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Business Credit Principles

Event

When:
Sat, May 18, 2019 - Wed, May 22, 2019
Where:
Gaylord Rockies - Aurora, Colorado
Category:
Certification Courses

Description

Business Credit Principles

About the Program

This intensive program offers a comprehensive look at the credit function. Upon successful completion, 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 and 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.

 

General Information

 

Program Overview

This program satisfies a requirement for the Credit Business Associate (CBA) designation. Using the textbook, Principles of Business Credit, 7th Edition, published by NACM, participants will receive in-depth exposure to:

Credit in the Business World
Credit in the Company
Organizing the Credit Department
The Legal Environment of Credit
Credit Policy and Procedures
Terms and Conditions of Sale
Negotiable Instruments
The Uniform Commercial Code
The Legal Forms of Business
Credit Investigations
Know Your Customer
International Trade
Financing and Business Insurance
Business Credit Fraud
Making Credit Decisions
Customer Visits
The Credit and Sales Partnership
Out-of-Court Settlements
Bankruptcy Code Proceedings
Financial Statements
Financial Analysis Fundamentals
Analysis and Forecasting of Credit and Receivable Information

business credit course

Program Instructor

business credit instructor Toni DrakeToni Drake, CCE is the President of TRM Financial Services, Inc., a company specializing in consulting and outsourcing services in the area of business credit and collections. Ms. Drake launched The Connection Center in 2005, which focuses on training and education in credit and collections, including financial statement analysis, as well as in the areas of professional development. Ms. Drake has been a member of NACM since 1984, and began teaching CAP classes and various educational sessions in 1997. Ms. Drake served as the NACM National Chairman of the Board in 2013. She is an alumni of the NACM Graduate School of Credit and Financial Management at Dartmouth College. She was awarded the Credit Executive of the Year Award by NACM-Southwest and was awarded the CCE Designation of Excellence Award by NACM National in 2008.

Program Prerequisites

There are no prerequisites for this course though a basic knowledge of accounting principles is helpful.

Find out how you can complete an NACM
Certification Program requirement
in one week.

 

 

Program Schedule

Day One

I. Financial Overview

Credit in the Business World

Lunch Break

Credit Policy

Understanding Negotiable Instruments

Day Two

II. The Credit Decision-Development

Decision Procedures

Lunch Break

Legal Forms of Business

Comprehensive Review and Mid-term Exam
This review and mid-term exam will cover the material presented in class on Tuesday and Wednesday.

Day Three

III. The Credit Decision - Investigation

IV. The Credit Decision - Financial Statements: Understanding
Fundamentals of Financial Analysis

Lunch in the Expo Hall

Day Four

IV. The Credit Decision - Financial Statements: Understanding Fundamentals of Financial Analysis – continued

Lunch in the Expo Hall

V. Collection Procedures

Defining Collections

Bankruptcy Code Proceeding

Management Reports

Day Five

Comprehensive Review and Final Exam

In order to give you sufficient time to take the final exam, we strongly recommend that your return flight be scheduled to depart after 5:00pm on the final day of the program or the following morning.

 

*Schedule is subject to change.

 

 


Venue

Location:
Gaylord Rockies - Website