ABOUT AFP FPAC

Headquartered outside of Washington, D.C. and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in treasury and finance. Each year, AFP hosts the largest networking conference worldwide for more than 7,000 corporate financial professionals.

The Certified Corporate Financial Planning and Analysis Professional (FPAC) credential, sponsored by AFP, establishes a set of core competencies for the corporate financial planning and analysis profession and addresses areas that are not necessarily covered by traditional accounting degrees. It is the only credential that is specific to financial planning and analysis; it is forward-looking and assesses the ability to see the big picture. Certified FPAC professionals are specially equipped to mitigate uncertainty and see beyond the numbers; they strive to make the numbers work to determine holistic strategic planning, budgeting, and forecasting that tie into the goals of the business.

Why consider the FPAC credential?
  • Competency Validation
    Exhibit your understanding of the core competencies of FP&A
  • Demonstrate Your Passion for FP&A
    Earning and maintaining the FPAC certification confirms your commitment to your profession and identifies you as someone ready to drive FP&A and the organization forward
  • Standards of Ethical Conduct
    FPAC credential holders have an obligation to their employers, co-workers, customers, shareholders, the profession and themselves to maintain the highest standards of conduct and to encourage their peers to do likewise
  • Build a Global Professional Network
    Be part of a global network via the virtual AFP Collaborate group or attend the largest conference for treasury and finance professionals each year

https://fpacert.afponline.org

ENTRY REQUIREMENT

Before your enrollment in the FPAC program is accepted and you can register for your first exam, you must meet the entrance requirements:

  • • Have a bachelor’s or equivalent degree OR be currently enrolled in an undergraduate program with a finance related major (finance, accounting, economics or business) and be on track to graduate within two years.
  • • Understand the professional conduct requirement (you will be asked to agree to comply with the AFP Standards of Ethical Conduct).

Candidates may enroll in the FPAC program and begin taking the exams before the Education and Experience Requirements have been fully satisfied but will not be awarded the credential until requirements have been met.

Holders in good standing of the CFA, CMA, CPA (US, Canada, Australia), ACCA, FCCA, ACMA, FCMA or CTP credential are eligible to waive Part I of the FPAC Exam. Go to FPACert.afponline.org/waiver for more information.

For more eligibility criteria for self-study candidates, visit https://fpacert.afponline.org/about-exam/eligibility

PRACTICAL WORK EXPERIENCE

Education Work Experience
Master’s degree or higher or global equivalent degree in a finance, accounting, economics or business related field 2 years of full time equivalent experience performing FP&A job tasks
Bachelor’s or global equivalent in accounting, finance, economics or business 3 years of full time equivalent experience performing FP&A job tasks
Bachelor’s or global equivalent in a non-finance subject; three semester hours of college-level course work or equivalent in finance and six semester hours of college-level course work or equivalent in financial accounting or managerial accounting
Bachelor’s or global equivalent in a non-finance subject; an approved accounting or finance related credential (e.g. ACA, CPA, CA, CGMA, ACCA, CFA, CIA, CTP, CMA)

Full time equivalent (FTE) experience is defined as those positions involving at least 35 hours of work per week. At least 50% of the individuals time must be spent performing/managing or supervising those who perform/manage one or more of the following finance tasks:

  • • Financial analysis
  • • Budgeting
  • • Forecasting
  • • Financial modeling
  • • Corporate financial planning/strategic planning

COURSE STRUCTURE

Knowledge Domains
FPAC Exam Prep Platform

The FPAC Exam Prep Platform is the preferred study resource for the Certified Corporate FP&A Professional Exam and is based on the test specifications for the 2019B – 2024A windows. This fully digital and interactive platform contains study materials, evaluations, sample questions and customized progress tracking.

Features of Exam Prep Platform:
  • • Built-in Instructor-Led Training
  • • Pre-Evaluation and Post-Evaluation
  • • Mobile-Friendly
  • • Practice Exams
  • • Progress Reports
  • • Integrated with AFP Collaborate
  • • Knowledge Checks
  • • Case Studies
  • • Resource Center
  • • Flashcards

TUTORIAL

FPAC Review Course:

Intake Period Duration Study Mode Contact Hours
October (February – March Exam) 4 months Live Virtual 30 hours review
April (August – September Exam)

*Coaching and mentoring is available

EXAM STRUCTURE

The Certified Corporate FP&A Professional exam is a two-part comprehensive computer-based exam consisting of multiple choice, spreadsheet and case analysis questions. Exams are administered at Pearson Vue Testing Centre.

  • • Tests knowledge of business acumen
  • • Testing window: Feb 1 – Mar 31 & Aug 1 – Sep 30
  • • 3 testing hours
  • • 140 questions
  • • Multiple choice
  • • Tests ability to apply acumen to real-world scenarios
  • • Testing window: Feb 1 – Mar 31 & Aug 1 – Sep 30
  • • 4 testing hours
  • • 55 questions
  • • Task-based simulations and case-analysis problems

PROGRAMME DATES

Early Application Deadline May 17, 2024
Final Application Deadline June 14, 2024
Cancellations/Refund Request Deadline July 18, 2024
Deferral Request Deadline September 30, 2024
Early Application Deadline November 15, 2024
Final Application Deadline December 13, 2024
Cancellations/Refund Request Deadline January 18, 2025
Deferral Request Deadline March 31, 2025

Note: Applications received after the final postmark deadline will automatically be deferred to the next available testing window.

FEE STRUCTURE

Payable to Noesis Exed
Fees Inclusive of
RM 12,000
(SGD 3,430)
  • • 30 hours of instructor-led review course
  • • FPAC Exam Prep Platform 1-year subscription (worth USD 1,095)
  • • Exam registration fees (worth USD 1,025)
  • • 1-year AFP Membership (worth USD 395)

UNIVERSITY DISCOUNT

University Discount List for Year 2023/2024 (KL & SG)

LECTURER PROFILES

Noesis prides itself on the quality of its lecturers across all programs. The profile of our FPAC coach: