Top 11 Accounting Clerk Certifications
Updated 17 min read
Certifications are important for an accounting clerk in the job market because they can demonstrate a higher level of knowledge and expertise. Certified accounting clerks have proven that they have the necessary skills and qualifications to be successful in their chosen profession. Certifications also provide employers with assurance that they are hiring someone who has been properly trained and is knowledgeable in the areas of accounting, bookkeeping, and financial analysis. They also show potential employers that an individual is committed to their career development and is willing to invest time and money into gaining additional certifications. Finally, certifications may offer greater access to higher-paying job opportunities or promotions within existing companies.
The purpose of this article is to review the top certifications for Accounting Clerks and explain how they can help to advance an accounting clerk's career.
What are Accounting Clerk Certifications?
Accounting clerk certification is a professional credential that verifies an individual’s knowledge and proficiency in accounting principles, practices, and procedures. It is usually obtained after completing a course or program from an accredited institution. The certification can help individuals demonstrate their commitment to professionalism and competence in the field of accounting.
Having certification may also give someone an edge when applying for accounting positions as employers often prefer certified professionals due to the added assurance of their knowledge and skills. Additionally, many employers offer salary increases or bonuses for those who are certified, making it beneficial for individuals to pursue this credential.
Finally, obtaining a certification shows that the individual has taken the initiative to develop their career by investing in themselves and furthering their education—a quality that employers will often find attractive in applicants.
Pro Tip: When considering getting certified as an accounting clerk, make sure to research the different certifications available and determine which one best meets your needs. Additionally, check with potential employers to see if they have any specific certifications or requirements that you should meet in order to qualify for the position.
Related: What does an Accounting Clerk do?
Top 11 Accounting Clerk Certifications
Here’s our list of the best certifications available to Accounting Clerks today.
1. Certified Public Accountant (CPA)
Certified Public Accountant (CPA) is a professional designation given to individuals who have passed the Uniform CPA Examination and met additional state education and experience requirements for certification as a CPA. A CPA is licensed by the state in which they practice and is responsible for attesting to the accuracy of financial statements, preparing tax returns, and providing other services related to accounting and financial management.
To become a CPA, candidates must meet certain educational requirements, such as passing the Uniform CPA Examination. The exam consists of four sections: Auditing & Attestation (AUD), Business Environment & Concepts (BEC), Financial Accounting & Reporting (FAR), and Regulation (REG). The exam takes approximately 16 hours to complete over two days.
In addition to passing the exam, most states require that candidates have at least 150 semester hours of college credit in accounting or business-related courses. Some states also require that candidates have one year of experience working under the supervision of a licensed CPA before they can be certified.
The cost of becoming a CPA varies by state, but typically includes fees for exam registration, application fees for licensure, continuing education courses, and any other fees associated with maintaining your license. The total cost can range from $1,000-$2,500 depending on individual circumstances.
2. Certified Management Accountant (CMA)
Certified Management Accountant (CMA) is a professional certification offered by the Institute of Management Accountants (IMA). It is designed for accounting and finance professionals who want to demonstrate their expertise in financial planning, analysis, control, decision support, and professional ethics. The CMA credential is highly sought after by employers in many industries.
To become a CMA, one must meet certain eligibility requirements such as having a bachelor’s degree from an accredited college or university plus two years of professional experience in management accounting or financial management. In addition, candidates must pass the CMA exam which consists of two parts: Part 1 – Financial Planning, Performance and Control; and Part 2 – Financial Decision Making.
The exam takes approximately 4-6 months to complete depending on your study habits and preparation time. Candidates are encouraged to take practice exams and review course material prior to taking the actual exam. The cost of the exam varies depending on where you take it but generally ranges between $400-$600 USD.
3. Certified Internal Auditor (CIA)
The Certified Internal Auditor (CIA) is a professional certification offered by the Institute of Internal Auditors (IIA). It is the only globally accepted designation for internal auditors and it is designed to demonstrate an individual’s expertise in auditing, control, and governance. The CIA designation is recognized as a mark of excellence in the internal audit profession.
To obtain the CIA certification, individuals must meet certain eligibility requirements and pass a three-part exam. The exam consists of Part 1: Essentials of Internal Auditing; Part 2: Practice of Internal Auditing; and Part 3: Business Analysis and Information Technology. Candidates must also have two years of professional experience in internal auditing or related fields.
The cost to take the CIA exam varies depending on where you are taking it, but typically ranges from $650-$900 USD for all three parts. The exams are offered year-round at various testing centers around the world. Each part of the exam takes approximately 4 hours to complete, so it usually takes about 12 hours total to finish all three parts.
4. Chartered Global Management Accountant (CGMA)
Chartered Global Management Accountant (CGMA) is a professional accounting designation that recognizes the expertise of experienced management accountants and finance professionals. It was created by the Chartered Institute of Management Accountants (CIMA) and the American Institute of Certified Public Accountants (AICPA).
The CGMA designation is designed to recognize individuals who have demonstrated advanced knowledge and skills in management accounting, financial reporting, strategic planning, risk management, and decision-making. The CGMA program provides a comprehensive set of resources to help individuals prepare for their certification exams and develop their professional careers.
It typically takes three to four years to obtain the CGMA designation. The first step is to become a member of CIMA or AICPA, depending on your country’s requirements. After becoming a member, you must pass two examinations: one in Financial Reporting and one in Strategic Business Management. Once you have passed both exams, you will be eligible for the CGMA designation.
The cost of obtaining the CGMA designation varies depending on your country’s requirements. In some countries, there may be additional fees associated with taking the exam or with becoming a member of CIMA or AICPA. Generally speaking, however, it costs around $2,000-$3,000 USD to obtain the CGMA designation.
5. Certified Financial Services Auditor (CFSA)
Certified Financial Services Auditor (CFSA) is a professional certification program offered by the Institute of Internal Auditors (IIA). The CFSA designation is designed to recognize auditors who possess specialized knowledge and skills in financial services audit. It is intended for internal auditors, external auditors, and other professionals who are responsible for conducting audits of financial services organizations.
It takes approximately 18 months to complete the requirements for the CFSA credential. To become certified, applicants must pass an exam that covers topics such as financial services regulations and risk management, audit principles and techniques, data analysis, fraud detection and prevention, and internal control systems. Applicants must also have at least two years of professional experience in financial services audit or related areas.
The cost for the CFSA exam varies depending on where you take it. Generally speaking, it costs $550 USD to register for the exam, plus additional fees if you need to retake any part of the exam.
6. Accredited Business Accountant/Advisor (ABAP)
Accredited Business Accountant/Advisor (ABAP) is a professional designation that recognizes the expertise of individuals in accounting, finance, and business advisory services. It is awarded by the Accreditation Council for Accountancy and Taxation (ACAT), which is an independent organization that sets standards for the profession. The ABAP designation is designed to recognize professionals who have achieved a high level of proficiency in their field and demonstrate a commitment to continuing education and ethical practice.
It typically takes about two years of study and experience to qualify for the ABAP designation. To become an ABAP, you must first meet certain educational requirements, including completing at least 150 hours of college-level coursework in accounting or related fields, passing a comprehensive exam administered by ACAT, and completing at least one year of relevant work experience. After meeting these requirements, you must submit an application to ACAT for review and approval.
The cost to obtain the ABAP designation varies depending on your individual circumstances. Generally speaking, it will cost around $1,500 in fees associated with taking the exam and submitting your application materials. Additionally, you may be required to pay additional costs such as travel expenses if you need to attend any required training sessions or seminars.
Overall, obtaining the ABAP designation can be a lengthy process but it is well worth the effort as it provides recognition of your expertise in accounting and business advisory services.
7. Certified Government Auditing Professional (CGAP)
Certified Government Auditing Professional (CGAP) is a professional certification offered by the Institute of Internal Auditors (IIA). It is designed to recognize auditors who have demonstrated a high level of knowledge and proficiency in government auditing.
The CGAP exam consists of 150 multiple-choice questions that cover topics such as government auditing standards, financial statement audits, performance audits, information technology audits, and fraud detection. The exam takes approximately three hours to complete.
In order to be eligible for the CGAP certification, candidates must have at least two years of experience in government auditing or related fields. Candidates must also pass the CGAP exam with a score of 70% or higher.
The cost for the CGAP certification is $495 for IIA members and $795 for non-members. This fee includes the cost of the exam and other associated fees.
8. Certified Fraud Examiner (CFE)
Certified Fraud Examiner (CFE) is a professional certification awarded by the Association of Certified Fraud Examiners (ACFE). It is designed to recognize individuals who have demonstrated expertise in fraud prevention, detection and deterrence. The CFE credential is recognized worldwide as the standard for anti-fraud professionals and is held by more than 75,000 professionals in over 150 countries.
To become a CFE, candidates must pass an examination that tests their knowledge of four major areas: financial transactions and fraud schemes; law; investigation; and fraud prevention and deterrence. The exam consists of 200 multiple-choice questions and takes approximately four hours to complete.
In order to sit for the exam, applicants must have at least two years of professional experience in the field of fraud examination or a related area such as accounting, auditing or law enforcement. Additionally, applicants must submit an application form and pay a fee of $250 USD.
Once the exam has been passed, CFEs are required to maintain their certification through continuing education credits every two years. This includes attending ACFE conferences, seminars or workshops as well as completing online courses offered by ACFE approved providers.
9. Certified Information Systems Auditor (CISA)
Certified Information Systems Auditor (CISA) is a professional certification offered by the Information Systems Audit and Control Association (ISACA). It is designed to demonstrate an individual’s expertise in information systems auditing, control, and security. It is one of the most widely recognized certifications in the IT industry.
The CISA exam consists of 200 multiple-choice questions that must be completed within four hours. To be eligible for the exam, applicants must have at least five years of experience in information systems audit, control, or security.
To get certified as a CISA, applicants must first register for the exam with ISACA and pay a fee of $575. After passing the exam, applicants must submit an application to ISACA that includes proof of their work experience and references from employers or colleagues who can attest to their knowledge and skills. Once approved, they will receive their CISA certification.
The cost to become certified as a CISA includes the exam fee ($575), membership fees ($125-$225 depending on your location), and any additional costs associated with obtaining references or other documents necessary for your application.
10. Chartered Professional Accountant (CPA Canada)
Chartered Professional Accountant (CPA Canada) is a professional designation for accounting professionals in Canada. It is the highest level of certification available to accountants in the country, and it is recognized by employers, governments, and other organizations around the world. The CPA designation demonstrates that an individual has met rigorous standards of education, experience, and ethical conduct.
To become a CPA Canada member, individuals must first complete the CPA Professional Education Program (PEP). This program consists of three components: the Common Final Examination (CFE), practical experience requirements, and continuing professional development requirements. The PEP typically takes 3-4 years to complete.
The cost of becoming a CPA Canada member varies depending on the province or territory where you are applying. Generally speaking, it will cost between $2,000-$3,000 CAD to complete all three components of the PEP. In addition to this cost, there are also fees associated with membership applications and annual dues that must be paid each year.
Once all components of the PEP have been completed and membership fees have been paid, individuals can apply for their CPA designation through their provincial or territorial body. Upon successful completion of this process they will receive their official CPA designation certificate from CPA Canada.
11. International Association of Bookkeepers Certification Program
The International Association of Bookkeepers (IAB) Certification Program is a professional certification program for individuals who are interested in becoming a certified bookkeeper. It is designed to provide the knowledge and skills necessary to become an effective and successful bookkeeper.
The IAB Certification Program consists of two levels: the Level 1 Certificate in Bookkeeping, and the Level 2 Professional Bookkeeper qualification. The program takes approximately six months to complete, depending on the individual’s study schedule.
To get started, individuals must first register with the IAB by completing an online application form. Once registered, they will be sent an email containing their login details which will allow them to access their course materials. The course material consists of five modules which cover topics such as accounting principles, financial statements, payroll processing, taxation and VAT regulations.
Once all five modules have been completed successfully, individuals can then take the IAB exam which consists of 50 multiple choice questions. To pass this exam they must achieve a score of 70% or higher. Upon successful completion of the exam they will receive their IAB certificate and be eligible to use the ‘Certified Bookkeeper’ designation after their name.
The cost for registering for the IAB Certification Program is £350 (GBP). This fee covers all course materials and access to online support from experienced tutors throughout your studies.
Do You Really Need a Accounting Clerk Certificate?
Whether you need an accounting clerk certificate or not depends on your career goals. If you are looking to become an accountant, then having a certificate in accounting is essential. This certification will show potential employers that you have the necessary skills and knowledge to be successful in this field. However, if you are simply looking for a job as an accounting clerk, then having a certificate may not be necessary. Employers are more likely to look at your experience and qualifications when deciding whether to hire you or not.
Having a certificate can be beneficial though, even if you aren’t looking to become an accountant. It can give you an edge over other applicants who do not have the same level of education or experience as yourself. Having a certificate can also open up opportunities for promotions within the company, as employers often prefer to promote from within rather than hiring someone new from outside of the organization.
In conclusion, it is ultimately up to you whether or not you decide to pursue a certificate in accounting as an accounting clerk. If it is something that interests you and that could benefit your career prospects, then it might be worth investing in one.
Related: Accounting Clerk Resume Examples
FAQs About Accounting Clerk Certifications
1. What is an Accounting Clerk Certification?
Answer: An Accounting Clerk Certification is a professional credential that demonstrates a person's knowledge of the principles and practices of accounting. It typically involves passing an exam administered by a professional organization, such as the American Institute of Professional Bookkeepers (AIPB).
2. What are the benefits of getting an Accounting Clerk Certification?
Answer: Benefits include increased job security and earning potential, as well as greater opportunities for advancement in the accounting field. The certification can also give you more credibility when applying for jobs or negotiating salaries.
3. How much does it cost to get certified?
Answer: Costs vary depending on which organization you choose to become certified through, but typically range from $50-$200 for registration or exam fees. Additional fees may apply if you need to take additional courses or complete other requirements.
4. Do I need any special qualifications to become certified?
Answer: Most organizations require that applicants have at least two years of accounting experience or related education before taking the certification exam. Some organizations may also require additional coursework or training prior to taking the exam.
5. How often do I need to renew my certification?
Answer: Renewal requirements vary depending on which organization you are certified through, but generally involve completing continuing education credits and/or retaking the certification exam every few years in order to maintain your status as a certified accountant clerk.