Certified Treasury Professional
Encyclopedia
The Certified Treasury Professional (CTP) is a certification awarded by the Association for Financial Professionals (AFP) of Bethesda, Maryland
to individuals who meet eligibility
criteria and demonstrate current competency
standards measured through the CTP examination.
Once a CTP, certificants must abide by the CTP Standards of Ethical conduct and must enhance their level of knowledge and skills by earning and reporting a prescribed number of continuing finance and business education
credits every three years. The credential can be revoked by the Certification Committee of AFP for unethical behavior or by failure to earn and report continuing education
credits.
Before 1986, the AFP awarded the Certified Cash Manager (CCM) and beginning in 2003 the CCM certification was phased into the current CTP to reflect the expanding role of treasury within corporate finance
.
As of August 2008, 19,198 individuals have earned the credential.
Bethesda, Maryland
Bethesda is a census designated place in southern Montgomery County, Maryland, United States, just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House , which in turn took its name from Jerusalem's Pool of Bethesda...
to individuals who meet eligibility
Eligibility
Eligibility may refer to:* The right to run for office , sometimes called passive suffrage or voting eligibility* Desirability as a marriage partner, as in the term eligible bachelor...
criteria and demonstrate current competency
Skill
A skill is the learned capacity to carry out pre-determined results often with the minimum outlay of time, energy, or both. Skills can often be divided into domain-general and domain-specific skills...
standards measured through the CTP examination.
Once a CTP, certificants must abide by the CTP Standards of Ethical conduct and must enhance their level of knowledge and skills by earning and reporting a prescribed number of continuing finance and business education
Business education
Business education involves teaching students the fundamentals, theories, and processes of business. Education in this field occurs at several levels, including secondary education and higher education or university education. Approximately 38% of student enroll in one or more business courses...
credits every three years. The credential can be revoked by the Certification Committee of AFP for unethical behavior or by failure to earn and report continuing education
Continuing education
Continuing education is an all-encompassing term within a broad spectrum of post-secondary learning activities and programs. The term is used mainly in the United States and Canada...
credits.
Before 1986, the AFP awarded the Certified Cash Manager (CCM) and beginning in 2003 the CCM certification was phased into the current CTP to reflect the expanding role of treasury within corporate finance
Corporate finance
Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...
.
As of August 2008, 19,198 individuals have earned the credential.