Top 10 Accounts Payable Assistant Certifications

Certifications are important for an accounts payable assistant in the job market because they demonstrate to potential employers that the individual has a high level of knowledge and expertise in their field. A certification provides employers with assurance that the individual is qualified to handle the tasks required of them, as well as providing evidence that they have taken additional steps to further develop their skills and knowledge. Certifications also show employers that the individual is committed to staying up-to-date on current trends and best practices in the accounts payable field. Finally, certifications can provide a competitive edge when applying for jobs over candidates who do not possess any certifications.

This article reviews some of the top certifications for Accounts Payable Assistants and explains how they can help to enhance an accounts payable assistant's career.

What are Accounts Payable Assistant Certifications?

Accounts payable assistant certification is a professional designation that recognizes an individual’s knowledge and proficiency in accounts payable operations. It is designed to demonstrate a high level of knowledge in handling accounts payable duties and responsibilities. This certification verifies an individual’s expertise in the area of accounts payable, and demonstrates that the holder has obtained the necessary skills to effectively manage this function.

The certification covers topics such as understanding accounting principles, processing payments, reconciling accounts, preparing financial statements, budgeting, cash management and other related topics. The certification also covers best practices for managing accounts payables to ensure maximum efficiency and accuracy.

Having an accounts payable assistant certification can help individuals stand out from their peers when applying for jobs. It can also help employers identify qualified employees who have the experience and competency needed to effectively handle accounts payables operations. Additionally, employers may be more willing to promote or give higher salaries to those with this specialized credential. Finally, having this certification can help professionals stay up-to-date on new trends and technologies related to the field of accounting and finance.

Pro Tip: To become a certified accounts payable assistant, it is important to obtain a formal education in accounting and finance. Additionally, take advantage of any available resources such as online classes or seminars to stay up-to-date on the latest accounts payable practices and regulations. Finally, consider pursuing professional certification from an accredited organization to demonstrate your expertise in the field.

Related: What does an Accounts Payable Assistant do?

Top 10 Accounts Payable Assistant Certifications

Here’s our list of the best certifications available to Accounts Payable Assistants today.

1. Accounts Payable Certification (APC)

Accounts Payable Certification (APC) is a professional certification program designed to recognize and promote excellence in accounts payable management. It is offered by the Institute of Financial Operations, an international organization dedicated to advancing the profession of financial operations.

The APC certification requires applicants to demonstrate their knowledge and understanding of accounts payable processes, procedures, and best practices. The program consists of three core courses, which cover topics such as accounts payable fundamentals, payment processing, fraud prevention, and internal controls. In addition to the core courses, applicants must also complete two elective courses from a selection of topics related to accounts payable management.

The entire APC program typically takes about six months to complete. Applicants must pass all five courses with a score of 70% or higher in order to earn their certification.

The cost for the APC program varies depending on whether you are taking it online or in-person. The online version costs $1,195 while the in-person version costs $1,495. There are also discounts available for members of certain organizations and groups.

In addition to the cost of the program itself, applicants should factor in any additional expenses they may incur such as travel costs if they choose to take the course in-person or any other materials they may need for studying.

2. Certified Accounts Payable Professional (CAPP)

Certified Accounts Payable Professional (CAPP) is a certification program offered by the Institute of Financial Operations. It is designed to recognize those individuals who demonstrate a high level of knowledge and skill in accounts payable operations.

The CAPP certification requires applicants to pass a comprehensive exam that covers topics such as accounts payable processes, compliance, internal controls, and technology. The exam consists of multiple-choice questions and takes approximately three hours to complete.

To be eligible for the CAPP certification, applicants must have at least two years of experience in accounts payable operations or related fields. Applicants must also submit an application fee and provide proof of their current employment status.

The cost for the CAPP certification is $495 USD plus applicable taxes and fees. This fee includes the application fee, exam fee, study materials, and access to online resources.

3. Certified Accounts Payable Specialist (CAPS)

Certified Accounts Payable Specialist (CAPS) is a professional certification that demonstrates an individual’s expertise in accounts payable. This certification is offered by the Institute of Financial Operations and provides recognition for those who have mastered the skills necessary to excel in accounts payable.

The CAPS certification requires passing a two-hour online exam with a score of 70% or higher. The exam covers topics such as accounts payable processes, internal controls, fraud prevention, and technology tools. It also tests the candidate’s knowledge of accounting principles, financial statement analysis, and best practices for accounts payable management.

To obtain the CAPS certification, individuals must first register for the exam at the Institute of Financial Operations website and pay a fee of $225 USD. Once registered, candidates have up to six months to complete the exam. After successfully completing the exam, individuals will receive their CAPS certificate via mail within four weeks.

The CAPS certification is valid for three years from the date of issuance and can be renewed by passing an updated version of the exam or completing continuing education credits through approved courses offered by the Institute of Financial Operations.

4. Certified Accounts Payable Manager (CAPM)

Certified Accounts Payable Manager (CAPM) is a professional certification program designed to recognize and validate the expertise of accounts payable professionals. This certification is administered by the Institute of Financial Operations (IFO), an international non-profit organization that provides education, training, and certification services for financial operations professionals.

The CAPM certification requires applicants to demonstrate their knowledge and understanding of accounts payable processes, procedures, and best practices through a comprehensive exam. The exam consists of 150 multiple-choice questions covering topics such as accounts payable fundamentals, internal controls, fraud prevention, invoice processing, payment terms & conditions, dispute resolution & collections, vendor management & compliance.

It typically takes around 6 months to complete the CAPM certification process. To get started on the path to becoming a Certified Accounts Payable Manager (CAPM), you will first need to register with the IFO and pay the applicable fee. Once registered, you will have access to study materials and practice exams which can help you prepare for the actual exam. After passing the exam with a score of at least 70%, you will be officially certified as a CAPM.

The cost for registering for the CAPM program varies depending on whether or not you are an IFO member. For non-members, it costs $495 USD while members pay $395 USD.

5. Certified Government Accounts Payable Professional (CGAPP)

Certified Government Accounts Payable Professional (CGAPP) is a professional certification offered by the National Association of Government Accounts Payable Professionals (NAGAPP). It is designed to recognize and reward professionals who have demonstrated expertise in government accounts payable.

The CGAPP certification requires the successful completion of an exam that covers a variety of topics related to government accounts payable, such as budgeting, financial management, purchasing, and accounting principles. The exam consists of multiple-choice questions and can be taken either online or in person at a NAGAPP-approved testing center.

In order to take the CGAPP exam, applicants must have at least two years of experience in government accounts payable. They must also complete an application form and pay a fee of $150 USD. Once approved, applicants will receive instructions on how to register for the exam and will be given access to study materials.

The CGAPP certification is valid for three years from the date it was issued. To maintain their certification status, holders must complete 20 hours of continuing education every year.

6. Institute of Financial Operations Accounts Payable Certification (IFO-APC)

The Institute of Financial Operations Accounts Payable Certification (IFO-APC) is a professional certification designed to recognize the knowledge and skills of accounts payable professionals. It is a comprehensive program that covers all aspects of accounts payable, including best practices, systems, processes, procedures, and regulations.

The IFO-APC certification requires successful completion of an online exam that consists of multiple-choice questions and takes approximately two hours to complete. The exam covers topics such as accounts payable operations and procedures, internal controls, financial reporting requirements, technology applications in accounts payable, and more.

To get the IFO-APC certification, you must first become a member of the Institute of Financial Operations. After becoming a member, you can register for the exam by completing an online application form. Once your application has been accepted and approved, you can take the exam at any Pearson VUE testing center.

The cost for the IFO-APC certification is $495 USD for members ($595 USD for non-members). This fee includes all study materials needed to prepare for the exam as well as access to practice exams and other resources.

7. American Institute of Professional Bookkeepers Accounts Payable Certification (AIPB-APC)

The American Institute of Professional Bookkeepers Accounts Payable Certification (AIPB-APC) is a professional certification that recognizes individuals who have achieved a high level of knowledge and skill in accounts payable. It is designed to demonstrate proficiency in the field of accounts payable, including the ability to accurately process payments, manage vendor relationships, and handle compliance issues.

The AIPB-APC credential is valid for three years from the date of completion. To become certified, applicants must pass a comprehensive exam that covers topics such as accounts payable fundamentals, accounts receivable and general ledger accounting, payroll accounting, tax compliance, and more. The exam consists of 100 multiple-choice questions and takes approximately two hours to complete.

To be eligible for the AIPB-APC certification exam, applicants must have at least two years of full-time experience in an accounts payable role or equivalent part-time experience. Applicants must also submit proof of their education credentials or other relevant qualifications.

The cost of the AIPB-APC certification exam is $250 USD plus applicable taxes. After passing the exam, candidates will receive their official certificate from AIPB within four weeks.

8. National Association of Purchasing and Materials Management’s Accounts Payable Certification Program (NAPMM-APCP)

The National Association of Purchasing and Materials Management’s Accounts Payable Certification Program (NAPMM-APCP) is a certification program designed to recognize the professional achievements of accounts payable professionals. It is an internationally recognized credential that demonstrates a commitment to excellence in the field of accounts payable.

The NAPMM-APCP certification requires applicants to complete a comprehensive exam covering topics such as accounting principles, internal control procedures, accounts payable systems, and accounts payable process management. The exam consists of 150 multiple-choice questions and takes approximately three hours to complete.

In order to be eligible for the NAPMM-APCP certification, applicants must have at least two years of full-time experience in the accounts payable field or have completed an approved course from an accredited institution. Applicants must also submit official transcripts from their educational institution and provide proof of their professional experience.

The cost for the NAPMM-APCP certification exam is $395 USD plus applicable taxes and fees. After passing the exam, there is an annual maintenance fee of $95 USD plus applicable taxes and fees that must be paid each year in order to maintain the certification status.

Once certified, individuals can use the NAPMM-APCP credentials on their resume and business cards, as well as in job applications and interviews. This credential can help demonstrate knowledge and expertise in the field of accounts payable, which may lead to better job opportunities or promotions within current organizations.

9. International Association for Financial Professionals’ Certified Treasury Professional in Accounts Payable Program (IAFP-CTP/AP)

The International Association for Financial Professionals’ Certified Treasury Professional in Accounts Payable Program (IAFP-CTP/AP) is a professional certification program designed to recognize the knowledge and skills of experienced accounts payable professionals. This certification program is offered by the IAFP, which is an international non-profit organization dedicated to advancing the financial profession.

The IAFP-CTP/AP certification requires applicants to demonstrate their knowledge and experience in accounts payable processes, procedures, and regulations. The program consists of three parts: a written exam, an online course, and a practical project.

The written exam covers topics such as accounts payable policies and procedures, internal controls, audit requirements, and financial reporting standards. The online course provides additional instruction on accounts payable processes and procedures. Finally, the practical project requires applicants to complete an actual accounts payable process or procedure from start to finish.

In order to become certified as an IAFP-CTP/AP, applicants must pass all three parts of the program with a passing score of at least 70%. Applicants must also have at least two years of full-time accounts payable experience or equivalent part-time experience within the past five years.

The entire IAFP-CTP/AP certification process typically takes around six months to complete. Applicants should plan on spending approximately 30 hours studying for the written exam and completing the online coursework before taking the exam. After passing the written exam, applicants will need another 30 hours to complete their practical project before they can be certified as an IAFP-CTP/AP professional.

The cost for becoming certified as an IAFP-CTP/AP professional varies depending on whether you are already a member of the IAFP or not. Nonmembers pay $495 for access to all three parts of the program while members pay $395 for access to all three parts of the program. Additionally, there may be additional costs associated with taking proctored exams or completing other required activities during your studies for this certification program.

10. National Association of Credit Management’s Credit and Collection Management Professional Designation Program (NACM-CCMP).

The National Association of Credit Management’s Credit and Collection Management Professional Designation Program (NACM-CCMP) is a professional certification program designed to recognize the knowledge, skills and abilities of credit and collection professionals. This program is designed to provide credit professionals with the tools they need to be successful in their field.

The NACM-CCMP program consists of three levels: Associate, Professional, and Master. The Associate level requires completion of two courses, Principles of Credit & Collections I & II, as well as a minimum of two years of experience in the field. The Professional level requires completion of four additional courses, Advanced Credit & Collections I & II and Legal Aspects I & II, as well as a minimum of five years experience in the field. The Master level requires completion of six additional courses, Financial Analysis I & II and Business Law I & II, as well as a minimum of seven years experience in the field.

In order to obtain any level certification from NACM-CCMP you must pass all required courses with at least an 80% grade average and pass a comprehensive written exam for each course. Additionally, applicants must submit letters from employers verifying their work experience in the credit and collection industry.

The cost for each course ranges from $395-$495 depending on which level you are applying for. In addition to course fees there is a one time application fee that ranges from $50-$100 depending on which level you are applying for.

Overall it can take anywhere from 6 months to 2 years to complete all requirements depending on how quickly you can complete each course and pass your exams.

Do You Really Need a Accounts Payable Assistant Certificate?

Yes, an Accounts Payable Assistant Certificate is beneficial for anyone who wants to pursue a career in accounting. It provides a solid foundation of knowledge and skills that can be applied to the work environment, helping one develop the necessary abilities to succeed in the field. It is also a great way to demonstrate one’s commitment and dedication to their chosen profession.

The Accounts Payable Assistant Certificate program covers topics such as accounts payable processing, accounts receivable, bank reconciliation, and other accounting processes. This program also offers an introduction to basic accounting principles such as double-entry bookkeeping, budgeting and financial reporting. Additionally, it provides students with hands-on experience managing accounts payable activities in a real-world setting.

This certificate program is designed for those who want to gain the necessary skills and knowledge needed to become successful in the field of accounting. It gives them the opportunity to learn from experienced professionals who have years of experience working with accounts payables operations. By completing this program, individuals can confidently enter into any position related to accounts payable operations and be confident they have what it takes to excel in their chosen profession.

Related: Accounts Payable Assistant Resume Examples

FAQs About Accounts Payable Assistant Certifications

1. What is an Accounts Payable Assistant Certification?

An Accounts Payable Assistant Certification is a credential that certifies a person has the knowledge and skills necessary to assist with accounts payable processes. It demonstrates proficiency in areas such as coding and processing invoices, monitoring vendor accounts, and reconciling payments.

2. What are the requirements to earn an Accounts Payable Assistant Certification?

In order to earn an Accounts Payable Assistant Certification, individuals must have at least one year of experience working in accounting or finance, complete a training program or course related to accounts payable, and pass an exam administered by a professional certification organization.

3. How long does it take to complete an Accounts Payable Assistant Certification?

The length of time it takes to complete an Accounts Payable Assistant Certification depends on the individual's prior experience and knowledge level. Generally speaking, it can be completed within six months to one year if studying full-time.

4. What are the benefits of obtaining an Accounts Payable Assistant Certification?

Having an Accounts Payable Assistant Certification provides evidence of expertise in accounts payable processes which is highly valued by employers and may lead to career advancement opportunities. It also indicates dedication to improving skillset and staying current with industry trends and best practices.

5. Where can I find more information about Accounts Payable Assistant Certifications?

Additional information about Accounts Payable Assistant Certifications can be found on websites such as the American Institute of Professional Bookkeepers (AIPB) or National Association of Certified Public Bookkeepers (NACPB). These organizations offer courses, exams, and other resources related to accounts payable certifications.