Certificate in Treasury Fundamentals Assessment


Assessments are designed to test a student has learnt the required knowledge as specified by the individual learning outcomes of the course. Whilst you are studying it’s up to you to decide when you are ready to opt in and take your assessment.

How is the Certificate in Treasury Fundamentals assessed?

You will take a remotely invigilated exam that will give you a provisional result at the end of the exam and your final grade within five working days of the last exam date.

The exam is taken online via the ACT Surpass, and monitored by our remote invigilators, ProctorExam. This monitoring may be conducted by a live person (an invigilator referred to as a proctor) in real time or recorded and reviewed later.

There are technical requirements for the equipment you need to use to take the exam and you must test your PC in advance of the exam with ProctorExam. Further information on this and a user guide are available on the Get set up page.

Format of the exam

The assessment is a 90 minute exam containing 75 multiple choice questions (MCQs) as shown below:

Section & Number of MCQs
Calculation Questions - 16
Unit One - 22
Unit Two - 21
Unit Three - 16

Whilst the nominal pass mark for the CertTF is 75%, in order to pass the assessment each candidate must score at least 8 of the 16 calculation questions correctly. The calculation questions are taken from each of the three unit learning areas.

Exam fees

GBP 95
AED 470
USD 125
Plus any applicable sales taxes/VAT

Pass rates

The pass rates for previous assessment sessions of the Certificate in Treasury Fundamentals exams is available here. It also shows the percentage of candidates who scored a distinction. Pass rates will be updated after each exam session.

Exam dates

There are four assessment sessions each year. Please note that the exam window for CertTF is based on a time zone of London (UTC +/-0 hours). These dates may appear differently on the ACT eAssessment site depending on the time zone you select when scheduling your exam time.

First window for 2019 (bookings open)

Assessment booking deadline:
Friday 25 January 2019, closing at 5pm

Exam window:
19-22 February 2019

Results release:
1 March 2019

Second window for 2019

Assessment booking deadline:
Friday 5 April 2019, closing at 5pm
Bookings open on 1 March 2019.

Exam window:
30 April - 3 May 2019

Results release:
10 May 2019

Third window for 2019

Assessment booking deadline:
Friday 21 June 2019, closing at 5pm
Bookings open on 10 May 2019.

Exam window:
16-19 July 2019

Results release:
26 July 2019

Fourth window for 2019

Assessment booking deadline:
Friday 4 October 2019, closing at 5pm
Bookings open on 26 July 2019.

Exam window:
29 October - 1 November 2019

Results release:
8 November 2019

Exam results
You will receive a provisional pass/fail result at the end of the exam and the final result will be released 5 working days after the last exam window date.

Book your CertTF assessment

Step 1: Are you an ACT CertTF student member or an ACT eAffiliate member? If you have not joined as a member you will need to do this and create an ACT web account first.

Step 2: Check the assessment window of dates and the fee.

Step 3: Log in to your ACT account and complete the assessment booking form

Have your credit/debit card details to hand, you will be required to make online payment through WorldPay.

ACT CertTF student membership

You need to join as an ACT CertTF student member before you can book and sit the assessment. If you have chosen to study with the ACT Learning Academy you will join as a student member at the same time as you book your online course via the ACT Learning Academy. Your student membership will be valid for the duration of your ACT Learning Academy 12 month learning licence.

If you are studying with an ACT Approved Centre or have chosen the assessment only route, you need to join as an ACT eAffiliate member here You will need to keep your membership up to date to book and sit the assessment.

You can find out more about membership here.

What happens next? +
  • On submission of the assessment booking form you will receive an automated summary email of your selection and a worldpay emailed receipt.
  • Your booking will be processed within five working days and you will be sent an email confirming that you have been booked.
  • If you applied for reasonable adjustment, the ACT assessment team will be in contact with you to make the necessary arrangements.
Reasonable adjustment for taking an assessment +
It is important that you inform the ACT if you have a permanent or temporary condition that you wish to be taken into consideration when taking your assessment. If you need any reasonable adjustment, complete the form below. You must notify the ACT no later than 6 weeks before your assessment date.
Please read the Reasonable Adjustment policy to see if you are eligible and the documentation we will require.
Click here and enter your username and password. It will take no more than five minutes. You will be asked for the reason for your adjustment and your specific requirements. You will also have to upload the supporting documentation

building futures image
Shaping Careers

Join ACT networks

ACT Learning Academy


Please wait....