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.
Submit Your Application
FPAC Exam Deadlines
February 1, 2024 - March 31, 2024
FPAC Exam Deadlines
February 1, 2024 - March 31, 2024
- Early Application:
November 17, 2023 - Final Application:
December 15, 2023
