2020 CEPI texts

The NCEO publishes almost all of the texts by the Certified Equity Professional Institute (CEPI) in its industry-standard certification program. As of 2020, CEP students no longer have to buy books from us; the CEPI has licensed the books from us and provides free digital access to you after you register and pay for the exam. Holders of CEPI certifications also receive digital access from the CEPI. See the CEPI for details. However, we are happy to sell print versions to you. Please note that CEP print book purchases will not be refunded after January 31, 2020. The Securities Sources book is no longer part of the CEPI curriculum and is out of print. (We do not sell Consider Your Options because we do not publish it; you can buy it on Amazon, etc.)

Don't forget to order the CEPI Exam Prep Course, which is an invaluable study tool for anyone preparing for the exam. Log in here if you already bought it.

Book Links and Discount Code for Students Buying Print Copies

Remember, the CEPI will give you free access to digital copies. CEP print book purchases will not be refunded after January 31, 2020. If you are a CEPI student but are not an NCEO member (most candidates are not), you can use the coupon code CEPIstudent in checkout to discount the books to the same prices that NCEO members get.

Required for all levels:

Selected Issues in Equity Compensation, 16th ed.

The Stock Options Book, 20th ed.

Equity Alternatives, 17th ed.

GPS 4-in-1 Volume 2020

Required for levels 2 and 3

Accounting for Equity Compensation, 16th ed.

Required for level 3

Advanced Topics in Equity Compensation Accounting, 9th ed.

Other Notes About the Books

Starting in 2020, the books are no longer indexed since the digital texts will be searchable. Thus, the print books don't have indexes. They also are perfect-bound, not spiral-bound, as the 2019 books were. Aside from PDF versions available on this site, all of the NCEO books (meaning everything except the GPS book, which we publish for the CEPI) are available in the Kindle bookstore on Amazon; a few are available in print form on Amazon as well.

CEPI Exam Prep Course

Our CEPI Exam Prep Course runs every spring and fall to prepare candidates for the CEPI exam.

CEPI Exam Discount for NCEO Members

The NCEO is on the CEPI Advisory Board, and the CEPI extends a discount to NCEO members (see below for eligibility). This opportunity saves you $200 on new Level 1 exam registration fees. To take advantage of this offer, contact the CEPI at 408-554-2187.

Note: Eligible registrations include new Level 1 registrations for individuals who are involved in administering or managing their own company's equity programs. This cannot be combined with any other discounts. Deferrals and re-tests are not eligible for a discount. Individuals already registered are not eligible for a retroactive discount. Candidates from service providers do not qualify. Questions regarding eligibility can be directed to the CEPI at 408-554-2187.