NTS REC E OU C C • IOFM I V N R TA M • TA R N R ATI O P R O G N M RT IC IO F A CE IF S LE TH AB EA Accounts Receivable Certification The Standard of Excellence for Accounts Receivable Professionals Engage • Lead • Excel 1 B VA TH CO U N T S R E C TARN • IOF M EI E AC LE OF C A M • TA R N M TIO N PROGRA IF I Be recognized for your experience and skills T S I CERT Accounts Receivable Certification he Accredited Receivable Specialist (ARS) and Accredited Receivable Manager (ARM) designations set the standard in the accounts receivable profession and are global symbols of excellence for professionals who work in accounts receivable, orderto-cash and payments. Sponsored by The Accounts Receivable Network (TARN), part of the Institute of Finance and Management (IOFM), the ARS and ARM certifications signify that a practitioner has mastered an understanding of the comprehensive knowledge required to perform at the highest levels in today’s complex financial environment. » » » Make yourself more valuable to your current employer and to potential employers D emonstrate your understanding of industry best practices and your commitment to the profession Connect with your peers The Accounts Receivable Certification Programs were designed to publicly recognize those who have achieved a high level of proficiency so that AR professionals and their departments can get the recognition they deserve for these efforts. AR departments can achieve Departmental Certification (ARD) when 60% or more of the members of an accounts receivable department, excluding clerks, hold the ARM or ARS certification. » » » Certification The curriculum for TARN’s Accounts Receivable Certification Programs covers: » » » » Order Processing Credit Management Billing Cash Receipt and Application » » » » Collections Payments Processing Internal Controls Accounting, Records & Regulation "Having our AR Analysts certified by IOFM says to the entire company that we value the role these employees play in effectively managing one of the largest assets of the company. The employees have told us how much they appreciate our investment in their professional learning and development." —Ken Sayers, ARMD, APMD VP, Shared Financial Services, Southwire Eligibility For Certification Accredited Receivables Manager (ARM) No degree..........................5 years related work experience 2-year degree....................4 years related work experience 4-year degree....................2 years related work experience Advanced degree............1 year related work experience Accredited Receivables Specialist (APS) No degree..........................3 years AP experience 2-year degree....................2 years AP experience 4-year degree....................1 year AP experience Departmental Certification A minimum of 60% of the members of an accounts receivable department, excluding clerks, must hold their ARM or ARS certification. Departments achieving an 85% certification rate may hold Platinum Certification. Certified AR professionals earn salaries 10% to 14% higher, on average, compared to their peers who are not certified, research shows. 2 B VA TH CO U N T S R E C TARN • IOF M EI E AC LE I S I OF C A M • TA R N M TIO N PROGRA IF Leverage TARN certification resources CERT Prepare with Confidence If you are ready to take the next steps towards professional certification, choose the study preparation that is right for you. » The Accounts Receivable Certification Examination Study Guide contains everything you need to prepare for the exam. The manual was developed by a team of TARN subject matter experts and reviewed by subject matter experts with specific expertise in the various topics addressed. » AR Certification Review is a 3 ½ hour video instruction featuring a qualified team of accounts receivable experts. You’ll learn what you need to focus on in order to gain a thorough understanding of AR processes and to prepare for the exam. This self-study option is available 24/7. » Live Certification Training Seminars are held periodically throughout the country. » If your entire team is getting certified, TARN can arrange for an expert instructor to teach on-site and proctor the exam. Call TARN at 207-842-5651 for more information. The certification examination was developed under the guidance of Prometric, a leading corporate certification and education program developer and consultant. The examination can be taken in conjunction with a live training program or online 24/7. The Exam CONTENT OF THE EXAMS Category/Section................................ARSARM Category/Section................................ARSARM Order Processing.......................................... 10%5% Collections...................................................... 20%15% Credit Management.................................... 20%15% Internal Controls........................................... 10%10% Billing................................................................ 15%10% Accounting Records & Regulation......... 10%10% Cash Receipt, Cash Application............... 15%10% Management....................................................0%25% ..........................................................................100%100% Each exam comprises 100 multiple choice questions. You will have 90 minutes to complete the exam. 3 TH B VA LE I OF C A M • TA R N M TIO N PROGRA I S IF » E mployers increasingly seek only those professionals who possess CERT Employers Seek Certified Employees CO U N T S R E C TARN • IOF M EI E AC a verifiable combination of skills and experience and who can understand trends impacting the business They look for individuals who can identify and realize cost savings and process improvements. Accreditation provides a tangible way for AR professionals to stand out in the crowd to prove they are highly skilled, serious about advancing in and serving their organization, and who demonstrate expertise and commitment to AR perfection. Certification places you in the exclusive group of accredited AR professionals around the world whose skills are recognized and acknowledged – you get the respect you deserve. Earning continuing education credits guarantees that you keep abreast of new developments in your field, and it sets you apart, increasing your value to your organization or to prospective employers. EA NTS REC EI OU V N • IOFM TAR IC S IO F M • TA R N R ATI O P R O G N M RT IF A CE TARN Accounts Receivable Certification Programs LE TH CC AB More and more employers faced with critical staffing decisions are looking at certification as the differentiator in prospective employees. In fact, many organizations actively seek people who are certified. Start advancing your career today! Learn more about TARN certification programs at www.tarn.com/certification or by calling (207) 842-5651. Learn more about TARN certification programs: www.tarn.com/certification or (207) 842-5651 The Institute of Finance and Management Diversified Communications 121 Free Street Portland ME 04101 www.tarn.com | [email protected] 4
© Copyright 2024