FPAC Part I study guide

The Certified Corporate Financial Planning and Analysis Professional (FPAC) is a credential established and administered by the Association for Financial Professionals (AFP), which describes itself as the certifying body in treasury and finance and states that it set up the CTP and FPAC credentials to set the standard of excellence in the profession globally. The FPAC is aimed at corporate FP&A practitioners - the AFP frames credential holders as financial experts and trusted advisors to the business, and describes earning and maintaining the credential as confirmation of commitment to the profession and a signal that the holder is ready to drive FP&A and the organization forward. AFP's published FP&A topic areas are Financial Analysis and Technology and Data, which is the coverage this Part I practice set follows. Preparation should be built around those two domains: ratio and variance work, forecasting and budgeting mechanics, cost and profitability analysis, plus data quality, modeling, reporting, and systems fluency. The FPAC Part I study guide has 2 sections and about 674 words.