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 (Includes tutorial and admin time)
FPAC Exam Pie Chart 1

– Cost of Capital

– Rolling Forecasts

– Financial Reporting


– FP&A Project
   Management

– Growth Share Matrix

– Hedging

– Fixed & Variable Cost

– Zero Based Budgets

– Data Mining

– Financial Functions 


Part II: Financial Analysis and Business Support

55 questions | Task-Based Simulations and Scenario Analysis Problems | 4.5 testing hours (Includes tutorial and admin time)

FPAC Exam Pie CHart 2

- Building & Refining
   Financial Models

- Financial Ratios

- Ratio Analysis

- Model Consistency


- Data Visualization

- Revenue Projections

- Testing Variance/Ratio

- Investment &
  Sensitivity Analysis

- V lookups 


- ROI

- NPV

- Cash Flow

- Macros

- Pivot Tables