CCIFP

What CCIFP does

CCIFP (Certified Construction Industry Financial Professional) is a professional certification program operated as an unincorporated division of the Construction Financial Management Association (CFMA), a nonprofit association based in Princeton, NJ. Originally established under the Institute of Certified Construction Industry Financial Professionals (ICCIFP), the certification merged with CFMA effective April 2021 and holds ANSI/ISO/IEC 17024 accreditation from ANAB, making it the only ANSI-accredited accounting certification for construction financial professionals. The program validates expertise across eight knowledge domains (Accounting & Reporting, Revenue Recognition Methods, Budgeting and Planning, Risk Management, Taxes, HR, Legal, and IT) for CFOs, controllers, financial managers, CPA advisors, surety underwriters, and lenders serving the construction industry.

Name

CCIFP

Legal name

Construction Financial Management Association

Website

https://ccifp.cfma.org

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

CCIFP is the only ANSI-accredited professional certification for construction financial professionals, administered by CFMA as a nonprofit division. It credentials CFOs, controllers, CPAs, surety underwriters, and lenders across eight construction finance knowledge domains.

Ownership category

akta.pro rank

Product category

Professional Certification Services

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Finance, Accounting & Risk (CFA/CPA/FRM) Certifications (EDAAANAD)

akta.pro secondary industry

Construction & Trades Licensure (Contractor, Electrician, Plumber, HVAC CE) (EDAAALAH)

Keywords

• Construction finance certification
• Professional accounting certification
• Construction industry credentials
• Financial professional designation
• ANSI accredited certification

Headquarters

HQ city

Princeton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Certification Application Fees: First-time candidates pay a $250 non-refundable application fee; returning candidates pay $100. These fees cover the application review and processing.
2. Examination Fees: Candidates pay $600 for initial exam (refundable up to 90 days) and $200 for retakes. Exam fees are fully refundable within 90 days of application.
3. Annual Recertification Fees: Active CCIFPs pay $200 annually for recertification maintenance. Annual invoices are sent in December and must be paid by March 31.
4. Extension and Change Fees: $150 examination extension fee for additional testing time; $150 fee for switching testing platforms (Pearson Vue to LRP or vice versa).
5. Emeritus Status Fee: One-time $100 application fee for CCIFP Emeritus status for retired professionals.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

CCIFP delivers the Certified Construction Industry Financial Professional credential, the only ANSI/ANAB-accredited accounting certification for construction financial professionals. The program validates expertise across eight construction-finance knowledge domains and is maintained through annual recertification and 72 CPE hours every three years. Supporting the credential are paid educational products including an Overview Seminar, Study Guide, on-demand Exam Prep Courses, and the CFM Reference Guide.

Product overview

CCIFP (Certified Construction Industry Financial Professional) is a professional certification program operated by CFMA's Certification Division. The core offering is the CCIFP certification itself, the only accounting certification for construction financial professionals accredited by ANSI/ANAB. Supporting the certification are multiple educational products: the CCIFP Overview Seminar (8-hour preparatory instruction available live or on-demand), the CCIFP Study Guide (with sample questions and flashcards), CCIFP Exam Prep Courses (on-demand domain-specific courses), and the CFM Reference Guide ('The Book', the authoritative reference publication for construction accounting). Additional offerings include Online Courses & Webinars, the CCIFP Pledge Program for accountability, and Live Remote Proctoring for exam delivery. The program also includes Chapter Champions for local chapter support and Emeritus Status for retired professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• CCIFP Certification Program The Certified Construction Industry Financial Professional (CCIFP) certification is the premier professional designation for construction financial professionals, recognized as the only accounting certification for this audience accredited by ANSI/ANAB. The program validates expertise across eight knowledge domains and requires ongoing continuing professional education for maintenance. Available to candidates with qualifying education and experience combinations.
• CCIFP Overview Seminar An eight-hour instructional program available in both live and On-Demand formats that prepares candidates for the CCIFP exam. Live seminar attendees receive the CCIFP Study Guide as part of the program. Designed for candidates seeking structured classroom-style preparation.
• CCIFP Study Guide

Quantifiable outcome

• 52% of CCIFPs have received an increase in salary based on a 2021 poll
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• ASA (Associated Subcontractors Association)coreStrategic or Co-development PartnerASA is an industry endorsement partner for the CCIFP certification, recognizing it as the standard for construction financial professionals. ASA promotes CCIFP certification among its member subcontractors.
• CICPAC (Construction Industry CPAs/Consultants Association)coreStrategic or Co-development PartnerCICPAC is an industry endorsement partner for the CCIFP certification, recognizing the credential as important for construction accounting professionals.
• IRMI (International Risk Management Institute)coreStrategic or Co-development PartnerIRMI is an industry endorsement partner for the CCIFP certification, supporting the credential as important for risk management in construction.
• NASBP (National Association of Surety Bond Producers)coreStrategic or Co-development PartnerNASBP has included CCIFP as an important criteria on their model contractor questionnaire and is an endorsement partner recognizing CCIFP as important for surety professionals.
• Pearson VUEcoreTechnology or IntegrationPearson VUE provides the computer-based testing platform for CCIFP examinations. Candidates can schedule exams at Pearson VUE test centers worldwide within 90 days of receiving authorization.
• ANAB (ANSI National Accreditation Board)coreStrategic or Co-development PartnerANAB granted CCIFP accreditation under ANSI/ISO/IEC 17024 for personnel certification bodies, representing the highest standard in personnel certification accreditation.
• CPE Educational Providers NetworkminorChannel Partner/ Reseller/ DistributorNetwork of approved CPE providers including Associated Builders and Contractors, Associated General Contractors, AICPA, American Subcontractors Association, CLA, IRMI, and others that offer continuing education credits accepted for CCIFP recertification.
• Grant Thornton LLPminorStrategic or Co-development PartnerGrant Thornton conducted the '2007 Surety Credit Survey for Construction Contractors: The Bond Producer's Perspective' which cited CCIFP as important criteria. Seven out of 10 bond producers surveyed identified CCIFP as important for construction clients seeking surety credit.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• CFA Institute: Issuer of the CFA charter, a globally recognized finance professional certification. Closely comparable business model (multi-level exam, ongoing ethics/CPE, ANSI-equivalent accreditation in many jurisdictions) and addresses a similarly specialized finance niche.
• AICPA (American Institute of Certified Public Accountants): Issues the CPA credential, the most analogous U.S. accounting certification program. Operates the same business model of standardized examination, ongoing CPE requirements, and member-based governance that CCIFP mirrors, but at vastly greater scale and breadth.
• GARP (Global Association of Risk Professionals): Issuer of the FRM (Financial Risk Manager) credential, operating an exam-based certification with recurring membership and CPE requirements for finance/risk professionals. Closely aligned operating model and accredited-personnel-certification posture.
• The IIA (Institute of Internal Auditors): Issuer of the CIA (Certified Internal Auditor) credential via exam and CPE maintenance. Direct comparable in operating a specialty finance/audit certification program with ANSI-style accreditation and recurring revenue from recertification.
• PMI (Project Management Institute): Issuer of the PMP credential with a global exam-and-CPE model that is highly analogous to CCIFP's. Comparable in serving a specialty professional niche (project management) rather than generalist finance.
• IMA (Institute of Management Accountants): Administers the CMA (Certified Management Accountant) credential with similar exam-based certification and CPE maintenance requirements. Directly comparable operating model and target audience of corporate financial professionals.

Broad incumbents

• ASA (American Subcontractors Association): Industry association endorsing CCIFP and representing subcontractors. Comparable as a broad construction-industry body with educational programming, but not a credentialing body itself.
• CFMA (Construction Financial Management Association): Parent organization of the CCIFP Certification Division. Operates the broader membership, education, conference, and chapter network that CCIFP leverages for distribution, making it the closest large incumbent and infrastructure peer.
• CICPAC (Construction Industry CPAs/Consultants Association): Industry association and CCIFP endorsement partner serving construction-focused accounting and consulting professionals. Comparable in targeting the same construction-accounting niche but as a membership/education body rather than a credentialing body.
• NASBP (National Association of Surety Bond Producers): Industry association for surety bond producers that includes CCIFP as a criterion on its model contractor questionnaire. Comparable in serving the construction-surety ecosystem and influencing contractor qualification standards.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ConstructionFinancialManagementAssociation
• Xx.com/CFMA
• LinkedInlinkedin.com/company/cfma_ccifp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CCIFP