Personal Financial Planning for Accountants - v11 (Course Id 1958)

Finance - Finance for Course Id 1958

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. 

NASBA QAS - Text - Technical - NASBA Registry - 1958

Chapter 1
What You Should Know About Financial Planning

• Recognize the personal financial planning process.
• 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

Chapter 2
Time Value Applications

• Identify how the time-value of money affects financial decisions.
• Recognize the importance of future value tables.
• Recognize how to use different rules in financial decision making.

Chapter 3
Personal Financial Statements and Budgeting

• Recognize the balance sheet (net worth statement) for personal net worth.
• Identify the reasons for budgeting.

Chapter 4
Career Planning and Financial Success

• Recognize career paths motivation.
• Identify job benefit options.
• Identify some of the work-at-home benefits.

Chapter 5
Planning for College Education

• Calculate how much money savings required for a college education.
• Identify ways to finance college education.
• Identify sources of financial aid.
• Recognize Federal government programs.

Chapter 6
The Return and Risk of Your Investments

• Recognize risk and assess the risk-return trade-off.
• Recognize different investment vehicles and outline their risk-return characteristics.
• Identify the different types of risk and ways to reduce overall risk.

Chapter 7
Banking and Cash Management

• Identify attributes of different short-terms investment vehicles.
• Identify different banking tools available.
• Recognize some of the banking regulations to help protect accounts.

Chapter 8
Managing Debt

• Recognize the different factors of credit ratings and FICO scores.
• Recognize various debt management strategies and debt/equity ratios.
• Identify aspects of bankruptcy law.

Chapter 9
How to Reduce the Costs of Living

• Identify ways to save on living costs.
• Recognize leasing decisions and rules.

Chapter 10
Where and How You Choose to Live

• Recognize factors in whether to buy or rent a home, and the different cost factors for housing and home financing.

Chapter 11
Life, Health, Property, and Liability Insurance

• Identify the types of risk that need to be protected.
• Identify a variety of life insurance policies and organizations.
• Recognize medical and health insurance coverage attributes, and different policy attributes for property insurance.

Chapter 12
Investments and Planning

• Identify investment strategies and sources of investment money.
• Recognize the different risk factors for investments.

Chapter 13
Investing in Common Stock

• Identify the types of common stock and stock valuation methods using some practical approaches.
• Recognize ways to measure market-risk.

Chapter 14
Fixed-Income Securities and Real Assets

• Identify the terms and features of bonds, and the types of bonds and methods for selecting bonds.
• Calculate yield (effective rate of return) on a bond.
• Recognize differences between bonds and preferred stock and identify other fixed-income securities.
• Identify the pros and cons of investing in real estate and the types of real estate investments.
• 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.

Chapter 15
Funds and Diversification

• Recognize the attributes and types of mutual funds and ETFs.

Chapter 16
Retirement and Estate Planning

• Identify different types of retirement options.
• Recognize the steps to be taken for retirement planning.
• Recognize alternative options for meeting retirement financial requirements.
• Identify the objectives of estate planning.
• Recognize the purpose of different legal documents.

Chapter 1:   What You Should Know About Financial Planning

Learning Objectives

The Benefits of Financial Planning

Chapter 1 Review Questions

Chapter 2:   Time Value Applications

Learning Objectives

Time Value of Money

Chapter 2 Review Questions

Chapter 3:    Personal Financial Statements and Budgeting

Learning Objectives

Developing a Financial Statement

Chapter 3 Review Questions

Chapter 4:    Career Planning and Financial Success

Learning Objectives

Career Plans

Chapter 4 Review Questions

Chapter 5:    Planning for College Education

Learning Objectives

College Education Financials

Strategies for Funding College Tuition

Chapter 5 Review Questions

Chapter 6:   The Return and Risk of Your Investments

Learning Objectives

Investing

Chapter 6 Review Questions

Chapter 7:    Banking and Cash Management

Learning Objectives

Banking

Chapter 7 Review Questions

Chapter 8:    Managing Debt

Learning Objectives

Credit Cards

Bankruptcy Law

Chapter 8 Review Questions

Chapter 9:    How to Reduce the Costs of Living

Learning Objectives

Reducing the Cost of Living

Chapter 9 Review Questions

Chapter 10:    Where and How You Choose to Live

Learning Objectives

Home Ownership

Chapter 10 Review Questions

Chapter 11:    Life, Health, Property, and Liability Insurance

Learning Objectives

Insurance

Chapter 11 Review Questions

Chapter 12:    Investments and Planning

Learning Objectives

Getting Started as an Investor

Chapter 12 Review Questions

Chapter 13:    Investing in Common Stock

Learning Objectives

Common Stock

Chapter 13 Review Questions

Chapter 14:    Fixed-Income Securities and Real Assets

Learning Objectives

Fixed Income Securities

Investing in Tangibles � Real Estate and Other Real Assets

Real Estate

Indirect Real Estate Investments

Chapter 14 Review Questions

Chapter 15:    Funds and Diversification

Learning Objectives

Mutual Fund Investing

Chapter 15 Review Questions

Chapter 16:    Retirement and Estate Planning

Learning Objectives

Retirement Planning

Estate Planning

Chapter 16 Review Questions

Appendix - Valuation Tables

Glossary