Certification, Licensing, and Special Requirements
Certification or Licensing
Voluntary certification is available from the Association of Insolvency & Restructuring Advisors (certified insolvency & restructuring advisor, certification in distressed business valuation), Turnaround Management Association (certified turnaround professional, certified turnaround analyst), and Association for Financial Professionals (certified treasury professional). Applicants must typically meet educational and experience requirements, and sometimes pass an examination, to qualify for certification. A CRO with a background in accounting will need to have the certified public accountant (CPA) credential. The Uniform CPA Examination, which is administered by the Association of International Certified Professional Accountants, is used by all states.
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