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.