Candidate Handbook

Everything you need to know to become AFCC® Certified

The AFCC® Candidate Handbook has been created to help provide candidates with everything they need to know for the AFCC® certification lifecycle. In addition to the information contained on this site, you can download a PDF copy of the Candidate Handbook and understand the fundemental reuqirements one must meet in order to bestowed the industry leading designation for accredited financial practitioners, the Accredited Financial Counsellor Canada® Designation (AFCC®)

OACCS Executive Director, AFCC® Program

Course of Study and Examinations

Achieving your AFCC® Designation requires completion of the course work of both the:

  • Personal Finance Module
  • Financial Counselling and Debt Management Module

Experience Component

To ensure we uphold the highest standards, all AFCC® candidates must meet an experience requirement in the field of financial counselling or education.

AFCC® certified professionals work in many different fields, and in many different roles. We love this diversity and want to provide candidates many ways to earn experience hours and succeed.

1000 hours of experience is a mandatory requirement in order to be eligible to receive the AFCC® Designation.

Acceptable experience includes:

  • Offering one-on-one counselling or advising services for clients
  • Developing and conducting education and training for clients
  • Developing education and training programs for financial counsellors
  • Conduct educational training for financial counsellors
  • Serving as an education director for a financial counselling organization
  • Supervising financial counsellors
  • Support clients as they work through their financial challenges and opportunities
  • Guide clients in developing successful strategies to achieve their financial goals
  • Educate clients in sound financial principles

Final Certification Documentation: Complete the AFCC® final certification documentation. Final certification documentation includes:

  1. Completion of professional information form documenting work experience*
  2. Submission of the employment verification form to be signed by the applicant’s supervisor or, if self-employed, by an individual knowledgeable about the applicant’s practice
  3. Agreement to adhere to the AFCPE Code of Ethics*The experience requirement can be met before or after the candidate completes the exam requirement. Certification will not be granted until all of the requirements have been completed successfully.

Post Certification Requirements

AFCPE® and CAFE supports the ongoing professional development of its certificants. The mandatory renewal process provides certificants with the opportunity to demonstrate the reinforcement and expansion of their knowledge and skills pertaining to the full spectrum of personal finance and counseling. Renewal also provides encouragement to, and acknowledgment for, participation in ongoing professional development activities and lifelong learning. Therefore, the renewal requirements include continuing education and professional activities that enhance ongoing professional development, recognize learning opportunities, promote continuing competence and provide a process for both obtaining and recording professional development achievements.

Professional development is a career-long process. Over the course of a career, many changes will occur in a field of study or profession requiring an updating of knowledge and skills. These changes include the introduction of new and varied products and services offerings in the financial marketplace as well changes in laws and technical knowledge related to personal finance and counselling. The purpose of requiring certificants to receive continuing education is threefold:

  • to enhance the individual professional’s capacity to serve his or her constituents,
  • to protect the public interest, and
  • to uphold the rigor of the certification programs.

To maintain competence and prevent professional obsolescence, the Certification Council requires that each AFCC® certificant participate periodically in continuing education to refresh existing knowledge and skills, and to acquire knowledge and proficiency pertaining to new advances as well as state of the art information over the full spectrum of personal finance and counselling.

Two Examinations: 70% Required on both Exams

Candidates must secure their own proctor for exams. A list of proctors is not provided - but a simple web search for proctoring services in your area usually provides several options including local colleges or universities, adult education centers, or libraries.

In order to maintain the integrity of the exam, AFCPE® has implemented a proctor policy that prohibits family members, employees, colleagues or private individuals from proctoring exams. A candidate’s proctor must be a third party with no association with them or their employer and cannot be a family member.

Virtual proctoring is offered through ProctorU, a web-based proctoring service. ProctorU allows for testing 24 hours a day, 7 days a week from home or any location with access to a computer with high-speed internet, a webcam and speakers. See Exhibit B for instructions for utilizing ProctorU.

Personal Finance Exam
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Financial Counselling and Debt Management Exam
%

The AFCC designation enables the individual to work with clients in a preventative education setting to assess and improve their financial decision making. AFCC professionals work across Canada as researchers or educators in schools, individual financial practitioners, financial planning firms, law firms, credit and debt repayment agencies, bankers and credit unions, mortgage agents, real estate professionals, lending specialists, government agencies, social workers, tax consultants, and paralegals, accountants, investment advisors, life coaches, office of the superintendent of bankruptcy and many other organizations committed to improving the financial capability of individuals and families.

Multiple Choice Questions
Examinations
Hours of Experience
3 Years from Date of Registration to Complete All Course Components

AFCC® Registration Transfer

Individuals enrolled in the Accredited Financial Counsellor Canada (AFCC) program may have a career re-direction or life circumstance where they are unable to continue with their course of study.  Instead of forfeiting their registration, they may substitute and transfer their registration to another individual.

Contact our office to request an AFCC® registration transfer from one individual to another. A transfer fee of $300 must be made to complete this request. The newly enrolled candidate will need to acquire the study materials (textbooks) from the original enrollee. Access to the AFCC Study Guides will be available via the myAFCPE dashboard. The newly enrolled candidate will need to complete all certification requirements by the original enrollee's deadline. Please Note: This transfer request does not include transfer of Membership (if applicable).

AFCC® Registration Transfer / Substitution Request Form

To transfer an AFCC® Registration to another individual.

Complete this form to request an AFCC® registration transfer from one individual to another. A transfer fee of $300 must be made to complete this request. The newly enrolled candidate will need to obtain the study materials (textbooks) from the original enrollee. CAFE will provide access to the AFCC® Online Study Guide via their AFCC dashboard. The newly enrolled candidate will need to complete all certification requirements by the original enrollee's deadline. Please Note: This transfer request does not include transfer of CAFE Membership. (If applicable)

Billing Information

Billing Contact Name(Required)
Billing Contact Email(Required)

Original Enrollee Information

Original Enrolled Name(Required)
Provide the name of the candidate you are requesting to transfer the registration FROM.
The email address which the candidate used to access myAFCPE.

Transferee Information

Transferee Name(Required)
Provide the name of the candidate you are requesting to transfer the registration TO.
Transferee Email Address(Required)
Enter the email you would like associated with the new myAFCPE account.
Transferee Address
Used to establish exam eligibility

Payment Information