In the competitive field of bookkeeping, obtaining a certification can set you apart from the crowd, demonstrate your expertise, and open up new career opportunities. But with so many certification options available, it can be challenging to decide which ones are worth pursuing. Here’s a guide to some of the most valuable bookkeeping certifications and what they can offer you.
Certified Bookkeeper (CB) from the American Institute of Professional Bookkeepers (AIPB)
Overview: The CB certification is a highly respected credential that validates your bookkeeping knowledge and skills. It is designed for bookkeepers who already have a solid understanding of accounting principles and at least two years of full-time experience or the equivalent in part-time work.
Benefits:
- Credibility: Recognized nationwide, the CB certification demonstrates your commitment to the profession and your competence in bookkeeping.
- Career Advancement: Holding a CB can lead to better job opportunities, higher salaries, and career growth.
- Comprehensive Coverage: The certification exam covers crucial topics such as adjustments and error correction, payroll, depreciation, and inventory management.
Requirements:
- Pass the four-part national certification exam.
- Complete the experience requirement (two years of full-time bookkeeping or the equivalent).
- Agree to abide by a code of ethics.
Certified Public Bookkeeper (CPB) from the National Association of Certified Public Bookkeepers (NACPB)
Overview: The CPB certification is designed to validate the skills of bookkeepers in the United States. It covers essential bookkeeping tasks and demonstrates proficiency in accounting software.
Benefits:
- Professional Recognition: Being a CPB shows that you have met high national standards and are proficient in bookkeeping.
- Software Proficiency: The exam tests your knowledge of popular accounting software, which is valuable for many employers.
- Continued Education: CPBs must complete continuing education requirements, ensuring they stay up-to-date with industry changes.
Requirements:
- Pass the CPB exam.
- Have at least one year of bookkeeping or accounting experience or equivalent education.
- Complete continuing professional education (CPE) annually.
QuickBooks Certified User (QBCU)
Overview: The QBCU certification is specifically for those who use Intuit QuickBooks, one of the most popular accounting software programs. This certification demonstrates your ability to use QuickBooks proficiently.
Benefits:
- Specialization: Proves your expertise in using QuickBooks, a critical skill for many bookkeeping positions.
- Employer Appeal: Many small businesses and accounting firms look for bookkeepers with QuickBooks certification.
- Cost-Effective: The certification is relatively inexpensive and can be completed quickly.
Requirements:
- Pass the QuickBooks certification exam, which tests your knowledge of the software’s features and functionality.
Certified Management Accountant (CMA)
Overview: The CMA certification, offered by the Institute of Management Accountants (IMA), is broader than bookkeeping but highly valuable for bookkeepers looking to advance into managerial roles. It focuses on financial management and strategic decision-making.
Benefits:
- Broader Skill Set: Enhances your knowledge beyond bookkeeping, including management accounting, financial analysis, and strategic planning.
- Career Growth: Opens doors to higher-level positions in finance and accounting.
- Global Recognition: The CMA is recognized worldwide, providing opportunities for international career advancement.
Requirements:
- Hold a bachelor’s degree from an accredited college or university.
- Have two continuous years of professional experience in management accounting or financial management.
- Pass the two-part CMA exam.
- Maintain membership in the IMA.
International Association of Bookkeepers (IAB) Certifications
Overview: The IAB offers various bookkeeping certifications recognized globally, making them ideal for those seeking international opportunities.
Benefits:
- Global Recognition: IAB certifications are recognized internationally, opening up global career opportunities.
- Flexibility: Offers different levels of certification, from beginner to advanced, catering to various stages of a bookkeeping career.
- Comprehensive Training: Covers a wide range of bookkeeping and accounting topics, providing a thorough grounding in the field.
Requirements:
- Pass the relevant IAB examinations for the level of certification you are pursuing.
Conclusion
Choosing the right certification depends on your career goals, experience level, and the specific skills you want to develop. The Certified Bookkeeper (CB) and Certified Public Bookkeeper (CPB) certifications are excellent for establishing credibility and advancing in the bookkeeping field. The QuickBooks Certified User (QBCU) certification is ideal for those focusing on proficiency in popular accounting software. For those aspiring to higher managerial roles, the Certified Management Accountant (CMA) offers a broader scope. Lastly, the International Association of Bookkeepers (IAB) certifications provide global recognition and flexibility for international career opportunities.
Investing in a bookkeeping certification can significantly enhance your career prospects, demonstrate your professional commitment, and equip you with the skills needed to excel in the field.