FP&A

  • This topic has 6 replies, 5 voices, and was last updated 7 years ago by Anonymous.
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  • #681847
    ScarletKnightCPA
    Participant

    Never heard of it before. I'd imagine it's about as valuable as getting one of the other lesser certificates such as a CFE. There might be a benefit if a person cannot become a CPA because of educational/experience but CMA probably would be better.

    Far: 76 (Wiley Test Bank)
    Aud: 77 (Wiley Test Bank)
    Reg: 61, 76 (Wiley book, Wiley Test Bank)
    Bec: 86 (Wiley Test Bank)

    MBA in progress

    #681848
    Anonymous
    Inactive

    I agree, I would certainly not advise anyone to seek this FP&A certification over a CPA or CMA, but it looks like it could be a nice supplement. If anything, I'd get this certification for myself, to improve my FP&A knowledge and skills. With it being so new, it would be unwise to consider obtaining it simply for resume building.

    #681849
    fuzyfro89
    Participant

    I work in corporate finance. Outside of the most common certifications (CPA, CIA, CFE, CFA, CMA, CGMA, and maybe a few others), the remainder just aren't widely known. Doesn't mean they aren't good topics to learn, but just know it may not give you the recognition that you are hoping for.

    Personally, I don't think this one is worth much. For that matter, even though I do have one, I don't even think the CPA is all that special, but it's widely recognized and will open doors. It's what you do (in terms of work experienced) during/after getting a CPA that really matters. Same goes for other credentials, though being widely recognized is the biggest benefit or any certification program.

    #681850
    ScarletKnightCPA
    Participant

    I received an email distribution from corporation about learning and education opportunities.

    I was suprrised to see the FP&A certification and CGMA certification as the two main topics being advertised to employees.

    Far: 76 (Wiley Test Bank)
    Aud: 77 (Wiley Test Bank)
    Reg: 61, 76 (Wiley book, Wiley Test Bank)
    Bec: 86 (Wiley Test Bank)

    MBA in progress

    #1527550
    Anonymous
    Inactive

    Bump – I just found out that after I pass the CPA they are looking at potentially moving me into more of an FPA type role. I would be over all of our budgeting, forecasting, business valuations for M&A, and some ROI analysis.

    Does anybody know much about this certification? Is it useful? Do you learn much in the process of getting it?

    #1527666
    Anonymous
    Inactive

    @Allie530 After the CPA license, a business valuation certification might be more appropriate. Because future cash flows are a main way of valuing businesses, the certification covers budgeting and forecasting as well. The two main certifications are ABV through the AICPA, and CVA through NACVA.

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