FPAC Part II

Yes. AFP states that, as the certifying body in treasury and finance, it established and administers both the Certified Treasury Professional (CTP) and the Certified Corporate Financial Planning and Analysis Professional (FPAC) credentials. Both are AFP programs, so AFP's site is the authoritative place to confirm requirements and logistics.

AFP lists its FP&A topic areas as Financial Analysis, and Technology and Data. Build your study plan around those two areas rather than around generic finance topics. Candidates should confirm the current detailed content outline with AFP, since topic structure can be revised between exam versions.

AFP frames the credential around corporate FP&A work: it describes FPAC holders as stepping to the forefront as financial experts and trusted advisers to the business. It suits practitioners who plan, forecast, analyze, and advise operating leaders, rather than those focused purely on treasury or transaction processing.

AFP's public pages do not state an item count or time limit, so this page does not quote one. Confirm the current format, length, and appointment options directly with AFP before scheduling. Do not rely on figures from older prep materials or third-party summaries, which may describe a previous exam version.

The passing standard is not published on the AFP pages referenced here, so no cut score is quoted. Treat any specific number you see in forums or older study guides as unverified. AFP is the only source for the current standard, and it can change when the exam is revised.

Fees are not stated on the pages referenced here; confirm current pricing with AFP. AFP does offer an AFP Certification Scholarship, part of its DEI initiative, for high-potential students and early career professionals from underrepresented communities pursuing the CTP or FPAC as first-time candidates.

AFP's retake policy is not described on the pages referenced here, so no waiting period or retake fee is quoted. Ask AFP directly about retake eligibility and timing before you sit. Build a buffer into your schedule so a retake does not collide with a reporting deadline at work.

Start with Financial Analysis, since variance, margin, and driver-based analysis underpin most FP&A work, then move to Technology and Data so you can connect analysis to systems, reporting, and data quality. Finish with timed practice under exam-like conditions. AFP lists exam prep among its training resources.

Two patterns dominate. First, memorizing formulas without being able to choose the right one from a business scenario. Second, neglecting the Technology and Data area because it feels less like classic finance. In practice, weak data literacy and untested calculation speed are the most frequent causes of a near-miss.

Yes. AFP states that earning and maintaining the FPAC confirms your commitment to your profession, and its site has a Maintaining Your Credential section covering ways to earn credits. Plan for continuing education from the start rather than letting credits lapse after you pass.