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Certified Profitability Professional
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Certified Profitability Professional

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Costing Review Webinar

Overview:

The Certified Profitability Professional designation demonstrates extensive knowledge of management accounting within the financial services industry.  Earning the CPP certification establishes a level of proficiency on complex profitability measurement & risk management topics that senior management demands of their staff. To maintain the designation, CPP holders are required to keep current with changes in both the industry and the discipline.  It assures current and future employers that the holder has the necessary education and experience for successful performance.  Topics covered in the test are covered in their entirety in the AMIfs Institute curriculum offered once a year in July.

The exam is a 100 question multiple choice test. The purpose of the exam is to test the applicant’s knowledge and application of Management Information principles and practices. Scoring 75 correct of the 100 questions is a passing score.

 

Content Areas of the 100 Multiple Choice Exam include:
 
1. Asset Liability Management (ALM)

2. Capital, Liquidity, IRR (CAP)

3. Funds Transfer Pricing (FTP)

4. Process, Activity and Customer Costing (PAC)

5. Profitability Measurements (PM)

6. Macro Profitability (MP)

 

CPP Requirements:

To earn a new CPP designation, candidates are required to:

• Pay the CPP Examination Fees which are $295 for members (You must be a member to take the exam, $350 for an individual membership) Non-member fee is $645 which will include annual dues.
• Fees include the ability to re-test every 3 months for 12 months – if necessary. After 12 months an additional fee of $200 will be required.
• Adhere to the AMIfs Code of Professional Ethics.
• Submit evidence of three (3) years’ work experience in management information in financial services through a letter of recommendation from your current employer.
• Agree to comply with a continuing education policy of 90 hours of qualifying CPE activity within a 3 year certification period.

The exam will be delivered through an online timed internet portal. There is a 3 hour time limit for the exam.

 

For more information read about it in the Membership Guide

 

Contact Krissa Hatfield for more information or to register.

 

Certified Profitability Professional

Item Name Posted By Date Posted
CPP Code of Ethics Form PDF (27.15 KB) Administration 10/3/2016
AMIfs Membership Guide PDF (7.77 MB) Administration 3/23/2016
CPP Exam Syllabus PDF (325.39 KB) Administration 3/22/2016