CFP Board Announces Pass Rate for July 2008 CFP(R) Certification Examination.WASHINGTON -- Certified Financial Planner Certified Financial Planner (CFP) A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. Board of Standards, Inc. today announced that 54 percent of the 2,249 individuals who sat for the July 18-19 2008 CFP 1. CFP - Constraint Functional Programming. 2. CFP - Communicating Functional Processes. 3. CFP - Call For Papers (for a conference). ([R]) Certification Examination passed. The CFP Board-administered, 10-hour, two-day exam was conducted at 50 sites nationwide. Since 1995, when the exam was modified to its current comprehensive format, 76,325 candidates have sat for the exam and 43,889 have passed either on their first try or on subsequent attempts. The cumulative pass rate is 57 percent. The exam covers nearly 100 topics based on periodic studies of the job knowledge necessary to practice financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against . CFP Board's CFP([R]) Certification Examination requires full integration of knowledge covered in CFP Board's financial planning topic list, similar in concept to the bar examination for licensed attorneys and the exam for licensed CPAs. The next CFP([R]) Certification Examination will be held November 21 and 22. Candidates must qualify to sit for the exam by meeting CFP Board's education coursework coursework Noun work done by a student and assessed as part of an educational course Noun 1. coursework - work assigned to and done by a student during a course of study; usually it is evaluated as part of the student's requirement. The deadline for completed applications is October 8. The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP([R]) certification and upholding it as the recognized standard of excellence for personal financial planning. CFP Board owns the certification marks A certification mark on a commercial product indicates five things:
CFP([R]) - The Recognized Standard of Excellence in Personal Financial Planning |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion