|Author :||Jae K. Shim, Ph.D., CPA|
|CPE Credits :||17.5|
|IRS Credits :||0|
|Passing Score :||70%|
|Course Type:||NASBA QAS - Text - Technical - NASBA Registry|
|Primary Subject-Field Of Study:||
Finance - Finance for Course Id 909
Personal Financial Planning for Accountants is a comprehensive course on personal finance. What is more important to the "average person”' than making sure their finances are secure using proper planning and money management? This course includes all the major areas in personal financial planning - planning your personal finances, managing your personal finances, making your purchase decisions, insuring your resources, investing your financial resources, and controlling your financial future. Topics covered include time value calculations, budgeting, career planning, banking, insurance, home buying, consumer credit and money management, investment planning, retirement planning, and estate planning.
|Usage Rank :||0|
|Prerequisites :||Basic Math.|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :|
|Advance Preparation :||None.|
|Delivery Method :||QAS Self Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||08-Jan-2020|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - Text - Technical - NASBA Registry - 909
|Keywords :||Finance, Personal, Financial, Planning, Accountants, v09, cpe, cpa, online course|
|Learning Objectives :||
Identify the objectives and key areas of personal financial planning.
Recognize how the stages in life affect financial planning.
Recognize how inflation and other economic factors affect financial planning
Recognize the importance of future value tables.
Recognize how to use different rules in financial decision making.
Identify the reasons for budgeting.
Identify job benefit options.
Identify some of the work-at-home benefits.
Identify ways to finance college education.
Identify sources of financial aid.
Recognize Federal government programs.
Recognize different investment vehicles and outline their risk-return characteristics.
Identify the different types of risk and ways to reduce overall risk.
Identify different banking tools available.
Recognize some of the banking regulations to help protect accounts.
Recognize various debt management strategies and debt/equity ratios.
Identify aspects of bankruptcy law.
Recognize leasing decisions and rules.
Identify a variety of life insurance policies and organizations.
Recognize medical and health insurance coverage attributes, and different policy attributes for property insurance.
Recognize the different risk factors for investments.
Recognize ways to measure market-risk.
Calculate yield (effective rate of return) on a bond.
Recognize differences between bonds and preferred stock, and identify other fixed-income securities.
Recognize factors to be considered regarding a real estate investment.
Recognize indirect real estate vehicles such as real estate investment trusts (REITs) and limited partnerships.
Recognize the steps to be taken for retirement planning.
Recognize alternative options for meeting retirement financial requirements.
Recognize the purpose of different legal documents.
|Course Contents :||
Chapter 1: What You Should Know About Financial Planning
The Benefits of Financial Planning
Chapter 1 Review Questions
Chapter 2: Time Value Applications
Time Value of Money
Chapter 2 Review Questions
Chapter 3: Personal Financial Statements and Budgeting
Developing a Financial Statement
Chapter 3 Review Questions
Chapter 4: Career Planning and Financial Success
Chapter 4 Review Questions
Chapter 5: Planning for College Education
College Education Financials
Strategies for Funding College Tuition
Chapter 5 Review Questions
Chapter 6: The Return and Risk of Your Investments
Chapter 6 Review Questions
Chapter 7: Banking and Cash Management
Chapter 7 Review Questions
Chapter 8: Managing Debt
Chapter 8 Review Questions
Chapter 9: How to Reduce the Costs of Living
Reducing the Cost of Living
Chapter 9 Review Questions
Chapter 10: Where and How You Choose to Live
Chapter 10 Review Questions
Chapter 11: Life, Health, Property, and Liability Insurance
Chapter 11 Review Questions
Chapter 12: Investments and Planning
Getting Started as an Investor
Chapter 12 Review Questions
Chapter 13: Investing in Common Stock
Chapter 13 Review Questions
Chapter 14: Fixed-Income Securities
Fixed Income Securities
Chapter 14 Review Questions
Chapter 15: Investing in Tangibles Real Estate and Other Real Assets
Indirect Real Estate Investments
Chapter 15 Review Questions
Chapter 16: Funds and Diversification
Mutual Fund Investing
Chapter 16 Review Questions
Chapter 17: Retirement Planning
Chapter 17 Review Questions
Chapter 18: Estate Planning
Chapter 18 Review Questions
Appendix - Valuation Tables