Cost:

Free for HFMA Members
$100 for Non-members

Career level:

properties/careerLevel

Recommended for:

Budgeting
Managed Care

Delivery Method:

Self Study

Advance Preparation:

none

Prerequisites:

Must have been CSAF certified (or recertified) between June 1, 2017 and May 31, 2018

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Certified Specialist Accounting & Finance Recertification

Certification | Overview | Accounting and Financial Reporting

Certified Specialist Accounting & Finance Recertification

Description

The CSAF recertification program is recommended for active, eligible HFMA CSAF certificants with an upcoming maintenance due date of October 1, 2020*. Not sure when your CSAF expiration date is? Sign in, click your profile image in the upper right corner, select My Development, and then click on the Certifications tab near the center of the page. You'll see your certifications along with their expiration date.

HFMA requires that eligible CSAF certificants gain continuing competence in the accounting and finance arena by taking a short assessment every two years. This program provides healthcare organizations with a means to ensure that their staff has the body of knowledge necessary to meet their demands. 

CSAF recertification course outline:
  • Financial Planning and Budgeting
  • Financial Reporting: Liabilities and Long-Term Debt
  • Financial Reporting: Relationships and Procedures
  • Financial Reporting: Revenue and Assets
  • Accounting Oversight and Internal Control
Assessment information:
This online program includes the above recertification courses and a recertification assessment. The assessment has 50 multiple choice questions and you have 90 minutes to complete it in one sitting. The passing score is 70%. If you do not pass on the first attempt, there is a mandatory 30-day waiting period. Please keep this in mind, as the deadline to complete the recertification assessment (to maintain your certification) is October 1, 2020*.

*During this unprecedented time HFMA is committed to meeting the need of its certified individuals. HFMA is implementing a certification maintenance grace period to allow for additional time to meet the recertification requirement. The maintenance deadline will be extended from May 31, 2020 to October 1, 2020.

After this program, you'll be able to..
  • Understand the core principles of financial planning and budgeting
  • Identify key accounting practices and financial reporting standards
  • Recognize basic elements of financial statements for healthcare organizations

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