The Ins(tute of Financial Opera(ons Cer$fied Accounts Payable Professional (CAPP) Cer$fied Accounts Payable Associate (CAPA) by Lorraine Creek, BS, CAPP, CTE / Chair, Cer$fica$on CommiBee
CAPP and CAPA Purpose Goals Value Exam Eligibility Requirements Study Materials Cer$fica$on Exam Areas of Knowledge Recer$fica$on Requirements Con$nuing Educa$on Recogni$on for our Profession Cer$fica$on Council Service Upcoming Ini$a$ves Agenda
CAPP The CAPP Cer$fica$on Program provides a unique dis$nc$on for professionals who exhibit exper$se in the AP discipline by allowing the highest achievers to demonstrate their expansive knowledge base of skills, and be recognized for those abili$es.
CAPA The CAPA Cer$fica$on Program is dedicated exclusively to AP experts who do not meet the exis$ng management/professional experience criteria for CAPP.
Goals CAPP and CAPA Measure, by means of a cer$fica$on exam, the abainment and applica$on of standards in the Accounts Payable discipline. Recognize the abili$es of qualified Accounts Payable professionals and associates. Encourage professional growth and individual study. Enable ongoing achievements for professional and personal advancement.
Value CAPP and CAPA Advanced Knowledge Demonstrate proficiency Validate qualifica$ons and professionalism Prepare to beber adapt to changes and challenges Hone skills through con$nuing professional educa$on Professional Dis$nc$on Ability to add value Dis$nguish yourself from your peers Afford instant professional credibility Recogni$on within the workplace Exemplify high standards of conduct
Career Development Increase earning poten$al Carry weight with employers Strengthen marketability Greater job mobility Personal Reward Value Personal sa$sfac$on of accomplishment Opportunity to test and measure skills Fulfillment of achieving success CAPP and CAPA
CAPP and CAPA Standards of Excellence Professionalism IAPP: Compliance with Code of Ethics as stated in the IAPP Standards upon ini$al cer$fica$on and recer$fica$on Others: No code of ethics required Endorsement IAPP: Cer$fica$ons recognized by the United States government Others: Not recognized
Standards of Excellence CAPP and CAPA Rigor IAPP: Secure on- line tes$ng facili$es with more than 600 convenient tes$ng loca$ons worldwide Others: On- line/open book, pencil- and- paper, as few as three tes$ng loca$ons Competency IAPP: Bi- annual compliance with CPE requirements Others: Annual submission of profession conduct statement without CPE requirements Discipline IAPP: Candidate may retest in subsequent windows Others: Candidate may retest immediately (and within 60 days) un$l passed
Standards of Excellence CAPP and CAPA Commitment IAPP: Provide 90 day late recer$fica$on window and an addi$onal 90 day reac$va$on with fee Others: No reac$va$on permibed a_er cer$fica$on is inac$vated Value IAPP: Free recer$fica$on for members and fee for non- members Others: No charge for non- members
CAPP Cer(fica(on Program Exam Eligibility Requirements Minimum AP management/professional experience, with the applicable degree, as follows: 2 years experience & a Bachelor degree; or 3 years experience & an Associate degree; or 5 years experience with no degree Employment Verifica$on
CAPA Cer(fica(on Program Exam Eligibility Requirements Minimum AP experience, with the applicable degree as follows: 1 year experience and Associate degree; or 3 years experience with no degree Employment Verifica$on
CAPP Cer(fica(on Program Study Materials The Accounts Payable Guide for Professionals FREE Exam Prepara$on Packet, Including Sample Exam Ques$ons Networking through Online CAPP Linked- In group
CAPA Cer(fica(on Program Study Materials The Accounts Payable Guide for Associates FREE Exam Prepara$on Packet, Including Sample Exam Ques$ons Networking through Online CAPA Linked- In group
CAPP Cer(fica(on Program Cer(fica(on Exam 200 Mul$ple Choice Ques$ons 3 Hour Computer Based Test (CBT) Over 600 Tes$ng Facili$es Worldwide Spring and Fall Exam Windows: Fall exam window expected in October - November due to new CAPA materials and exam development. Spring 2013 Exam Window Dates - TBD Immediate Results Issued at Tes$ng Facility
CAPA Cer(fica(on Program Cer(fica(on Exam 100 Mul$ple choice ques$ons 1.5 Hour Computer Based Test (CBT) Over 600 Tes$ng Facili$es Worldwide Spring and Fall Exam Windows: Fall exam window expected in October - November due to new CAPA materials and exam development. Spring 2013 Exam Window Dates - TBD Immediate Results Issued at Tes$ng Facility* *Test results for new exams generally take 8 to 12 weeks
CAPP Cer(fica(on Program Areas of Knowledge (Domains) Rela$onships & Responsibili$es 16% Processing Func$ons 16% Travel and Entertainment 9% Controls 15% Tax and Regulatory Issues 21% Technology 9% Other Topics* - 14% *Opera'on Analysis, Disaster Recovery, Outsourcing/Shared Services, Accoun'ng
CAPA Cer(fica(on Program Areas of Knowledge (Domains) Rela$onships & Responsibili$es 8% Processing Func$ons 30% Travel and Entertainment 12% Controls 12% Tax and Regulatory Issues 20% Technology 12% Other Topics* - 6% *Opera'on Analysis, Disaster Recovery, Outsourcing/Shared Services, Accoun'ng
CAPP Cer(fica(on Program Recer(fica(on Requirements FREE Recer$fica$on for Members Earn 40 (or more) CPE Credits over 2 years Self- cer$fy by submimng a form serving as a signed statement that all applicable recer$fica$on requirements have been met. Sign the IAPP Code of Ethics - - OR- - Re- Take the CAPP Cer$fica$on Exam
CAPA Cer(fica(on Program Recer(fica(on Requirements FREE Recer$fica$on for Members Earn 25 (or more) CPE Credits over 2 years Self- cer$fy by submimng a form serving as a signed statement that all applicable recer$fica$on requirements have been met. Sign the IAPP Code of Ethics - - OR- - Re- Take the CAPP Cer$fica$on Exam
CAPP and CAPA Con(nuing Professional Educa(on Ways to Earn CPE Credits: ABend FUSION Speak in General Session at FUSION Facilitate FUSION Workshop ABend Local Chapter Mee$ngs Present an Educa$onal Session at a Local Chapter Mee$ng Prepare a Publishable Ar$cle for Financial Opera'ons Ma>ers Complete Finance/Accoun$ng College Courses
CAPP and CAPA Con(nuing Professional Educa(on More Ways to Earn CPE Credits: ABend The Ins$tute s Seminars and Workshops ABend The Ins$tute s Webinars and E- learning Programs ABend Training and Submit Ques$ons for Future Exams Serve 1 or more years on: Ask the AP Experts Cer$fica$on CommiBee Membership CommiBee Exhibit Advisory CommiBee Educa$on CommiBee Editorial Advisory CommiBee Local Chapter Officer Local Chapter CommiBee
Recogni(on for our Profession CAPP and CAPA Advance the profession by advoca$ng the benefits of CAPP and CAPA cer$fica$on. Educate your supervisor on the value of cer$fica$on. Request a formal leber of recogni$on at www.financialops.org/cer(fica(on
Cer(fica(on CommiRee CAPP and CAPA CommiBed to the advancement of accounts payable (AP) professionals and associates, and formal recogni$on of their skills in the AP discipline. Responsible for ensuring the accuracy and integrity of the overall CAPP and CAPA Cer$fica$on Programs, and for the development, maintenance, and administra$on of the CAPP and CAPA cer$fica$on exams and their content.
CAPP and CAPA Accomplishments in the Last 12 Months Updated CAPA Cer$fica$on Study Manual CAPA Exam Updated and Scheduled to Launch in Fall of 2012 CAPP- UK Exam Developed and Launched in the UK
CAPP and CAPA Discussion/Ques(ons