Update: A detailed list of changes to CPCU® 540 is now available here.

The Institutes™ has formally added CPCU 540 – Finance and Accounting For Insurance Professionals™ to their list of updated courses. The announcement posted on The Institutes’ official website confirms that there are a number of topics affected by this update to CPCU 540.

The new third edition textbook will include new content or changes relating to the following subjects:

  • Financial intermediation
  • Risks to financial institutions
  • Fintech/insurtech
  • A.M. Best’s updated financial strength rating process
  • Derivatives
  • Accounting changes for reporting stock investments
  • Insurance securitization

For those of you who currently are using the second edition textbook, here are two key dates you need to know:

  • Students have until June 15, 2018 to take exams based on the current second edition textbook.
  • Starting July 2018, all tests will be based on the new third edition textbook only.

We’ve updated our study guide!

We’ve launched our CPCU 540 study materials, which is based on this latest third edition release! It is jam-packed with tons of bonus content to help you master the concepts – get your e-bundle today!

CPCU 540 Study Guide e-Bundle – Only $18.99

  • For use with 3rd edition textbook
  • FREE lifetime updates (whenever we update our materials, you get access to the new version at no additional charge)
  • Delivered instantly as PDF (up to 5 download attempts within 1 year of purchase date)
  • Includes:
    • Study Guide
    • BONUS: Introductory Lessons
    • BONUS: Formulas Module
    • BONUS: Formulas Cheat Sheets
    • BONUS: How to Memorize CPCU Formulas
    • BONUS: GAAP Formulas & Ratios Practice Problems
    • BONUS: How to Do GAAP Financial Statement Analysis
    • BONUS: GAAP vs SAP Reference Sheet
    • BONUS: IRIS Ratios Reference Sheet
    • BONUS: Cash Flow Valuation Practice Problems (with walk-throughs)

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