FPAC Exam Quick-Look

The FPAC Exam

The Certified Corporate FP&A Professional exam is a two-part comprehensive computer-based exam consisting of multiple choice and spreadsheet-based questions. Part I of the exam tests your knowledge of business acumen, while Part II will test your ability to apply that acumen to real-world scenarios. Both the exam and FPAC Exam Prep Platform took five years to develop, with contributions from corporate finance volunteers from around the world.



Part I: Financial Acumen

140 questions | Multiple Choice | 3 testing hours
Concepts Include
-Value-at-Risk-Growth Share Matrix-SWOT
-Hedging-Cost of Capital-Rolling Forecasts
-Financial Reporting-FP&A Project Management-Fixed & Variable Cost
-Zero Based Budgets-Data Mining  
-Financial Functions-Information Gathering 

Part II: Financial Analysis and Business Support


55 questions | Task-Based Simulations and Scenario Analysis Problems | 4 testing hours
Concepts Include
-Building & Refining Financial Models-Financial Ratios-Ratio Analysis
-Model Consistency -Data Visualization-Revenue Projections
-Testing Variance/Ratio/Competitive Analysis-ROI-NPV
-Cash Flow-Macros-Pivot Tables
-Investment & Sensitivity Analysis-V lookups 


For full exam specifications, click here.