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Finance and Measures Fundamentals Certification (TOCFC™)

The FM Fundamentals Exam offers a globally recognized certification for those who demonstrate a clear, foundational understanding of the TOC core beliefs, concepts and principles for Finance and Measures. This certification is also the first step toward earning advanced credentials as a Certified Practitioner or Certified Implementer in Finance and Measures. Upon passing, you’ll become TOC Fundamentals Certified (TOCFC™) in FM and receive a digital certificate.

why take the exam?

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If you work in finance or are involved in financial decision-making within your organization, understanding the Theory of Constraints (TOC) approach to finance and measures - such as the principles of Throughput Accounting - is essential.  Gaining this foundational knowledge and shared language can significantly enhance your ability to improve financial performance and support better business decisions.  Earning this certification is a meaningful professional milestone and personal achievement.

  • Exam Structure

    • 40 multiple-choice questions

    • 2-hour time limit

    • Available online: English

    • Available in-person: English

  • TOCICO members receive a special price for all certification exams.

    The exam fee for non-members includes 1-year of TOCICO membership.

Exam Areas & Learning Objectives

Terms / Concepts

Measurements

Applications 

Study Materials

Recommended (Free to Members):

Developing Local Operations Indicators and Money Buffers

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Finance & Measures Basics workshop

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Evaporating Cash Constraint the TOC Way 

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Throughput Accounting - Its Past, Present and a Vision for the Future

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Finance and Measures Certification Reveiw

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TOCICO Finance & Measurements Exam Review Workshop

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Other Resources:
Please note the items below are NOT included in TOCICO membership; there are discounts available through Goldratt Marketing.

Online Exam Registration

Get Certified Online

TOC + Healthcare Online Conference       |        Available On Demand

TOC Innovative Summit 2025        |        On Demand

Engage with TOC Certified Professionals
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Become a Member

TOCICO is committed to advancing the adoption of the Theory of Constraints (TOC). As a TOCICO member, you'll receive many benefits including full access to the world’s largest repository of TOC resources. Ignite your TOC journey—gain powerful tools and insights, connect with a global network of innovators, and invest in your growth with everything TOCICO membership has to offer.

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