Pre-Approved CE Activities
Continuing education activities related to topics found in the current edition of the CTP Body of Knowledge and Essentials of Treasury Management (e.g. treasury/cash management, finance, accounting, ethics, economics), are eligible for recertification credits.
Activities need NOT be sponsored by or pre-approved for CTP credits by AFP to qualify. AFP does not review and pre-approve recertification activities for individual credential holders. Please review these guidelines to determine eligibility of an activity.
The following are examples of educational sessions that DO NOT qualify for recertification credits:
- Sessions specific to the benefits and features of a company's treasury/finance related products and/or services (excluding user group conferences)
- Fundamental, introductory or exam-prep courses in corporate finance or cash/treasury management
- Topics related to corporate banking, bank relationship management and payments systems
- Personal career development topics not specific to finance or cash/treasury management (e.g., "How to write a good cover letter", networking sessions)
- Personal finance (e.g. financial planning, insurance, tax preparation, estate planning)
- Marketing, business development, sales/customer service skills sessions
- Non-finance related computer software application courses such as PowerPoint and Word
- Licenses and certifications NOT related to treasury, corporate finance or accounting (e.g. Real Estate license)
- CTP Exam preparation
- Earning CTP Certification
CTP Eligible Continuing Education Categories
CTP Exam Prep Platform:
Maximum Credits Accepted: 18
Already certified CTPs can earn CE credits with a practice test score of 80% or higher on the most current edition of the CTP Exam Prep Platform™ self-directed course. The CTP EPP used to prepare for the CTP exam does not qualify for continuing education credit. Credits are granted once per recertification cycle and/or edition of the course.
FPAC Exam Prep Platform:
Maximum Credits Accepted: 18
CTPs can earn CE credits with a practice score of 80% or higher on on all three parts (Part I, Part II: Task Based Simulations and Part II: Case Analysis) of the practice test of the most current edition of the FP&A Exam Prep Platform™ self-directed course. Credits are granted once per recertification cycle and/or edition of the course.
Accepted Documentation:
If selected for audit, AFP will verify your results.
Maximum Credits Accepted: 36
- Quizzes of twenty (20) questions with a pass rate of 85% based on the articles published in AFP Exchange magazine.
- Quizzes of ten (10) questions with a pass rate of 80% based on the articles published in AFP's e-newsletters.
Accepted Documentation:
E-mail/letter from AFP indicating successful completion.
Successful completion of a graduate or post-graduate program (MBA/Ph.D.) or course at an accredited college/university. This includes live/in-person instructor-led classes, internet/distance learning, CD-ROM or other self study programs that result in accredited college or university credit toward a graduate degree. Credits are earned at the rate of four (4) credits per semester hour. For example, a three-credit course would earn 12 CTP/CCM credits. Undergraduate/introductory courses/programs do not qualify for credits. If the total calculated credits exceed the maximum allowed for this category only 16 credits can be claimed.
NOTE: Live professional development courses/programs leading to a certificate and not to a graduate degree (Masters/Ph.D.) are to be reported under the CE Category (D), Conferences, Seminars, Workshops & Training sessions. Eligible credits are calculated using the method described in the section "Calculating Credits" (1 credit per 50 minutes of educational time).
Accepted Documentation:
Copy of course transcript indicating a passing grade.
Maximum Credits Accepted: 36
Attendance at live events (not recorded). Program meetings of AFP/TMA Regional Associations are included in this category.
NOTE: This category includes certificate finance/accounting related professional development courses completed through a college/university that do not lead to a graduate degree. Documentation must reference the course duration and date, topics covered, college/university name, use the calculation method here to determine eligible credits.
Accepted Documentation:
Certificate of Completion and program agenda referencing the titles, descriptions, and timing of eligible sessions attended.
Maximum Credits Accepted: 36
Print, audio, video and online formats or any combination. The activity must include a method of assessment of the completed work. The number of credits awarded will be based on the average completion time determined by the sponsoring organization.
A maximum of five (5) credits can be earned per book read.
NOTE: Self-directed exam preparation for a new license or certification must have an assessment. An exam prep course led by an instructor either online or in-class is eligible for credits and should be reported under CE category (D) "Other Conferences, Seminars, Workshop and Training". To calculate eligible credits use the calculation method here to determine eligible credits.
Accepted Documentation:
A copy of satisfactory assessment result, written project, book review/report or certificate of activity completion.
Maximum Credits Accepted: 12
Earned licenses and certifications in professional areas related to treasury, finance or accounting.
NOTE: For programs requiring successful completion of multi-level exams in order to earn a new license or certification, CTP/CCM credits can be claimed only after all levels are successfully completed and the license or certification is awarded.
Accepted Documentation:
A copy of the license or certificate or award letter from the license/certification administration referencing the date earned.
Maximum Credits Accepted: 12
Credits can be claimed for books or articles you have published. Two credits are awarded for each published page. Credits can be claimed for blogs you have posted on a website. One credit is awarded for a 1200 word blog post.
NOTE: The blog should be related to finance, treasury, accounting, economics or cover information in the Essentials of Treasury Management body of knowledge. If your blog post does not meet the minimum word count, you can combine two blog posts for credit.
Accepted Documentation:
Articles: a copy of the publication cover AND the index indicating length of article (number of pages).
Book: a copy of the title page AND the verso with the publication date.
Blog: a copy of the web page, date posted, AND web page URL.
Maximum Credits Accepted: 36
1. A live presentation with web-based delivery of PowerPoint slides or other participant materials. No assessment for live webinars.
2. A pre-recorded/archived presentation with a quiz administered by the program provider. Assessment scores must be 80% or higher.
Accepted Documentation:
Copy of Registration Confirmation or Certificate of Completion.
Maximum Credits Accepted: 12
Service as a lecturer, presenter or teacher. Speakers receive two credits for every 50-minutes of presentation time. You may only claim credits once for a presentation, lecture or course given multiple times during a recertification period. Subject matter must relate to the topics in the current edition of Essentials of Treasury Management. CTP informational sessions presented to colleagues or your local AFP/TMA regional association may also be claimed for credits. Credits are not earned for presentations given as part of your everyday job responsibilities.
Accepted Documentation:
Copy of program agenda indicating the (1) date, (2) presentation title, (3) description of presentation and (4) your name as the presenter.
For courses taught at colleges/universities, provide a copy of the syllabus course title and description from the course catalogue for the corresponding semester.
Maximum Credits Accepted: 12
Final delivery of a thesis or dissertation at an accredited college or university.
Accepted Documentation:
Copy of the title page, description AND transcript listing successful completion of the project.
Maximum Credits Accepted: 10
Holding executive officer or Board position or serving on a Committee or Task Force. Listed below are some examples of positions that qualify and the number of credits they earn per year. Credential Holders can submit more than one position for recertification. Total credits not to exceed maximum allowed.
|
Volunteer Position |
Eligible Credits |
|
Officer on the AFP (National) Board or other treasury/finance/accounting related national or global organization |
5 credits per one-year term |
|
Officer on the board of a regional AFP/TMA |
4 credits per one-year term |
|
Task Force Chair or Committee Chair with AFP (National), Regional AFP/TMA or other treasury/finance/accounting national or global related organization. |
4 credits per one-year term |
|
Task Force Member or Committee Member with AFP (National), regional AFP/TMA or other treasury/finance/accounting national or global related organization. |
3 credits per one-year term |
|
Treasurer, accountant or other finance position at a non-AFP/TMA organization. (i.e. the organization's primary business focus does not need to be treasury, finance or accounting related) |
2 credits per one-year term |
Accepted Documentation:
A copy of the program or publication listing your name OR a signed letter from an association officer or committee chair.
Maximum Credits Accepted: 9
Education sessions do not have to be specifically focused on treasury/finance professionals. Examples of acceptable Professional Skills topics include the ability to communicate effectively, creative thinking and problem solving, presentations and storytelling, teamwork/collaboration and leadership. Formerly Career Development.
Accepted Documentation:
Copy of registration confirmation or certificate of completion.
Maximum Credits Accepted: 5
Share your knowledge of treasury and finance; mentor colleagues in best practices, tools and techniques and methodologies of the profession, discuss an ongoing project to lend mentoring support. A minimum of five hours of mentoring is required per one recertification credit. A mentor may have mentoring relationships with one or several colleagues or students. Coaching related to how to prepare for or pass the CTP exam does not qualify for credit.
Accepted Documentation:
Document how mentoring has improved your capabilities and the capabilities of others and submit names and contact information of mentees.
Maximum Credits Accepted:12
Individual membership in a national, international or regional professional treasury, finance or accounting-related association.
|
MEMBERSHIP TYPE |
ELIGIBLE CREDITS |
|
AFP (National) |
4 credits per year |
|
Other National or International Association |
2 credit per year |
|
Regional AFP/TMA |
1 credit per year |
Accepted Documentation:
A copy of your membership ID card, a receipt for membership or a letter from the association.
Maximum Credits Accepted: 15
Recertification credit can be earned for a first-time work experience if the activity adds to the understanding of the Essentials of Treasury Management. In other words, the experience must have a "value-added" feature in the final work product that requires credential holder to learn new things.
Examples of on-the-job projects that qualify include:
- Research, design and implementation of an in-house bank.
- Issue a RFP, evaluate responses, select a vendor, implement the product/service.
- Develop, test and implement a comprehensive plan for business continuity in treasury.
- Research, design and implementation of an efficient automated process for treasury reporting.
Projects that are part of your every day job responsibilities are not eligible for credits.
Accepted Documentation:
A written description of the project mapped to the related areas of the body of knowledge, Essentials of Treasury Management and signed by your supervisor. The description must also specifically describe your contributions to the project.
One credit is earned per 50 minutes of the cumulative time spent researching, designing and implementing the new work product. If the total credits calculated exceed 15 claim the maximum of 15 credits.