Certified Construction Industry Financial Professional (CCIFP)
Construction Financial Management Association
The Certified Construction Industry Financial Professional (CCIFP) premier designation recognizes only those professionals with all-encompassing bodies of knowledge, competency, and ethical behavior. The CCIFP designation demonstrates a high level of competence in all areas of construction financial management
Format
Hybrid
Skills developed through this program
- Apply construction accounting standards and financial reporting methods
- Manage receivables, leases, equipment, and subcontractor payables in construction
- Apply revenue recognition including percentage-of-completion for construction contracts
- Manage contract costs, change orders, and changes in estimates
- Conduct strategic planning, capital budgeting, and cash management for construction firms
- Manage construction-related risk including insurance and surety
Occupations this program prepares you for
Credentials this program stacks toward
No program pathways.
Detailed information about this program
Eligibility There are three different paths that you can choose from when determining your eligibility, for each path there are two sets of criteria you must meet. The first set of criteria is for taking the CCIFP exam. After you have passed the exam there is eligibility you must meet in order to become certified. *Additional Details Regarding Hours of Experience Hours of experience from exam criteria apply to the certification criteria, which means you would need an additional 4,000 hours of experience for path 2 and path 3. Hours of experience must be acquired during the last five years or you can obtain it within five years of passing the exam. This experience must be: 1. In a financial position for a construction contractor. or 2. A provider of accounting and/or financial services to the construction industry.
What you need to earn this credential
No requirements listed.
Eligible funding programs
No funding information available.
Scholarships
No scholarships listed.