Home
0
Home
Use Landscape to see Search/Filter
Item Types:
Field of Study:
Authors:
CPE Hours:
Keyword:
Hide left panel Collapse Menu
Show left panel
Recent Searches
No recent searches found.
A~B
Similar Courses

Here is the outline of the AI in accounting and finance course:

  1. The history of ChatGPT and Large Language Models (including about me)

  2. Why it is essential for forward-thinking accounting firms

  3. The shortcomings

  4. How you benefit from ChatGPT

  5. The best use cases (in overview)

  6. How to set up your account and use ChatGPT

  7. Prompt engineering and why it is so important

  8. Setting up your custom instructions – the most powerful feature

  9. Ways to improve your practice management, get help with client communications, and an introduction to your new marketing assistant for powerful practice growth

  10. More powerful use cases and advanced features

In more detail here are the sections:

1. The Genesis of ChatGPT and Large Language Models

  • Trace the evolution of ChatGPT and its significance to the accounting profession.

  • Differentiate between ChatGPT and other language models.

  • Illustrate the core features that make ChatGPT unique.

2. The Accounting Revolution: Why ChatGPT Is Your Firm's Future

  • Explain the competitive edge ChatGPT provides to accounting firms.

  • Illustrate the efficiency and accuracy benefits of integrating ChatGPT.

  • Adopt strategies to seamlessly integrate ChatGPT into daily operations.

3. The Other Side: Pitfalls of Relying Solely on ChatGPT

  • Identify potential challenges and shortcomings of using ChatGPT.

  • Strategize methods to mitigate these challenges in professional scenarios.

4. The ChatGPT Advantage: Unveiling Your Secret Weapon

  • Harness the transformative potential of ChatGPT for your firm.

  • Quantify the ROI of incorporating ChatGPT into business operations.

  • Position ChatGPT as a reliable assistant in your workflow.

5. ChatGPT in Action: Real-world Applications for Accountants

  • Evaluate practical scenarios where ChatGPT excels.

  • Integrate ChatGPT in specific accounting tasks for improved efficiency.

  • Deliver innovative solutions using ChatGPT to tackle accounting challenges.

6. Step by Step: Setting Up and Unleashing ChatGPT's Potential

  • Execute a smooth setup of your ChatGPT account.

  • Navigate and utilize core functionalities for optimal results.

  • Implement best practices for best results.

7. The Art of Prompt Engineering: Why It's the #1 skill you must master

  • Craft precise prompts to retrieve accurate and relevant responses.

  • Tailor prompts for specific accounting tasks and challenges.

  • Innovate in prompt creation to achieve best results for complex queries.

8. Mastering Custom Instructions: Turbocharging Your ChatGPT Experience

  • Design effective custom instructions for specialized tasks.

  • Enhance user experience and results with personalized settings.

  • Deliver solutions faster with well-crafted instructions.

9. Getting practical with use cases

  •  Elevate practice management through ChatGPT-assisted strategies.

  • Elevating Client Relations: ChatGPT as Your Communication Partner

  • Leverage ChatGPT for innovative and impactful marketing campaigns.

10. ChatGPT Power-Plays: Diving Deeper into Advanced Use Cases

  • Creating value for clients with strategic insights

  • How to use ChatGPT for data analysis

  • ChatGPT Plus and advanced functionality

Please Note: This ChatGPT for accountants course’s author is working on providing transcripts, PDFs, and slides where applicable. Unfortunately, until then we will not be able to offer them with this AI in accounting and finance course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any questions using the support bubble on the bottom right of all pages on our site.

ChatGPT for Accountants: Mastering the AI Revolution in Accounting and Finance (Video) (3 Hrs)

In this video course "When Bots Attack: Safeguarding Against AI Cyber Threats," expert and best-selling author, Tom Kirkham, delves into the evolving landscape of AI-driven cyber threats and the sophisticated tactics employed by malicious bots. Attendees will gain insights into the latest defense mechanisms and strategies for protecting digital assets and personal information against these advanced threats. The session aims to empower individuals and organizations with the knowledge and tools needed to stay one step ahead in the ever-changing battle against cybercriminals leveraging artificial intelligence.
1. Understand the Evolving Threat Landscape: Attendees will learn about the latest developments in AI-driven cyber threats, including how malicious bots operate and evolve. This objective covers identifying the characteristics of these threats and understanding their potential impact on digital assets and personal information.
2. Explore Advanced Defense Mechanisms: Participants will gain knowledge of cutting-edge defense strategies and mechanisms to protect against AI cyber threats. This includes an overview of tools, techniques, and best practices for safeguarding digital environments from sophisticated bot attacks.
3. Develop a Security-First Mindset: The session aims to empower individuals and organizations to adopt a proactive approach to cybersecurity. Attendees will learn how to implement a security-first culture within their organization, utilizing Tom Kirkham's insights and experiences to develop effective training programs and to stay ahead of cybercriminals using artificial intelligence.

When Bots Attack: Safeguarding Against AI Cyber Threats (Video) (1 Hrs)

This course aims to equip accountants with an understanding and practical knowledge of leveraging Artificial Intelligence (AI), particularly ChatGPT, to revolutionize accounting practices, enhancing efficiency, client satisfaction, and overall value delivery.

Key Insights:

  • Technological Adaptation: Emphasizes the critical necessity for accountants to embrace AI to remain competitive and relevant in a rapidly evolving industry.
  • Operational Efficiency: Demonstrates how ChatGPT streamlines repetitive tasks, enabling accountants to focus on high-value, strategic activities, thereby reducing burnout and enhancing job satisfaction.
  • Risk Mitigation: Highlights the importance of adopting AI technology to prevent obsolescence, stressing that the risks of technological integration are minimal compared to the consequences of inaction.
  • Service Innovation: Offers insights on utilizing AI for service optimization and innovation, ensuring personalized client experiences and improving communication across diverse client demographics.
  • Growth Opportunities: Through practical application in workshops, the course provides accountants with the tools to harness AI for identifying trends, optimizing service offerings, and significantly increasing the value and profitability of their practice.

Please Note: This course’s author is working on the providing transcripts, PDFs, and slides where applicable. Unfortunately until then we will not be able to offer them with the course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any question using the support bubble on the bottom right of all pages on our site.

Empowering Accountants with ChatGPT - Why CPAs Should Use Artificial Intelligence (AI) (Video) (2 Hrs)
A/B
Suggested Courses

Here is the outline of the AI in accounting and finance course:

  1. The history of ChatGPT and Large Language Models (including about me)

  2. Why it is essential for forward-thinking accounting firms

  3. The shortcomings

  4. How you benefit from ChatGPT

  5. The best use cases (in overview)

  6. How to set up your account and use ChatGPT

  7. Prompt engineering and why it is so important

  8. Setting up your custom instructions – the most powerful feature

  9. Ways to improve your practice management, get help with client communications, and an introduction to your new marketing assistant for powerful practice growth

  10. More powerful use cases and advanced features

In more detail here are the sections:

1. The Genesis of ChatGPT and Large Language Models

  • Trace the evolution of ChatGPT and its significance to the accounting profession.

  • Differentiate between ChatGPT and other language models.

  • Illustrate the core features that make ChatGPT unique.

2. The Accounting Revolution: Why ChatGPT Is Your Firm's Future

  • Explain the competitive edge ChatGPT provides to accounting firms.

  • Illustrate the efficiency and accuracy benefits of integrating ChatGPT.

  • Adopt strategies to seamlessly integrate ChatGPT into daily operations.

3. The Other Side: Pitfalls of Relying Solely on ChatGPT

  • Identify potential challenges and shortcomings of using ChatGPT.

  • Strategize methods to mitigate these challenges in professional scenarios.

4. The ChatGPT Advantage: Unveiling Your Secret Weapon

  • Harness the transformative potential of ChatGPT for your firm.

  • Quantify the ROI of incorporating ChatGPT into business operations.

  • Position ChatGPT as a reliable assistant in your workflow.

5. ChatGPT in Action: Real-world Applications for Accountants

  • Evaluate practical scenarios where ChatGPT excels.

  • Integrate ChatGPT in specific accounting tasks for improved efficiency.

  • Deliver innovative solutions using ChatGPT to tackle accounting challenges.

6. Step by Step: Setting Up and Unleashing ChatGPT's Potential

  • Execute a smooth setup of your ChatGPT account.

  • Navigate and utilize core functionalities for optimal results.

  • Implement best practices for best results.

7. The Art of Prompt Engineering: Why It's the #1 skill you must master

  • Craft precise prompts to retrieve accurate and relevant responses.

  • Tailor prompts for specific accounting tasks and challenges.

  • Innovate in prompt creation to achieve best results for complex queries.

8. Mastering Custom Instructions: Turbocharging Your ChatGPT Experience

  • Design effective custom instructions for specialized tasks.

  • Enhance user experience and results with personalized settings.

  • Deliver solutions faster with well-crafted instructions.

9. Getting practical with use cases

  •  Elevate practice management through ChatGPT-assisted strategies.

  • Elevating Client Relations: ChatGPT as Your Communication Partner

  • Leverage ChatGPT for innovative and impactful marketing campaigns.

10. ChatGPT Power-Plays: Diving Deeper into Advanced Use Cases

  • Creating value for clients with strategic insights

  • How to use ChatGPT for data analysis

  • ChatGPT Plus and advanced functionality

Please Note: This ChatGPT for accountants course’s author is working on providing transcripts, PDFs, and slides where applicable. Unfortunately, until then we will not be able to offer them with this AI in accounting and finance course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any questions using the support bubble on the bottom right of all pages on our site.

ChatGPT for Accountants: Mastering the AI Revolution in Accounting and Finance (Video) (3 Hrs)

In this video course "When Bots Attack: Safeguarding Against AI Cyber Threats," expert and best-selling author, Tom Kirkham, delves into the evolving landscape of AI-driven cyber threats and the sophisticated tactics employed by malicious bots. Attendees will gain insights into the latest defense mechanisms and strategies for protecting digital assets and personal information against these advanced threats. The session aims to empower individuals and organizations with the knowledge and tools needed to stay one step ahead in the ever-changing battle against cybercriminals leveraging artificial intelligence.
1. Understand the Evolving Threat Landscape: Attendees will learn about the latest developments in AI-driven cyber threats, including how malicious bots operate and evolve. This objective covers identifying the characteristics of these threats and understanding their potential impact on digital assets and personal information.
2. Explore Advanced Defense Mechanisms: Participants will gain knowledge of cutting-edge defense strategies and mechanisms to protect against AI cyber threats. This includes an overview of tools, techniques, and best practices for safeguarding digital environments from sophisticated bot attacks.
3. Develop a Security-First Mindset: The session aims to empower individuals and organizations to adopt a proactive approach to cybersecurity. Attendees will learn how to implement a security-first culture within their organization, utilizing Tom Kirkham's insights and experiences to develop effective training programs and to stay ahead of cybercriminals using artificial intelligence.

When Bots Attack: Safeguarding Against AI Cyber Threats (Video) (1 Hrs)

This course aims to equip accountants with an understanding and practical knowledge of leveraging Artificial Intelligence (AI), particularly ChatGPT, to revolutionize accounting practices, enhancing efficiency, client satisfaction, and overall value delivery.

Key Insights:

  • Technological Adaptation: Emphasizes the critical necessity for accountants to embrace AI to remain competitive and relevant in a rapidly evolving industry.
  • Operational Efficiency: Demonstrates how ChatGPT streamlines repetitive tasks, enabling accountants to focus on high-value, strategic activities, thereby reducing burnout and enhancing job satisfaction.
  • Risk Mitigation: Highlights the importance of adopting AI technology to prevent obsolescence, stressing that the risks of technological integration are minimal compared to the consequences of inaction.
  • Service Innovation: Offers insights on utilizing AI for service optimization and innovation, ensuring personalized client experiences and improving communication across diverse client demographics.
  • Growth Opportunities: Through practical application in workshops, the course provides accountants with the tools to harness AI for identifying trends, optimizing service offerings, and significantly increasing the value and profitability of their practice.

Please Note: This course’s author is working on the providing transcripts, PDFs, and slides where applicable. Unfortunately until then we will not be able to offer them with the course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any question using the support bubble on the bottom right of all pages on our site.

Empowering Accountants with ChatGPT - Why CPAs Should Use Artificial Intelligence (AI) (Video) (2 Hrs)
Recent Searches
No recent searches found.
Similar Courses

Here is the outline of the AI in accounting and finance course:

  1. The history of ChatGPT and Large Language Models (including about me)

  2. Why it is essential for forward-thinking accounting firms

  3. The shortcomings

  4. How you benefit from ChatGPT

  5. The best use cases (in overview)

  6. How to set up your account and use ChatGPT

  7. Prompt engineering and why it is so important

  8. Setting up your custom instructions – the most powerful feature

  9. Ways to improve your practice management, get help with client communications, and an introduction to your new marketing assistant for powerful practice growth

  10. More powerful use cases and advanced features

In more detail here are the sections:

1. The Genesis of ChatGPT and Large Language Models

  • Trace the evolution of ChatGPT and its significance to the accounting profession.

  • Differentiate between ChatGPT and other language models.

  • Illustrate the core features that make ChatGPT unique.

2. The Accounting Revolution: Why ChatGPT Is Your Firm's Future

  • Explain the competitive edge ChatGPT provides to accounting firms.

  • Illustrate the efficiency and accuracy benefits of integrating ChatGPT.

  • Adopt strategies to seamlessly integrate ChatGPT into daily operations.

3. The Other Side: Pitfalls of Relying Solely on ChatGPT

  • Identify potential challenges and shortcomings of using ChatGPT.

  • Strategize methods to mitigate these challenges in professional scenarios.

4. The ChatGPT Advantage: Unveiling Your Secret Weapon

  • Harness the transformative potential of ChatGPT for your firm.

  • Quantify the ROI of incorporating ChatGPT into business operations.

  • Position ChatGPT as a reliable assistant in your workflow.

5. ChatGPT in Action: Real-world Applications for Accountants

  • Evaluate practical scenarios where ChatGPT excels.

  • Integrate ChatGPT in specific accounting tasks for improved efficiency.

  • Deliver innovative solutions using ChatGPT to tackle accounting challenges.

6. Step by Step: Setting Up and Unleashing ChatGPT's Potential

  • Execute a smooth setup of your ChatGPT account.

  • Navigate and utilize core functionalities for optimal results.

  • Implement best practices for best results.

7. The Art of Prompt Engineering: Why It's the #1 skill you must master

  • Craft precise prompts to retrieve accurate and relevant responses.

  • Tailor prompts for specific accounting tasks and challenges.

  • Innovate in prompt creation to achieve best results for complex queries.

8. Mastering Custom Instructions: Turbocharging Your ChatGPT Experience

  • Design effective custom instructions for specialized tasks.

  • Enhance user experience and results with personalized settings.

  • Deliver solutions faster with well-crafted instructions.

9. Getting practical with use cases

  •  Elevate practice management through ChatGPT-assisted strategies.

  • Elevating Client Relations: ChatGPT as Your Communication Partner

  • Leverage ChatGPT for innovative and impactful marketing campaigns.

10. ChatGPT Power-Plays: Diving Deeper into Advanced Use Cases

  • Creating value for clients with strategic insights

  • How to use ChatGPT for data analysis

  • ChatGPT Plus and advanced functionality

Please Note: This ChatGPT for accountants course’s author is working on providing transcripts, PDFs, and slides where applicable. Unfortunately, until then we will not be able to offer them with this AI in accounting and finance course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any questions using the support bubble on the bottom right of all pages on our site.

ChatGPT for Accountants: Mastering the AI Revolution in Accounting and Finance (Video) (3 Hrs)

In this video course "When Bots Attack: Safeguarding Against AI Cyber Threats," expert and best-selling author, Tom Kirkham, delves into the evolving landscape of AI-driven cyber threats and the sophisticated tactics employed by malicious bots. Attendees will gain insights into the latest defense mechanisms and strategies for protecting digital assets and personal information against these advanced threats. The session aims to empower individuals and organizations with the knowledge and tools needed to stay one step ahead in the ever-changing battle against cybercriminals leveraging artificial intelligence.
1. Understand the Evolving Threat Landscape: Attendees will learn about the latest developments in AI-driven cyber threats, including how malicious bots operate and evolve. This objective covers identifying the characteristics of these threats and understanding their potential impact on digital assets and personal information.
2. Explore Advanced Defense Mechanisms: Participants will gain knowledge of cutting-edge defense strategies and mechanisms to protect against AI cyber threats. This includes an overview of tools, techniques, and best practices for safeguarding digital environments from sophisticated bot attacks.
3. Develop a Security-First Mindset: The session aims to empower individuals and organizations to adopt a proactive approach to cybersecurity. Attendees will learn how to implement a security-first culture within their organization, utilizing Tom Kirkham's insights and experiences to develop effective training programs and to stay ahead of cybercriminals using artificial intelligence.

When Bots Attack: Safeguarding Against AI Cyber Threats (Video) (1 Hrs)

This course aims to equip accountants with an understanding and practical knowledge of leveraging Artificial Intelligence (AI), particularly ChatGPT, to revolutionize accounting practices, enhancing efficiency, client satisfaction, and overall value delivery.

Key Insights:

  • Technological Adaptation: Emphasizes the critical necessity for accountants to embrace AI to remain competitive and relevant in a rapidly evolving industry.
  • Operational Efficiency: Demonstrates how ChatGPT streamlines repetitive tasks, enabling accountants to focus on high-value, strategic activities, thereby reducing burnout and enhancing job satisfaction.
  • Risk Mitigation: Highlights the importance of adopting AI technology to prevent obsolescence, stressing that the risks of technological integration are minimal compared to the consequences of inaction.
  • Service Innovation: Offers insights on utilizing AI for service optimization and innovation, ensuring personalized client experiences and improving communication across diverse client demographics.
  • Growth Opportunities: Through practical application in workshops, the course provides accountants with the tools to harness AI for identifying trends, optimizing service offerings, and significantly increasing the value and profitability of their practice.

Please Note: This course’s author is working on the providing transcripts, PDFs, and slides where applicable. Unfortunately until then we will not be able to offer them with the course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any question using the support bubble on the bottom right of all pages on our site.

Empowering Accountants with ChatGPT - Why CPAs Should Use Artificial Intelligence (AI) (Video) (2 Hrs)
Suggested Courses

Here is the outline of the AI in accounting and finance course:

  1. The history of ChatGPT and Large Language Models (including about me)

  2. Why it is essential for forward-thinking accounting firms

  3. The shortcomings

  4. How you benefit from ChatGPT

  5. The best use cases (in overview)

  6. How to set up your account and use ChatGPT

  7. Prompt engineering and why it is so important

  8. Setting up your custom instructions – the most powerful feature

  9. Ways to improve your practice management, get help with client communications, and an introduction to your new marketing assistant for powerful practice growth

  10. More powerful use cases and advanced features

In more detail here are the sections:

1. The Genesis of ChatGPT and Large Language Models

  • Trace the evolution of ChatGPT and its significance to the accounting profession.

  • Differentiate between ChatGPT and other language models.

  • Illustrate the core features that make ChatGPT unique.

2. The Accounting Revolution: Why ChatGPT Is Your Firm's Future

  • Explain the competitive edge ChatGPT provides to accounting firms.

  • Illustrate the efficiency and accuracy benefits of integrating ChatGPT.

  • Adopt strategies to seamlessly integrate ChatGPT into daily operations.

3. The Other Side: Pitfalls of Relying Solely on ChatGPT

  • Identify potential challenges and shortcomings of using ChatGPT.

  • Strategize methods to mitigate these challenges in professional scenarios.

4. The ChatGPT Advantage: Unveiling Your Secret Weapon

  • Harness the transformative potential of ChatGPT for your firm.

  • Quantify the ROI of incorporating ChatGPT into business operations.

  • Position ChatGPT as a reliable assistant in your workflow.

5. ChatGPT in Action: Real-world Applications for Accountants

  • Evaluate practical scenarios where ChatGPT excels.

  • Integrate ChatGPT in specific accounting tasks for improved efficiency.

  • Deliver innovative solutions using ChatGPT to tackle accounting challenges.

6. Step by Step: Setting Up and Unleashing ChatGPT's Potential

  • Execute a smooth setup of your ChatGPT account.

  • Navigate and utilize core functionalities for optimal results.

  • Implement best practices for best results.

7. The Art of Prompt Engineering: Why It's the #1 skill you must master

  • Craft precise prompts to retrieve accurate and relevant responses.

  • Tailor prompts for specific accounting tasks and challenges.

  • Innovate in prompt creation to achieve best results for complex queries.

8. Mastering Custom Instructions: Turbocharging Your ChatGPT Experience

  • Design effective custom instructions for specialized tasks.

  • Enhance user experience and results with personalized settings.

  • Deliver solutions faster with well-crafted instructions.

9. Getting practical with use cases

  •  Elevate practice management through ChatGPT-assisted strategies.

  • Elevating Client Relations: ChatGPT as Your Communication Partner

  • Leverage ChatGPT for innovative and impactful marketing campaigns.

10. ChatGPT Power-Plays: Diving Deeper into Advanced Use Cases

  • Creating value for clients with strategic insights

  • How to use ChatGPT for data analysis

  • ChatGPT Plus and advanced functionality

Please Note: This ChatGPT for accountants course’s author is working on providing transcripts, PDFs, and slides where applicable. Unfortunately, until then we will not be able to offer them with this AI in accounting and finance course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any questions using the support bubble on the bottom right of all pages on our site.

ChatGPT for Accountants: Mastering the AI Revolution in Accounting and Finance (Video) (3 Hrs)

In this video course "When Bots Attack: Safeguarding Against AI Cyber Threats," expert and best-selling author, Tom Kirkham, delves into the evolving landscape of AI-driven cyber threats and the sophisticated tactics employed by malicious bots. Attendees will gain insights into the latest defense mechanisms and strategies for protecting digital assets and personal information against these advanced threats. The session aims to empower individuals and organizations with the knowledge and tools needed to stay one step ahead in the ever-changing battle against cybercriminals leveraging artificial intelligence.
1. Understand the Evolving Threat Landscape: Attendees will learn about the latest developments in AI-driven cyber threats, including how malicious bots operate and evolve. This objective covers identifying the characteristics of these threats and understanding their potential impact on digital assets and personal information.
2. Explore Advanced Defense Mechanisms: Participants will gain knowledge of cutting-edge defense strategies and mechanisms to protect against AI cyber threats. This includes an overview of tools, techniques, and best practices for safeguarding digital environments from sophisticated bot attacks.
3. Develop a Security-First Mindset: The session aims to empower individuals and organizations to adopt a proactive approach to cybersecurity. Attendees will learn how to implement a security-first culture within their organization, utilizing Tom Kirkham's insights and experiences to develop effective training programs and to stay ahead of cybercriminals using artificial intelligence.

When Bots Attack: Safeguarding Against AI Cyber Threats (Video) (1 Hrs)

This course aims to equip accountants with an understanding and practical knowledge of leveraging Artificial Intelligence (AI), particularly ChatGPT, to revolutionize accounting practices, enhancing efficiency, client satisfaction, and overall value delivery.

Key Insights:

  • Technological Adaptation: Emphasizes the critical necessity for accountants to embrace AI to remain competitive and relevant in a rapidly evolving industry.
  • Operational Efficiency: Demonstrates how ChatGPT streamlines repetitive tasks, enabling accountants to focus on high-value, strategic activities, thereby reducing burnout and enhancing job satisfaction.
  • Risk Mitigation: Highlights the importance of adopting AI technology to prevent obsolescence, stressing that the risks of technological integration are minimal compared to the consequences of inaction.
  • Service Innovation: Offers insights on utilizing AI for service optimization and innovation, ensuring personalized client experiences and improving communication across diverse client demographics.
  • Growth Opportunities: Through practical application in workshops, the course provides accountants with the tools to harness AI for identifying trends, optimizing service offerings, and significantly increasing the value and profitability of their practice.

Please Note: This course’s author is working on the providing transcripts, PDFs, and slides where applicable. Unfortunately until then we will not be able to offer them with the course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any question using the support bubble on the bottom right of all pages on our site.

Empowering Accountants with ChatGPT - Why CPAs Should Use Artificial Intelligence (AI) (Video) (2 Hrs)
Course Details

Personal Life Insurance Planning (Course Id 187)

Updated / QAS / Registry
  Add to Cart 
Author : Paul Winn, CLU, ChFC
Course Length : Pages: 46 ||| Review Questions: 16 ||| Final Exam Questions: 23
CPE Credits : 4.5
IRS Credits : 0
Price : $40.45
Passing Score : 70%
Course Type: NASBA QAS - Text - NASBA Registry
Technical Designation: Technical
Primary Subject-Field Of Study:

Specialized Knowledge - Specialized Knowledge for Course Id 187

Description :

Personal Life Insurance Planning is divided into six lessons that include the following:

  1. An Introduction to Human Life Value and Needs Analysis
  2. Gathering Client Information
  3. Identifying & Calculating Lump-sum Needs at Death
  4. Social Security Survivor Benefits
  5. Identifying Survivor Income Needs at Death
  6. Calculating Survivor Income Needs at Death

Students learn the type of client data needed and how to build client rapport and create trust. The various lump-sum cash needs at the death of a breadwinner are identified, and guidelines are provided that enable students to recommend life insurance in amounts that fully protect their clients. The surviving family’s income needs are examined, and the students learn how to calculate adequate survivor income and the life insurance needed to provide that income. Social Security survivor benefits are discussed, including the Child’s benefit, the Mother’s or Father’s benefit, and Widow’s and Widower’s benefit.

Usage Rank : 12857
Release : 2024
Version : 1.0
Prerequisites : None.
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 : 10-Feb-2024
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 - NASBA Registry - 187

Keywords : Specialized Knowledge, Personal, Life, Insurance, Planning, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

Upon completion of this course, the student should be able to:
    1. Describe the early attempt to calculate appropriate life insurance amounts known as the human life value method.
    2. Understand the importance of basing client insurance requirements on a thoroughgoing analysis of needs.
    3. Gather the appropriate client information required to perform an insurance needs analysis.
    4. Identify and calculate a clients familys lump-sum needs at the death of a breadwinner.
    5. Understand the Social Security survivor benefits that need to be considered in analyzing survivors needs for life insurance to replace income.
    6. Identify and calculate survivors income needs during the dependency period, blackout period and retirement period.

Chapter 1
Introduction to Human Life Value & Needs Analysis

In this chapter we will look at the principal early attempt to determine appropriate life insurance amounts to meet personal life insurance needs. When you have completed this chapter you should be able to describe how the human life value method approximates individual and family life insurance requirements.

Chapter 2
Gathering Client Information for Needs Analysis

In this chapter we will look at the requirements and importance of gathering specific data in the personal life insurance planning process.

When you have completed this chapter you should be able to:
  • Identify the types of customer information needed to determine appropriate life insurance needs; and
  • Explain why information concerning a customers financial situation, objectives and risk tolerance is necessary to the personal life insurance planning process.

Chapter 3
Identifying and Calculating Lump-Sum Financial Needs at Death

In this chapter we will look at the process of identifying and calculating lump-sum financial needs at a breadwinners death.

When you have completed this chapter you should be able to:
  • Identify the principal lump-sum family financial needs following a breadwinners death;
  • List the immediate cash needs generally experienced by surviving members of a deceased breadwinners family;
  • Describe the principal estate administration costs; and
  • List the primary uses of an emergency fund for surviving family members.

Chapter 4
Social Security Survivor Benefits

In this chapter we will look at Social Security survivor benefits and their importance in the personal life insurance planning process.

When you have completed this chapter you should be able to:
  • Determine the difference between currently insured and fully insured and the consequences for surviving family members of the workers Social Security insured status;
  • Calculate the Social Security survivor benefits lost by a beneficiarys receipt of excess earned income; and
  • List the criteria applicable to eligibility for each Social Security survivor benefit.

Chapter 5
Identifying Income Needs At Death

In this chapter we will look at surviving families income needs following the death of a breadwinner.

When you have completed this chapter you should be able to:
  • Describe when a surviving familys dependency period, blackout period and retirement period begin and end;
  • Explain when the Social Security mothers or fathers benefit ends; and
  • Identify when the Social Security childs benefit ends.

Chapter 6
Calculating Survivor Income Needs at Death

In this chapter we will look at the methods used to calculate the amount of assets required to provide for surviving families income needs following the death of a breadwinner.

When you have completed this chapter you should be able to:
  • Calculate the amount of life insurance needed to provide survivor income liquidating capital and income; and
  • Calculate the amount of life insurance needed to provide survivor income using income only and retaining capital.
Course Contents :

Course Learning Objectives

How You Will Learn

Why This Information is Important and How You Can Use It

Chapter 1 - Introduction to Human Life Value & Needs Analysis

Chapter Learning Objectives

Important Lesson Points

Determining Insurance Amounts Human Life Value

Capitalized Value of Net Earnings

Human Life Value Case Study

Bill Jones Life Insurance Need Human Life Value Approach

Human Life Value Limitations

Determining Insurance Amounts Advantages of Insurance Needs Analysis

Summary

Test Your Comprehension - Chapter 1

Chapter 2 - Gathering Client Information for Needs Analysis

Chapter Learning Objectives

Important Lesson Points

Required Data

Current Income

Accumulated Assets

Liabilities

Goals and Objectives

Risk Profile

Building Rapport and Creating Trust

Responsive Listening

Establishing Credibility

Effective Information Gathering

Summary

Test Your Comprehension - Chapter 2

Chapter 3 - Identifying and Calculating Lump-Sum Financial Needs at Death

Chapter Learning Objectives

Important Lesson Points

Lump-Sum Cash Needs

Burial & Final Medical Expenses

Estate Administration Costs

Federal & State Taxes

One Months Current Income

Consumer Debt Liquidation

Emergency Fund

Mortgage Redemption or Rental Payment Fund

Dependent Care

Education

Summary

Test Your Comprehension - Chapter 3

Chapter 4 - Social Security Survivor Benefits

Chapter Learning Objectives

Important Lesson Points

Introduction to Social Security Benefits

Important Social Security Definitions

Currently Insured Social Security Survivor Benefits

Fully Insured Social Security Survivor Benefits

Mothers or Fathers Benefit

Summary

Test Your Comprehension - Chapter 4

Chapter 5 - Identifying Income Needs At Death

Chapter Learning Objectives

Important Lesson Points

Introduction

The Dependency Period

The Blackout Period

The Survivors Retirement Period

Summary

Test Your Comprehension - Chapter 5

Chapter 6 Calculating Survivor Income Needs at Death

Chapter Learning Objectives

Introduction

A Process of Estimation

Determining the Capital Need

When Income is Not Needed for Several Years

The Client Wishes to Use Interest and Capital

Using Interest and CapitalIncome Not Needed for Several Years

Projecting Future Income Needs

Dependency Period

Blackout Period

Retirement Period

Capital Retention

Summary

Test Your Comprehension - Chapter 6

Appendix A

Present Value Factor for Annuity Table

Appendix B

Present Value Factor for Single Sum Table

Appendix C

Calculating Survivors Income Needs

Glossary

Specialized Knowledge CPE Courses: https://www.cpethink.com/specialized-knowledge-cpe-courses
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
  
Exam completed on .

Do you want to add the course again?