Credit Business Associate^sm (CBA^sm) 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:

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 125-150 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 and 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.

Principles of Business Credit, 8th Edition

Chapter 1: Credit in the Business World Chapter 2: Credit in the Company Chapter 3: Organizing the Credit Department Chapter 4: The Credit and Sales Partnership Chapter 5: Legal Forms of Business Chapter 6: Legal Environment of Credit Chapter 7: The Uniform Commercial Code Chapter 8: Credit Policy and Procedures Chapter 9: Credit Applications

Chapter 10: Terms and Conditions of Sale Chapter 11: Credit Investigations Chapter 12: Business Credit Fraud Chapter 13: Making Credit Decisions Chapter 14: International Trade Chapter 15: Financing and Business Insurance Chapter 16: Negotiable Instrument Chapter 17: Bankruptcy Code Proceedings Chapter 18: Bankruptcy Alternatives

Accounting, 27th 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 and Payroll Chapter 12: Accounting for Partnerships and Limited Liability Companies Chapter 13: Corporations: Organization, Stock Transaction, and Dividends Chapter 16: Statement of Cash Flows

Understanding Financial Statements

Chapter 1: Financial Statements: An Overview Chapter 2: The Balance Sheet Chapter 3: Income Statement and Statement of Stockholders' Equity Chapter 4: Statement of Cash Flows Chapter 5: The Analysis of Financial Statements

Credit Management: Principles & Practices, 4th 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: Managing Credit Policy Chapter 5: Legislation and Regulations Pertinent to Business Credit Decision Making Chapter 6: Conducting the Credit Investigation Chapter 7: Business Credit Reporting

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 Credit and Sales Partnership