CCP Program > Challenge Exam

New Opportunity for Senior Credit Professionals

Financial management professionals with at least 15 years' experience in credit – including 10 or more years in management – are encouraged to take an equivalency examination in order to be recognized as a CCP-Certified Credit Professional.

Being recognized as a Certified Credit Professional bestows prestige and rewards upon recipients who find themselves in the upper echelon of financial management. If you've got the experience but not the designation, don't you owe it to yourself to test your knowledge and get the accreditation you deserve?

Download Challenge Exam Registration Form (fillable PDF)

Eligibility for Writing the Challenge Exam

Option 1: General Applicants

• Min. 15 years working in credit and/or collections.
• Min. 10 years in a management role.
• Sponsored by a CCP who is in good standing or by the candidate's current employer who agrees to verify the candidate's job experience. Sponsors must be prepared to vouch for candidate's ethics and professional standards.
• Relevant post secondary education: successful completion of the equivalent CCP level courses in: Financial Accounting, Finance, and Canadian Business Law, offered by a recognized post secondary institution. (If taken outside Canada, a letter of equivalency from a registered Canadian body authorized to administer equivalencies should be provided).

Option 2: Current CCE Designation Holders

• Current Certified Credit Executive-CCE designation holders from the National Association of Credit Management are immediately eligible to write the Challenge Exam. A copy of the CCE certificate is required along with the application form.

Knowledge Areas Assessed

Section A (70%) - 4 mandatory questions:

• Financial Statement Analysis (30%)
• Bankruptcy and Insolvency / CCAA (10%)
• Legal Remedies (10%)
• PPSA (10%)
• Credit management/credit policy development (10%)

Section B (30%) pick 3 out of 5 questions:

• International Credit (10%)
• Construction Credit (10%)
• Leasing (10%)
• Piercing the corporate veil (10%)
• Credit Fraud/money laundering (10%)

Four-hour, closed book exam. Passing grade: 70%.
Registration Fee: $550 + GST/HST, including study guide and sample exam.

QUESTIONS? Contact us at geninfo@creditedu.org or 1-888-447-3324.

Scheduled Examination Date

Monday November 21, 2011

Please check back for updates on examination dates.