Credit Business Associatesm
(CBAsm) Exam Study Outline
Recommended
Texts:
The following textbooks, all of which are available for purchase
through the NACM
Bookstore, should be used to prepare for the exam:
- Principles of Business Credit,
5th Edition, by NACM
- Accounting by Warren, Reeve &
Duchac or any college level financial accounting text
- Understanding Financial Statements
by Lyn Fraser
- Credit Management: Principles and Practices
by Dr. Charles Gahala, CCE (optional, review text)
This guide outlines the chapters
covered by the CBA exam. Please be aware that this study outline
is intended as a general guide for preparing for the examination.
In-depth preparation (study sessions, seminars, self-study courses,
etc.) is recommended in conjunction with reviewing the material
within this study outline.
CBA Exam
Format:
The CBA exam typically consists of approximately 125-50 true/false
and multiple choice questions of an equal point value. Exam questions
are drawn from the recommended texts covering any or all of the
suggested topics. The exam may require the preparation of a balance
sheet, an income statement, a statement of cash flows, or common
size analysis (vertical or horizontal). Candidates have three
hours in which to complete the exam, may not use texts or notes,
but may use hand-held calculators during the examination. Candidates
must earn a score of 70% to pass this examination. NACM reserves
the right to change the format of the exam at any time.
If you are in any way uncertain about the references or topics
listed, please contact the National Education Department for clarification
prior to the exam.
Understanding Financial Statements,
8th Edition
Chapter 1: Financial Statements:
An Overview
Chapter 2: The Balance Sheet
Chapter 3: The Income Statement and Statement of Stockholders’
Equity
Chapter 4: Statement of Cash Flows
Chapter 5: The Analysis of Financial Statements
Principles Of Business Credit,
5th Edition
Chapter 1: Credit in the Business
World
Chapter 2: Credit in the Company
Chapter 3: Organizing the Credit Department
Chapter 4: The Legal Environment of Credit
Chapter 5: Credit Policy and Procedures
Chapter 6: Terms and Conditions of Sale
Chapter 7: Negotiable Instruments
Chapter 8: The Legal Forms of Business
Chapter 9: The Uniform Commercial Code
Chapter 10: Credit Investigations
Chapter 11: Know Your Customer
Chapter 12: International Trade
Chapter 13: Financing and Business Insurance
Chapter 14: Business Credit Fraud
Chapter 15: Making Credit Decisions
Chapter 16: Customer Visits
Chapter 17: The Credit and Sales Partnership
Chapter 18: Out-of-Court Settlements
Chapter 19: Bankruptcy Code Proceedings
Accounting, 22nd
Edition
If you are using another accounting
text, compare these topics against those in a different text.
Chapter 1: Introduction to Accounting
and Business
Chapter 2: Analyzing Transactions
Chapter 3: The Adjusting Process
Chapter 4: Completing the Accounting Cycle
Chapter 5: Accounting Systems
Chapter 6: Accounting for Merchandising Businesses
Chapter 7: Inventories
Chapter 8: Sarbanes Oxley, Internal Controls, and Cash
Chapter 9: Receivables
Chapter 10: Fixed Assets and Intangible Assets
Chapter 11: Current Liabilities
Chapter 12: Accounting for Partnerships and Limited Liability
Corporations
Chapter 13: Corporations: Organization, Capital Stock Transactions,
and Dividends
Chapter 16: Statement of Cash Flows
Credit Management: Principles &
Practices, 3rd edition
Part I: An Introduction to Business
Credit Management
Chapter 1: The Changing Nature of Credit Management
Part II: Credit Policy and the Extension of Credit
Chapter 4: Management Credit Policy
Chapter 5: Legislation and Regulations Pertaining to Business
Credit Decision Making
Chapter 6: Conducting the Credit Investigation
Chapter 7: Business Credit Reporting Services
Part III: Credit, Collection, and Analysis
Chapter 8: A Systematic Approach to Effective Collection Activity
Chapter 9: Financial Statement Analysis
Part IV: Secured Credit and Bankruptcy
Chapter 11: Secured Credit Arrangements and Letters of Credit
Chapter 12: Bankruptcy and Reorganization
The National Education Department
The National Association of Credit Management
8840 Columbia 100 Parkway
Columbia, MD 21045-2158
Telephone: 410/740-5560
Fax: 410/740-5574
E-Mail:
