Certified Accounts Receivable Specialist (CARS)

Technical level of the CARP program

The way businesses operate their Accounts Receivable is constantly changing. As a Certified Accounts Receivable Specialist (CARS) you’ll demonstrate your understanding of modern Accounts Receivable processes and best practices along with a renewed awareness of how to reduce risk and improve existing processes.

What is the CARS Certification?

The Accounts Receivable Specialist Certification (CARS), is the first of two levels within the full CAPP programme. To earn the CARS credential, you must complete the Accounts Receivable Specialist online study programme and pass the final exam which includes 50 multiple choice questions.

A Certified Accounts Receivable Specialist is a Subject Matter Expert and competent professional in the field of Accounts Receivable with an advanced understanding of the Accounts Receivable process and the best practices which reduce risks and enable Accounts Receivable functions to operate efficiently.

Whether you are an experienced Accounts Receivable or wider Finance professional, the Accounts Receivable Specialist course will provide you with the knowledge and skills to progress your career in financial operations.

What you’ll gain from the Accounts Receivable Specialist study program and professional credential

The CARP is the true standard for educational excellence in the field of Accounts Receivable. The Specialist level (CARS) is a marker of excellence for non-managerial, subject matter experts in Accounts Receivable.

  • Certified Accounts Receivable Specialist status and CARS professional designation
  • Expert level understanding of the end to end Accounts Receivable process
  • Advanced awareness of fraud risk affecting the Accounts Receivable department
  • Ability to analyse and improve existing processes
  • Understanding of the application of AI and Automation in the Accounts Receivable process
  • Increased earning potential and advanced career opportunities

Employment benefits of becoming a Certified Accounts Receivable Specialist (CARS)

As the field’s leading designation, the CARP is the key indication of candidates with proven ability and experience. To earn it, you must not only complete the online study programme but also pass challenging and rigorous exams. Employers globally recognise this and in many cases require their Accounts Receivable team members and leaders to hold either CARS, CARM or CARP certifications.

Accounts Receivable Specialist

Program Overview

100%

Online learning and exams

Learn at your own pace

With videos, workbooks, assignments and quizzes

12 months access

To the CARS study program

20+ hours

Of on-demand video classes

30+ hours

Learning materials and exam prep

3 months

Average completion timeframe

Global

Recognition and repect

Certificate

Awarded by IFOL to verify you knowledge and skills

Community

Over 100,000 professionals globally

How to get certified

1. Online Course

Complete the Accounts Receivable Specialist online and on-demand course. Download the course guide here to discover the Accounts Receivable Specialist course curriculum.

2. Exam Preparation

Use the study material, practice questions, live and recorded classes to prepare for the final exam.

3. Exam

After completing the course you can take the relevant exam at your convenience, online within the IFOL Academy.

Course overview (CARS)

Accounts Receivable Specialist Certification (CARS)

The Accounts Receivable Specialist course comprises of 8 core modules and over 50 study units all designed to enhance your knowledge of accounts receivable and prepare you for taking the CARS exam.

All study is self paced and on-demand and includes variety of e-learning, video lessons, exam prep quizzes, short assignments and scenario based questions to answer.

Support is offered for all participants via the dedicated IFOL Education Team who each have in excess of 20 years experience of working and educating in Financial Operations.

CARS Exam At a Glance

  • 50 multiple choice questions
  • 60 minutes to complete the exam
  • 80% minimum score required to pass
  • Online within the IFOL study platform
  • Over 90% first time pass rate
  • 3 attempts included

Core course modules

  • Accounts Receivable Process and Procedures
  • Cross functional working, Contract and Credit Management
  • Debt Collection
  • Communication and Negotiations
  • Data and Numeracy
  • Performance Management and Team Building
  • Risk, Controls, Audits and Fraud Prevention
  • Accounts Receivable Career Pathways

Download the full certification guide for a full breakdown of the study modules and exam

Certification enrollment

How to enroll in CARS

It’s quick and simple

When to enroll is entirely your choice, there are no set intake dates as our study platform allows you the flexibility to start and stop study whenever is convenient for you.

  • Complete your learner profile and pay enrollment fees or request an invoice.
  • Pay enrollment and exam fees together in one payment or monthly payments
  • Instant access to the study platform and learning resources
  • Study at your own pace with up to 12 months to sit the exam
  • Final exam attempt and 2 retakes included in enrollment fees
  • Enroll online anytime or book an online appointment for assistance

Need help getting started?

Book a 1-2-1 session with an advisor

Payment options

Enrollment fees can be paid using all major credit or debit card providers or direct bank transfer, ACH or Wire. You can select your preferred method during the online enrollment process.

Please note: If your employer is funding your studies you may request an invoice during the enrolment process.

Following payment, the course will become immediately available to you within your student dashboard.

Want to know more before enrolling?
Book a 1-2-1 certification demo

Our free certification demo service allows you to meet with an advisor and get a first hand experience of the study platform. It’s also the perfect opportunity to ask any questions you may have.