The Accounts Receivable Certification Programs

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Accounts Receivable
Certification
The Standard of Excellence for
Accounts Receivable Professionals
Engage • Lead • Excel
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Be recognized for your experience and skills
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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.
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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.
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Certification
The curriculum for TARN’s Accounts Receivable Certification
Programs covers:
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Order Processing
Credit Management
Billing
Cash Receipt and Application
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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.
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Leverage TARN certification resources
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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.
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» E mployers increasingly seek only those professionals who possess
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Employers Seek Certified Employees
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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.
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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]
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