CFP Board Announces Results For March 2009 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 52.3 percent of the 2,063 individuals who sat for the March 20-21, 2009 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, 80,708 candidates have sat for the exam and 46,257 have passed either on their first try or on subsequent attempts. The cumulative pass rate is 57 percent. The exam covers 89 topic areas 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 July 17 and 18, 2009. 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 June 3, 2009. 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. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP([R]) certificants and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . 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 |
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