐ NACM-National’s online accounting course. Indicate final grade and dates of attendance.

☐ NACM Affiliated Association sponsored course. Indicate name of NACM Affiliate and date course was completed. Attach end of
course certificate or grade report.

☐ College course. Record the institution where the course was taken. Official transcripts must be sent by the college or university
to the NACM-National Education Department. Courses must be taken at degree-granting institutions only.

Financial Statement Analysis 1

☐ NACM-National’s online Credit Learning Center course.
☐ NACM-National’s Certificate Session course taken at NACM’s National Headquarters. Indicate dates of attendance.

☐ NACM Affiliated Association sponsored course. Indicate name of NACM Affiliate and date course was completed. Attach end of
course certificate or grade report.

☐ College course. Record the institution where the course was taken. Official transcripts must be sent by the college or university
to the NACM-National Education Department. Courses must be taken at degree-granting institutions only.

☐ Other applicable Financial Analysis 1 course.

Business Credit Principles

☐ NACM-National’s online Credit Learning Center course.
☐ NACM National’s Certificate Session course taken at NACM’s National Headquarters or NACM’s Credit Congress.
Indicate dates of attendance.

☐ NACM Affiliated Association sponsored course. Indicate name of NACM Affiliate and date course was completed. Attach end of
course certificate or grade report.

12 Professional Certification Program

 Application for the Credit Business AssociateSM (CBASM) Designation

Testing Location
The exam will be given at your local affiliated association office unless special, advanced arrangements are made. If you wish to test
at a location different from your affiliate office (must be approved by NACM), please provide proctor information below. Proctors
must be in a supervisory role or a human resource representative from your company.

Proctor Name

Proctor Title

Shipping Address (street address only)

Email Phone

☐ Check here if upon receiving the CBASM designation, you would like NACM to notify your immediate supervisor (only one name
please) of your achievement. The NACM president should send the notification to:

Mr./Ms. Name of Supervisor Supervisor’s Title

Company

Mailing Address

City State/Province Zip/Postal Code Country

Direct Phone Email Address

I hereby apply for admission to the Credit Business AssociateSM (CBASM) Designation.
I understand that I must take and pass the CBASM exam before achieving this designation.
I have met all of the requirements for this designation as outlined in the NACM Professional Certification brochure. By my signature, I
agree to uphold the NACM Canons of Business Credit Ethics with the knowledge that any false statement or misrepresentation that I
make in the course of these proceedings may result in the revocation of this application, forfeiture of the application fee and prohibit
me from participating in the Professional Certification Program. I further agree to conduct myself in all business dealings so as to
reflect honor and merit upon the financial and business credit profession.

Signature of Applicant Date

I understand that by providing my mailing address, email address and telephone number, I consent to receive communications
sent by or on behalf of the National Association of Credit Management (NACM), FCIB-NACM, Inc.,
and its subsidiaries and Affiliated organizations, via regular mail, email or telephone.

Signature of Applicant Date

☐  Check here to opt out of the congratulatory listing published in Business Credit magazine.

Return completed form to:

NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158 • Fax: 410-740-5574 • Email: [email protected]

Professional Certification Program 13

 Application for the Certified Credit and Risk AnalystSM (CCRASM) Designation

Applicant Information

Mr./Ms. First Name Middle or Maiden Name Last Name

Name as it should appear on all correspondence and certificate

Title Business Email Address

Company

Business Mailing Address

City State/Province Zip/Postal Code Country

Business Shipping Address

City State/ Province Zip/Postal Code Country

Direct Business Telephone Main Business Telephone

Home Address

City State/ Province Zip/Postal Code Country

Home Telephone Personal Email Address

Birth Month/Day (MM/DD) __________ The name of my local NACM Affiliated Association: _______________________________________

I understand that I must already be registered with the National Education Department. (If you are not already registered, please attach a
registration form, with the appropriate fee, to this form.)

I understand that a non-refundable fee must accompany this application. This fee covers the CCRASM designation process. I further
understand that should I fail to complete this process by not taking the exam within one year of my written approval, I will need to reapply.
The application fee is not divisible; no part will be refunded should I not complete the process.

Application Fee:   ☐  $150 (Member)   ☐  $300 (Non-member)

☐  A check, made payable to NACM-National Education Department, is attached.

Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

Please send all correspondence related to this application to:   ☐  Home address   ☐  Business address

☐  I hereby apply for admission to the Certified Credit and Risk Analyst (CCRASM) Designation

14 Professional Certification Program

 Application for the Certified Credit and Risk AnalystSM (CCRASM) Designation

Required Course Work:

This section of the application form must be completed and signed to process the application as a whole. Please complete the
following applicable sections only. If a category does not pertain to you, you may disregard it. You must show evidence of having
completed the course work requirements:
1.  Basic Financial Accounting
2.  Financial Statement Analysis 1
3.  Financial Statement Analysis 2, Credit and Risk Assessment
Please indicate how you completed each course by checking the applicable box and providing any additional information requested
below:

Basic Financial Accounting

☐ NACM-National’s online accounting course. Indicate final grade and dates of attendance.

☐ NACM Affiliated Association sponsored course. Indicate name of NACM Affiliate and date course was completed. Attach end of
course certificate or grade report.

☐ College course. Record the institution where the course was taken. Official transcripts must be sent by the college or university
to the NACM-National Education Department. Courses must be taken at degree-granting institutions only.

Financial Statement Analysis 1

☐ NACM-National’s online Credit Learning Center course.
☐ NACM-National’s Certificate Session course taken at NACM’s National Headquarters. Indicate dates of attendance.

☐ NACM Affiliated Association sponsored course. Indicate name of NACM Affiliate and date course was completed. Attach end of
course certificate or grade report.

☐ College course. Record the institution where the course was taken. Official transcripts must be sent by the college or university
to the NACM-National Education Department. Courses must be taken at degree-granting institutions only.

☐ Other applicable Financial Analysis 1 course.

Professional Certification Program 15

 Application for the Certified Credit and Risk AnalystSM (CCRASM) Designation

Financial Statement Analysis 2, Credit and Risk Assessment

☐ NACM-National’s Certificate Session course taken at NACM’s National Headquarters or Credit Congress. Indicate dates of
attendance.

Indicate name of NACM Affiliate and date course was completed. Attach end of course certificate or grade report.

☐ College course. Record the institution where the course was taken. Official transcripts must be sent by the college or university
to the NACM-National Education Department. Courses must be taken at degree-granting institutions only.

☐ Other applicable Financial Analysis 2 course.

I understand that I must take and pass the final exam for the Financial Statement Analysis 2, Credit and Risk Assessment course before
achieving this designation.

I have met all of the requirements for this designation. By my signature, I agree to uphold the NACM Canons of Business Credit Ethics with
the knowledge that any false statement or misrepresentation that I make in the course of these proceedings may result in the revocation of
this application, forfeiture of the application fee and prohibit me from participating in the Professional Certification Program. I further agree
to conduct myself in all business dealings so as to reflect honor and merit upon the financial and business credit profession.

Signature of Applicant Date

I understand that by providing my mailing address, email address and telephone numbers, I consent to receive communications
sent by or on behalf of the National Association of Credit Management (NACM), FCIB-NACM, Inc., and its subsidiaries and
affiliated organizations, via regular mail, email or telephone.

Signature of Applicant Date

Return completed form to: NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158
Fax: 410-740-5574 or Email to [email protected].

16 Professional Certification Program

 Application for the Credit Business FellowSM (CBFSM) Designation

Applicant Information

Mr./Ms. First Name Middle or Maiden Name Last Name

Title Business Email Address

Company

Business Mailing Address

City State/Province Zip/Postal Code Country

Business Shipping Address

City State/ Province Zip/Postal Code Country

Direct Business Telephone Main Business Telephone

Home Address

City State/ Province Zip/Postal Code Country

Home Telephone Personal Email Address

Birth Month/Day (MM/DD) __________ The name of my local NACM Affiliated Association: _______________________________________

I understand that I must have earned the Credit Business Associate (CBASM) to apply for this designation.

I understand that a non-refundable fee must accompany this application. This fee covers the CBFSM designation process. I further understand
that should I fail to complete this process by not taking the exam within one year of my written approval, I will need to reapply. The application
fee is not divisible; no part will be refunded should I not complete the process.

Application Fee:   ☐  Member: $285   ☐  Non-member: $570

☐  A check, made payable to NACM-National Education Department, is attached.

Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

Please send all correspondence related to this application to:

☐  Home address   ☐  Business address

I plan to sit for the CBFSM exam on the following date:

☐  March 9, 2020 (Paperwork Deadline: January 17) ☐  March 8, 2021 (Paperwork Deadline: January 15)
☐ June 14, 2020 exam given at NACM’s Credit Congress in ☐ May 16, 2021 exam given at NACM’s Credit Congress in
Las Vegas, NV only (Paperwork deadline: April 17) Kansas City, MO only (Paperwork deadline: March 19)
☐  July 27, 2020 (Paperwork Deadline: May 29) ☐  July 26, 2021 (Paperwork Deadline: May 28)
☐  November 9, 2020 (Paperwork Deadline: September 4) ☐  November 8, 2021 (Paperwork Deadline: September 10)

Professional Certification Program 17

 Application for the Credit Business FellowSM (CBFSM) Designation

Testing Location
The exam will be given at your local affiliated association office unless special, advanced arrangements are made. If you wish to test
at a location different from your affiliate office (must be approved by NACM), please provide proctor information below. Proctors
must be in a supervisory role or a human resource representative from your company.

Proctor Name

Proctor Title

Shipping Address (street address only)

Email Phone

☐ Check here if upon receiving the CBFSM designation, you would like NACM to notify your immediate supervisor (only one name
please) of your achievement. The NACM president should send the notification to:

Mr./Ms.

Name of Supervisor Supervisor’s Title

Company

Mailing Address

City State/Province Zip/Postal Code Country

Direct Phone Email Address

I hereby apply for admission to the Credit Business Fellow (CBFSM) Designation. I understand that I must take and pass the CBFSM
exam before achieving this designation.
I have met all of the requirements for this designation as outlined in the NACM Professional Certification brochure and have attached
a completed copy of the NACM Career Roadmap showing completion of the required course work. By my signature, I agree to uphold
the NACM Canons of Business Credit Ethics with the knowledge that any false statement or misrepresentation that I make in the
course of these proceedings may result in the revocation of this application, forfeiture of the application fee and prohibit me from
participating in the Professional Certification Program. I further agree to conduct myself in all business dealings so as to reflect
honor and merit upon the financial and business credit profession.

Signature of Applicant Date

I understand that by providing my mailing address, email address and telephone number, I consent to receive communications
sent by or on behalf of the National Association of Credit Management (NACM), FCIB-NACM, Inc.,
and its subsidiaries and Affiliated organizations, via regular mail, email or telephone.

Signature of Applicant Date

☐  Check here to opt out of the congratulatory listing published in Business Credit magazine.

Return completed form to:

NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158 • Fax: 410-740-5574 • Email: [email protected]

18 Professional Certification Program

 Application for the Certified Credit Executive® (CCE®) Designation

Applicant Information

Mr./Ms. First Name Middle or Maiden Name Last Name

Name as should appear on all correspondence and certificate

Title Business Email Address

Company

Business Mailing Address City State/Province Zip/Postal Code Country

Business Shipping Address City State/Province Zip/Postal Code Country

Direct Business Telephone Main Business Telephone

Home Address City State/Province Zip/Postal Code Country

Home Telephone Home Email Address

Birth Month/Day (MM/DD) ________________ The name of my local NACM Affiliate: ______________________________________

I understand that I must already be registered with the National Education Department. (If you are not already registered, please attach a
registration form, with the appropriate fee, to this form.)

I understand that a non-refundable fee must accompany this application. This fee covers the CCE® designation process. I further understand
that should I fail to complete this process by not taking the exam within one year of my written approval, I will need to reapply. The application
fee is not divisible; no part will be refunded should I not complete the process.

Application Fee:   ☐  Member: $385   ☐  Non-member: $770

☐  A check, made payable to NACM-National Education Department, is attached.

Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

Please send all correspondence related to this application to:

☐  Home address   ☐  Business address

I plan to sit for the CCE® exam on the following date:

☐  March 9, 2020 (Paperwork Deadline: January 17) ☐  March 8, 2021 (Paperwork Deadline: January 15)
☐ June 14, 2020 exam given at NACM’s Credit Congress in ☐ May 16, 2021 exam given at NACM’s Credit Congress in
Las Vegas, NV only (Paperwork deadline: April 17) Kansas City, MO only (Paperwork deadline: March 19)
☐  July 27, 2020 (Paperwork Deadline: May 29) ☐  July 26, 2021 (Paperwork Deadline: May 28)
☐  November 9, 2020 (Paperwork Deadline: September 4) ☐  November 8, 2021 (Paperwork Deadline: September 10)

Professional Certification Program 19

 Application for the Certified Credit Executive® (CCE®) Designation

Testing Location
The exam will be given at your local affiliated association office unless special, advanced arrangements are made. If you wish to test at a
location different from your affiliate office (must be approved by NACM), please provide proctor information below. Proctors must be in a
supervisory role or a human resource representative from your company.

Proctor Name

Proctor Title

Shipping Address (street address only)

Email Phone

I hereby apply for admission to the Certified Credit Executive (CCE®) Designation one of the plans defined below: (Choose One)

☐  Plan A: 125 documented roadmap points and having earned the CBASM and CBFSM
☐  Plan B: 125 documented roadmap points, 10 years of experience and having earned a four-year college degree
☐  Plan C: 125 documented roadmap points, 15 years of experience and 57 years of age or older
☐  GSCFM: Upon successful completion of the second year of the Graduate School of Credit and Financial Management®
☐  CCP Holder: Holder of the Certified Credit Professional (CCP) Certification of Canada

☐ Check here if upon receiving the CCE® designation, you would like NACM to notify your immediate supervisor (only one name please) of
your achievement. The NACM president should send the notification to:

Mr./Ms. Name of Supervisor Supervisor’s Title

Company

Mailing Address

City State/Province Zip/Postal Code Country

Direct Phone Email Address

I understand that I must take and pass the CCE® exam before achieving this designation. I also understand that should I earn the CCE®
designation that I will need to recertify every three years until age 60 or until age 55 and formally retired.

I have met all of the requirements for this designation as outlined in the NACM Professional Certification brochure and have attached a
completed copy of the NACM Career Roadmap. By my signature, I agree to uphold the NACM Canons of Business Credit Ethics with the
knowledge that any false statement or misrepresentation that I make in the course of these proceedings may result in the revocation of this
application, forfeiture of the application fee and prohibit me from participating in the Professional Certification Program. I further agree to
conduct myself in all business dealings so as to reflect honor and merit upon the financial and business credit profession.

Signature of Applicant Date

I understand that by providing my mailing address, email address and telephone number, I consent to receive communications
sent by or on behalf of the National Association of Credit Management (NACM), FCIB-NACM, Inc.,
and its subsidiaries and Affiliated organizations, via regular mail, email or telephone.

Signature of Applicant Date

☐  Check here to opt out of the congratulatory listing published in Business Credit magazine.

Return completed form to:

NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158 • Fax: 410-740-5574 • Email: [email protected]

20 Professional Certification Program

 NACM Career Roadmap

To submit this Roadmap:

1. You must be registered with the NACM-National Education Department.
2. Attach the appropriate designation application and fee to this Roadmap.
Please read all instructions carefully before completing this form. Please enter your self-score for each item in the box. Points
may be earned in any of the three sections, with no minimum or maximum needed in any one section. Please be sure to sign the
Roadmap once completed. It must be signed to be evaluated. Make a copy of your completed Roadmap for your personal records.

Mr. or Ms. ____ First Name:_____________________ Middle or Maiden:__________________ Last Name:______________________

Birth Month/Day (MM/DD): _________________________________________________

Check the designation for which you are applying:
☐  CBFSM 75 Documented Roadmap Points, having earned the CBASM and completed the two course requirements
☐ CCE® ☐  Plan A: 125 Documented Roadmap Points and having earned the CBASM and CBFSM
☐  Plan B: 125 Documented Roadmap Points, 10 Years Experience and having earned a four-year college degree
☐  Plan C: 125 Documented Roadmap Points, 15 years experience and 57 years of age or older

Section I – Education

A. Undergraduate Courses (1 point per 3 credit hours / 40 points max)

points Graduate Courses (2 points per 3 credit hours / 30 points max)
Record courses taken beyond high school. This includes courses taken at degree-granting institutions only.
Points will be granted even if a degree was not earned. Official grade transcripts must be sent by the university or
college to the NACM-National Education Department to document these points.

Institution Degree/Major Credit(s) Date

B. NACM Formal Programs (60 points max)

points • NACM In-House Certificate Sessions • Graduate School of Credit & Financial
(10 points each) Management® (GSCFM®)
(30 points for completing the full program;
10 points per year attended if you did not
complete the program)

Program Location Year Completed

Professional Certification Program 21

 NACM Career Roadmap

C. CBF Required Courses (1 point per course / 2 points max)

points Record Business Law and Credit Law courses taken through NACM-National or through an NACM local Affiliate or
through a college or university. Official transcripts must be received for verification purposes.

Course Name Sponsor/Location Grade Date

D. Self-Study Courses (1 point per course / 20 points max)

points Self-study courses are taken at your own pace outside of school and are sponsored by NACM, professional
associations or organizations. Attach a copy of your course certificate(s) as documentation of your successful
completion of each course.

Course Name Sponsor/Location Total Hours/CEUs Earned Grade Date

E. Continuing Education at Conferences, Seminars and Meetings, and Webcast Plus

points (0.1 point per 1 hour/ 40 points max)
This includes continuing education received at locally, regionally or nationally sponsored education gatherings,
which involves live in-person and Webcast Plus sessions, as well as employee-sponsored sessions. All continuing
education points are based on session content, session length and your attendance. For every hour of continuing
education you receive, you may award yourself 0.1 CEU. If you attended an employee-sponsored session, please
attach evidence of CEUs earned or a copy of the educational offering brochure or meeting notice for each entry.
Use the supplemental Information section on the last page if more space is needed. You may earn a max of
5 points through Webcast Plus.

Event Name Event Sponsor Location or Webcast Plus   Date CEU

22 Professional Certification Program

 NACM Career Roadmap

F. Completion of NACM CAP Program (10 points)

points
 Applicable only if all required CBA courses are completed
through your local NACM Affiliated Association.

G. Completion of NACM ACAP Program (15 points)

points
Applicable only if all required CBF courses are completed
through your local NACM Affiliated Association.

H. Achievement of the of the NACM/FCIB Designations:

CBASM designation (8 points)

points
List date earned: __________________

CBFSM designation (5 points)

points
List date earned: __________________

CCRASM designation (3 points)

points
List date earned: __________________

CICPSM designation (5 points)

points
List date earned: __________________

Section I Subtotal
points

Section II – Work Experience and Special Interests

A. Work Experience (2 points for each year of experience / 40 points max)

points Points are granted for your business credit and financial management related full-time work experience. Because
a maximum of 40 points may be earned, if you have more than 20 years experience in the field, list your most
current experience. Please attach a current resume if it is not already on file.

Employer City/State/Province Position/Title Dates

Total number of years experience in credit management:   __________

Professional Certification Program 23

 NACM Career Roadmap

B. Service as a Mentor (5 points for each mentee / 5 points for each award / 30 points max)
points If you have served as a mentor, please list the name(s) of the people you have mentored. Mentoring can include
training or coaching new employees. Please attach a typed 250-word or less statement describing how you
served as the mentor to each person listed below. If the individual you have listed as a mentee achieves either
the CCRASM, CBASM, CBFSM or CCE® designation, you may claim 5 points for each award.

Mentee’s Name Mentee’s Company Mentee’s Telephone Number Mentee’s Certification Date

C. Instructor at a Degree-Granting Institution or a Non-Degree Program

points
(5 points for each course / 15 points max)
If you have taught (full or part-time) at a degree-granting institution or are an instructor for an NIC, CAP or ACAP
program, you may receive credit in this section. Please attach copies of the course brochures listing you as an
instructor or have the course sponsor verify your service by letter.

College/University Location Title of Course Taught Course Hours Year

D. Panelist or Speaker (1 point for each 2 hours of speaking / 15 points max)

points If you have served as a panelist or speaker at a conference, seminar or meeting, you may award yourself one
point for every two hours of speaking. Please list different speaking engagements separately. Please attach
documentation of each item listed. Copies of a brochure, meeting notice or a letter from the event sponsor are
acceptable documentation.

Program Sponsor Session Name Session Length Location Date

E. Articles Published (5 points for each article / 20 points max)

points The article must pertain to credit, finance or business, be published and must be at least 250 words or more.
Articles may appear in in-house publications, newsletters or Business Credit magazine. Unpublished papers and
manuscripts do not qualify. Attach a copy of the article(s) to this form.

Publication Name Title of Article Date

24 Professional Certification Program

 NACM Career Roadmap

F. Special Consideration (5 points max)

points Please describe special career accomplishments for consideration in this section. You may describe any work,
procedure, policy or accomplishment for which you have been personally responsible. The accomplishment
must be related to an improvement in the business credit and financial management field. If necessary, describe
the item for special consideration on a separate sheet and attach it to this form. Qualification and final point
value will be determined by the NACM-National Education Department.

G. Volunteer and Community Service (1 point per year / 5 points max)

points List any religious, civic, fraternal or charity work you have performed. Please provide details below.

Section II Subtotal
points

Section III – National, Local and Regional Participation

Participation points include national, regional NACM Affiliate activities and local CFDD Chapter activities. This section may be sent to
the appropriate NACM or CFDD representative for verification.

A. Volunteer National and Local Executive Service (60 points max)

points Volunteer executive service includes your service to national or local committees, task forces or board of
directors. List service within the past five years.
• Service as a National Committee or Work Group Member (3 points for each term / 15 points max)
• Service as a National Committee or Work Group Chair (4 points for each term / 20 points max)
• Service as a Member of a National Task Force (4 points for each term / 20 points max)
• Service as a National Task Force Chair (5 points for each term / 20 points max)
• Service as a Member of a National Board of Directors (5 points for each term / 30 points max)
• Service as a Director of a National Board of Directors (6 points for each term / 24 points max)
• Service as an Officer of a National Board of Directors (7 points for each term / 28 points max)
• Service as the Chair of a National Board of Directors (10 points for each term / 30 points max)
• Service on a local Committee or Work Group (2 points for each term / 20 points max)
• Service as a local Committee or Work Group Chair (3 points for each term / 21 points max)
• Service on a local Board of Directors (4 points for each term / 12 points max)
• Service as an Officer of a Board (5 points for each term / 10 points max)
• Services as a local Chairman or CEO of a Board (5 points for each term / 10 points max)

Sponsor Board/Committee/Group Name Position Term Served Points

Professional Certification Program 25

 NACM Career Roadmap

B. Attendance at Nationally, Regionally or Locally Sponsored Educational Events

points
(75 max)
List events attended within the past 5 years. If necessary, list additional events on a separate sheet and attach.
• Participation in National Events (5 points each)
• Participation in Regional or Local Events (3 points each)

Sponsor Event Name Location Date

C. Participation in Audio Teleconferences, Web Seminars, and Webcast Plus

points (1 point each / 15 points max)
List the sponsored audio teleconferences, webinars, and Webcast Plus in which you have participated.
You must be the registered participant to receive points. Your name will be verified through the program’s
attendance roster.

Sponsor Event Name Speaker Name Date

D. Industry Credit Groups

points Points are awarded for your participation in, and service to, local, regional or national industry credit groups.
List meetings attended and service to industry credit group committees within the past 5 years. If necessary, list
additional entries on a separate sheet and attach to this form.
• Participation in Industry Credit Groups (1 point for each year / 15 points max)
• Service as a local, regional or national credit group (2 points for each year / 10 points max)
committee member
• Service as a local, regional or national credit group (3 points for each year / 9 points max)
committee chair

E. Honors, Awards and Achievements (1 point per award)

points List any national, local or regional awards received or presented personally to you during your career. The honors
and awards must be related to the field of business credit and financial management. Examples are National or
Local Credit Executive of the Year and Employee of the Month or Year. Please attach either a copy of the certificate
or a letter stating your achievement from the award sponsor.

Award Sponsor Name of Award Date Received

26 Professional Certification Program

 NACM Career Roadmap

F. Contributions to Business Credit Magazine (1 point per article)

points List Business Credit articles that you have contributed to in the last five years. Attach a copy of the article(s) to this form.

Article Title Publication Date

G. Participation in National Surveys (.1 point per each survey instance / 10 points max)
points List any nationally sponsored surveys in which you participated in the last five years (e.g., Credit Managers’ Index,
Business Credit Compensation Study, NACM Monthly Survey, etc.).

Survey Name Number of Instances

H. Corporate Accounts Receivable Data Sharing/Contribution

points
(1 point per year / 5 points max)
If your company contributes its Accounts Receivable Data to an NACM Affiliate credit reporting database, your
company is contributing to the welfare of the business community. One participation point per year for full file
contribution.

Name of NACM Affiliate receiving your data contribution: Dates of Contribution

Section III Subtotal

points

Section IV – Roadmap Summary

Section I – Education: points

Section II – Work Experience and Special Interest: points

Section III – National, Local and Regional Participation: points

TOTAL ROADMAP POINTS: points

I hereby submit this Career Roadmap for evaluation and verification by the NACM-National Education Department. I fully understand
that the Department will verify the claims made for points herein. I understand that any false statement or misrepresentation that
I make in the course of these proceedings may result in the revocation of this application and prohibit me from participating in the
professional certification program.

Signature Date

Professional Certification Program 27

 NACM Career Roadmap

Supplemental Information

28 Professional Certification Program

 NACM Exam Retake Form

Mr./Ms.

First Name Middle or Maiden Name Last Name

Birth Month and Day (MM/DD) Company

Business Telephone

Business Email Address Home Telephone

Local Affiliate Office

I plan on attempting a designation exam on the date indicated below. I have completed this form as notification of my intent and will
return it along with the accompanying non-refundable fee by the paperwork deadline for the specified exam date. I understand that
all exam fees must be paid prior to attempting the exam. I further understand that I have up to three years from the date of my written
confirmation to pass the exam and that after this time I will have to reapply. The exam will be given at my local Affiliate office, unless
special advanced arrangements have been made. I have notified my Affiliate office to confirm my status and time to attempt the exam.
If there is a need to reschedule the exam date, I will notify the NACM-National Education Department in writing via mail or fax two
weeks prior to my original selected exam date. I understand that if I do not reschedule my exam appointment and fail to show up to
take the exam, I will be subject to a rescheduling/no-show fee.

Exam Date:
☐  March 9, 2020 (Paperwork Deadline: January 17)
☐ June 14, 2020 exam given at NACM’s Credit Congress in Las Vegas, NV only (Paperwork deadline: April 17)
☐  July 27, 2020 (Paperwork Deadline: May 29)
☐  November 9, 2020 (Paperwork Deadline: September 4)
☐  March 8, 2021 (Paperwork Deadline: January 15)
☐ May 16, 2021 exam given at NACM’s Credit Congress in Kansas City, MO only (Paperwork deadline: March 19)
☐  July 26, 2021 (Paperwork Deadline: May 28)
☐  November 8, 2021 (Paperwork Deadline: September 10)

Exam to be taken:
(Choose one)   ☐  CBASM ($99)   ☐  CBF SM ($99)   ☐  CCE® ($125)

☐  A check, made payable to NACM-National Education Department, is attached.
Charge to:   ☐ VISA   ☐ MasterCard   ☐  American Express   ☐  Discover Card

Card Number Card Security Code Expiration Date

Cardholder’s Name Cardholder’s Signature

Credit Card Billing Address

☐  Check here to opt out of the congratulatory listing published in Business Credit magazine.

Return completed form to:

NACM Education Dept., 8840 Columbia 100 Parkway, Columbia, MD 21045-2158 • Fax: 410-740-5574 • Email: [email protected]

Professional Certification Program 29

 Online Self-Study Courses

Credit Learning Center Self-Paced Courses Online Facilitator-Guided Self-Study Courses

Business Credit Principles The NACM-National Education Department offers three facilita-
The Business Credit Priciples course is presented online in NACM’s tor-guided, self-study courses online: Basic Financial Accounting,
Credit Learning Center as a collection of 29 individual 50-minute Business Law and Credit Law. These courses are presented in
audio/visual presentations given by 13 different carefully selected, three sessions throughout the year, typically beginning in January,
expert instructors. The course material corresponds to the NACM May and September. Upon successfully completing these 10 to
text, Principles of Business Credit, Eighth Edition. (A complimentary 15-week courses with scores of 70 percent or higher, students
copy of the text is included with the purchase of the course.) Upon receive certificates of achievement and earn course equivalency
successful completion of this online, independent study course, you toward CBASM, CCRASM and CBFSM designation requirements.
should understand the role of credit in financial management, the
components of effective credit department systems and procedures, Online Accounting
specific government regulations that pertain to business credit, This course presents an introduction to basic financial account-
credit policy procedures, selling terms, negotiable instruments, ing. Students begin at square one, learning the foundation of
the Uniform Commercial Code, credit investigations, financing and accounting principles. As the language of business, accounting
insurance, business credit fraud, factors associated with credit is essential to business professionals.
limits, out-of-court settlements and bankruptcy.
*T his course satisfies the CBA SM and CCRA SM Basic Financial
*This course satisfies the CBA Business Credit Principles course
SM
Accounting course requirement.
requirement.
Business Law
Financial Statement Analysis 1 With the legal environment of business constantly changing, it is
The Financial Statement Analysis 1 course is available in NACM’s imperative to have a solid understanding of the laws that affect
Credit Learning Center as 6 individual 50-minute audio/visual business and credit. This course is designed to introduce students
presentations presented by Professor Emeritus Frederick Scherr. to the basics of law, the legalities of contracts, and the emerging
Students read the accompanying text, Understanding Financial importance placed upon laws affecting cyber crimes.
Statements, NACM Custom Edition which is included with the
purchase of the course. *This course satisfies the CBFSM Business Law course requirement.

This is an introductory course in financial (accounting) statements Credit Law

and their analysis. It reviews the basic financial statements, A continuation of the Business Law course, Credit Law looks more
quality issues in using these statements, and the analysis of these closely at negotiable instruments, debtor-creditor relationships,
statements for the purposes of making credit decisions. antitrust laws and bankruptcy issues.

The course includes analysis of financial statements issued by *This course satisfies the CBFSM Credit Law requirement.
companies using simple ratio analysis techniques and analysis of
the statement of cash flows. The course presents the content and
purpose of financial statements and analytical techniques used
to evaluate the operating efficiency, profitability and financial
risk of a firm.

*This course satisfies the CBASM and CCRASM Financial Statement

Analysis 1 course requirement.

Credit Law
The Credit Law course is available in NACM’s Credit Learning Center
as 23 individual modules presented by Mr. Rod Wheeland. Students
will use the two accompanying textbooks, Manual of Credit and
Commercial Laws and Business Law Today. This course is designed
to teach the student about the various legal aspects of business
credit. Module topics include: Business Organizations, Commercial
Transactions, and Government Regulation and Compliance.

*This course satisfies the CBFSM Credit Law requirement.

For more information or to access a registration form, please visit NACM-National’s

website at www.nacm.org and select “Education” or call 410-740-5560.

30 Professional Certification Program

 NACM Bookstore

Accounting, Custom 27th Edition Manual of Credit and

Warren, Reeve, and Duchac Commercial Laws,
Textbook 2020 Edition,
Price Four Volume Set
*CBASM, CCRASM Price
*CBFSM, CCE®

Accounting, 27th Edition, Manual of Credit and

Working Papers Commercial Laws,
Price 2020 Edition,
*CBASM, CCRASM Volume I
Price
*CBFSM, CCE®

Business Law Today, 12th Edition Manual of Credit and

Miller Commercial Laws,
Textbook 2020 Edition,
Price Volume II
*CBFSM Price
*CBFSM, CCE®

Manual of Credit and

Credit Management: Commercial Laws,
Principles and Practices, 4th Edition 2020 Edition,
Dr. Charles L. Gahala, CCE Volume III
Price Price
*CBASM, CCE® *CBFSM, CCE®

Manual of Credit and

Commercial Laws,
2020 Edition,
Principles of Business Credit, Volume IV
8th Edition Price
Textbook *CBFSM, CCE®
Price
*CBASM
* Recommended study texts

Pricing and title availability on all textbooks are

Understanding Financial Statements, subject to change without prior notice. Please
11th Edition check our website, www.nacm.org, or call
Lyn Fraser and Aileen Ormiston 410-740-5560 for current pricing information,
Textbook return policy or general questions.
Price
*CCRASM, CBASM and CCE®
National Association of Credit Management
8840 Columbia 100 Parkway
Columbia, MD 21045-2158
Phone: 410-740-5560
Fax: 410-740-5574
Email: [email protected]
Web: www.nacm.org

Professional Certification Program 31

 Professional
Certification
Program
Test Dates

Exam Date Paperwork Deadline

Monday, March 9, 2020 January 17, 2020

Sunday, June 14, 2020 April 17, 2020

Credit Congress, Las Vegas, NV

Monday, July 27, 2020 May 29, 2020

Monday, November 9, 2020 September 4, 2020

Monday, March 8, 2021 January 15, 2021

Sunday, May 16, 2021 March 19, 2021

Credit Congress, Kansas City, MO

Monday, July 26, 2021 May 28, 2021

Monday, November 8, 2021 September 10, 2021

National Association of Credit Management

Professional Certification Program
8840 Columbia 100 Parkway
Columbia, MD 21045-2158
Phone: 410-740-5560  •  Fax: 410-740-5574
Email: [email protected]
Web: www.nacm.org