CFSA® Exam Format

The CFSA exam is a 2-hour exam that has two parts and consists of two main types of questions. The first part contains 40 multiple-choice questions. The second part consists of two short case studies that cover reporting under IAS (International Accounting Standards) and financial statement analysis.

CFSA® Workshop & Exam Registration Dates

Workshop DatesJanuaryAprilJulyOctober
Workshop CommencesJanuary 7, 2017April 1, 2017July 1, 2017October 7, 2017
Exam DayMarch 5, 2017June 4, 2017September 3, 2017December 3, 2017

Note: Registration closes two weeks before the workshop date.

Exam Results

The passing score is set by the CFSA Board of Governors after each exam. The notification of results will be communicated via email within 20 business days.

Candidate Eligibility Requirements

Candidates wishing to enroll in the CFSA  program should have a university degree, or at least be at the junior level of a bachelor’s degree program.

Exam Cost

Initial Exam Registration Fees: $799 (Payable in U.S. dollars)

Contact Info

For individual or corporate CFSA inquiries, contact:

Phone: 608.779.2999


For Middle East CFSA inquiries, contact:

Ms Layal El Sabe’
Phone: 00961-1-366535
Fax: 00961-1-366535
Address: Ain Mreisseh, Tina Towers Center, 1st Floor, Beirut, Lebanon
Website: www.ifamena.com
Email: cfsa@ifamena.com; info@ifamena.com