About CTP
The Certified Turnaround Professional (CTP) designation was introduced in 1993 to provide training and create an objective measure of the experience, knowledge, and integrity that is necessary to conduct corporate renewal work.
A syllabus of material, referred to as the Body of Knowledge (BOK), was developed, which outlines concepts that all professionals practicing corporate renewal should master. The Body of Knowledge includes comprehensive educational material in management and operations, accounting and finance, and law. Review courses and examinations are offered on these topics.
In 2005, the technical proficiency and experience standards were expanded to provide broader access to this valuable CTP program and include a wider range of restructuring professionals who comprise a turnaround team. Review courses and materials outside the examination process are available to any individual interested in expanding his or her knowledge and skills in turnarounds and to companies wanting to offer continuing education to their professionals.
To become a Certified Turnaround Professional (CTP), professionals must meet stringent standards of education, experience, and professional conduct that have been developed and are administered by the standards committee in conjunction with the faculty. Please click on the "Applicants" link and select "Requirements" link to learn more, or click here to download and print a copy of CTP certification requirements.
Each person who completes the requirements is expected to serve his or her clients in an independent, competent, and professional manner, and to exercise unprejudiced and unbiased judgment on each client´s behalf. In addition, each person who achieves certification is required to remain active as a professional, to abide by the association´s Code of Ethics, and to complete at least 50 hours of continuing professional education during each two-year period, including two hours of ethics credit.
To find a Certified Turnaround Professional, please click here: Find a CTP