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Rolling Meadows,
IL, March 7, 2023 – In
the fall of 2014, the International Association of Commercial Collectors
(IACC) joined into a strategic alliance with the Commercial Law League of
America (CLLA) to develop and promote a single agency certification program. The
organizations recognized participation in multiple programs put an undue
burden on members and as such, they developed one unified program
administered by CLLA and endorsed by IACC, drawing from the strength of
both organizations’ long-standing individual certification
programs. Recently, both organizations renewed their commitment to the
program and to each other by signing an evergreen Agreement approved by
both the CLLA Board of Governors and IACC Boards of Directors. The new
Agreement also incorporates a new set of Continuing Education Unit (CEU)
standards. Each agency must accumulate (10) ten hours of Continuing
Education Units (CEUs) per calendar year in order to
recertify.
CLLA prides itself
on the strength of the initial and annual qualification audit process,
handled by an independent, unbiased third-party auditor. CliftonLarsonAllen
(CLA) has been secured as the auditor for the certification program. CLA is
a professional services network and the tenth-largest accountancy firm in
the United States. With decades of experience, CLA knows collection
agencies, having served as the auditor of the ACA and IACC commercial
collection agency certification programs prior to the Agreement with CLLA,
and has been working with CLLA since 2019.
Since 1975, CLLA’s
Commercial Collection Agency Certification Program demonstrates that
certified agencies adhere to relevant regulations in the collection of
commercial debt, use generally accepted accounting practices, and adhere to
standards to protect and safeguard their clients’ funds. CLLA’s
certification requires agencies to earn the right to be recognized as
industry experts.
About the CLLA
Since 1895, the
not-for-profit Commercial Law League of America has connected experienced
attorneys with credit grantors, lending institutions and other commercial
credit, bankruptcy and general finance industry members through networking,
education, legislative advocacy and
specialized legal services. The Association’s members include attorneys,
collection agencies, judges, accountants, trustees, turnaround managers,
law lists and other credit and finance experts. For more information
on the CLLA, please visit www.CLLA.org.
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