NACM Brochures 2015 NACM Professional Certification Program - Page 25

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 facilitatorguided, self-study courses online: Basic Financial Accounting, Business Law and Credit Law. These courses are presented in three sessions throughout the year, typically beginning in January, May and September. Upon successfully completing these 10 to 15-week courses with scores of 70 percent or higher, students receive certificates of achievement and earn course equivalency toward CBASM, CCRASM and CBFSM designation requirements. The Business Credit Priciples course is presented online in NACM’s Credit Learning Center as a collection of 29 individual 50-minute audio/visual presentations given by 13 different carefully selected, expert instructors. The course material corresponds to the NACM text, Principles of Business Credit, Seventh Edition. (A complimentary copy of the text is included with the purchase of the course.) Upon successful completion of this online, independent study course, you should understand the role of credit in financial management, the components of effective credit department systems and procedures, specific government regulations that pertain to business credit, credit policy procedures, selling terms, negotiable instruments, the Uniform Commercial Code, credit investigations, financing and insurance, business credit fraud, factors associated with credit limits, out-of-court settlements and bankruptcy. * his course satisfies the CBASM Business Credit Principles course T requirement. Financial Statement Analysis I The Financial Statement Analysis I course is available in NACM’s Credit Learning Center as 6 individual 50-minute audio/visual presentations presented by Professor Emeritus Frederick Scherr. Students read the accompanying text, Understanding Financial Statements, NACM Custom Edition which is included with the purchase of the course. This is an introductory course in financial (accounting) statements and their analysis. It reviews the basic financial statements, quality issues in using these statements, and the analysis of these statements for the purposes of making credit decisions. The course includes analysis of financial statements issued by 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. Online Accounting This course presents an introduction to basic financial accounting. Students begin at square one, learning the foundation of accounting principles. As the language of business, accounting is essential to business professionals. * his course satisfies the CBASM and CCRASM Basic Financial T Accounting course requirement. Business Law With the legal environment of business constantly changing, it is imperative to have a solid understanding of the laws that affect business and credit. This course is designed to introduce students to the basics of law, the legalities of contracts, and the emerging importance placed upon laws affecting cyber crimes. *This course satisfies the CBFSM Business Law course requirement. Credit Law A continuation of the Business Law course, Credit Law looks more closely at negotiable instruments, debtor-creditor relationships, antitrust laws and bankruptcy issues. *This course satisfies the CBFSM Credit Law course requirement. * his course satisfies the CBASM and CCRASM Financial Statement T Analysis I course requirement. For more information or to access a registration form, please visit NACM-National’s website at and select “Education” or call 410-740-5560. 25