By Owings, Julie A.
Business Credit , Vol. 93, No. 8
The recertification process for Certified Credit Executives (CCEs) is simple, if you know the facts. Although recertification is geared towards experience in the credit field, it does, however, take into account experience related to business credit management, which, in fact, encompasses a wide range of topics.
"Continuing professional development activities is essential to enable business credit executives to stay at the leading edge of proficiency with rapidly changing economic conditions," says Dr. Maurice H. Margotta, Jr., vice president of the Credit Research Foundation (CRF). CRF manages and administers NACM's formal education programs and activities.
To recertify, CCEs must report to the CCE Registrar that they have earned at least six professional points, three education points and three participation points, every three years. A simple application form must be filled out and returned to NACM's National Institute of Credit (NIC), along with a renewal fee of $100.
Points for recertification can be accumulated anytime from the date appearing on the CCE certificate (or from the last date of recertification) to the September immediately preceding the recertification date. For example, those certified and receiving a certificate dated 1988 must file a record of six professional points with the CCE Registrar by September 30, 1991 to reach recertification on January 2, 1992. A CCE will receive lifetime certification at age 60.
The Accreditation Board has identified a wide variety of educational activities and leadership initiatives through which a certification may be maintained. They are divided into 13 categories. Each activity carries a point value, or fraction of a point. For a detailed list of point values check with the NIC. A summary of approved activities follows.
* participation in NIC approved educational
programs and programs of allied
* participation in educational programs
offered by CRF, NIC, Credit and Financial
Development Division (CFDD), or
Finance, Credit, and International Business
(FCIB) groups, and approved conferences
and speeches on credit management
* participation in other pre-approved programs
and courses that apply to business
credit management; or,
* completion of pre-approved home study
courses sponsored by a qualified institution
applicable to advanced business
credit management. …