Certified Treasury Professional (CTP) Practice Test

Candidates must meet one of two pathways: 1) A minimum of two years of full-time experience in a finance or treasury-related role, or 2) A bachelor's degree or higher in any discipline. The AFP strongly recommends that all candidates have a foundational understanding of finance, accounting, and economics before attempting the exam.

The CTP exam is a computer-based test consisting of 170 multiple-choice questions, of which 150 are scored. Candidates are allotted 4 hours to complete the exam. Questions are designed to test application and analysis across the five core domains of the treasury body of knowledge, with a significant portion involving calculations and scenario-based problems.

While all are prestigious finance credentials, they serve distinct specializations. The CPA focuses on accounting, auditing, and tax compliance. The CFA is centered on investment analysis, portfolio management, and asset valuation. The CTP is specifically dedicated to corporate treasury management-the internal management of an organization's cash, liquidity, funding, financial risk, and working capital. It is the only certification of its kind focused exclusively on this corporate function.

Most successful candidates dedicate 3-6 months of consistent study, depending on their background. The primary resource is the official AFP CTP Exam Review Guide, which aligns directly with the exam blueprint. The AFP also offers live and virtual review courses, practice questions, and flashcards. Supplementing with real-world experience and forming study groups are highly effective strategies.

CTP holders must recertify every three years by earning 36 continuing education (CE) credits. Credits can be obtained through various professional activities, including attending relevant conferences, completing courses, publishing articles, or participating in industry committees. This requirement ensures CTPs remain current with evolving regulations, technologies, and best practices in treasury and finance.